Unit 401, Belgravia 1: what it sold for and what it is worth now

Unit 401 at Belgravia 1 is a 3 bed of 2,061 sq ft. It last sold for AED 2,210,000 on 20 Dec 2023. At AED 1,037 per sq ft, from 6 sales in the building in the last 24 months (3 bed), it is worth about AED 2,138,000 today.

Value todayAED 2,138,000AED 2,037,000 to AED 2,215,000
Last saleAED 2,210,00020 Dec 2023 · Resale
Change since last sale-3.3%Building trend alone: AED 2,635,214
Rent (median asking, 3 bed)AED 210,000Gross yield 9.8%
Bedrooms3 bed
Size2,061 sq ft
Floor4 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingBelgravia 1 by Ellington Properties, handed over 2017
Registered sales of this unit3

Every registered sale of unit 401

DatePriceSizeAED/sq ftType
20 Dec 2023AED 2,210,0002,061 sq ft1,072Resale
5 Apr 2021AED 1,830,8282,061 sq ft888Resale
30 Nov 2020AED 1,500,0002,061 sq ft728Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10114 Sep 2022AED 890,000973 sq ft915Resale

Latest 3 bed sales in Belgravia 1

UnitDatePriceSizeAED/sq ftType
4111 Jul 2025AED 2,700,0002,667 sq ft1,012Resale
4088 May 2025AED 2,740,0002,540 sq ft1,079Resale
4102 Apr 2025AED 2,615,0002,668 sq ft980Resale
42024 Feb 2025AED 2,350,0002,071 sq ft1,135Resale
41613 Dec 2024AED 1,800,0002,060 sq ft874Resale
42016 Oct 2024AED 2,200,0002,071 sq ft1,062Resale
20924 Sep 2024AED 2,200,0001,974 sq ft1,114Resale
40620 Oct 2023AED 2,275,0002,663 sq ft854Resale

How we worked out the value

We took the 6 sales in Belgravia 1 in the last 24 months (3 bed), worked out the price per sq ft of each, and used the middle value (AED 1,037). We multiplied it by the size of this unit (2,061 sq ft). The range uses the middle half of those sales (AED 988 to AED 1,075 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,635,214. 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 401 at Belgravia 1 worth?

About AED 2,138,000 (range AED 2,037,000 to AED 2,215,000), based on AED 1,037 per sq ft from registered sales up to 14 Oct 2026.

When did unit 401 last sell?

20 Dec 2023, for AED 2,210,000 (resale). It has 3 registered sales.

What rent can unit 401 make?

A 3 bed in Belgravia 1 rents for about AED 210,000 a year (median asking rent). That is a gross yield of 9.8% on the estimate.

Sales alert for Belgravia 1All sales in Belgravia 1

Unit 341 · Unit 402