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6-bed · 5,127 sqftTerra Nova, Arabian Ranches

V058, Terra Nova

Sold prices and rental history: sold 4 times, last in July 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V058 · DLD and Ejari recordsUpdated 28 July 2021
Last soldAED 5.6M28 July 2021
Current rentAED 230K /yr30 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V058, Terra Nova

What is V058 worth today?

Last sold for AED 5,600,000 in 2021

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28 Jul 2021SoldReady
AED 5,600,000AED 1,092 per sqft
30 Sep 2020RentedNew contract
AED 230,000/yr12 months · AED 45 per sqft
1 Oct 2019RentedRenewal
AED 240,000/yr12 months · AED 47 per sqft
18 Nov 2017RentedNew contract
AED 300,000/yr12 months · AED 59 per sqft
29 Dec 2016RentedNew contract
AED 340,000/yr12 months · AED 66 per sqft
3 Jan 2013SoldReady
AED 5,100,000AED 994 per sqft
27 Jul 2008Sold by developerReady
AED 7,150,000AED 1,394 per sqft
27 Jul 2008SoldReady
AED 2,206,888AED 430 per sqft

Source: Dubai Land Department. Updated 28 July 2021.

Key facts

Type
6-bed villa
Size
5,127 sqft
Service charge
AED 15,800 /yr
Last sold
AED 5.6M · July 2021
Community
Terra Nova

About V058, Terra Nova

V058 is a six-bedroom villa of 5,127 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 28 July 2021 for AED 5,600,000, or AED 1,092 per sqft, 17% above the AED 932 six-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 30 September 2020, is AED 230,000 a year: a gross yield of 4.1% on the 2021 price, before the service charge of about AED 15,800 a year.

Sales and rents for V058 over time

Sales
Villa V058, each saleTypical six-bed in Terra Nova
5M10M2007201220172022Typical sale price by year: 2007 AED 2,194,888; 2008 AED 2,427,194; 2009 AED 4,260,000; 2010 AED 2,248,888; 2011 AED 4,275,000; 2012 AED 5,650,000; 2013 AED 5,950,000; 2016 AED 5,500,000; 2018 AED 4,450,000; 2019 AED 3,650,000; 2021 AED 5,299,500; 2022 AED 6,700,000; 2024 AED 10,600,000Sold by developer, July 2008: AED 7,150,000 (AED 1,394 per sqft)Sold, July 2008: AED 2,206,888 (AED 430 per sqft)Sold, January 2013: AED 5,100,000 (AED 994 per sqft)Sold, July 2021: AED 5,600,000 (AED 1,092 per sqft)

V058 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V058, each contractTypical six-bed in Terra Nova
200K400K2012201620202024Typical rent by year: 2012 AED 325,000; 2013 AED 340,000; 2014 AED 340,000; 2015 AED 350,000; 2016 AED 350,000; 2017 AED 330,000; 2018 AED 299,000; 2019 AED 260,000; 2020 AED 242,500; 2021 AED 250,000; 2022 AED 390,000; 2023 AED 420,000; 2024 AED 514,500; 2025 AED 499,750New contract, December 2016: AED 340,000 a yearNew contract, November 2017: AED 300,000 a yearRenewal, October 2019: AED 240,000 a yearNew contract, September 2020: AED 230,000 a year

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

6-beds in Terra Nova, and where V058 sits

All 34 6-beds →

V058 last sold in July 2021 at AED 1,092 per sqft, 17% above what six-beds in Terra Nova were fetching at the time (AED 932). Over the last 12 months six-beds sold for AED 12,250,000, around AED 2,321 per sqft.

Recent 6-bed salesVilla no.Price (AED)Summary
12 Nov 202512,250,000
9 Jul 202513,000,000
19 Dec 202410,600,000
27 Sep 202410,925,000
1 6-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 →

V058, Terra Nova in numbers

  • Sold 4 times: first on 27 July 2008 for AED 2,206,888, last on 28 July 2021 for AED 5,600,000 (AED 1,092 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 340,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2021 price is 4.1%, before a service charge of about AED 15,800 a year (AED 3.08 per sqft).
  • Six-beds in Terra Nova sold for AED 12,250,000–12,250,000 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 28 July 2021.

Questions about V058, Terra Nova

What did villa V058 last sell for?

AED 5,600,000 on 28 July 2021: AED 1,092 per sqft for 5,127 sqft. The villa has 4 registered sales; the first was AED 2,206,888 in July 2008.

What is the rent for villa V058?

AED 230,000 a year on the contract signed on 30 September 2020. The previous contract, from October 2019, was AED 240,000; the villa has been rented since December 2016.

How big is villa V058?

5,127 sqft (476.3 sqm): a six-bedroom villa in Terra Nova.

What is villa V058 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Terra Nova sold for AED 12,250,000 to 12,250,000 in the last 12 months, around AED 2,321 per sqft.

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Mortgage on V058, Terra Nova

Starts from the last sale price (AED 5.6M, 28 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,600,000
Deposit, UAE resident (20%)
AED 1,120,000
Deposit, non-resident (40%)
AED 2,240,000
Monthly over 25 years at 3.7%
AED 22,911

Plus AED 240,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →