Project · #2214 by 12M value
Belgravia III B
Market bulletin · Thu, 22 Oct 2026
Belgravia III B: 2 sales worth AED 4.08M in 30 days
Belgravia III B recorded 2 sales worth AED 4.08M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Village Circle, Belgravia III B ranked #11 of 11 leading projects by 12-month sales value; it is developed by Ellington Properties Development.
Leases registered in the last three months had a median annual rent of AED 81K. The best gross yield is on 2 BR apartments at about 6.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 1,323 |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 1,182 |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 3 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 2 |
| Dec 25 | 0 | 0 | 0 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | up 100.0% | AED 4.08M | — | — |
| Last 3 months | 4 | unchanged 0.0% | AED 6.67M | — | — |
| Last 6 months | 8 | up 14.3% | AED 13.1M | 1,240 | down 21.0% |
| Last 12 months | 15 | down 44.4% | AED 23.1M | 1,286 | up 0.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 15 | 100% | AED 1.54M | 1,286 | up 0.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 4 | 27% | — | — | — |
| 1 bedroom | 3 | 20% | — | — | — |
| 2 bedrooms | 8 | 53% | AED 2.10M | 1,240 | up 14.5% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 10 | 67% | AED 1.00M | 1,364 | up 3.1% |
| AED 2M–10M | 5 | 33% | AED 2.40M | 1,199 | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 84K |
| Aug 26 | AED 76K |
| Jul 26 | AED 79K |
| Jun 26 | AED 80K |
| May 26 | — |
| Apr 26 | AED 90K |
| Mar 26 | AED 90K |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 87K |
| Nov 25 | — |
| Oct 25 | AED 90K |
| Sept 25 | — |
| Aug 25 | AED 90K |
| Jul 25 | — |
| Jun 25 | AED 80K |
| May 25 | — |
| Apr 25 | AED 95K |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 123
- New leases
- 48.8%
- Median rent 3M
- AED 81K
- Rent/sqft 3M
- AED 91
| 2 BR apartments | AED 132K / AED 2.10M | 6.3% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 14 | AED 60K | — | 117 |
| 1 BR | 57 | AED 83K | AED 83K | 100 |
| 2 BR | 15 | AED 132K | — | 106 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.20M | 2 BR Apartment · 2,013 sqftBelgravia III B · Jumeirah Village Circle | 25 Sept |
| AED 1.88M | 2 BR Apartment · 1,459 sqftBelgravia III B · Jumeirah Village Circle | 23 Sept |
| AED 1.54M | 2 BR Apartment · 1,208 sqftBelgravia III B · Jumeirah Village Circle | 26 Aug |
| AED 1.05M | 1 BR Apartment · 817 sqftBelgravia III B · Jumeirah Village Circle | 27 Jul |
Questions about Belgravia III B
How many properties were sold in Belgravia III B in the last year?
15 sales worth AED 23.1M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Belgravia III B?
The median annual rent on leases registered in the last three months was AED 81K, and the best gross rental yield is about 6.3%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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