Unit 502, Belgravia Heights 1: what it sold for and what it is worth now

Unit 502 at Belgravia Heights 1 is a 1 bed of 764 sq ft. It last sold for AED 940,000 on 1 Mar 2023. At AED 1,332 per sq ft, from 4 sales of units ending 02 (same position in the tower), it is worth about AED 1,018,000 today.

Value todayAED 1,018,000AED 961,000 to AED 1,092,000
Last saleAED 940,0001 Mar 2023 · Resale
Change since last sale+8.3%Building trend alone: AED 1,117,282
Rent (median asking, 1 bed)AED 77,000Gross yield 7.6%
Bedrooms1 bed
Size764 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingBelgravia Heights 1 by Ellington Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
1 Mar 2023AED 940,000764 sq ft1,230Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
13022 Oct 2026AED 1,000,000832 sq ft1,202Resale
60218 Jun 2026AED 975,000764 sq ft1,276Resale
140220 May 2025AED 1,155,000832 sq ft1,388Resale
20224 Oct 2024AED 1,600,0001,029 sq ft1,555Resale
1022 Aug 2024AED 1,400,0001,177 sq ft1,189Resale
70220 Mar 2023AED 950,000764 sq ft1,243Resale
15026 Feb 2023AED 1,000,000832 sq ft1,202Resale
60218 Nov 2022AED 830,000764 sq ft1,086Off-plan

Latest 1 bed sales in Belgravia Heights 1

UnitDatePriceSizeAED/sq ftType
13022 Oct 2026AED 1,000,000832 sq ft1,202Resale
12051 Oct 2026AED 1,062,000759 sq ft1,399Resale
130816 Sep 2026AED 1,000,000811 sq ft1,233Resale
90725 Aug 2026AED 1,100,000803 sq ft1,370Resale
110520 Jul 2026AED 940,000759 sq ft1,238Resale
60218 Jun 2026AED 975,000764 sq ft1,276Resale
4073 Dec 2025AED 1,125,000803 sq ft1,401Resale
50531 Oct 2025AED 1,160,000782 sq ft1,483Resale

How we worked out the value

We took the 4 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,332). We multiplied it by the size of this unit (764 sq ft). The range uses the middle half of those sales (AED 1,258 to AED 1,430 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,117,282. Floor, view, condition and upgrades can move the price either way. Sales data to 2 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 502 at Belgravia Heights 1 worth?

About AED 1,018,000 (range AED 961,000 to AED 1,092,000), based on AED 1,332 per sq ft from registered sales up to 2 Oct 2026.

When did unit 502 last sell?

1 Mar 2023, for AED 940,000 (resale). It has 1 registered sale.

What rent can unit 502 make?

A 1 bed in Belgravia Heights 1 rents for about AED 77,000 a year (median asking rent). That is a gross yield of 7.6% on the estimate.

Sales alert for Belgravia Heights 1All sales in Belgravia Heights 1

Unit 410 · Unit 503