Unit A318, Belgravia 3A: what it sold for and what it is worth now

Unit A318 at Belgravia 3A is a studio of 426 sq ft. It last sold for AED 540,000 on 30 May 2022. At AED 1,283 per sq ft, from 11 sales in the building in the last 12 months, it is worth about AED 547,000 today.

Value todayAED 547,000AED 491,000 to AED 629,000
Last saleAED 540,00030 May 2022 · Resale
Change since last sale+1.3%Building trend alone: AED 669,918
Rent (median asking, studio)AED 60,000Gross yield 11.0%
Bedroomsstudio
Size426 sq ft
Floor3 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingBelgravia 3A by Ellington Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit A318

DatePriceSizeAED/sq ftType
30 May 2022AED 540,000426 sq ft1,268Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
A41820 Dec 2021AED 801,553810 sq ft990Off-plan
A21819 Apr 2021AED 470,828426 sq ft1,105Off-plan
A11815 Apr 2021AED 414,828426 sq ft974Off-plan

Latest studio sales in Belgravia 3A

UnitDatePriceSizeAED/sq ftType
A42229 Aug 2024AED 815,000556 sq ft1,466Resale
A42225 Oct 2022AED 497,580556 sq ft895Resale
A10415 Dec 2021AED 745,584786 sq ft949Off-plan
A30413 Dec 2021AED 704,424625 sq ft1,127Off-plan
A21819 Apr 2021AED 470,828426 sq ft1,105Off-plan
A11815 Apr 2021AED 414,828426 sq ft974Off-plan
A32715 Apr 2021AED 577,828556 sq ft1,039Off-plan

How we worked out the value

We took the 11 sales in Belgravia 3A in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,283). We multiplied it by the size of this unit (426 sq ft). The range uses the middle half of those sales (AED 1,152 to AED 1,476 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 669,918. Floor, view, condition and upgrades can move the price either way. Sales data to 13 Oct 2026, from the Dubai Land Department register.

Questions

What is unit A318 at Belgravia 3A worth?

About AED 547,000 (range AED 491,000 to AED 629,000), based on AED 1,283 per sq ft from registered sales up to 13 Oct 2026.

When did unit A318 last sell?

30 May 2022, for AED 540,000 (resale). It has 1 registered sale.

What rent can unit A318 make?

A studio in Belgravia 3A rents for about AED 60,000 a year (median asking rent). That is a gross yield of 11.0% on the estimate.

Sales alert for Belgravia 3AAll sales in Belgravia 3A

Unit A316 · Unit A319