Belgravia 2 — project image
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Belgravia 2

From AED 1.31M·Completed Dec 2019·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.31M
Starting Price
Dec 2019
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · Apartments
Type

Project Overview

Belgravia 2 is an elegant residential complex from the leading developer Ellington Properties, located in the picturesque area of JVC District 14, Jumeirah Village Circle. The project includes a basement level, ground floor and 5 residential levels, ideally combining luxury, comfort and convenience of urban living. The exterior of the Belgravia 2 features modern architecture with clean lines and high-quality finishes, creating a visually appealing look. The building harmoniously fits into the surrounding urban area, offering an aesthetically pleasing living space. The complex includes modern studios, one- to three-bedroom apartments and unique two-storey townhouses with private gardens. The interior of the apartments is designed in a minimalist style with an emphasis on natural materials and a neutral color palette, creating a calm and refined atmosphere. Thoughtful layouts emphasize the elegance of each space. Key amenities available to residents include a scenic swimming pool, a state-of-the-art fitness center, and green areas for recreation, providing a fulfilling and active lifestyle. Belgravia 2's location in Jumeirah Village Circle provides excellent access to Dubai's iconic landmarks and major thoroughfares. It takes about 21 minutes to drive to Dubai Mall, 16 minutes to Palm Jumeirah and 18 minutes to Burj Al Arab. The journey time to Dubai International Airport will take approximately 27 minutes.

Project Specifications
DeveloperEllington Properties
LocationJumeirah Village Circle (JVC)
Unit Types1 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 56,527 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,297
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 602,600 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Billiards
Central A/C
Children’s pool
Community Lawn
Concierge Service
Covered Kids Play Area
Covered Parking
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Dog walking area
Fitness Zone
Green Lawn (Dog Park)
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Lounge
Outdoor parking
Pets Allowed
Pool Deck
Pool Lounge
Recreational areas
Resting Areas
Retail outlets
SPA
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Sitting Area
Social zone
Walking paths

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

01

Belgravia 2 by Ellington Properties

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 1,310,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2019

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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