Belgravia 2 - Jumeirah Village Circle  

Belgravia 2 is a low-rise residential development in JVC by Ellington Properties. This project consists of studios, 1, 2, & 3 bedroom apartments, as well as townhouses. Delivery is expected in Q4 2018.

Master Community: Jumeirah Village Circle
Property Types Available: Townhouses, Apartments
Location: Mohammad Bin Zayed Road, Al Khail Road, Hessa Street
Year Launched: 2016
Estimated Completion Date: August 2018
Developer: Ellington Properties
Contractor: Sobha Contracting
Title Type: Freehold
Quality Classification: Mid-end
Height Classification: Low-rise
Life Cycle: Launch Stage
Special Classification: Residential Building
Proposed Townhouses: 20
Proposed Apartments: 188
Floors: 5
Maintenance Fee: 14

Lookup.ae reports prices and transactional information for Jumeirah Village Circle

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About Belgravia 2

Belgravia 2 is a low rise development located in JVC.

- Ellington Properties has launched this project after successfully selling out Belgravia, its first development in JVC.

- The project was formally launched for sales in December 2016.

- As of December 14, 2016, the contracter, Sohba, is already on site.

- Service charges are expected to be approximately AED 12-14 PSF.

- Handovers are scheduled for Q4 of 2018.

- Belgravia 2 is a G+P+4 residential building with studios, 1, 2, and 3 bedroom apartments, as well as townhouses.

- The developer is offering units for sale on a 50-50 payment plan (50% during construction & 50% upon handover).

Payment Plan

- 10% Down Payment

- 5% 60 days after reservation date

- 5% 120 days after reservation date

- 5% Upon 20% construction completion

- 5% Upon 30% construction completion

- 5% Upon 40% construction completion

- 5% Upon 50% construction completion

- 5% Upon 60% construction completion

- 5% Upon 70% construction completion

- 50% Upon Handover (Dec 2018)

Prices

- Studios: AED 450,000 - 600,000

- 1 Bed: AED 790,000 - 1,000,000

- 2 Bed: AED 1,200,000 - 1,500,000

- 3 Bed: AED 1,500,000 - 2,000,000

- Townhouse: AED 2,000,000 - 2,500,000

Project Completion Status (as per DLD): 20.02% (as of May 10, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 792

Project Number: 1821

Real Estate Developer: Ellington Properties

Trust Account Number: 022-000786024

Account Trustee Name: Al Hilal Bank

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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