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

XR1038B, Vardon

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR1038B · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.21M15 September 2023
Current rentAED 71K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XR1038B, Vardon

What is XR1038B worth today?

Last sold for AED 1,210,000 in 2023

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1 Aug 2025RentedRenewal
AED 71,000/yr12 months · AED 43 per sqft
1 Aug 2024RentedNew contract
AED 85,000/yr12 months · AED 51 per sqft
15 Sep 2023SoldReady
AED 1,210,000AED 725 per sqft
21 Apr 2023RentedNew contract
AED 48,000/yr12 months · AED 29 per sqft
21 Apr 2023RentedRenewal
AED 48,000/yr12 months · AED 29 per sqft
21 Apr 2022RentedRenewal
AED 44,000/yr12 months · AED 26 per sqft
19 Oct 2016Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.21M · September 2023
Community
Vardon

About XR1038B, Vardon

XR1038B 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 15 September 2023 for AED 1,210,000, or AED 725 per sqft, 37% above the AED 529 three-beds in the community were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 71,000 a year: a gross yield of 5.9% on the 2023 price.

Sales and rents for XR1038B over time

Sales
Villa XR1038B, 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, September 2023: AED 1,210,000 (AED 725 per sqft)

XR1038B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1038B, each contractTypical three-bed in Vardon
40K60K80K2020202220242026Typical 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 85,000Renewal, April 2022: AED 44,000 a yearNew contract, April 2023: AED 48,000 a yearRenewal, April 2023: AED 48,000 a yearNew contract, August 2024: AED 85,000 a yearRenewal, August 2025: AED 71,000 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 XR1038B sits

All 673 3-beds →

XR1038B last sold in September 2023 at AED 725 per sqft, 37% above what three-beds in Vardon were fetching at the time (AED 529). 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. XR1038B's AED 71,000 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 →

XR1038B, Vardon in numbers

  • Sold twice: first on 19 October 2016 for AED 999,999, last on 15 September 2023 for AED 1,210,000 (AED 725 per sqft).
  • Rented since April 2022 on 5 Ejari contracts, from AED 44,000 to AED 71,000 a year.
  • At AED 71,000 a year the gross yield on the 2023 price is 5.9%.
  • 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 1 August 2025.

Questions about XR1038B, Vardon

What did villa XR1038B last sell for?

AED 1,210,000 on 15 September 2023: AED 725 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 XR1038B?

AED 71,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 85,000; the villa has been rented since April 2022.

How big is villa XR1038B?

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

What is villa XR1038B 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 XR1038B, Vardon

Starts from the last sale price (AED 1.21M, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,000
Deposit, UAE resident (20%)
AED 242,000
Deposit, non-resident (40%)
AED 484,000
Monthly over 25 years at 3.7%
AED 4,950

Plus AED 55,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →