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.
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%.