Unit 312, Belgravia 2: what it sold for and what it is worth now

Unit 312 at Belgravia 2 is a studio of 452 sq ft. It last sold for AED 775,000 on 22 May 2024. At AED 1,491 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 674,000 today.

Value todayAED 674,000AED 669,000 to AED 712,000
Last saleAED 775,00022 May 2024 · Resale
Change since last sale-13.0%Building trend alone: AED 915,267
Rent (median asking, studio)AED 55,000Gross yield 8.2%
Bedroomsstudio
Size452 sq ft
Floor3 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingBelgravia 2 by Ellington Properties, handed over 2019
Registered sales of this unit3

Every registered sale of unit 312

DatePriceSizeAED/sq ftType
22 May 2024AED 775,000452 sq ft1,715Resale
22 Aug 2022AED 553,000452 sq ft1,223Resale
29 Nov 2020AED 475,000452 sq ft1,051Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11220 Jun 2025AED 690,000505 sq ft1,366Resale
41224 Sep 2024AED 2,050,0002,536 sq ft808Resale
11213 Oct 2020AED 430,000505 sq ft851Resale

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 (452 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 915,267. 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 312 at Belgravia 2 worth?

About AED 674,000 (range AED 669,000 to AED 712,000), based on AED 1,491 per sq ft from registered sales up to 11 Sep 2026.

When did unit 312 last sell?

22 May 2024, for AED 775,000 (resale). It has 3 registered sales.

What rent can unit 312 make?

A studio in Belgravia 2 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for Belgravia 2All sales in Belgravia 2

Unit 311 · Unit 314