1-bed · 484 sqftHanover Square, Jumeirah Village Circle (JVC) · 2nd floor · completed 2015

HSC-204, Hanover Square

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSC-204 · DLD and Ejari recordsUpdated 21 November 2022
Last soldAED 315K21 November 2022
Current rentAED 48K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for HSC-204, Hanover Square

What is HSC-204 worth today?

Last sold for AED 314,500 in 2022

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21 Nov 2022SoldReady
AED 314,500AED 650 per sqft
5 Nov 2022RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
1 Nov 2021RentedRenewal
AED 48,000/yr12 months · AED 99 per sqft
1 Nov 2020RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
1 Jan 2016RentedNew contract
AED 83,940/yr12 months · AED 174 per sqft
16 Jun 2009Sold by developerOff-plan
AED 605,589AED 1,251 per sqft

Source: Dubai Land Department. Updated 21 November 2022.

Key facts

Type
1-bed apartment
Size
484 sqft
Floor
2nd of 4
Parking
B1-218
Developer
ACW Holding
Completed
2015
Service charge
AED 10,800 /yr
Last sold
AED 315K · November 2022

About HSC-204, Hanover Square

HSC-204 is a one-bedroom apartment of 484 sqft on the 2nd floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 21 November 2022 for AED 314,500, or AED 650 per sqft, 6% above the AED 615 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 5 November 2022, is AED 48,000 a year: a gross yield of 15.3% on the 2022 price, before the service charge of about AED 10,800 a year.

Sales and rents for HSC-204 over time

Sales
Unit HSC-204, each saleTypical one-bed in Hanover Square
400K600K800K2009201420192024Typical sale price by year: 2009 AED 727,262; 2015 AED 463,136; 2016 AED 505,448; 2021 AED 305,000; 2022 AED 435,000; 2023 AED 500,000; 2024 AED 557,500; 2025 AED 600,000; 2026 AED 670,000Sold by developer, June 2009: AED 605,589 (AED 1,251 per sqft)Sold, November 2022: AED 314,500 (AED 650 per sqft)

HSC-204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit HSC-204, each contractTypical one-bed in Hanover Square
25K50K75K2016201920222025Typical rent by year: 2016 AED 31,980; 2017 AED 75,000; 2019 AED 66,000; 2020 AED 39,000; 2021 AED 37,000; 2022 AED 41,000; 2023 AED 50,200; 2024 AED 55,100; 2025 AED 58,000; 2026 AED 60,000New contract, January 2016: AED 83,940 a yearNew contract, November 2020: AED 48,000 a yearRenewal, November 2021: AED 48,000 a yearNew contract, November 2022: AED 48,000 a year

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

1-beds in Hanover Square, and where HSC-204 sits

All 75 1-beds →

HSC-204 last sold in November 2022 at AED 650 per sqft, 6% above what one-beds in Hanover Square were fetching at the time (AED 615). Over the last 12 months one-beds sold for AED 530,000 to 760,000, around AED 881 per sqft, and rent for AED 45,000 to 87,500 a year. HSC-204's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20266,266
10 Aug 202637,032
7 Aug 202645,614
17 Jul 202640,960
12 1-bed 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 2nd floor

All 415 units in Hanover Square
Value
HSC-2012-bedAED 800K · Jun 2016
HSC-2021-bedAED 511K · May 2009
HSC-2032-bedAED 724K · May 2009
HSC-2052-bedAED 522K · Oct 2015
HSC-206StudioAED 587K · Jun 2009
HSC-207StudioAED 459K · Jun 2009
HSC-208StudioAED 459K · Jun 2009
1–7 of 90

HSC-204, Hanover Square in numbers

  • Sold twice: first on 16 June 2009 for AED 605,589, last on 21 November 2022 for AED 314,500 (AED 650 per sqft).
  • Rented since January 2016 on 4 Ejari contracts, from AED 83,940 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 15.3%, before a service charge of about AED 10,800 a year (AED 22.26 per sqft).
  • One-beds in Hanover Square sold for AED 530,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 21 November 2022.

Questions about HSC-204, Hanover Square

What did unit HSC-204 last sell for?

AED 314,500 on 21 November 2022: AED 650 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 605,589 in June 2009.

What is the rent for unit HSC-204?

AED 48,000 a year on the contract signed on 5 November 2022. The previous contract, from November 2021, was AED 48,000; the unit has been rented since January 2016.

How big is unit HSC-204?

484 sqft (45.0 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2015.

What is unit HSC-204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hanover Square sold for AED 530,000 to 760,000 in the last 12 months, around AED 881 per sqft.

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Mortgage on HSC-204, Hanover Square

Starts from the last sale price (AED 315K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 314,500
Deposit, UAE resident (20%)
AED 62,900
Deposit, non-resident (40%)
AED 125,800
Monthly over 25 years at 3.7%
AED 1,287

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