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

XR823B, Vardon

Sold prices and rental history: sold twice, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR823B · DLD and Ejari recordsUpdated 18 September 2024
Last soldAED 1.1M18 September 2024
Current rentAED 65K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XR823B, Vardon

What is XR823B worth today?

Last sold for AED 1,100,000 in 2024

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18 Sep 2024SoldReady
AED 1,100,000AED 659 per sqft
1 Sep 2023RentedNew contract
AED 65,000/yr12 months · AED 39 per sqft
20 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
5 Feb 2021RentedNew contract
AED 38,000/yr12 months · AED 23 per sqft
24 Oct 2016Sold by developerOff-plan
AED 1,000,000AED 599 per sqft

Source: Dubai Land Department. Updated 18 September 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.1M · September 2024
Community
Vardon

About XR823B, Vardon

XR823B 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 18 September 2024 for AED 1,100,000, or AED 659 per sqft, in line with the AED 648 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 September 2023, is AED 65,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for XR823B over time

Sales
Villa XR823B, 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 1,000,000 (AED 599 per sqft)Sold, September 2024: AED 1,100,000 (AED 659 per sqft)

XR823B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR823B, 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, February 2021: AED 38,000 a yearNew contract, March 2022: AED 40,000 a yearNew contract, September 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 XR823B sits

All 673 3-beds →

XR823B last sold in September 2024 at AED 659 per sqft, in line with what three-beds in Vardon were fetching at the time (AED 648). 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. XR823B'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 →

XR823B, Vardon in numbers

  • Sold twice: first on 24 October 2016 for AED 1,000,000, last on 18 September 2024 for AED 1,100,000 (AED 659 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 38,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 18 September 2024.

Questions about XR823B, Vardon

What did villa XR823B last sell for?

AED 1,100,000 on 18 September 2024: AED 659 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 1,000,000 in October 2016.

What is the rent for villa XR823B?

AED 65,000 a year on the contract signed on 1 September 2023. The previous contract, from March 2022, was AED 40,000; the villa has been rented since February 2021.

How big is villa XR823B?

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

What is villa XR823B 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 XR823B, Vardon

Starts from the last sale price (AED 1.1M, 18 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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