V116, Terra Nova
Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V116, Terra Nova
What is V116 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- 5-bed villa
- Size
- 4,361 sqft
- Service charge
- AED 13,400 /yr
- Last sold
- AED 3.88M · May 2012
- Community
- Terra Nova
About V116, Terra Nova
V116 is a five-bedroom villa of 4,361 sqft in Terra Nova, a villa community in Arabian Ranches. It last sold on 2 May 2012 for AED 3,875,000, or AED 888 per sqft, 108% above the AED 427 five-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 19 August 2024, is AED 334,750 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 13,400 a year.
Sales and rents for V116 over time
V116 has sold twice; the dashed line is the five-bed median of each year in the community.
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 V116 sits
All 61 5-beds →V116 last sold in May 2012 at AED 888 per sqft, 108% above what five-beds in Terra Nova were fetching at the time (AED 427). 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. V116's AED 334,750 is at the bottom of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 4,601 sqft | 12,750,000 | 2,770 | ||
| 28 Aug 202528 August 2025 | 4,799 sqft | 12,850,000 | 2,677 | ||
| 1 Aug 20251 August 2025 | 4,847 sqft | 10,600,000 | 2,186 | ||
| 11 Jun 202511 June 2025 | 4,361 sqft | 10,550,000 | 2,419 |
Terra Nova
Community119 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%
V116, Terra Nova in numbers
- Sold twice: first on 17 August 2008 for AED 1,852,888, last on 2 May 2012 for AED 3,875,000 (AED 888 per sqft).
- Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 280,000 to AED 200,000 in 2021 and recovered to AED 334,750 by August 2024.
- At AED 334,750 a year the gross yield on the 2012 price is 8.6%, before a service charge of about AED 13,400 a year (AED 3.08 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 19 August 2024.
Questions about V116, Terra Nova
What did villa V116 last sell for?
AED 3,875,000 on 2 May 2012: AED 888 per sqft for 4,361 sqft. The villa has 2 registered sales; the first was AED 1,852,888 in August 2008.
What is the rent for villa V116?
AED 334,750 a year on the contract signed on 19 August 2024. The previous contract, from August 2023, was AED 325,000; the villa has been rented since August 2013.
How big is villa V116?
4,361 sqft (405.2 sqm): a five-bedroom villa in Terra Nova.
What is villa V116 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 V116, Terra Nova
Starts from the last sale price (AED 3.88M, 2 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 3,875,000
- Deposit, UAE resident (20%)
- AED 775,000
- Deposit, non-resident (40%)
- AED 1,550,000
- Monthly over 25 years at 3.7%
- AED 15,854
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →