408, Belmont Residences
Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Belmont Residences
What is 408 worth today?
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Source: Dubai Land Department. Updated 23 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,269 sqft
- Floor
- 4th of 5
- Parking
- 1
- Developer
- Ellington Properties Development
- Last sold
- AED 1.81M · February 2024
- Building
- Belmont Residences
About 408, Belmont Residences
408 is a two-bedroom apartment of 1,269 sqft on the 4th floor of Belmont Residences, a 5-storey tower in Jumeirah Village Triangle (JVT) by Ellington Properties Development . The developer sold it on 23 February 2024 for AED 1,813,828, or AED 1,429 per sqft, in line with the AED 1,400 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Belmont Residences, and where 408 sits
All 29 2-beds →408 last sold in February 2024 at AED 1,429 per sqft, in line with what two-beds in Belmont Residences were fetching at the time (AED 1,400). Over the last 12 months two-beds sold for AED 1,650,000 to 2,100,000, around AED 1,551 per sqft, and rent for AED 145,000 to 145,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,281 sqft | 2,100,000 | 1,639 | ||
| 2 Oct 20262 October 2026 | 1,140 sqft | 1,700,000 | 1,490 | ||
| 3 Sep 20263 September 2026 | 1,272 sqft | 2,050,000 | 1,612 | ||
| 9 Apr 20269 April 2026 | 1,269 sqft | 1,850,000 | 1,458 |
Belmont Residences
Building68 apartments, studios to 2-bed over 5 floors in Jumeirah Village Triangle (JVT) by Ellington Properties Development . 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,612
- Typical sale
- AED 1.85M
- Typical rent
- AED 114K /yr
- Typical yield
- 7.9%
Other units on the 4th floor
All 68 units in Belmont Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 761 sqft | AED 1.14MAED 1,140,828 · Sep 2023September 2023 | 90,000 /yr | |
| 402 | 1-bed | 825 sqft | AED 1.21MAED 1,212,828 · Sep 2023September 2023 | ||
| 403 | 2-bed | 1,225 sqft | AED 1.74MAED 1,740,828 · Sep 2023September 2023 | ||
| 404 | 2-bed | 1,288 sqft | AED 2.03MAED 2,025,000 · Oct 2025October 2025 | ||
| 405 | 2-bed | 1,140 sqft | AED 1.58MAED 1,579,828 · Sep 2023September 2023 | 145,000 /yr | |
| 406 | 1-bed | 734 sqft | AED 1.14MAED 1,138,828 · Mar 2024March 2024 | ||
| 407 | 1-bed | 802 sqft | AED 1.19MAED 1,192,828 · Aug 2023August 2023 | ||
| 409 | 2-bed | 1,149 sqft | AED 1.46MAED 1,458,828 · Oct 2023October 2023 | ||
| 410 | 1-bed | 777 sqft | AED 1.06MAED 1,063,828 · Sep 2023September 2023 | 113,925 /yr | |
| 411 | Studio | 415 sqft | AED 628KAED 627,828 · Aug 2023August 2023 | ||
| 412 | Studio | 654 sqft | AED 962KAED 961,828 · Aug 2023August 2023 | ||
| 413 | 1-bed | 829 sqft | AED 1.22MAED 1,216,828 · Sep 2025September 2025 | ||
| 414 | 2-bed | 1,181 sqft | AED 2.01MAED 2,006,828 · Dec 2024December 2024 |
408, Belmont Residences in numbers
- Sold once: by Ellington Properties Development on 23 February 2024 for AED 1,813,828, or AED 1,429 per sqft.
- Two-beds in Belmont Residences sold for AED 1,650,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,612 per sqft.
Source: Dubai Land Department. Updated 23 February 2024.
Questions about 408, Belmont Residences
What did unit 408 last sell for?
AED 1,813,828 on 23 February 2024, sold by the developer: AED 1,429 per sqft for 1,269 sqft. It is the only registered sale of the unit.
How big is unit 408?
1,269 sqft (117.9 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Belmont Residences sold for AED 1,650,000 to 2,100,000 in the last 12 months, around AED 1,551 per sqft.
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Mortgage on 408, Belmont Residences
Starts from the last sale price (AED 1.81M, 23 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,813,828
- Deposit, UAE resident (20%)
- AED 362,766
- Deposit, non-resident (40%)
- AED 725,531
- Monthly over 25 years at 3.7%
- AED 7,421
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →