Home
Dubai prices
About
Research
5-bed · 4,361 sqftTerra Nova, Arabian Ranches

V038, Terra Nova

Sold prices and rental history: sold 3 times, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V038 · DLD and Ejari recordsUpdated 21 June 2017
Last soldAED 5.75M21 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V038

Property timeline for V038, Terra Nova

What is V038 worth today?

Last sold for AED 5,750,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jun 2017SoldReady
AED 5,750,000AED 1,318 per sqft
24 Jul 2014SoldReady
AED 6,540,000AED 1,499 per sqft
21 Aug 2008Sold by developerReady
AED 3,200,000AED 733 per sqft

Source: Dubai Land Department. Updated 21 June 2017.

Key facts

Type
5-bed villa
Size
4,361 sqft
Service charge
AED 13,400 /yr
Last sold
AED 5.75M · June 2017
Community
Terra Nova

About V038, Terra Nova

V038 is a five-bedroom villa of 4,361 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 21 June 2017 for AED 5,750,000, or AED 1,318 per sqft, 15% above the AED 1,146 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V038 over time

Sales
Villa V038, 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, August 2008: AED 3,200,000 (AED 733 per sqft)Sold, July 2014: AED 6,540,000 (AED 1,499 per sqft)Sold, June 2017: AED 5,750,000 (AED 1,318 per sqft)

V038 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V038, 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 450,000

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 V038 sits

All 61 5-beds →

V038 last sold in June 2017 at AED 1,318 per sqft, 15% above what five-beds in Terra Nova were fetching at the time (AED 1,146). 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.

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 →

V038, Terra Nova in numbers

  • Sold 3 times: first on 21 August 2008 for AED 3,200,000, last on 21 June 2017 for AED 5,750,000 (AED 1,318 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 21 June 2017.

Questions about V038, Terra Nova

What did villa V038 last sell for?

AED 5,750,000 on 21 June 2017: AED 1,318 per sqft for 4,361 sqft. The villa has 3 registered sales; the first was AED 3,200,000 in August 2008.

How big is villa V038?

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

What is villa V038 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.

Selling V038? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V038, Terra Nova

Starts from the last sale price (AED 5.75M, 21 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 5,750,000
Deposit, UAE resident (20%)
AED 1,150,000
Deposit, non-resident (40%)
AED 2,300,000
Monthly over 25 years at 3.7%
AED 23,525

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