Unit 121, Belgravia 2: what it sold for and what it is worth now

Unit 121 at Belgravia 2 is a studio of 506 sq ft. It last sold for AED 490,000 on 9 Sep 2022. At AED 1,491 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 754,000 today.

Value todayAED 754,000AED 749,000 to AED 797,000
Last saleAED 490,0009 Sep 2022 · Resale
Change since last sale+53.9%Building trend alone: AED 700,330
Rent (median asking, studio)AED 55,000Gross yield 7.3%
Bedroomsstudio
Size506 sq ft
Floor1 (from the unit number)
Position in the towerStack 21: units ending 21 share the same layout and view
BuildingBelgravia 2 by Ellington Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 121

DatePriceSizeAED/sq ftType
9 Sep 2022AED 490,000506 sq ft968Resale

Units ending 21 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3218 Apr 2025AED 780,000506 sq ft1,542Resale

Latest studio sales in Belgravia 2

UnitDatePriceSizeAED/sq ftType
32521 Jul 2026AED 745,000503 sq ft1,481Resale
33916 Jul 2026AED 725,000457 sq ft1,586Resale
21113 May 2026AED 790,000541 sq ft1,460Resale
23920 Apr 2026AED 720,000457 sq ft1,575Resale
2242 Apr 2026AED 750,000503 sq ft1,491Resale
31113 Aug 2025AED 765,000541 sq ft1,414Resale
11220 Jun 2025AED 690,000505 sq ft1,366Resale
3218 Apr 2025AED 780,000506 sq ft1,542Resale

How we worked out the value

We took the 5 sales in Belgravia 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,491). We multiplied it by the size of this unit (506 sq ft). The range uses the middle half of those sales (AED 1,481 to AED 1,575 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 700,330. Floor, view, condition and upgrades can move the price either way. Sales data to 11 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 121 at Belgravia 2 worth?

About AED 754,000 (range AED 749,000 to AED 797,000), based on AED 1,491 per sq ft from registered sales up to 11 Sep 2026.

When did unit 121 last sell?

9 Sep 2022, for AED 490,000 (resale). It has 1 registered sale.

What rent can unit 121 make?

A studio in Belgravia 2 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

Sales alert for Belgravia 2All sales in Belgravia 2

Unit 119 · Unit 122