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

XR824B, 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 XR824B · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1M23 October 2016
Current rentAED 46K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR824B, Vardon

What is XR824B worth today?

Last sold for AED 1,000,000 in 2016

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1 Feb 2023RentedRenewal
AED 46,000/yr12 months · AED 28 per sqft
1 Feb 2022RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
1 Jun 2021RentedNew contract
AED 39,000/yr12 months · AED 23 per sqft
1 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 27 per sqft
23 Oct 2016Sold by developerOff-plan
AED 1,000,000AED 599 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

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

About XR824B, Vardon

XR824B 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 23 October 2016 for AED 1,000,000, or AED 599 per sqft, 5% below the AED 629 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 46,000 a year: a gross yield of 4.6% on the 2016 price.

Sales and rents for XR824B over time

Sales
Villa XR824B, 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)

XR824B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR824B, 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, September 2020: AED 45,000 a yearNew contract, June 2021: AED 39,000 a yearNew contract, February 2022: AED 40,000 a yearRenewal, February 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 XR824B sits

All 673 3-beds →

XR824B last sold in October 2016 at AED 599 per sqft, 5% below what three-beds in Vardon were fetching at the time (AED 629). 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. XR824B'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 →

XR824B, Vardon in numbers

  • Sold once: by DAMAC on 23 October 2016 for AED 1,000,000, or AED 599 per sqft.
  • Rented since September 2020 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 39,000 in 2021 and recovered to AED 46,000 by February 2023.
  • At AED 46,000 a year the gross yield on the 2016 price is 4.6%.
  • 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 February 2023.

Questions about XR824B, Vardon

What did villa XR824B last sell for?

AED 1,000,000 on 23 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 XR824B?

AED 46,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 40,000; the villa has been rented since September 2020.

How big is villa XR824B?

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

What is villa XR824B 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 XR824B, Vardon

Starts from the last sale price (AED 1M, 23 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →