5-bed · 4,361 sqftTerra Nova, Arabian Ranches

V030, Terra Nova

Sold prices and rental history: sold 3 times, last in May 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V030 · DLD and Ejari recordsUpdated 1 July 2016
Last soldAED 3.68M18 May 2010
Current rentAED 270K /yr1 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V030, Terra Nova

What is V030 worth today?

Last sold for AED 3,675,000 in 2010

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1 Jul 2016RentedRenewal
AED 270,000/yr12 months · AED 62 per sqft
1 Jul 2015RentedNew contract
AED 290,000/yr12 months · AED 66 per sqft
1 Aug 2013RentedNew contract
AED 280,000/yr12 months · AED 64 per sqft
1 Aug 2012RentedNew contract
AED 280,000/yr12 months · AED 64 per sqft
18 May 2010SoldReady
AED 3,675,000AED 842 per sqft
24 Nov 2009SoldReady
AED 4,200,000AED 963 per sqft
25 Jun 2008Sold by developerReady
AED 941,944AED 215 per sqft

Source: Dubai Land Department. Updated 1 July 2016.

Key facts

Type
5-bed villa
Size
4,361 sqft
Service charge
AED 13,400 /yr
Last sold
AED 3.68M · May 2010
Community
Terra Nova

About V030, Terra Nova

V030 is a five-bedroom villa of 4,361 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 18 May 2010 for AED 3,675,000, or AED 842 per sqft, 7% below the AED 904 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 July 2016, is AED 270,000 a year: a gross yield of 7.3% on the 2010 price, before the service charge of about AED 13,400 a year.

Sales and rents for V030 over time

Sales
Villa V030, each saleTypical five-bed in Terra Nova
05M10M2007201220172022Typical 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, June 2008: AED 941,944 (AED 215 per sqft)Sold, November 2009: AED 4,200,000 (AED 963 per sqft)Sold, May 2010: AED 3,675,000 (AED 842 per sqft)

V030 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V030, 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, August 2012: AED 280,000 a yearNew contract, August 2013: AED 280,000 a yearNew contract, July 2015: AED 290,000 a yearRenewal, July 2016: AED 270,000 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 V030 sits

All 61 5-beds →

V030 last sold in May 2010 at AED 842 per sqft, 7% below what five-beds in Terra Nova were fetching at the time (AED 904). 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. V030's AED 270,000 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 →

V030, Terra Nova in numbers

  • Sold 3 times: first on 25 June 2008 for AED 941,944, last on 18 May 2010 for AED 3,675,000 (AED 842 per sqft).
  • Rented since August 2012 on 4 Ejari contracts, from AED 280,000 to AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2010 price is 7.3%, before a service charge of about AED 13,400 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 1 July 2016.

Questions about V030, Terra Nova

What did villa V030 last sell for?

AED 3,675,000 on 18 May 2010: AED 842 per sqft for 4,361 sqft. The villa has 3 registered sales; the first was AED 941,944 in June 2008.

What is the rent for villa V030?

AED 270,000 a year on the contract renewed on 1 July 2016. The previous contract, from July 2015, was AED 290,000; the villa has been rented since August 2012.

How big is villa V030?

4,361 sqft (405.2 sqm): a five-bedroom villa in Terra Nova.

What is villa V030 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 V030, Terra Nova

Starts from the last sale price (AED 3.68M, 18 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,675,000
Deposit, UAE resident (20%)
AED 735,000
Deposit, non-resident (40%)
AED 1,470,000
Monthly over 25 years at 3.7%
AED 15,036

Plus AED 159,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →