6-bed · 5,119 sqftTerra Nova, Arabian Ranches

V106, Terra Nova

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V106 · DLD and Ejari recordsUpdated 7 September 2022
Last soldAED 7M7 September 2022
Current rentAED 250K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V106, Terra Nova

What is V106 worth today?

Last sold for AED 7,000,000 in 2022

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7 Sep 2022SoldReady
AED 7,000,000AED 1,367 per sqft
1 Oct 2021RentedRenewal
AED 250,000/yr12 months · AED 49 per sqft
15 Jul 2019RentedNew contract
AED 260,000/yr12 months · AED 51 per sqft
23 Jun 2018RentedRenewal
AED 320,000/yr12 months · AED 63 per sqft
23 Jun 2017RentedRenewal
AED 335,000/yr12 months · AED 65 per sqft
23 Jun 2016RentedNew contract
AED 350,000/yr12 months · AED 68 per sqft
15 Nov 2015RentedRenewal
AED 340,000/yr12 months · AED 66 per sqft
15 Nov 2014RentedNew contract
AED 340,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 7 September 2022.

Key facts

Type
6-bed villa
Size
5,119 sqft
Service charge
AED 15,800 /yr
Last sold
AED 7M · September 2022
Community
Terra Nova

About V106, Terra Nova

V106 is a six-bedroom villa of 5,119 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 7 September 2022 for AED 7,000,000, or AED 1,367 per sqft, 5% above the AED 1,308 six-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 250,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 15,800 a year.

Sales and rents for V106 over time

Sales
Villa V106, 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, December 2011: AED 5,250,000 (AED 1,025 per sqft)Sold by developer, December 2011: AED 3,053,888 (AED 596 per sqft)Sold, September 2022: AED 7,000,000 (AED 1,367 per sqft)

V106 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V106, 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, November 2012: AED 340,000 a yearNew contract, November 2013: AED 340,000 a yearNew contract, November 2014: AED 340,000 a yearRenewal, November 2015: AED 340,000 a yearNew contract, June 2016: AED 350,000 a yearRenewal, June 2017: AED 335,000 a yearRenewal, June 2018: AED 320,000 a yearNew contract, July 2019: AED 260,000 a yearRenewal, October 2021: AED 250,000 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 V106 sits

All 34 6-beds →

V106 last sold in September 2022 at AED 1,367 per sqft, 5% above what six-beds in Terra Nova were fetching at the time (AED 1,308). 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 →

V106, Terra Nova in numbers

  • Sold 3 times: first on 8 December 2011 for AED 3,053,888, last on 7 September 2022 for AED 7,000,000 (AED 1,367 per sqft).
  • Rented since November 2012 on 9 Ejari contracts, from AED 340,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2022 price is 3.6%, 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 7 September 2022.

Questions about V106, Terra Nova

What did villa V106 last sell for?

AED 7,000,000 on 7 September 2022: AED 1,367 per sqft for 5,119 sqft. The villa has 3 registered sales; the first was AED 3,053,888 in December 2011.

What is the rent for villa V106?

AED 250,000 a year on the contract renewed on 1 October 2021. The previous contract, from July 2019, was AED 260,000; the villa has been rented since November 2012.

How big is villa V106?

5,119 sqft (475.6 sqm): a six-bedroom villa in Terra Nova.

What is villa V106 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 V106, Terra Nova

Starts from the last sale price (AED 7M, 7 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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