Unit AG16, Belgravia Square: what it sold for and what it is worth now

Unit AG16 at Belgravia Square is a studio of 540 sq ft. It last sold for AED 840,000 on 25 Feb 2025. At AED 1,625 per sq ft, from 4 sales in the building in the last 24 months (studio), it is worth about AED 878,000 today.

Value todayAED 878,000AED 867,000 to AED 898,000
Last saleAED 840,00025 Feb 2025 · Resale
Change since last sale+4.5%Building trend alone: AED 815,684
Rent (median asking, studio)AED 58,000Gross yield 6.6%
Bedroomsstudio
Size540 sq ft
BuildingBelgravia Square by Ellington Properties, handed over 2023
Registered sales of this unit2

Every registered sale of unit AG16

DatePriceSizeAED/sq ftType
25 Feb 2025AED 840,000540 sq ft1,556Resale
9 Feb 2020AED 569,828540 sq ft1,055Off-plan

Latest studio sales in Belgravia Square

UnitDatePriceSizeAED/sq ftType
B32319 Mar 2025AED 850,000481 sq ft1,767Resale
A11830 Oct 2024AED 808,000496 sq ft1,629Resale
B12230 Oct 2024AED 780,000481 sq ft1,622Resale
A2194 Jul 2024AED 800,000496 sq ft1,613Resale
B22011 Jun 2024AED 800,000481 sq ft1,663Resale
A21829 May 2024AED 706,287476 sq ft1,484Resale
A11910 May 2024AED 735,000479 sq ft1,534Resale
A3192 May 2024AED 830,000496 sq ft1,673Resale

How we worked out the value

We took the 4 sales in Belgravia Square in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,625). We multiplied it by the size of this unit (540 sq ft). The range uses the middle half of those sales (AED 1,605 to AED 1,664 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 815,684. 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 AG16 at Belgravia Square worth?

About AED 878,000 (range AED 867,000 to AED 898,000), based on AED 1,625 per sq ft from registered sales up to 13 Oct 2026.

When did unit AG16 last sell?

25 Feb 2025, for AED 840,000 (resale). It has 2 registered sales.

What rent can unit AG16 make?

A studio in Belgravia Square rents for about AED 58,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Belgravia SquareAll sales in Belgravia Square

Unit AG15 · Unit AG18