5-bed · 4,847 sqftTerra Nova, Arabian Ranches

V005, Terra Nova

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V005 · DLD and Ejari recordsUpdated 19 September 2021
Last soldAED 4.7M19 September 2021
Current rentAED 190K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V005, Terra Nova

What is V005 worth today?

Last sold for AED 4,700,000 in 2021

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19 Sep 2021SoldReady
AED 4,700,000AED 969 per sqft
1 Apr 2021RentedRenewal
AED 190,000/yr12 months · AED 39 per sqft
1 Apr 2020RentedRenewal
AED 190,000/yr12 months · AED 39 per sqft
1 Apr 2019RentedRenewal
AED 215,000/yr12 months · AED 44 per sqft
10 Dec 2016RentedRenewal
AED 270,000/yr12 months · AED 56 per sqft
12 Mar 2012RentedNew contract
AED 300,000/yr12 months · AED 62 per sqft
20 Jul 2008Sold by developerReady
AED 1,827,888AED 377 per sqft

Source: Dubai Land Department. Updated 19 September 2021.

Key facts

Type
5-bed villa
Size
4,847 sqft
Service charge
AED 14,900 /yr
Last sold
AED 4.7M · September 2021
Community
Terra Nova

About V005, Terra Nova

V005 is a five-bedroom villa of 4,847 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 19 September 2021 for AED 4,700,000, or AED 969 per sqft, in line with the AED 972 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 190,000 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 14,900 a year.

Sales and rents for V005 over time

Sales
Villa V005, each saleTypical five-bed in Terra Nova
5M10M2007201220172022Typical sale price by year: 2007 AED 1,911,888; 2008 AED 2,053,888; 2009 AED 3,425,444; 2010 AED 1,920,888; 2011 AED 1,862,888; 2012 AED 4,335,000; 2013 AED 5,500,000; 2015 AED 5,000,000; 2017 AED 5,336,690; 2018 AED 4,800,000; 2019 AED 3,670,000; 2020 AED 3,662,500; 2021 AED 4,590,000; 2022 AED 6,700,000; 2023 AED 6,875,000; 2025 AED 11,250,000Sold by developer, July 2008: AED 1,827,888 (AED 377 per sqft)Sold, September 2021: AED 4,700,000 (AED 969 per sqft)

V005 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V005, each contractTypical five-bed in Terra Nova
200K400K2012201620202024Typical rent by year: 2012 AED 282,500; 2013 AED 287,500; 2014 AED 315,000; 2015 AED 313,500; 2016 AED 304,000; 2017 AED 295,000; 2018 AED 277,500; 2019 AED 235,000; 2020 AED 215,000; 2021 AED 225,375; 2022 AED 280,000; 2023 AED 400,000; 2024 AED 435,000; 2025 AED 450,000; 2026 AED 450,000New contract, March 2012: AED 300,000 a yearRenewal, December 2016: AED 270,000 a yearRenewal, April 2019: AED 215,000 a yearRenewal, April 2020: AED 190,000 a yearRenewal, April 2021: AED 190,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Terra Nova, and where V005 sits

All 61 5-beds →

V005 last sold in September 2021 at AED 969 per sqft, in line with what five-beds in Terra Nova were fetching at the time (AED 972). Over the last 12 months five-beds sold for AED 12,750,000, around AED 2,770 per sqft, and rent for AED 375,000 to 630,000 a year. V005's AED 190,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
6 Jan 202612,750,000
28 Aug 202512,850,000
1 Aug 202510,600,000
11 Jun 202510,550,000
1 5-bed sale in the last 12 months

Terra Nova

Community

119 villas, 4-bed to 7-bed in Arabian Ranches. 3 sold in the last 12 months.

Typical price per sqft
AED 2,705
Typical sale
AED 12.25M
Typical rent
AED 450K /yr
Typical yield
3.7%
Terra Nova, Arabian Ranches: prices, sales and rents →

V005, Terra Nova in numbers

  • Sold twice: first on 20 July 2008 for AED 1,827,888, last on 19 September 2021 for AED 4,700,000 (AED 969 per sqft).
  • Rented since March 2012 on 5 Ejari contracts, from AED 300,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 14,900 a year (AED 3.08 per sqft).
  • Five-beds in Terra Nova sold for AED 12,750,000–12,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,705 per sqft.

Source: Dubai Land Department. Updated 19 September 2021.

Questions about V005, Terra Nova

What did villa V005 last sell for?

AED 4,700,000 on 19 September 2021: AED 969 per sqft for 4,847 sqft. The villa has 2 registered sales; the first was AED 1,827,888 in July 2008.

What is the rent for villa V005?

AED 190,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 190,000; the villa has been rented since March 2012.

How big is villa V005?

4,847 sqft (450.3 sqm): a five-bedroom villa in Terra Nova.

What is villa V005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Terra Nova sold for AED 12,750,000 to 12,750,000 in the last 12 months, around AED 2,770 per sqft.

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Mortgage on V005, Terra Nova

Starts from the last sale price (AED 4.7M, 19 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →