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

XR783B, Vardon

Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR783B · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 894K16 May 2021
Current rentAED 46K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XR783B, Vardon

What is XR783B worth today?

Last sold for AED 894,000 in 2021

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1 Oct 2023RentedNew contract
AED 46,000/yr12 months · AED 28 per sqft
1 Oct 2022RentedRenewal
AED 41,000/yr12 months · AED 25 per sqft
1 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 23 per sqft
16 May 2021Sold by developerReady
AED 894,000AED 535 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 894K · May 2021
Community
Vardon

About XR783B, Vardon

XR783B 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 16 May 2021 for AED 894,000, or AED 535 per sqft, 23% above the AED 435 three-beds in the community were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 October 2023, is AED 46,000 a year: a gross yield of 5.1% on the 2021 price.

Sales and rents for XR783B over time

Sales
Villa XR783B, 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, May 2021: AED 894,000 (AED 535 per sqft)

XR783B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR783B, 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, October 2021: AED 38,000 a yearRenewal, October 2022: AED 41,000 a yearNew contract, October 2023: AED 46,000 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 XR783B sits

All 673 3-beds →

XR783B last sold in May 2021 at AED 535 per sqft, 23% above what three-beds in Vardon were fetching at the time (AED 435). 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. XR783B's AED 46,000 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 →

XR783B, Vardon in numbers

  • Sold once: by DAMAC on 16 May 2021 for AED 894,000, or AED 535 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 38,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2021 price is 5.1%.
  • 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 1 October 2023.

Questions about XR783B, Vardon

What did villa XR783B last sell for?

AED 894,000 on 16 May 2021, sold by the developer: AED 535 per sqft for 1,669 sqft. It is the only registered sale of the villa.

What is the rent for villa XR783B?

AED 46,000 a year on the contract signed on 1 October 2023. The previous contract, from October 2022, was AED 41,000; the villa has been rented since October 2021.

How big is villa XR783B?

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

What is villa XR783B 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 XR783B, Vardon

Starts from the last sale price (AED 894K, 16 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 894,000
Deposit, UAE resident (20%)
AED 178,800
Deposit, non-resident (40%)
AED 357,600
Monthly over 25 years at 3.7%
AED 3,658

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