What is the rental yield in Belgravia 2?

Belgravia 2 returns 6.80% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 82 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Belgravia 2 cost?

The median registered sale price is AED 1.26M (1,386 AED/sqft), from 18 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Belgravia 2 selling for right now?

Registered sales of ready units in Belgravia 2 over the last 12 months have a median of 1,387 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Belgravia 2 risen or fallen?

Median price per square foot moved +0.1% over the last 12 months against the 12 before it, on 18 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Belgravia 2 compare with Jumeirah Village Circle?

Its 6.80% gross yield sits -1.0 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Belgravia 2 — sale prices & yield | Jumeirah Village Circle, Dubai

Buy: 1.26MAED; AED 1,387/sqft
Long-let: 6.80%; AED 85,000/yr
Short-let: 7.60%; AED 450/night · 0.49/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent May 2026.

Priced off the last 5 sales — most recent May 2026.

Yield spread: -1.0 pts; vs the Jumeirah Village Circle median for this unit type
Turnover upside: +2.4%; new tenants pay more than sitting ones — 53 renewals
AED/yr/sqft: AED 95
Sales: 18
Rental contracts: 82
Renewal rent: AED 83,000/yr

12 months: +0.1%
3 years: +15.7%+5.0%/yr
5 years: +50.6%+8.5%/yr

Based on 18 sales and 82 rental contracts in the last 24 months.

Belgravia 2 is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2017 to 2026, 706 registered sales in all — the 18 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Belgravia 2, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 750,000	1492	6.71% -1.7 pts	+0.9%	9
1 bed	AED 1.26M	1386	6.80% -1.0 pts	+0.1%	18
2 bed	AED 2.20M	1219	5.96% -1.4 pts	+2.8%	9
3 bed	AED 2.05M	809	—	—	1

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Belgravia 2

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	377	0.75	AED 84,588	AED 50,000	1.7×	11.28%	6+
1 bed500m	450	0.49	AED 95,782	AED 85,000	1.1×	7.60%	21+
2 bed500m	985	0.55	AED 212,774	AED 135,700	1.6×	9.67%	5+
3 bed500m	912	0.36	AED 182,376	AED 177,500	1.0×	8.90%	4+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Belgravia 2 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Belgravia 2 between 2017 and 2019 went for a median of AED 956/sqft (AED 867,828). The same building resells today at AED 1,385/sqft (AED 1.27M) — an uplift of +46.3%.

Based on 193 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

16 resales in the last 12 months, against 23 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
21 Jul 2026	Studio	503	AED 745,000	1,482
16 Jul 2026	Studio	457	AED 725,000	1,587

2 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
1 Sept 2026	1 bed	786	AED 69,878	89	Renewal
29 Aug 2026	1 bed	800	AED 75,000	94	New
23 Aug 2026	2 bed	1,180	AED 120,000	102	Renewal
20 Aug 2026	1 bed	786	AED 70,000	89	New
20 Aug 2026	1 bed	890	AED 76,000	85	New
19 Aug 2026	1 bed	873	AED 70,180	80	Renewal
11 Aug 2026	Studio	503	AED 48,000	95	New
10 Aug 2026	2 bed	1,858	AED 125,000	67	New
8 Aug 2026	1 bed	890	AED 75,000	84	New
7 Aug 2026	1 bed	890	AED 80,000	90	New
1 Aug 2026	1 bed	873	AED 95,000	109	Renewal
1 Aug 2026	1 bed	872	AED 82,500	95	New
30 Jul 2026	1 bed	890	AED 75,000	84	New
26 Jul 2026	2 bed	1,180	AED 95,000	81	New
25 Jul 2026	1 bed	805	AED 70,000	87	New
25 Jul 2026	1 bed	786	AED 73,000	93	New
20 Jul 2026	1 bed	786	AED 70,000	89	New
20 Jul 2026	Studio	506	AED 52,000	103	New
20 Jul 2026	1 bed	1,136	AED 110,000	97	New
20 Jul 2026	Studio	452	AED 54,000	120	Renewal
17 Jul 2026	1 bed	1,275	AED 92,000	72	New
15 Jul 2026	3 bed	1,929	AED 180,000	93	New
10 Jul 2026	1 bed	800	AED 80,000	100	New
5 Jul 2026	1 bed	1,053	AED 75,000	71	New
4 Jul 2026	1 bed	887	AED 75,000	85	New
27 Jun 2026	1 bed	789	AED 77,000	98	Renewal
10 Jun 2026	1 bed	805	AED 83,000	103	Renewal
4 Jun 2026	Studio	463	AED 50,000	108	Renewal
31 May 2026	1 bed	786	AED 87,000	111	Renewal

29 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 5
Flats: 188
Lifts: 4
Parking bays: 218
Flats per lift: 47
Parking per flat: 1.16

Nearby

Metro: Nakheel Metro Station
Mall: Marina Mall
Landmark: Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Highest rental yields in Jumeirah Village Circle · Belgravia 2 places 19th of 199

Common questions

What is the rental yield in Belgravia 2?: Belgravia 2 returns 6.80% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 82 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Belgravia 2 cost?: The median registered sale price is AED 1.26M (1,386 AED/sqft), from 18 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Belgravia 2 selling for right now?: Registered sales of ready units in Belgravia 2 over the last 12 months have a median of 1,387 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Belgravia 2 risen or fallen?: Median price per square foot moved +0.1% over the last 12 months against the 12 before it, on 18 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Belgravia 2 compare with Jumeirah Village Circle?: Its 6.80% gross yield sits -1.0 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Belgravia 2