Unit 408, Belgravia 1: what it sold for and what it is worth now

Unit 408 at Belgravia 1 is a 3 bed of 2,540 sq ft. It last sold for AED 2,740,000 on 8 May 2025. At AED 1,230 per sq ft, from 4 sales of units ending 08 (same position in the tower), it is worth about AED 3,124,000 today.

Value todayAED 3,124,000AED 2,945,000 to AED 3,268,000
Last saleAED 2,740,0008 May 2025 · Resale
Change since last sale+14.0%Building trend alone: AED 2,740,555
Rent (median asking, 3 bed)AED 210,000Gross yield 6.7%
Bedrooms3 bed
Size2,540 sq ft
Floor4 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingBelgravia 1 by Ellington Properties, handed over 2017
Registered sales of this unit1

Every registered sale of unit 408

DatePriceSizeAED/sq ftType
8 May 2025AED 2,740,0002,540 sq ft1,079Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20814 Oct 2026AED 1,825,0001,433 sq ft1,274Resale
30813 May 2026AED 1,700,0001,433 sq ft1,186Resale
30825 Nov 2024AED 1,900,0001,433 sq ft1,326Resale
30811 Aug 2021AED 1,250,0001,433 sq ft872Resale

Latest 3 bed sales in Belgravia 1

UnitDatePriceSizeAED/sq ftType
4111 Jul 2025AED 2,700,0002,667 sq ft1,012Resale
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
40120 Dec 2023AED 2,210,0002,061 sq ft1,072Resale
40620 Oct 2023AED 2,275,0002,663 sq ft854Resale

How we worked out the value

We took the 4 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,230). We multiplied it by the size of this unit (2,540 sq ft). The range uses the middle half of those sales (AED 1,159 to AED 1,287 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,740,555. 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 408 at Belgravia 1 worth?

About AED 3,124,000 (range AED 2,945,000 to AED 3,268,000), based on AED 1,230 per sq ft from registered sales up to 14 Oct 2026.

When did unit 408 last sell?

8 May 2025, for AED 2,740,000 (resale). It has 1 registered sale.

What rent can unit 408 make?

A 3 bed in Belgravia 1 rents for about AED 210,000 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

Sales alert for Belgravia 1All sales in Belgravia 1

Unit 406 · Unit 409