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

XR1247B, Vardon

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

Villa XR1247B · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 660K15 July 2020
Current rentAED 87K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR1247B, Vardon

What is XR1247B worth today?

Last sold for AED 660,000 in 2020

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10 Sep 2024RentedNew contract
AED 86,759/yr12 months · AED 52 per sqft
2 Nov 2023RentedNew contract
AED 72,798/yr12 months · AED 44 per sqft
20 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 24 per sqft
15 Aug 2021RentedRenewal
AED 40,000/yr12 months · AED 24 per sqft
15 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 25 per sqft
15 Jul 2020SoldReady
AED 660,000AED 395 per sqft
20 Oct 2016Sold by developerOff-plan
AED 1,050,000AED 629 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 660K · July 2020
Community
Vardon

About XR1247B, Vardon

XR1247B 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 July 2020 for AED 660,000, or AED 395 per sqft, 15% below the AED 467 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 September 2024, is AED 86,759 a year: a gross yield of 13.2% on the 2020 price.

Sales and rents for XR1247B over time

Sales
Villa XR1247B, 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 1,050,000 (AED 629 per sqft)Sold, July 2020: AED 660,000 (AED 395 per sqft)

XR1247B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR1247B, 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, August 2020: AED 42,000 a yearRenewal, August 2021: AED 40,000 a yearRenewal, August 2022: AED 40,000 a yearNew contract, November 2023: AED 72,798 a yearNew contract, September 2024: AED 86,759 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 XR1247B sits

All 673 3-beds →

XR1247B last sold in July 2020 at AED 395 per sqft, 15% below what three-beds in Vardon were fetching at the time (AED 467). 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. XR1247B's AED 86,759 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 →

XR1247B, Vardon in numbers

  • Sold twice: first on 20 October 2016 for AED 1,050,000, last on 15 July 2020 for AED 660,000 (AED 395 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 42,000 to AED 86,759 a year.
  • At AED 86,759 a year the gross yield on the 2020 price is 13.2%.
  • 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 10 September 2024.

Questions about XR1247B, Vardon

What did villa XR1247B last sell for?

AED 660,000 on 15 July 2020: AED 395 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 1,050,000 in October 2016.

What is the rent for villa XR1247B?

AED 86,759 a year on the contract signed on 10 September 2024. The previous contract, from November 2023, was AED 72,798; the villa has been rented since August 2020.

How big is villa XR1247B?

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

What is villa XR1247B 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 XR1247B, Vardon

Starts from the last sale price (AED 660K, 15 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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