Belgravia Heights 1

P1 — Delivered Off-Plan Primary
Developer Ellington Properties Development L.L.C
Community Jumeirah Village Circle
Property type Apartment
Data updated Feb 23, 2026

Belgravia Heights 1 is a Delivered development by Ellington Properties Development L.L.C in Jumeirah Village Circle. 156 units across 1 Bedroom (61%), 2 Bedroom (29%), Studio (10%). Over the trailing 12 months, 205 sales at a median of AED 1,152,500.

Key Metrics
Median Price
Value
AED 1,152,500
Change
1.5% YoY
Transactions
Value
205
Change
12 in period
Price / sqft
Value
AED 1,450
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,152,500
↓ 1.5% YoY
Transactions
205
↑ 12 in period
Price / sqft
AED 1,450
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
10.0%
Holding Period
Value
1.8 yrs
Liquidity
Value
7.7%
Price Dispersion
Value
13.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
57.4%
Capital Return
10.0%
Holding Period
1.8 yrs
Liquidity
7.7%
Price Dispersion
13.1%
Ready Market Mix
0.0%
Rental Activity
57.4%

Rental Performance

Rental Volume
Value
410
Avg Annual Rent
Value
AED 90,759
New Leases
Value
71.2%
Renewals
Value
28.8%
Rental Volume
410
Avg Annual Rent
AED 90,759
New Leases
71.2%
Renewals
28.8%

Unit Mix

By bedroom type
Studio 16 units · 10%
1 Bedroom 95 units · 61%
2 Bedroom 45 units · 29%

Transaction Breakdown

All time — 205 transactions
Off-Plan Primary
123
Off-Plan Secondary
3
Ready Primary
14
Ready Secondary
65

Price History

Median Price — Belgravia Heights 1

Median prices in Belgravia Heights 1 have declined significantly, down 35% to AED 710K over the past 7 months.

Recent Transactions

Showing last 10 of 205
Date Type Price (AED) Size (sqft) AED/sqft
Feb 23, 2026 RP Secondary 710,000 405 1,751
Dec 03, 2025 RP Secondary 1,125,000 802 1,401
Nov 24, 2025 RP Secondary 1,680,000 1,028 1,633
Oct 31, 2025 RP Secondary 1,160,000 781 1,483
Jul 02, 2025 RP Secondary 425,859 405 1,050
May 20, 2025 RP Secondary 1,155,000 832 1,387
May 13, 2025 RP Secondary 1,800,000 1,125 1,599
May 12, 2025 RP Primary 1,150,000 781 1,470
May 05, 2025 RP Secondary 1,850,000 1,125 1,643
May 02, 2025 RP Secondary 1,050,000 985 1,065

This project is in Jumeirah Village Circle

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