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Belgrove Residences

WHY INVEST IN DUBAI?

Dubai is a global hotspot for innovation and growth, attracting the best talent and forward-thinkers. Dubai stands as the world's foremost hyper-connected, pro-business hub, seamlessly uniting east and west.

This vibrant city offers unparalleled access to the most dynamic economies, ensuring accelerated growth within a secure, future-forward network ecosystem. Dubai is where the future happens.

•          Dubai - your partner for accelerated growth

•          Hyper-connected crossroads to the world

•          Uniquely situated at the heart of north, south, east and west.

•          Unparalleled growth opportunities

•          Unrivalled access to the world’s highest potential economies.

•          Agile, efficient and future-focused

Thrive within a world-class legal and business framework.

The Dubai Economic Agenda 2033 (D33) aims to double the emirate’s economy in the next decade, fostering competitiveness, diversification and sustainability, and positioning Dubai as one of the top three cities across various parameters. It will attract global talent and investment, establishing Dubai as a leading destination for digital economy ventures. Priorities will include innovation, AI and technology, alongside efforts to diversify trade routes by creating Future Economic Corridors with emerging markets.

LOCATION:

MBR City is a new development area in Dubai, named after His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai. It is a high-end residential and commercial development project located in the heart of Dubai.

MBR City was first announced in 2013 as part of the Dubai Plan 2021, which aims to make Dubai one of the most livable and sustainable cities in the world. The development is spread over an area of 45 million square feet and is a combination of luxury residential properties, retail spaces, and world-class amenities.

One of the main advantages of investing in MBR City is its prime location, which is close to some of the most iconic landmarks in Dubai, including the Burj Khalifa, Dubai Mall, and Dubai Opera. The development also offers a wide range of world-class amenities, including retail spaces, restaurants, cafes, and leisure facilities.

Another advantage of investing in MBR City is its long-term potential for growth and appreciation, as the area is expected to become one of the most sought-after residential and commercial destinations in Dubai.

Some of the popular areas for buying property in MBR City include District One, Sobha Hartland, and Mohammed Bin Rashid Al Maktoum City — District Eleven, where The Watercrest by Ellington will be situated. These areas offer a wide range of luxurious properties with world-class facilities and amenities.

Additionally, the area is also expected to feature a wide range of cultural and entertainment venues, including museums, theaters, and art galleries.

Residents will benefit from the proximity to iconic landmarks such as the Meydan Racecourse, Meydan Golf, and Meydan One Mall. This prime location ensures easy access to major highways, making navigation throughout the city effortless.

Nearby Places:

05 Minutes - Meydan Hotel

10 Minutes - Ras Al Khor Wildlife Sanctuary

12 Minutes - DIFC

13 Minutes - Burj Khalifa

15 Minutes - Mall of the Emirates

20 Minutes - Dubai International Airport

ABOUT THE DEVELOPER:

Founded in 2014, Ellington Properties is Dubai’s leading design-led real estate developer and endeavours to craft beautiful Dubai properties and communities for high-quality lifestyles.

A truly customer-centric developer in the UAE real estate market, it develops beautiful residences in Dubai designed by incredible artistry and impeccable architecture. Its customers’ refined tastes inspire the developer to create compelling luxury properties that consistently transcend fashions and trends.

Every property is built on four key pillars which are change mindsets, establish credibility, evoke emotions and differentiation.

Believing homes hold a crucial role in building a quality lifestyle, Ellington prioritizes every step of the development process through a personalised approach from the concept to the final details. Offering warranty after hand-over guaranteed it’s a long-lasting commitment. Bespoke residences are an ideal fit for a refined lifestyle – built to inspire in all forms and sizes: Villas, Studios, 1 & 2 bedroom apartments.

As one of the finest real estate companies in Dubai, Ellington selects the most prestigious addresses in the city, where their communities can thrive.

Ellington’s properties are located in Mohammed Bin Rashid City (MBR), Downtown Dubai, Palm Jumeirah and the Jumeirah Village Circle (JVC). They include high-rise luxury residences and multi-family communities.

In 2018, the developer has successfully developed Belgravia Square, DT1 and Wilton Terraces which brought new meaning to Live In Design and Dubai real estate market. In 2019, the company have launched Wilton Park Residences, its newest project inspired by nature & green spaces.

ABOUT THE PROJECT:

Belgrove Residences at MBR City is a residential development by Ellington Properties with refined harmony of nature lined with 1, 2 & 3 bedroom apartments in Dubai. Discover a new benchmark in luxury living with architectural marvel inspired by the nature’s elegance, drawing inspiration from the flamingos. The high-rise 26-storey residential building comes with ground floor, four podium levels and rooftop, with angular and bevelled design serving as architectural landmark offering premium views of the Ras Al Khor Wildlife. The design emphasizes its aesthetic appeal and ensures that each residence within the façade offers breathtaking views of the nature and urban landscapes.

IMEX Real Estate specialists will always help you buy an apartment in this or any other project. Contact us via WhatsApp +971(50)5006869, and our online brokers will quickly find you exactly what you need.

Nestled within the vibrant Mohammed Bin Rashid City (MBR) in Dubai offers a prime centric destination blended with urban convenience and natural serenity. The locality is known for its visionary urban planning combining sophisticated living with access to vast green landscaped areas lined with leisure facilities. Residents can enjoy seamless access to the major highways making commutes and weekend gateways convenient. Whether you want the bustling city life or the tranquil landscapes, it places you at the centre of all, offering the best of both.

The building excellence is a true masterpiece of its architecture and design standing tall characterized by the beauty of nature. The façade is inspired by the gracefulness of flamingos, that symbolize its beauty, balance and innovation. Every aspect of the building is being meticulously planned from the grand exteriors to the details of each unit to offer unparalleled living experience for its residents. The elegant design is not just about its aesthetic pleasing architecture, but its reflection of the ratio, a principle deeply rooted in the philosophy connecting the lifestyle with nature.

The exquisite living spaces are designed for modern lifestyle, providing a lifestyle defined by sophistication and comfort. The interiors present a perfect amalgam of modern design and natural elements creating a functional and aesthetic pleasing environment. The living and dining areas are thoughtfully designed with an aim to offer spacious and comfortable settings for relaxation and entertainment. The floor to ceiling windows allows natural light to flood the space creating a warm and inviting ambience to chill all day. The bedroom offers a peaceful retreats ambience laced with modern wardrobes and elegant décor, where the large windows offers stunning surrounding views.

One of the captivate feature is its panoramic 360-degree views of the surrounding to experience the harmonious lifestyle. With access to a host of leisure facilities and amenities within the ground, residents can enjoy an unparalleled lifestyle. The thoughtfully leisure concept zone ensures something for everyone, from elegant lounges and flourishing gardens to the rooftop observatory offering stunning views. The pool deck offers its residents a refreshing retreat, while the rooftop amenities offers access to the clubhouse, observation deck, outdoor cinema and such to make memorable experience to be home.

AMENITIES:

The amenities at Belgrove Residences are developed within a dream-like space dedicated to you.

  • Rooftop Club Lounge

  • Leisure & Lounge Pool

  • Outdoor Silent Cinema

  • Cabanas & Baja Shelf

  • Picnic Pods & BBQ Area

  • Serene Gardens

  • Fitness Studio

  • Wellness Area

  • Yoga & Pilates

  • Steam & Sauna

  • Drop-off area

  • Arcade

  • Lounge

  • Kids Play Area

  • Retail Arcade

  • Juice Bar

INVESTMENT OPPORTUNITIES:

Property in Belgrove Residences is an excellent choice for investors. You can rent out the residence and receive a stable passive income. As of Q3 2024, the starting rental price of apartments in MBR City is AED 70,000 (USD 19,000) per annum, and ROI is 7%.

The developer offers a 70/30 payment plan, including a 20% deposit upon reservation.

Payment plan is designed to accommodate the financial needs of the prospective buyers. This flexible payment structure is designed to make purchasing a home accessible to a wide range of buyers, offering them the opportunity to invest in a premium property without the stress of a large upfront payment.

When purchasing a property worth AED 750,000 (USD 204,000), you can get a 2-year visa, and from AED 2 million (USD 545,000) - a 10-year Golden Visa. Both documents also apply to the spouse and children, and the second one also applies to staff.

IMEX Real Estate stays your reliable guide in the sphere of the USE’s real estate. Our contacts:

Tel.: +971(50)5006869 (Whatsapp, Viber, Telegram)

IMEX REAL ESTATE BROKER LLC

Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE

Email: pm@IMEXre.com

SALE
3,200,000
Ref.No: imex-5282366
3BR Apt
1,311 ft2
2,440 AED/ft2
SALE
2,000,000
Ref.No: imex-5282355
2BR Apt
1,124 ft2
1,779 AED/ft2
SALE
1,700,000
Ref.No: imex-5282344
1BR Apt
789 ft2
2,154 AED/ft2
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Call management
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management