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

XR1163B, Vardon

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR1163B · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1000K26 October 2016
Current rentAED 80K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR1163B, Vardon

What is XR1163B worth today?

Last sold for AED 999,999 in 2016

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15 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
11 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
28 Aug 2022RentedRenewal
AED 48,000/yr12 months · AED 29 per sqft
28 Aug 2020RentedNew contract
AED 44,000/yr12 months · AED 26 per sqft
26 Oct 2016Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1000K · October 2016
Community
Vardon

About XR1163B, Vardon

XR1163B is a three-bedroom villa of 1,669 sqft in Vardon, a villa community in Damac Hills 2 completed in 2022 by DAMAC. The developer sold it on 26 October 2016 for AED 999,999, or AED 599 per sqft, in line with the AED 599 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 September 2024, is AED 80,000 a year: a gross yield of 8.0% on the 2016 price.

Sales and rents for XR1163B over time

Sales
Villa XR1163B, 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)

XR1163B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1163B, 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, August 2020: AED 44,000 a yearRenewal, August 2022: AED 48,000 a yearNew contract, September 2023: AED 75,000 a yearNew contract, September 2024: AED 80,000 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 XR1163B sits

All 673 3-beds →

XR1163B last sold in October 2016 at AED 599 per sqft, in line with what three-beds in Vardon were fetching at the time (AED 599). 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. XR1163B's AED 80,000 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 →

XR1163B, Vardon in numbers

  • Sold once: by DAMAC on 26 October 2016 for AED 999,999, or AED 599 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 44,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 8.0%.
  • 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 15 September 2024.

Questions about XR1163B, Vardon

What did villa XR1163B last sell for?

AED 999,999 on 26 October 2016, sold by the developer: AED 599 per sqft for 1,669 sqft. It is the only registered sale of the villa.

What is the rent for villa XR1163B?

AED 80,000 a year on the contract signed on 15 September 2024. The previous contract, from September 2023, was AED 75,000; the villa has been rented since August 2020.

How big is villa XR1163B?

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

What is villa XR1163B 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 XR1163B, Vardon

Starts from the last sale price (AED 1000K, 26 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 999,999
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →