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Belgravia 2

About the project

Belgravia 2 is a five-storey residential building located in one of the most popular and respected areas of Dubai: Jumeirah Village Circle. It is one of three buildings that make up the Belgravia complex. This comfortable yet modern property offers studios and apartments for sale with a choice of one, two, or three bedrooms.

Developed by Ellington Properties, construction began in 2016 and was completed within two years. The complex offers a well-developed infrastructure with an abundance of amenities.

Studios are available in six different configurations and have an average size of 510 sq. ft (156 sq. m). A typical layout features a spacious terrace, comfortable sleeping space, open living area, and fully-equipped kitchen. Units offer practical floor plans and beautiful interiors. The price of a studio is approximately AED 520,000 (USD 142,000).

Apartments range in size from 800 sq. ft (244 sq. m) to 1800 sq. ft (549 sq. m), depending on the number of bedrooms and layout. Prices range from AED 725,000 (USD 198,000) to AED 1,900,000 (USD 518,000). Each unit has an American-style design with spacious bedrooms, en-suite bathrooms, and built-in walk-in closets. Other features include large living rooms combined with dining rooms, laundry rooms, and balconies with beautiful views of the surrounding landscape.

*The price is valid for 2021

Belgravia 2 offers a variety of on-site amenities, including:

  • Ample parking on an entirely separate floor
  • Reliable high-speed elevators
  • Security personnel and video surveillance
  • Private event space in the courtyard
  • Gym, swimming pool, jacuzzi, and sauna
  • Spacious lobby with concierge services
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Location

Belgravia 2 is located in an area that is experiencing rapid growth with regards to other residential communities and commercial facilities. According to a recent report about Dubai’s real estate market, Jumeirah Village Circle scored high as a desirable location for owning a home.

The building is situated at the intersection of Al Khail Road and Sheikh Mohammed Bin Zayed Road, which provides quick and easy access to other parts of the city. The area also offers public transportation stops within a two-minute walk of the building.

The neighbourhood has many restaurants, such as the Desert WOK, Marmarita, and Shawarmco Bites. There are also plenty of supermarkets located near the complex and include Blue Mart, Spinneys, Cistys, Rubian Grocery, and Greens Supermarket.

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Payback

Buying a property in Belgravia 2 to rent out can be a profitable decision. The highest return on investment rate, typically for the studio units, is approximately 9.5%. The return on investment rate for one-bedroom apartments is approximately 9.3%, and the rate for two-bedroom apartments is 8.5%.

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