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5-bed · 4,847 sqftTerra Nova, Arabian Ranches

V115, Terra Nova

Sold prices and rental history: sold twice, last in July 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V115 · DLD and Ejari recordsUpdated 8 July 2020
Last soldAED 4.2M8 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V115, Terra Nova

What is V115 worth today?

Last sold for AED 4,200,000 in 2020

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8 Jul 2020SoldReady
AED 4,200,000AED 866 per sqft
6 May 2008Sold by developerReady
AED 1,851,888AED 382 per sqft

Source: Dubai Land Department. Updated 8 July 2020.

Key facts

Type
5-bed villa
Size
4,847 sqft
Service charge
AED 14,900 /yr
Last sold
AED 4.2M · July 2020
Community
Terra Nova

About V115, Terra Nova

V115 is a five-bedroom villa of 4,847 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 8 July 2020 for AED 4,200,000, or AED 866 per sqft, in line with the AED 852 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V115 over time

Sales
Villa V115, each saleTypical five-bed in Terra Nova
5M10M2007201220172022Typical sale price by year: 2007 AED 1,911,888; 2008 AED 2,053,888; 2009 AED 3,425,444; 2010 AED 1,920,888; 2011 AED 1,862,888; 2012 AED 4,335,000; 2013 AED 5,500,000; 2015 AED 5,000,000; 2017 AED 5,336,690; 2018 AED 4,800,000; 2019 AED 3,670,000; 2020 AED 3,662,500; 2021 AED 4,590,000; 2022 AED 6,700,000; 2023 AED 6,875,000; 2025 AED 11,250,000Sold by developer, May 2008: AED 1,851,888 (AED 382 per sqft)Sold, July 2020: AED 4,200,000 (AED 866 per sqft)

V115 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V115, each contractTypical five-bed in Terra Nova
200K400K2012201620202024Typical rent by year: 2012 AED 282,500; 2013 AED 287,500; 2014 AED 315,000; 2015 AED 313,500; 2016 AED 304,000; 2017 AED 295,000; 2018 AED 277,500; 2019 AED 235,000; 2020 AED 215,000; 2021 AED 225,375; 2022 AED 280,000; 2023 AED 400,000; 2024 AED 435,000; 2025 AED 450,000; 2026 AED 450,000

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

5-beds in Terra Nova, and where V115 sits

All 61 5-beds →

V115 last sold in July 2020 at AED 866 per sqft, in line with what five-beds in Terra Nova were fetching at the time (AED 852). Over the last 12 months five-beds sold for AED 12,750,000, around AED 2,770 per sqft, and rent for AED 375,000 to 630,000 a year.

Recent 5-bed salesVilla no.Price (AED)Summary
6 Jan 202612,750,000
28 Aug 202512,850,000
1 Aug 202510,600,000
11 Jun 202510,550,000
1 5-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 →

V115, Terra Nova in numbers

  • Sold twice: first on 6 May 2008 for AED 1,851,888, last on 8 July 2020 for AED 4,200,000 (AED 866 per sqft).
  • Five-beds in Terra Nova sold for AED 12,750,000–12,750,000 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 8 July 2020.

Questions about V115, Terra Nova

What did villa V115 last sell for?

AED 4,200,000 on 8 July 2020: AED 866 per sqft for 4,847 sqft. The villa has 2 registered sales; the first was AED 1,851,888 in May 2008.

How big is villa V115?

4,847 sqft (450.3 sqm): a five-bedroom villa in Terra Nova.

What is villa V115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Terra Nova sold for AED 12,750,000 to 12,750,000 in the last 12 months, around AED 2,770 per sqft.

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Mortgage on V115, Terra Nova

Starts from the last sale price (AED 4.2M, 8 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →