Unit 240, Belgravia 1: what it sold for and what it is worth now

Unit 240 at Belgravia 1 is a 2 bed of 1,440 sq ft. It last sold for AED 2,000,000 on 25 Apr 2025. At AED 1,274 per sq ft, from 3 sales in the building in the last 12 months (2 bed), it is worth about AED 1,834,000 today.

Value todayAED 1,834,000AED 1,771,000 to AED 1,884,000
Last saleAED 2,000,00025 Apr 2025 · Resale
Change since last sale-8.3%Building trend alone: AED 2,000,405
Rent (median asking, 2 bed)AED 119,000Gross yield 6.5%
Bedrooms2 bed
Size1,440 sq ft
Floor2 (from the unit number)
Position in the towerStack 40: units ending 40 share the same layout and view
BuildingBelgravia 1 by Ellington Properties, handed over 2017
Registered sales of this unit1

Every registered sale of unit 240

DatePriceSizeAED/sq ftType
25 Apr 2025AED 2,000,0001,440 sq ft1,389Resale

Units ending 40 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
34013 May 2024AED 1,217,830970 sq ft1,255Resale

Latest 2 bed sales in Belgravia 1

UnitDatePriceSizeAED/sq ftType
20814 Oct 2026AED 1,825,0001,433 sq ft1,274Resale
30415 Sep 2026AED 1,925,0001,433 sq ft1,343Resale
30813 May 2026AED 1,700,0001,433 sq ft1,186Resale
G0918 Sep 2025AED 1,900,0001,413 sq ft1,345Resale
G2921 May 2025AED 1,994,0001,409 sq ft1,415Resale
21424 Mar 2025AED 2,300,0001,911 sq ft1,204Resale
11821 Mar 2025AED 1,800,0001,538 sq ft1,170Resale
G032 Feb 2025AED 2,200,0001,880 sq ft1,170Resale

How we worked out the value

We took the 3 sales in Belgravia 1 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,274). We multiplied it by the size of this unit (1,440 sq ft). The range uses the middle half of those sales (AED 1,230 to AED 1,308 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,000,405. Floor, view, condition and upgrades can move the price either way. Sales data to 14 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 240 at Belgravia 1 worth?

About AED 1,834,000 (range AED 1,771,000 to AED 1,884,000), based on AED 1,274 per sq ft from registered sales up to 14 Oct 2026.

When did unit 240 last sell?

25 Apr 2025, for AED 2,000,000 (resale). It has 1 registered sale.

What rent can unit 240 make?

A 2 bed in Belgravia 1 rents for about AED 119,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Belgravia 1All sales in Belgravia 1

Unit 239 · Unit 242