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

XR1022B, Vardon

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR1022B · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 1.03M25 June 2024
Current rentAED 75K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XR1022B, Vardon

What is XR1022B worth today?

Last sold for AED 1,025,000 in 2024

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25 Jun 2024SoldReady
AED 1,025,000AED 614 per sqft
31 May 2024RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
25 Apr 2023RentedNew contract
AED 45,000/yr12 months · AED 27 per sqft
10 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
7 Sep 2021RentedNew contract
AED 38,574/yr11 months · AED 23 per sqft
28 Dec 2016Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.03M · June 2024
Community
Vardon

About XR1022B, Vardon

XR1022B 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 25 June 2024 for AED 1,025,000, or AED 614 per sqft, in line with the AED 629 three-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 31 May 2024, is AED 75,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for XR1022B over time

Sales
Villa XR1022B, 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, December 2016: AED 999,999 (AED 599 per sqft)Sold, June 2024: AED 1,025,000 (AED 614 per sqft)

XR1022B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1022B, 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, September 2021: AED 38,574 a yearNew contract, September 2022: AED 40,000 a yearNew contract, April 2023: AED 45,000 a yearNew contract, May 2024: AED 75,000 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 XR1022B sits

All 673 3-beds →

XR1022B last sold in June 2024 at AED 614 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. XR1022B's AED 75,000 is in the lower half 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 →

XR1022B, Vardon in numbers

  • Sold twice: first on 28 December 2016 for AED 999,999, last on 25 June 2024 for AED 1,025,000 (AED 614 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 38,574 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.3%.
  • 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 25 June 2024.

Questions about XR1022B, Vardon

What did villa XR1022B last sell for?

AED 1,025,000 on 25 June 2024: AED 614 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 999,999 in December 2016.

What is the rent for villa XR1022B?

AED 75,000 a year on the contract signed on 31 May 2024. The previous contract, from April 2023, was AED 45,000; the villa has been rented since September 2021.

How big is villa XR1022B?

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

What is villa XR1022B 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 XR1022B, Vardon

Starts from the last sale price (AED 1.03M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

Plus AED 48,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →