3-bed · 1,669 sqftVardon, Damac Hills 2 · completed 2022

XR1015B, Vardon

Sold prices and rental history: sold twice, last in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR1015B · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 1.05M14 June 2024
Current rentAED 40K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XR1015B, Vardon

What is XR1015B worth today?

Last sold for AED 1,050,000 in 2024

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14 Jun 2024SoldReady
AED 1,050,000AED 629 per sqft
1 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 24 per sqft
1 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
1 Oct 2020RentedNew contract
AED 41,000/yr12 months · AED 25 per sqft
19 Oct 2016Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.05M · June 2024
Community
Vardon

About XR1015B, Vardon

XR1015B is a three-bedroom villa of 1,669 sqft in Vardon, a villa community in Damac Hills 2 completed in 2022 by DAMAC. It last sold on 14 June 2024 for AED 1,050,000, or AED 629 per sqft, in line with the AED 629 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 40,000 a year: a gross yield of 3.8% on the 2024 price.

Sales and rents for XR1015B over time

Sales
Villa XR1015B, each saleTypical three-bed in Vardon
1M2016201920222025Typical sale price by year: 2016 AED 1,000,000; 2017 AED 1,000,000; 2018 AED 1,000,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 849,300; 2022 AED 820,000; 2023 AED 925,000; 2024 AED 1,121,500; 2025 AED 1,275,000; 2026 AED 1,325,000Sold by developer, October 2016: AED 999,999 (AED 599 per sqft)Sold, June 2024: AED 1,050,000 (AED 629 per sqft)

XR1015B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1015B, each contractTypical three-bed in Vardon
50K75K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 42,000; 2022 AED 45,000; 2023 AED 53,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 85,000New contract, October 2020: AED 41,000 a yearNew contract, November 2021: AED 40,000 a yearRenewal, November 2022: AED 40,000 a year

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

3-beds in Vardon, and where XR1015B sits

All 673 3-beds →

XR1015B last sold in June 2024 at AED 629 per sqft, in line with what three-beds in Vardon were fetching at the time (AED 629). Over the last 12 months three-beds sold for AED 1,130,000 to 1,760,000, around AED 779 per sqft, and rent for AED 64,000 to 121,846 a year. XR1015B's AED 40,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
13 Feb 20261,300,000
9 Feb 20261,760,000
5 Feb 20261,350,000
26 Jan 20261,425,000
17 3-bed sales in the last 12 months

Vardon

Community

692 villas, 3-bed to 6-bed in Damac Hills 2, completed in 2022 by DAMAC. 17 sold in the last 12 months.

Typical price per sqft
AED 779 Up 3.2%
Typical sale
AED 1.3M
Typical rent
AED 84K /yr
Typical yield
6.4%
Vardon, Damac Hills 2: prices, sales and rents →

XR1015B, Vardon in numbers

  • Sold twice: first on 19 October 2016 for AED 999,999, last on 14 June 2024 for AED 1,050,000 (AED 629 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 41,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 3.8%.
  • Three-beds in Vardon sold for AED 1,130,000–1,760,000 in the 12 months to November 2026; the community's median across all types is AED 779 per sqft.

Source: Dubai Land Department. Updated 14 June 2024.

Questions about XR1015B, Vardon

What did villa XR1015B last sell for?

AED 1,050,000 on 14 June 2024: AED 629 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 999,999 in October 2016.

What is the rent for villa XR1015B?

AED 40,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 40,000; the villa has been rented since October 2020.

How big is villa XR1015B?

1,669 sqft (155.1 sqm): a three-bedroom villa in Vardon, completed in 2022.

What is villa XR1015B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vardon sold for AED 1,130,000 to 1,760,000 in the last 12 months, around AED 779 per sqft.

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Mortgage on XR1015B, Vardon

Starts from the last sale price (AED 1.05M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →