Belgravia 1
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About the project
Belgravia 1 is a four-storey residential building in the elite Jumeirah Village Circle (JVC). The building is part of the Belgravia residential complex and offers one, two, and three bedroom apartments for sale.
The project’s developers are Ellington Properties and Sobha Waterfront Limited. Construction began in late 2014 and was completed in late 2016.
Building amenities include a children’s playground, swimming pool, landscaped garden, barbecue area, and state-of-the-art gym, as well as underground parking. Residents can count on 24-hour security, high-speed elevators and concierge services.
Apartments range in size from 951 sq. ft. (88 sq. m.) to 3,194 sq. ft. (297 sq. m.) and in price from AED 849,000 (USD 232,000) to AED 2,939,000 (USD 800,000).
*The price is valid for 2021
Location
There are many popular restaurants within walking distance of Belgravia 1, such as Burger Live, The Desert, Wok Restaurant, and Pide Keyfi. Nearby supermarkets include Blue Mart Supermarket, JAM JAM Supermarket, and Spinneys Supermarket, which are perfect for daily or weekly shopping trips.
One of the reasons that Belgravia 1 is in high demand is its convenient proximity to many excellent nurseries and schools including Kids World Nursery and Ladybird Nursery, as well as JSS International School, Sunmarke School, and Nord Anglia International School.
Knowledge Park, home to the prestigious University of Manchester, the University of Wollongong in Dubai and Middlesex University Dubai, is a 15-minute drive from JVC, and Dubai Mall and Dubai International Airport are located within a 25-minute drive from the residential complex.
Payback
The annual rental cost of a Belgravia 1 apartment ranges from AED 70,000 (USD 19,000) to AED 110,000 (USD 30,000), and the return on investment for real estate in Belgravia 1 is approximately 6.25%.
*The price is valid for 2021
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Metropolitan Premium Properties
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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