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4-bed · 3,852 sqftTerra Nova, Arabian Ranches

V070, Terra Nova

Sold prices and rental history: sold 5 times, last in June 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V070 · DLD and Ejari recordsUpdated 9 June 2023
Last soldAED 7.5M9 June 2023
Current rentAED 200K /yr26 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V070, Terra Nova

What is V070 worth today?

Last sold for AED 7,500,000 in 2023

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9 Jun 2023SoldReady
AED 7,500,000AED 1,947 per sqft
12 Oct 2022SoldReady
AED 4,950,000AED 1,285 per sqft
26 Apr 2021RentedRenewal
AED 200,000/yr12 months · AED 52 per sqft
26 Apr 2020RentedNew contract
AED 200,000/yr12 months · AED 52 per sqft
20 Apr 2019RentedRenewal
AED 216,000/yr12 months · AED 56 per sqft
20 Apr 2018RentedNew contract
AED 220,000/yr12 months · AED 57 per sqft
29 Mar 2017RentedRenewal
AED 240,000/yr12 months · AED 62 per sqft
29 Mar 2016RentedNew contract
AED 265,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 9 June 2023.

Key facts

Type
4-bed villa
Size
3,852 sqft
Service charge
AED 11,900 /yr
Last sold
AED 7.5M · June 2023
Community
Terra Nova

About V070, Terra Nova

V070 is a four-bedroom villa of 3,852 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 9 June 2023 for AED 7,500,000, or AED 1,947 per sqft, 29% above the AED 1,512 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 26 April 2021, is AED 200,000 a year: a gross yield of 2.7% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for V070 over time

Sales
Villa V070, 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, October 2008: AED 3,750,000 (AED 973 per sqft)Sold, October 2009: AED 3,500,000 (AED 908 per sqft)Sold, March 2012: AED 3,530,000 (AED 916 per sqft)Sold, October 2022: AED 4,950,000 (AED 1,285 per sqft)Sold, June 2023: AED 7,500,000 (AED 1,947 per sqft)

V070 has sold 5 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V070, 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, March 2016: AED 265,000 a yearRenewal, March 2017: AED 240,000 a yearNew contract, April 2018: AED 220,000 a yearRenewal, April 2019: AED 216,000 a yearNew contract, April 2020: AED 200,000 a yearRenewal, April 2021: AED 200,000 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 V070 sits

All 20 4-beds →

V070 last sold in June 2023 at AED 1,947 per sqft, 29% above what four-beds in Terra Nova were fetching at the time (AED 1,512). 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 →

V070, Terra Nova in numbers

  • Sold 5 times: first on 26 October 2008 for AED 3,750,000, last on 9 June 2023 for AED 7,500,000 (AED 1,947 per sqft).
  • Rented since March 2016 on 6 Ejari contracts, from AED 265,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2023 price is 2.7%, before a service charge of about AED 11,900 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 9 June 2023.

Questions about V070, Terra Nova

What did villa V070 last sell for?

AED 7,500,000 on 9 June 2023: AED 1,947 per sqft for 3,852 sqft. The villa has 5 registered sales; the first was AED 3,750,000 in October 2008.

What is the rent for villa V070?

AED 200,000 a year on the contract renewed on 26 April 2021. The previous contract, from April 2020, was AED 200,000; the villa has been rented since March 2016.

How big is villa V070?

3,852 sqft (357.9 sqm): a four-bedroom villa in Terra Nova.

What is villa V070 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 V070, Terra Nova

Starts from the last sale price (AED 7.5M, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

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