PropertyIndex

Belgravia Heights I

Completed · Q4 2022|157 units · 1 tower

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Belgravia Heights I is a completed apartment development by ELLINGTON PROPERTIES DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 157 registered units. 205 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,379 per sqft. At AED 1,379 per sqft, Belgravia Heights I prices 5% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 1.2% YoY
1.11MAED
Typical
1,379AED
PSF
Gross yield
8.4%
PIX© rent ÷ PIX© price
Sale records
205
DLD · all time
Rent contracts
452
Ejari · all time
Belgravia Heights I

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
405 – 2,672 sqft
1571.11M1,3791.2%94K8.4%
Residential
Studio · Apartment
405 – 1,019 sqft
16
1 Bed · Apartment
729 – 1,736 sqft
94
2 Bed · Apartment
1,028 – 2,672 sqft
45
Commercial
Shop
1,563 sqft
1
Store
1
Sales — Project-Wide205 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
20 Jul 20261 BedFloor 11759940,0001,238+3.3%StandardStandard Sale
18 Jun 20261 BedFloor 6764975,0001,277+17.5%StandardStandard Sale
5 Jun 20262 BedFloor 91,0291,510,0001,468+58.8%StandardLease-to-Own
Rentals — Project-Wide452 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 202 rentals
Floors 1-7 · 96 rentals
Floors 8-15 · 106 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
8 Aug 20261 BedFloor 676465,00085-13.3%Entry Levelnew
5 Aug 20262 BedFloor 61,029110,000107-15.6%Standardnew
3 Aug 20261 BedFloor 581165,00080-26.1%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Belgravia Heights I

Answered from Dubai Land Department registered transactions.

How much does a property in Belgravia Heights I cost?

Property in Belgravia Heights I sells at a current PIX© price of AED 1,379 per sqft, or about AED 1,111,282 for a typical unit, based on 205 sales registered with the Dubai Land Department.

Is Belgravia Heights I completed?

Yes. Belgravia Heights I is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Belgravia Heights I?

Belgravia Heights I is developed by ELLINGTON PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Belgravia Heights I?

Belgravia Heights I yields 8.4% gross, calculated from current PIX© rent against current PIX© sale price, across 452 registered Ejari contracts.

How many units are in Belgravia Heights I?

Belgravia Heights I holds 157 registered units, per the Dubai Land Department unit register.

Have prices in Belgravia Heights I gone up or down?

Price per sqft has fallen -1.2% over the last 12 months, to AED 1,379, across 205 registered sales.