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

V118, Terra Nova

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V118 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.61M14 September 2015
Current rentAED 270K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V118, Terra Nova

What is V118 worth today?

Last sold for AED 1,612,888 in 2015

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1 Jul 2025RentedRenewal
AED 270,000/yr12 months · AED 78 per sqft
1 Jul 2024RentedNew contract
AED 247,500/yr12 months · AED 71 per sqft
1 Jul 2022RentedRenewal
AED 200,000/yr12 months · AED 58 per sqft
20 Dec 2020RentedNew contract
AED 173,550/yr6 months · AED 50 per sqft
20 Dec 2018RentedNew contract
AED 190,000/yr12 months · AED 55 per sqft
1 Sep 2017RentedNew contract
AED 210,000/yr12 months · AED 61 per sqft
22 Jun 2017RentedNew contract
AED 215,000/yr12 months · AED 62 per sqft
1 Feb 2016RentedNew contract
AED 240,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
4-bed villa
Size
3,470 sqft
Service charge
AED 10,700 /yr
Last sold
AED 1.61M · September 2015
Community
Terra Nova

About V118, Terra Nova

V118 is a four-bedroom villa of 3,470 sqft in Terra Nova, a villa community in Arabian Ranches. The developer sold it on 14 September 2015 for AED 1,612,888, or AED 464 per sqft, 64% below the AED 1,298 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 270,000 a year: a gross yield of 16.7% on the 2015 price, before the service charge of about AED 10,700 a year.

Sales and rents for V118 over time

Sales
Villa V118, 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, September 2015: AED 1,612,888 (AED 464 per sqft)

V118 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V118, 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, February 2016: AED 240,000 a yearNew contract, June 2017: AED 215,000 a yearNew contract, September 2017: AED 210,000 a yearNew contract, December 2018: AED 190,000 a yearNew contract, December 2020: AED 173,550 a yearRenewal, July 2022: AED 200,000 a yearNew contract, July 2024: AED 247,500 a yearRenewal, July 2025: 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 V118 sits

All 20 4-beds →

V118 last sold in September 2015 at AED 464 per sqft, 64% below what four-beds in Terra Nova were fetching at the time (AED 1,298). 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 →

V118, Terra Nova in numbers

  • Sold once: by the developer on 14 September 2015 for AED 1,612,888, or AED 464 per sqft.
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 240,000 to AED 173,550 in 2020 and recovered to AED 270,000 by July 2025.
  • At AED 270,000 a year the gross yield on the 2015 price is 16.7%, 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 1 July 2025.

Questions about V118, Terra Nova

What did villa V118 last sell for?

AED 1,612,888 on 14 September 2015, sold by the developer: AED 464 per sqft for 3,470 sqft. It is the only registered sale of the villa.

What is the rent for villa V118?

AED 270,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 247,500; the villa has been rented since February 2016.

How big is villa V118?

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

What is villa V118 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 V118, Terra Nova

Starts from the last sale price (AED 1.61M, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,612,888
Deposit, UAE resident (20%)
AED 322,578
Deposit, non-resident (40%)
AED 645,155
Monthly over 25 years at 3.7%
AED 6,599

Plus AED 72,752 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →