Best Offer — 1BR Furnished Belgravia 3A by Ellington | JVC | AED 1,200,000 | Below Market

Fully Furnished 1-Bedroom in Belgravia 3A, JVC — AED 225,000 Below Market for Comparable Spec

This is a best-offer, below-market listing on a fully furnished 1-bedroom apartment in Belgravia 3A by Ellington Properties — one of JVC’s most premium boutique residential buildings and part of Ellington’s flagship Belgravia series in Jumeirah Village Circle. The asking price of AED 1,200,000 is positioned below the current market range of AED 1,350,000–1,500,000 for comparable furnished 1BR units in the Belgravia series, representing an AED 225,000 (15.8%) discount for a buyer who moves decisively. The apartment is ready, furnished, and transferable immediately — there is no renovation, no fit-out, and no waiting period. The seller wants a clean, fast transaction.

At AED 1,487 per sq ft for a fully furnished Ellington-quality 1BR in JVC, this is one of the sharpest entry points currently available for branded boutique residential product in this community. JVC 1BR gross yields benchmark at 7.4% — at the asking price of AED 1,200,000 with rents of AED 75,000–95,000/yr, this unit delivers a gross yield of 6.2–7.9% from day one of ownership.

Property Highlights

• Project: Belgravia 3A (Block A, Belgravia III) by Ellington Properties
• Community: Jumeirah Village Circle (JVC), Dubai, UAE
• Developer: Ellington Properties (founded 2014)
• Type: 1-Bedroom Apartment
• Bedrooms: 1 | Bathrooms: 1
• Internal Size: 807 sq ft
• Furnishing: Fully Furnished — Move-In Ready
• Status: Ready — Immediate Transfer
• Asking Price: AED 1,200,000
• Market Range (Belgravia series 1BR, furnished): AED 1,350,000–1,500,000
• Discount vs Market Mid: AED 225,000 (15.8%)
• Price Per Sq Ft: AED 1,487
• Parking: 1 Covered Space
• Completion: 2021 (ready and delivered)
• Ownership: Freehold — open to all nationalities
• Golden Visa Eligible: Yes (AED 2M+ purchased in multiple units, or single-unit qualifying threshold)

About Belgravia 3A and Ellington Properties

Belgravia 3 (Block A and Block B) is the third phase of Ellington Properties’ Belgravia series in Jumeirah Village Circle — a low-rise boutique residential development completed in 2021 offering studio, 1-bedroom, and 2-bedroom apartments across a 4-storey configuration set within a 100,000 sq ft landscaped site. Block A (Belgravia 3A) is the primary residential block, featuring the building’s resort-style pool courtyard, full amenity set, and the characteristic Ellington design language: fresh cool palette, penny round tiles, white joinery, light wood accents, 3D artworks by local artists in common areas, quartz countertops, porcelain tile floors, and European appliances throughout.

Ellington Properties is widely recognised as JVC’s most premium boutique developer — and consistently the most cited in broker recommendations for buyers who prioritise build quality, design coherence, and resale liquidity over raw size or cheapest price-per-sqft. Since launching Belgravia 1 in 2015 (delivered ahead of schedule in 2017), the Ellington brand in JVC has commanded a consistent 10–20% rental and sales premium over non-Ellington buildings of comparable size and age in the community. For investors, this premium translates directly into higher achieved rents, faster tenancy fills, and stronger secondary market liquidity at exit.

Community and Lifestyle

• Over 30 landscaped parks and green spaces throughout JVC
• Circle Mall — JVC’s major retail and dining hub, within the community
• Al Khail Avenue — additional retail and F&B on the community’s eastern perimeter
• JSS International School and Arcadia British School within JVC
• Healthcare: Medcare Hospital, Aster Clinics, and community pharmacies within JVC
• Pet-friendly community with walking paths and parks across JVC’s 860-hectare footprint
• Sports fields, basketball courts, and outdoor workout areas within JVC
• Low-rise, villa-and-apartment mixed development — lower density than Dubai Marina or Downtown
• Gated Belgravia 3A entry with 24-hour security and CCTV

Amenities at Belgravia 3A

• Resort-style swimming pool with cabanas and landscaped pool deck
• Children’s pool and shaded outdoor play areas
• Fully equipped fitness centre and gym
• Yoga area and wellness spaces
• Hotel-style entrance lobby with concierge and free Wi-Fi lounge
• Double-height lobby with local artwork installations (80+ designer pieces)
• Indoor children’s play area (in addition to outdoor zones)
• Beautifully landscaped courtyard gardens with dynamic seating, tanning, and yoga areas
• Roof terrace (Belgravia series amenity)
• 24-hour security with CCTV and fingerprint access control
• Podium-level covered parking
• Pet-friendly building policy

Interior Specification

The 807 sq ft 1-bedroom apartment is delivered to Ellington’s Belgravia 3 interior standard: fresh cool palette with penny round tiles, white joinery, and light wood accents creating a relaxed, resort-quality aesthetic. The unit features an open-plan living and dining area, balcony, fully fitted kitchen with European appliances and quartz countertops, a principal bedroom with built-in wardrobes, and a bathroom with modern sanitary ware. The apartment is fully furnished — a complete, high-quality furniture package is in place. It is habitable and leasable immediately from the date of DLD transfer. The unit includes 1 covered parking space. Smart home features and high-spec air conditioning are installed as standard per the Ellington building specification.

Payment and Acquisition Costs

• Asking Price: AED 1,200,000
• DLD Transfer Fee (4%): AED 48,000
• Trustee / Conveyancing: ~AED 4,200
• Buyer Agency Fee (2%, if applicable): AED 24,000
• Total Indicative All-In: ~AED 1,276,200
• Mortgage Eligible: Yes — up to 80% LTV (UAE residents), 75% (non-residents)

Ready secondary market resale. Standard Dubai transfer process: MOU → security deposit → Ellington NOC (5–7 working days) → DLD transfer. Fully furnished and vacant — keys on the day of title deed issuance. DistressPropertyFinder.com manages all stages from MOU to title deed.

Investment Case — Why This Unit at AED 1,200,000 Works

• AED 225,000 (15.8%) below market range: Comparable furnished Belgravia 1BR units list and sell at AED 1,350,000–1,500,000. The asking price is set for a motivated, fast transaction.
• JVC 1BR gross yield of 7.4%: At AED 1,200,000 with rents of AED 75,000–95,000/yr, this unit delivers 6.2–7.9% gross — meeting or exceeding the JVC benchmark from day one.
• Ellington brand premium in JVC: Ellington units consistently achieve 10–20% higher rents than non-Ellington JVC buildings of comparable age and size. The brand premium is structural — it derives from build quality, lobby aesthetics, art programme, and community management standards that attract a higher-quality, longer-tenure tenant profile.
• Fully furnished — zero lag: No furnishing cost, no fit-out delay. Immediately leasable or owner-occupiable.
• JVC capital growth trajectory: Average JVC price per sqft was AED 1,366 in early 2024; Ellington product in JVC consistently prices above the community average. YoY price growth in JVC is active as the community matures and infrastructure completes.
• Circle Mall and JVC infrastructure: The completion of Circle Mall and Al Khail Avenue as community anchors has significantly raised JVC’s lifestyle proposition and rental demand since 2020, directly benefiting Belgravia 3A’s catchment.
• Freehold, all nationalities: Full DLD title deed.

JVC — Location and Why It Works for Investors and Residents

Jumeirah Village Circle (JVC) is a Nakheel-developed freehold residential community of 860 hectares in the geographic centre of Dubai’s western residential corridor, bounded by Al Khail Road (E44) to the east, Sheikh Mohammed bin Zayed Road (E311) to the north, and Hessa Street (D61) to the south. This tri-highway accessibility is JVC’s core connectivity asset — it places residents within a 15–22-minute drive of Dubai Marina, Downtown Dubai, and Dubai International Airport simultaneously, without committing to any single corridor. No other mid-market residential community in Dubai replicates this balanced connectivity at this price point.

JVC is a genuinely mixed-use community: 33+ parks, two major international schools (JSS and Arcadia British), Circle Mall (a full-scale mall), Al Khail Avenue, supermarkets, clinics, pharmacies, mosques, and sports facilities — all within the community’s boundary. The “village in a city” concept that Nakheel built into JVC’s master plan creates a self-sufficiency for day-to-day living that high-density tower communities cannot replicate. For the expatriate professional tenant — Ellington JVC’s primary rental demographic — this combination of connectivity, lifestyle infrastructure, and park-heavy design creates one of Dubai’s stickiest tenant bases: occupancy in Ellington JVC buildings historically runs above 90%.

JVC — Distances and Connectivity

• Circle Mall (JVC): 1.5 km (4-minute drive)
• Dubai Sports City: 3 km (6-minute drive)
• Motor City / Autodrome: 4 km (7-minute drive)
• Al Khail Road (E44): Direct access (2-minute drive)
• Dubai Media City / Internet City: 8 km (12-minute drive)
• Dubai Marina / JBR: 10 km (15-minute drive)
• Mall of the Emirates: 10 km (14-minute drive)
• Barasti Beach / JBR Beach: 12 km (16-minute drive)
• Palm Jumeirah: 14 km (18-minute drive)
• Downtown Dubai / Burj Khalifa: 20 km (21-minute drive)
• Dubai International Airport (DXB): 25 km (21-minute drive)
• Al Maktoum International Airport (DWC): 28 km (25-minute drive)

Frequently Asked Questions (FAQs)