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4-bed · 4,238 sqftTerra Nova, Arabian Ranches

V061, Terra Nova

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V061 · DLD and Ejari recordsUpdated 18 December 2022
Last soldAED 1.63M12 March 2013
Current rentAED 270K /yr18 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V061, Terra Nova

What is V061 worth today?

Last sold for AED 1,631,888 in 2013

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18 Dec 2022RentedRenewal
AED 270,000/yr12 months · AED 64 per sqft
18 Dec 2021RentedNew contract
AED 270,000/yr12 months · AED 64 per sqft
24 Aug 2021RentedRenewal
AED 220,000/yr12 months · AED 52 per sqft
24 Aug 2020RentedRenewal
AED 220,000/yr12 months · AED 52 per sqft
24 Aug 2018RentedNew contract
AED 220,000/yr12 months · AED 52 per sqft
1 May 2018RentedNew contract
AED 185,000/yr12 months · AED 44 per sqft
18 Mar 2016RentedNew contract
AED 265,000/yr12 months · AED 63 per sqft
10 Feb 2015RentedRenewal
AED 299,250/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 18 December 2022.

Key facts

Type
4-bed villa
Size
4,238 sqft
Service charge
AED 13,100 /yr
Last sold
AED 1.63M · March 2013
Community
Terra Nova

About V061, Terra Nova

V061 is a four-bedroom villa of 4,238 sqft in Terra Nova, a villa community in Arabian Ranches. The developer sold it on 12 March 2013 for AED 1,631,888, or AED 385 per sqft, 54% below the AED 834 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 18 December 2022, is AED 270,000 a year: a gross yield of 16.6% on the 2013 price, before the service charge of about AED 13,100 a year.

Sales and rents for V061 over time

Sales
Villa V061, each saleTypical four-bed in Terra Nova
5M10M2008201320182023Typical sale price by year: 2008 AED 1,652,888; 2009 AED 3,500,000; 2010 AED 1,597,888; 2012 AED 3,530,000; 2013 AED 4,550,000; 2015 AED 4,850,000; 2023 AED 6,400,000; 2025 AED 9,500,000Sold by developer, March 2013: AED 1,631,888 (AED 385 per sqft)

V061 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V061, each contractTypical four-bed in Terra Nova
200K300K2012201620202024Typical rent by year: 2012 AED 237,500; 2013 AED 235,000; 2014 AED 260,000; 2015 AED 267,500; 2016 AED 265,000; 2017 AED 219,391; 2018 AED 200,000; 2019 AED 205,000; 2020 AED 185,000; 2021 AED 197,500; 2022 AED 225,000; 2024 AED 253,332; 2025 AED 300,000New contract, May 2013: AED 260,000 a yearNew contract, February 2014: AED 285,000 a yearRenewal, February 2015: AED 299,250 a yearNew contract, March 2016: AED 265,000 a yearNew contract, May 2018: AED 185,000 a yearNew contract, August 2018: AED 220,000 a yearRenewal, August 2020: AED 220,000 a yearRenewal, August 2021: AED 220,000 a yearNew contract, December 2021: AED 270,000 a yearRenewal, December 2022: AED 270,000 a year

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

4-beds in Terra Nova, and where V061 sits

All 20 4-beds →

V061 last sold in March 2013 at AED 385 per sqft, 54% below what four-beds in Terra Nova were fetching at the time (AED 834). Over the last 12 months four-beds sold for AED 9,850,000, around AED 2,705 per sqft.

Recent 4-bed salesVilla no.Price (AED)Summary
24 Dec 20259,850,000
25 Feb 20257,180,000
24 Jan 20259,500,000
8 Nov 20247,650,000
1 4-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 →

V061, Terra Nova in numbers

  • Sold once: by the developer on 12 March 2013 for AED 1,631,888, or AED 385 per sqft.
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 260,000 to AED 185,000 in 2018 and recovered to AED 270,000 by December 2022.
  • At AED 270,000 a year the gross yield on the 2013 price is 16.6%, before a service charge of about AED 13,100 a year (AED 3.08 per sqft).
  • Four-beds in Terra Nova sold for AED 9,850,000–9,850,000 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 18 December 2022.

Questions about V061, Terra Nova

What did villa V061 last sell for?

AED 1,631,888 on 12 March 2013, sold by the developer: AED 385 per sqft for 4,238 sqft. It is the only registered sale of the villa.

What is the rent for villa V061?

AED 270,000 a year on the contract renewed on 18 December 2022. The previous contract, from December 2021, was AED 270,000; the villa has been rented since May 2013.

How big is villa V061?

4,238 sqft (393.7 sqm): a four-bedroom villa in Terra Nova.

What is villa V061 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Terra Nova sold for AED 9,850,000 to 9,850,000 in the last 12 months, around AED 2,705 per sqft.

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Mortgage on V061, Terra Nova

Starts from the last sale price (AED 1.63M, 12 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,631,888
Deposit, UAE resident (20%)
AED 326,378
Deposit, non-resident (40%)
AED 652,755
Monthly over 25 years at 3.7%
AED 6,677

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