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

V009, Terra Nova

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V009 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 4.5M23 December 2008
Current rentAED 150K /yr6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V009, Terra Nova

What is V009 worth today?

Last sold for AED 4,500,000 in 2008

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6 Feb 2023RentedRenewal
AED 150,000/yr60 months · AED 31 per sqft
5 Feb 2018RentedNew contract · flagged as an outlier
AED 29,982/yr60 months · AED 6 per sqft
7 Aug 2015RentedRenewal
AED 335,000/yr12 months · AED 69 per sqft
15 Sep 2013RentedNew contract
AED 325,000/yr12 months · AED 67 per sqft
1 Sep 2012RentedNew contract
AED 285,000/yr12 months · AED 59 per sqft
23 Dec 2008Sold by developerReady
AED 4,500,000AED 928 per sqft

Source: Dubai Land Department. Updated 6 February 2023.

Key facts

Type
5-bed villa
Size
4,847 sqft
Service charge
AED 14,900 /yr
Last sold
AED 4.5M · December 2008
Community
Terra Nova

About V009, Terra Nova

V009 is a five-bedroom villa of 4,847 sqft in Terra Nova, a villa community in Arabian Ranches. The developer sold it on 23 December 2008 for AED 4,500,000, or AED 928 per sqft, 49% above the AED 622 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 6 February 2023, is AED 150,000 a year: a gross yield of 3.3% on the 2008 price, before the service charge of about AED 14,900 a year.

Sales and rents for V009 over time

Sales
Villa V009, 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, December 2008: AED 4,500,000 (AED 928 per sqft)

V009 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V009, 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, September 2012: AED 285,000 a yearNew contract, September 2013: AED 325,000 a yearRenewal, August 2015: AED 335,000 a yearRenewal, February 2023: AED 150,000 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 V009 sits

All 61 5-beds →

V009 last sold in December 2008 at AED 928 per sqft, 49% above what five-beds in Terra Nova were fetching at the time (AED 622). 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. V009's AED 150,000 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 →

V009, Terra Nova in numbers

  • Sold once: by the developer on 23 December 2008 for AED 4,500,000, or AED 928 per sqft.
  • Rented since September 2012 on 5 Ejari contracts. The rent fell from AED 285,000 to AED 29,982 in 2018 and recovered to AED 150,000 by February 2023.
  • At AED 150,000 a year the gross yield on the 2008 price is 3.3%, 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 6 February 2023.

Questions about V009, Terra Nova

What did villa V009 last sell for?

AED 4,500,000 on 23 December 2008, sold by the developer: AED 928 per sqft for 4,847 sqft. It is the only registered sale of the villa.

What is the rent for villa V009?

AED 150,000 a year on the contract renewed on 6 February 2023. The previous contract, from February 2018, was AED 29,982; the villa has been rented since September 2012.

How big is villa V009?

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

What is villa V009 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 V009, Terra Nova

Starts from the last sale price (AED 4.5M, 23 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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