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3-bed · 1,696 sqftVardon, Damac Hills 2 · completed 2022

XR1240B, Vardon

Sold prices and rental history: sold twice, last in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR1240B · DLD and Ejari recordsUpdated 3 January 2024
Last soldAED 1.07M3 January 2024
Current rentAED 65K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR1240B, Vardon

What is XR1240B worth today?

Last sold for AED 1,070,000 in 2024

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3 Jan 2024SoldReady
AED 1,070,000AED 630 per sqft
10 May 2023RentedNew contract
AED 65,000/yr12 months · AED 38 per sqft
25 Mar 2022RentedNew contract
AED 50,000/yr13 months · AED 29 per sqft
25 Dec 2020RentedNew contract
AED 48,000/yr13 months · AED 28 per sqft
20 Oct 2016Sold by developerOff-plan
AED 1,100,000AED 648 per sqft

Source: Dubai Land Department. Updated 3 January 2024.

Key facts

Type
3-bed villa
Size
1,696 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.07M · January 2024
Community
Vardon

About XR1240B, Vardon

XR1240B is a three-bedroom villa of 1,696 sqft in Vardon, a villa community in Damac Hills 2 completed in 2022 by DAMAC. It last sold on 3 January 2024 for AED 1,070,000, or AED 630 per sqft, 13% above the AED 557 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 10 May 2023, is AED 65,000 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for XR1240B over time

Sales
Villa XR1240B, 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 1,100,000 (AED 648 per sqft)Sold, January 2024: AED 1,070,000 (AED 630 per sqft)

XR1240B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1240B, 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, December 2020: AED 48,000 a yearNew contract, March 2022: AED 50,000 a yearNew contract, May 2023: AED 65,000 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 XR1240B sits

All 673 3-beds →

XR1240B last sold in January 2024 at AED 630 per sqft, 13% above what three-beds in Vardon were fetching at the time (AED 557). 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. XR1240B's AED 65,000 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 →

XR1240B, Vardon in numbers

  • Sold twice: first on 20 October 2016 for AED 1,100,000, last on 3 January 2024 for AED 1,070,000 (AED 630 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 48,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.1%.
  • 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 3 January 2024.

Questions about XR1240B, Vardon

What did villa XR1240B last sell for?

AED 1,070,000 on 3 January 2024: AED 630 per sqft for 1,696 sqft. The villa has 2 registered sales; the first was AED 1,100,000 in October 2016.

What is the rent for villa XR1240B?

AED 65,000 a year on the contract signed on 10 May 2023. The previous contract, from March 2022, was AED 50,000; the villa has been rented since December 2020.

How big is villa XR1240B?

1,696 sqft (157.6 sqm): a three-bedroom villa in Vardon, completed in 2022.

What is villa XR1240B 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 XR1240B, Vardon

Starts from the last sale price (AED 1.07M, 3 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →