Belgrove Residences Ellington — Off‑plan 1–3BR Apartments in Meydan Dubai


Belgrove Residences

Belgrove Residences

Meydan, Dubai
Exchange rate
Developer
Ellington
Project Type
Apartment
Project Status
Off-plan
Handover Date
30/09/2027
Payment Plan
20/50/30
Starting Price (AED)
1,685,000 AED
Average Estimated Annual Rent (AED)
72,000 AED
Average Service Charges (AED/Year)
6,000 AED
Estimated ROI (%)
3.91%
Rental Yield (%)
4.27%
Capital Appreciation (5 Years) (%)
18%
Investment Duration (Years)
5
📊 Profit Projection (5 years)
Overview
Total Rental Income
360,000 AED
Net Rental Income After Charges
330,000 AED
Capital Appreciation
303,300 AED
Total Estimated Profit
633,000 AED
Total ROI
37.57%

Why Invest

– Ellington branded quality in Meydan — attractive for buy‑to‑let and owner‑occupiers seeking modern finishes and community lifestyle. Flexible 20/50/30 payment plan reduces upfront capital pressure and supports investor cashflow during construction.
– Combination of relatively accessible entry price (for a premium developer), solid rental demand in Meydan and potential mid‑teens capital appreciation over five years makes Belgrove suitable for medium‑term hold strategies.
Key Highlights
– Prime Meydan address with contemporary Ellington design, high‑quality finishes and resort‑style amenities (gym, pool, landscaped gardens, family areas).
– Single‑building boutique offering with unit sizes tuned to families and professionals (1–3 BR).
Nearby Amenities
Meydan Racecourse within minutes;
Easy access to major shopping and entertainment;
Dubai Mall / Downtown approx. 15 minutes;
Dubai International Airport ~20 minutes.
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These estimates are indicative and based on developer-supplied information and local rental data. Market conditions, location and developer performance can change over time; primary sources include Property Finder and Bayut. If you are an investor or end user and need a consultation, please contact us through the below form. Brokers interested in joining our community may visit Subscription Plans.
Calculation Parameters for 5‑Year Investment Estimates

The 5‑year estimates are calculated using a consistent set of inputs so investors and brokers can compare projects fairly: assumed purchase price (starting/listing price), achievable annual rent, and annual service charges; operating deductions including property management fee (typically 8–12% of rent), a vacancy allowance, and routine maintenance or small CapEx; gross rental yield (rent ÷ purchase price) and net rental yield (after operating costs); capital appreciation scenarios over five years (conservative/base/optimistic) applied to the purchase price; exit costs (sales commissions, transfer or miscellaneous selling fees) deducted from the capital gain; five‑year aggregated net rental cashflow (annual net ×5) plus net capital gain to produce an estimated 5‑year profit; and optional financing assumptions (mortgage interest, down payment, loan fees) only when explicitly modelled. GoDubai Estate Group also flag key risks that alter outcomes: market cyclicality, developer/delivery risk, high service charges or unexpected major CapEx, prolonged vacancy, and transaction/friction costs. All figures are illustrative and should be validated with up‑to‑date market comps, exact unit specifications, and any financing terms before investment decisions.

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