Unit 401, Belgravia 2: what it sold for and what it is worth now

Unit 401 at Belgravia 2 is a 1 bed of 1,275 sq ft. It last sold for AED 1,242,000 on 30 Apr 2024. At AED 1,361 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 1,735,000 today.

Value todayAED 1,735,000AED 1,652,000 to AED 1,786,000
Last saleAED 1,242,00030 Apr 2024 · Resale
Change since last sale+39.7%Building trend alone: AED 1,465,909
Rent (median asking, 1 bed)AED 80,000Gross yield 4.6%
Bedrooms1 bed
Size1,275 sq ft
Floor4 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingBelgravia 2 by Ellington Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 401

DatePriceSizeAED/sq ftType
30 Apr 2024AED 1,242,0001,275 sq ft974Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2018 Aug 2024AED 1,200,000850 sq ft1,412Resale
10127 Jun 2024AED 1,150,000850 sq ft1,353Resale
30115 Apr 2022AED 850,000850 sq ft1,000Resale

Latest 1 bed sales in Belgravia 2

UnitDatePriceSizeAED/sq ftType
30511 Sep 2026AED 1,100,000786 sq ft1,399Resale
1101 Sep 2026AED 1,000,000830 sq ft1,205Resale
31620 May 2026AED 1,250,000890 sq ft1,404Resale
24412 May 2026AED 1,050,000786 sq ft1,336Resale
11523 Feb 2026AED 1,340,0001,136 sq ft1,180Resale
23813 Jan 2026AED 1,276,750921 sq ft1,386Resale
22012 Dec 2025AED 1,240,000935 sq ft1,326Resale
2452 Oct 2025AED 1,300,000805 sq ft1,615Resale

How we worked out the value

We took the 8 sales in Belgravia 2 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,361). We multiplied it by the size of this unit (1,275 sq ft). The range uses the middle half of those sales (AED 1,296 to AED 1,401 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,465,909. 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 401 at Belgravia 2 worth?

About AED 1,735,000 (range AED 1,652,000 to AED 1,786,000), based on AED 1,361 per sq ft from registered sales up to 11 Sep 2026.

When did unit 401 last sell?

30 Apr 2024, for AED 1,242,000 (resale). It has 1 registered sale.

What rent can unit 401 make?

A 1 bed in Belgravia 2 rents for about AED 80,000 a year (median asking rent). That is a gross yield of 4.6% on the estimate.

Sales alert for Belgravia 2All sales in Belgravia 2

Unit 351 · Unit 402