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

V050, Terra Nova

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V050 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 6M4 January 2023
Current rentAED 410K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V050, Terra Nova

What is V050 worth today?

Last sold for AED 6,000,000 in 2023

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12 Aug 2024RentedRenewal
AED 410,002/yr7 months · AED 94 per sqft
12 Aug 2023RentedNew contract
AED 410,000/yr12 months · AED 94 per sqft
15 Jul 2023RentedNew contract
AED 410,000/yr12 months · AED 94 per sqft
4 Jan 2023SoldReady
AED 6,000,000AED 1,375 per sqft
1 Aug 2022RentedRenewal
AED 237,038/yr12 months · AED 54 per sqft
1 Aug 2021RentedRenewal
AED 225,750/yr12 months · AED 52 per sqft
1 Aug 2020RentedNew contract
AED 215,000/yr12 months · AED 49 per sqft
5 May 2020SoldReady
AED 3,155,000AED 723 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
5-bed villa
Size
4,361 sqft
Service charge
AED 13,400 /yr
Last sold
AED 6M · January 2023
Community
Terra Nova

About V050, Terra Nova

V050 is a five-bedroom villa of 4,361 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 4 January 2023 for AED 6,000,000, or AED 1,375 per sqft, 6% below the AED 1,456 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 12 August 2024, is AED 410,002 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 13,400 a year.

Sales and rents for V050 over time

Sales
Villa V050, 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, April 2007: AED 1,845,888 (AED 423 per sqft)Sold, November 2007: AED 5,000,000 (AED 1,146 per sqft)Sold, May 2020: AED 3,155,000 (AED 723 per sqft)Sold, January 2023: AED 6,000,000 (AED 1,375 per sqft)

V050 has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V050, 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, June 2013: AED 100,000 a yearRenewal, July 2015: AED 100,000 a yearRenewal, July 2016: AED 120,000 a yearNew contract, August 2018: AED 180,000 a yearNew contract, September 2018: AED 140,000 a yearNew contract, January 2019: AED 190,000 a yearNew contract, February 2020: AED 165,000 a yearNew contract, March 2020: AED 185,000 a yearNew contract, August 2020: AED 215,000 a yearRenewal, August 2021: AED 225,750 a yearRenewal, August 2022: AED 237,038 a yearNew contract, July 2023: AED 410,000 a yearNew contract, August 2023: AED 410,000 a yearRenewal, August 2024: AED 410,002 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 V050 sits

All 61 5-beds →

V050 last sold in January 2023 at AED 1,375 per sqft, 6% below what five-beds in Terra Nova were fetching at the time (AED 1,456). 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. V050's AED 410,002 is in the lower half 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 →

V050, Terra Nova in numbers

  • Sold 4 times: first on 30 April 2007 for AED 1,845,888, last on 4 January 2023 for AED 6,000,000 (AED 1,375 per sqft).
  • Rented since June 2013 on 14 Ejari contracts, from AED 100,000 to AED 410,002 a year.
  • At AED 410,002 a year the gross yield on the 2023 price is 6.8%, 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 12 August 2024.

Questions about V050, Terra Nova

What did villa V050 last sell for?

AED 6,000,000 on 4 January 2023: AED 1,375 per sqft for 4,361 sqft. The villa has 4 registered sales; the first was AED 1,845,888 in April 2007.

What is the rent for villa V050?

AED 410,002 a year on the contract renewed on 12 August 2024. The previous contract, from August 2023, was AED 410,000; the villa has been rented since June 2013.

How big is villa V050?

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

What is villa V050 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 V050, Terra Nova

Starts from the last sale price (AED 6M, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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