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

XR1161B, Vardon

Sold prices and rental history: sold 3 times, last in August 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR1161B · DLD and Ejari recordsUpdated 4 February 2024
Last soldAED 725K9 August 2021
Current rentAED 55K /yr4 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR1161B, Vardon

What is XR1161B worth today?

Last sold for AED 725,000 in 2021

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4 Feb 2024RentedRenewal
AED 55,200/yr12 months · AED 33 per sqft
5 Jan 2023RentedNew contract
AED 50,000/yr12 months · AED 30 per sqft
1 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 27 per sqft
9 Aug 2021SoldReady
AED 725,000AED 434 per sqft
17 Sep 2020SoldReady
AED 700,000AED 419 per sqft
1 Nov 2016Sold by developerOff-plan
AED 1,050,000AED 629 per sqft

Source: Dubai Land Department. Updated 4 February 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 725K · August 2021
Community
Vardon

About XR1161B, Vardon

XR1161B 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 9 August 2021 for AED 725,000, or AED 434 per sqft, 6% below the AED 460 three-beds in the community were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 February 2024, is AED 55,200 a year: a gross yield of 7.6% on the 2021 price.

Sales and rents for XR1161B over time

Sales
Villa XR1161B, 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, September 2020: AED 700,000 (AED 419 per sqft)Sold, August 2021: AED 725,000 (AED 434 per sqft)

XR1161B has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1161B, 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 85,000New contract, October 2021: AED 45,000 a yearNew contract, January 2023: AED 50,000 a yearRenewal, February 2024: AED 55,200 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 XR1161B sits

All 673 3-beds →

XR1161B last sold in August 2021 at AED 434 per sqft, 6% below what three-beds in Vardon were fetching at the time (AED 460). 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. XR1161B's AED 55,200 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 →

XR1161B, Vardon in numbers

  • Sold 3 times: first on 1 November 2016 for AED 1,050,000, last on 9 August 2021 for AED 725,000 (AED 434 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 45,000 to AED 55,200 a year.
  • At AED 55,200 a year the gross yield on the 2021 price is 7.6%.
  • 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 4 February 2024.

Questions about XR1161B, Vardon

What did villa XR1161B last sell for?

AED 725,000 on 9 August 2021: AED 434 per sqft for 1,669 sqft. The villa has 3 registered sales; the first was AED 1,050,000 in November 2016.

What is the rent for villa XR1161B?

AED 55,200 a year on the contract renewed on 4 February 2024. The previous contract, from January 2023, was AED 50,000; the villa has been rented since October 2021.

How big is villa XR1161B?

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

What is villa XR1161B 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 XR1161B, Vardon

Starts from the last sale price (AED 725K, 9 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

Plus AED 35,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →