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

XR856B, Vardon

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR856B · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 1000K16 January 2017
Current rentAED 70K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR856B, Vardon

What is XR856B worth today?

Last sold for AED 999,999 in 2017

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5 Jul 2024RentedRenewal
AED 70,000/yr12 months · AED 42 per sqft
5 Jul 2023RentedNew contract
AED 65,000/yr12 months · AED 39 per sqft
15 Aug 2022RentedRenewal
AED 42,000/yr12 months · AED 25 per sqft
1 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
16 Jan 2017Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1000K · January 2017
Community
Vardon

About XR856B, Vardon

XR856B 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 January 2017 for AED 999,999, or AED 599 per sqft, in line with the AED 599 three-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 70,000 a year: a gross yield of 7.0% on the 2017 price.

Sales and rents for XR856B over time

Sales
Villa XR856B, 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, January 2017: AED 999,999 (AED 599 per sqft)

XR856B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR856B, 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 2021: AED 40,000 a yearRenewal, August 2022: AED 42,000 a yearNew contract, July 2023: AED 65,000 a yearRenewal, July 2024: AED 70,000 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 XR856B sits

All 673 3-beds →

XR856B last sold in January 2017 at AED 599 per sqft, in line with what three-beds in Vardon were fetching at the time (AED 599). 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. XR856B's AED 70,000 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 →

XR856B, Vardon in numbers

  • Sold once: by DAMAC on 16 January 2017 for AED 999,999, or AED 599 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 40,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 7.0%.
  • 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 5 July 2024.

Questions about XR856B, Vardon

What did villa XR856B last sell for?

AED 999,999 on 16 January 2017, 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 XR856B?

AED 70,000 a year on the contract renewed on 5 July 2024. The previous contract, from July 2023, was AED 65,000; the villa has been rented since August 2021.

How big is villa XR856B?

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

What is villa XR856B 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 XR856B, Vardon

Starts from the last sale price (AED 1000K, 16 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 999,999
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 →