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

XR1111B, Vardon

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR1111B · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 750K18 July 2022
Current rentAED 75K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR1111B, Vardon

What is XR1111B worth today?

Last sold for AED 750,000 in 2022

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20 May 2024RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
5 May 2023RentedNew contract
AED 55,000/yr12 months · AED 33 per sqft
18 Jul 2022SoldReady
AED 750,000AED 449 per sqft
10 Apr 2022RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
7 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 27 per sqft
1 Nov 2016Sold by developerOff-plan
AED 1,050,000AED 629 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 750K · July 2022
Community
Vardon

About XR1111B, Vardon

XR1111B 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 18 July 2022 for AED 750,000, or AED 449 per sqft, 16% below the AED 535 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 20 May 2024, is AED 75,000 a year: a gross yield of 10.0% on the 2022 price.

Sales and rents for XR1111B over time

Sales
Villa XR1111B, 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, November 2016: AED 1,050,000 (AED 629 per sqft)Sold, July 2022: AED 750,000 (AED 449 per sqft)

XR1111B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1111B, 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, February 2021: AED 45,000 a yearNew contract, April 2022: AED 40,000 a yearNew contract, May 2023: AED 55,000 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 XR1111B sits

All 673 3-beds →

XR1111B last sold in July 2022 at AED 449 per sqft, 16% below what three-beds in Vardon were fetching at the time (AED 535). 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. XR1111B'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 →

XR1111B, Vardon in numbers

  • Sold twice: first on 1 November 2016 for AED 1,050,000, last on 18 July 2022 for AED 750,000 (AED 449 per sqft).
  • Rented since February 2021 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2022 and recovered to AED 75,000 by May 2024.
  • At AED 75,000 a year the gross yield on the 2022 price is 10.0%.
  • 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 20 May 2024.

Questions about XR1111B, Vardon

What did villa XR1111B last sell for?

AED 750,000 on 18 July 2022: AED 449 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 1,050,000 in November 2016.

What is the rent for villa XR1111B?

AED 75,000 a year on the contract signed on 20 May 2024. The previous contract, from May 2023, was AED 55,000; the villa has been rented since February 2021.

How big is villa XR1111B?

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

What is villa XR1111B 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 XR1111B, Vardon

Starts from the last sale price (AED 750K, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →