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Studio · 343 sqftHanover Square, Jumeirah Village Circle (JVC) · 1st floor · completed 2015

HSC-121, Hanover Square

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSC-121 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 467K31 May 2009
Current rentAED 48K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSC-121, Hanover Square

What is HSC-121 worth today?

Last sold for AED 467,102 in 2009

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3 Oct 2025RentedRenewal
AED 48,000/yr12 months · AED 140 per sqft
3 Oct 2024RentedRenewal
AED 45,600/yr12 months · AED 133 per sqft
3 Oct 2023RentedNew contract
AED 42,000/yr12 months · AED 123 per sqft
1 Oct 2022RentedRenewal
AED 39,000/yr12 months · AED 114 per sqft
1 Oct 2021RentedNew contract
AED 39,000/yr12 months · AED 114 per sqft
2 Jan 2017RentedNew contract
AED 60,000/yr12 months · AED 175 per sqft
31 May 2009Sold by developerOff-plan
AED 467,102AED 1,362 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
Studio apartment
Size
343 sqft
Floor
1st of 4
Parking
B1-209
Developer
ACW Holding
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 467K · May 2009
Building
Hanover Square

About HSC-121, Hanover Square

HSC-121 is a studio of 343 sqft on the 1st floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. The developer sold it on 31 May 2009 for AED 467,102, or AED 1,362 per sqft, 19% above the AED 1,142 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 3 October 2025, is AED 48,000 a year: a gross yield of 10.3% on the 2009 price, before the service charge of about AED 7,600 a year.

Sales and rents for HSC-121 over time

Sales
Unit HSC-121, each saleTypical studio in Hanover Square
200K400K2009201420192024Typical sale price by year: 2009 AED 449,777; 2010 AED 454,324; 2014 AED 418,589; 2015 AED 431,194; 2016 AED 310,000; 2017 AED 320,000; 2018 AED 300,000; 2019 AED 215,000; 2020 AED 213,500; 2021 AED 222,049; 2022 AED 250,000; 2023 AED 305,000; 2024 AED 380,000; 2025 AED 405,000; 2026 AED 411,573Sold by developer, May 2009: AED 467,102 (AED 1,362 per sqft)

HSC-121 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit HSC-121, each contractTypical studio in Hanover Square
20K40K60K2016201920222025Typical rent by year: 2016 AED 19,980; 2017 AED 54,000; 2018 AED 51,000; 2019 AED 47,400; 2020 AED 23,000; 2021 AED 29,128; 2022 AED 30,000; 2023 AED 37,100; 2024 AED 42,000; 2025 AED 44,000; 2026 AED 40,000New contract, January 2017: AED 60,000 a yearNew contract, October 2021: AED 39,000 a yearRenewal, October 2022: AED 39,000 a yearNew contract, October 2023: AED 42,000 a yearRenewal, October 2024: AED 45,600 a yearRenewal, October 2025: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Hanover Square, and where HSC-121 sits

All 292 studios →

HSC-121 last sold in May 2009 at AED 1,362 per sqft, 19% above what studios in Hanover Square were fetching at the time (AED 1,142). Over the last 12 months studios sold for AED 375,000 to 510,119, around AED 951 per sqft, and rent for AED 29,600 to 65,000 a year. HSC-121's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2026400,000
9 Oct 2026435,000
28 Sep 2026405,000
17 Sep 2026405,000
37 studio sales in the last 12 months

Hanover Square

Building

415 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2015 by ACW Holding. 56 sold in the last 12 months.

Typical price per sqft
AED 906 Down 2.8%
Typical sale
AED 430K
Typical rent
AED 45K /yr
Typical yield
11.1%
Hanover Square, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 415 units in Hanover Square
Value
HSC-1012-bedAED 505K · May 2024
HSC-1021-bedAED 532K · May 2009
HSC-1032-bedAED 747K · May 2009
HSC-1041-bedAED 529K · Jul 2009
HSC-1052-bedAED 896K · May 2009
HSC-106StudioAED 281K · Aug 2023
HSC-107StudioAED 577K · May 2009
1–7 of 94

HSC-121, Hanover Square in numbers

  • Sold once: by ACW Holding on 31 May 2009 for AED 467,102, or AED 1,362 per sqft.
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 39,000 in 2022 and recovered to AED 48,000 by October 2025.
  • At AED 48,000 a year the gross yield on the 2009 price is 10.3%, before a service charge of about AED 7,600 a year (AED 22.26 per sqft).
  • Studios in Hanover Square sold for AED 375,000–510,119 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 3 October 2025.

Questions about HSC-121, Hanover Square

What did unit HSC-121 last sell for?

AED 467,102 on 31 May 2009, sold by the developer: AED 1,362 per sqft for 343 sqft. It is the only registered sale of the unit.

What is the rent for unit HSC-121?

AED 48,000 a year on the contract renewed on 3 October 2025. The previous contract, from October 2024, was AED 45,600; the unit has been rented since January 2017.

How big is unit HSC-121?

343 sqft (31.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2015.

What is unit HSC-121 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hanover Square sold for AED 375,000 to 510,119 in the last 12 months, around AED 951 per sqft.

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Mortgage on HSC-121, Hanover Square

Starts from the last sale price (AED 467K, 31 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 467,102
Deposit, UAE resident (20%)
AED 93,420
Deposit, non-resident (40%)
AED 186,841
Monthly over 25 years at 3.7%
AED 1,911

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →