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3-bed · 1,696 sqftVardon, Damac Hills 2 · completed 2022

XR863B, Vardon

Sold prices and rental history: sold twice, last in March 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XR863B · DLD and Ejari recordsUpdated 23 March 2023
Last soldAED 1.05M23 March 2023
Current rentAED 42K /yr20 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XR863B, Vardon

What is XR863B worth today?

Last sold for AED 1,050,000 in 2023

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23 Mar 2023SoldReady
AED 1,050,000AED 618 per sqft
20 Jun 2022RentedNew contract
AED 42,000/yr12 months · AED 25 per sqft
20 Sep 2021RentedRenewal
AED 41,000/yr12 months · AED 24 per sqft
20 Sep 2020RentedNew contract
AED 41,000/yr12 months · AED 24 per sqft
23 Oct 2016Sold by developerOff-plan
AED 1,100,000AED 648 per sqft

Source: Dubai Land Department. Updated 23 March 2023.

Key facts

Type
3-bed villa
Size
1,696 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.05M · March 2023
Community
Vardon

About XR863B, Vardon

XR863B is a three-bedroom villa of 1,696 sqft in Vardon, a villa community in Damac Hills 2 completed in 2022 by DAMAC. It last sold on 23 March 2023 for AED 1,050,000, or AED 618 per sqft, 26% above the AED 491 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 June 2022, is AED 42,000 a year: a gross yield of 4.0% on the 2023 price.

Sales and rents for XR863B over time

Sales
Villa XR863B, 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 1,100,000 (AED 648 per sqft)Sold, March 2023: AED 1,050,000 (AED 618 per sqft)

XR863B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XR863B, each contractTypical three-bed in Vardon
40K60K80K2020202220242026Typical 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 41,000 a yearRenewal, September 2021: AED 41,000 a yearNew contract, June 2022: AED 42,000 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 XR863B sits

All 673 3-beds →

XR863B last sold in March 2023 at AED 618 per sqft, 26% above what three-beds in Vardon were fetching at the time (AED 491). 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. XR863B's AED 42,000 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 →

XR863B, Vardon in numbers

  • Sold twice: first on 23 October 2016 for AED 1,100,000, last on 23 March 2023 for AED 1,050,000 (AED 618 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 41,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 4.0%.
  • 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 23 March 2023.

Questions about XR863B, Vardon

What did villa XR863B last sell for?

AED 1,050,000 on 23 March 2023: AED 618 per sqft for 1,696 sqft. The villa has 2 registered sales; the first was AED 1,100,000 in October 2016.

What is the rent for villa XR863B?

AED 42,000 a year on the contract signed on 20 June 2022. The previous contract, from September 2021, was AED 41,000; the villa has been rented since September 2020.

How big is villa XR863B?

1,696 sqft (157.6 sqm): a three-bedroom villa in Vardon, completed in 2022.

What is villa XR863B 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 XR863B, Vardon

Starts from the last sale price (AED 1.05M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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