4-bed · 3,470 sqftTerra Nova, Arabian Ranches

V113, Terra Nova

Sold prices and rental history: sold twice, last in June 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V113 · DLD and Ejari recordsUpdated 15 June 2017
Last soldAED 4.15M15 June 2017
Current rentAED 270K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V113, Terra Nova

What is V113 worth today?

Last sold for AED 4,150,000 in 2017

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15 Jun 2017SoldReady
AED 4,150,000AED 1,195 per sqft
1 Aug 2016RentedRenewal
AED 270,000/yr12 months · AED 78 per sqft
1 Aug 2015RentedNew contract
AED 270,000/yr12 months · AED 78 per sqft
29 Jun 2009Sold by developerReady
AED 4,225,000AED 1,217 per sqft

Source: Dubai Land Department. Updated 15 June 2017.

Key facts

Type
4-bed villa
Size
3,470 sqft
Service charge
AED 10,700 /yr
Last sold
AED 4.15M · June 2017
Community
Terra Nova

About V113, Terra Nova

V113 is a four-bedroom villa of 3,470 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 15 June 2017 for AED 4,150,000, or AED 1,195 per sqft, in line with the AED 1,195 four-beds in the community were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 1 August 2016, is AED 270,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 10,700 a year.

Sales and rents for V113 over time

Sales
Villa V113, 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, June 2009: AED 4,225,000 (AED 1,217 per sqft)Sold, June 2017: AED 4,150,000 (AED 1,195 per sqft)

V113 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V113, 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, August 2015: AED 270,000 a yearRenewal, August 2016: 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 V113 sits

All 20 4-beds →

V113 last sold in June 2017 at AED 1,195 per sqft, in line with what four-beds in Terra Nova were fetching at the time (AED 1,195). 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 →

V113, Terra Nova in numbers

  • Sold twice: first on 29 June 2009 for AED 4,225,000, last on 15 June 2017 for AED 4,150,000 (AED 1,195 per sqft).
  • Rented since August 2015 on 2 Ejari contracts, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 10,700 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 15 June 2017.

Questions about V113, Terra Nova

What did villa V113 last sell for?

AED 4,150,000 on 15 June 2017: AED 1,195 per sqft for 3,470 sqft. The villa has 2 registered sales; the first was AED 4,225,000 in June 2009.

What is the rent for villa V113?

AED 270,000 a year on the contract renewed on 1 August 2016. The previous contract, from August 2015, was AED 270,000.

How big is villa V113?

3,470 sqft (322.4 sqm): a four-bedroom villa in Terra Nova.

What is villa V113 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 V113, Terra Nova

Starts from the last sale price (AED 4.15M, 15 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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