Belgravia by Ellington

P1 — Delivered Off-Plan Primary
Developer Ellington Properties Development L.L.C
Property type Apartment
Data updated Mar 04, 2026

Belgravia by Ellington is a Delivered development by Ellington Properties Development L.L.C in Jumeirah Village Circle. 181 units across 1 Bedroom (52%), 2 Bedroom (38%), 3 Bedroom (10%). Over the trailing 12 months, 334 sales at a median of AED 1,300,000.

Key Metrics
Median Price
Value
AED 1,300,000
Change
28.4% YoY
Transactions
Value
334
Change
17 in period
Price / sqft
Value
AED 1,328
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,300,000
↓ 28.4% YoY
Transactions
334
↑ 17 in period
Price / sqft
AED 1,328
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
13.6%
Holding Period
Value
3.7 yrs
Liquidity
Value
9.4%
Ready Market Mix
Value
0.0%
Rental Activity
Value
48.1%
Capital Return
13.6%
Holding Period
3.7 yrs
Liquidity
9.4%
Ready Market Mix
0.0%
Rental Activity
48.1%

Rental Performance

Rental Volume
Value
697
Avg Annual Rent
Value
AED 91,130
New Leases
Value
61.4%
Renewals
Value
38.6%
Rental Volume
697
Avg Annual Rent
AED 91,130
New Leases
61.4%
Renewals
38.6%

Unit Mix

By bedroom type
1 Bedroom 94 units · 52%
2 Bedroom 69 units · 38%
3 Bedroom 18 units · 10%

Transaction Breakdown

All time — 334 transactions
Off-Plan Primary
169
Off-Plan Secondary
6
Ready Primary
12
Ready Secondary
147

Price History

Median Price — Belgravia by Ellington

Median prices in Belgravia by Ellington have declined significantly, down 36% to AED 1.3M over the past 9 months.

Recent Transactions

Showing last 10 of 334
Date Type Price (AED) Size (sqft) AED/sqft
Mar 04, 2026 RP Secondary 1,270,000 970 1,309
Feb 17, 2026 RP Secondary 1,300,000 970 1,339
Jan 16, 2026 RP Secondary 1,250,000 975 1,281
Jan 05, 2026 RP Secondary 1,280,000 970 1,319
Nov 13, 2025 RP Secondary 1,330,000 1,043 1,274
Sep 29, 2025 RP Secondary 1,250,000 941 1,327
Sep 18, 2025 RP Secondary 1,900,000 1,413 1,344
Sep 09, 2025 RP Secondary 1,300,000 970 1,339
Jul 31, 2025 RP Secondary 1,245,000 970 1,283
Jul 09, 2025 RP Secondary 1,275,000 953 1,337

This project is in Jumeirah Village Circle

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