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Studio · 343 sqftHanover Square, Jumeirah Village Circle (JVC) · 2nd floor · completed 2015

HSC-221, 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-221 · DLD and Ejari recordsUpdated 4 November 2025
Last soldAED 443K31 May 2009
Current rentAED 45K /yr4 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSC-221, Hanover Square

What is HSC-221 worth today?

Last sold for AED 443,326 in 2009

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4 Nov 2025RentedRenewal
AED 45,000/yr12 months · AED 131 per sqft
4 Nov 2024RentedRenewal
AED 42,000/yr12 months · AED 123 per sqft
4 Nov 2023RentedRenewal
AED 38,400/yr12 months · AED 112 per sqft
4 Nov 2022RentedRenewal
AED 34,800/yr12 months · AED 102 per sqft
4 Nov 2021RentedNew contract
AED 34,800/yr12 months · AED 102 per sqft
2 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 88 per sqft
5 Aug 2018RentedNew contract
AED 51,600/yr12 months · AED 151 per sqft
1 Dec 2017RentedNew contract
AED 59,400/yr12 months · AED 173 per sqft

Source: Dubai Land Department. Updated 4 November 2025.

Key facts

Type
Studio apartment
Size
343 sqft
Floor
2nd of 4
Parking
B2-249
Developer
ACW Holding
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 443K · May 2009
Building
Hanover Square

About HSC-221, Hanover Square

HSC-221 is a studio of 343 sqft on the 2nd 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 443,326, or AED 1,293 per sqft, 13% above the AED 1,142 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 4 November 2025, is AED 45,000 a year: a gross yield of 10.2% on the 2009 price, before the service charge of about AED 7,600 a year.

Sales and rents for HSC-221 over time

Sales
Unit HSC-221, 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 443,326 (AED 1,293 per sqft)

HSC-221 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit HSC-221, 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, December 2017: AED 59,400 a yearNew contract, August 2018: AED 51,600 a yearNew contract, November 2020: AED 30,000 a yearNew contract, November 2021: AED 34,800 a yearRenewal, November 2022: AED 34,800 a yearRenewal, November 2023: AED 38,400 a yearRenewal, November 2024: AED 42,000 a yearRenewal, November 2025: AED 45,000 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-221 sits

All 292 studios →

HSC-221 last sold in May 2009 at AED 1,293 per sqft, 13% 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-221's AED 45,000 is in the lower 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 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-2041-bedAED 315K · Nov 2022
HSC-2052-bedAED 522K · Oct 2015
HSC-206StudioAED 587K · Jun 2009
HSC-207StudioAED 459K · Jun 2009
1–7 of 90

HSC-221, Hanover Square in numbers

  • Sold once: by ACW Holding on 31 May 2009 for AED 443,326, or AED 1,293 per sqft.
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 59,400 to AED 30,000 in 2020 and recovered to AED 45,000 by November 2025.
  • At AED 45,000 a year the gross yield on the 2009 price is 10.2%, 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 4 November 2025.

Questions about HSC-221, Hanover Square

What did unit HSC-221 last sell for?

AED 443,326 on 31 May 2009, sold by the developer: AED 1,293 per sqft for 343 sqft. It is the only registered sale of the unit.

What is the rent for unit HSC-221?

AED 45,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 42,000; the unit has been rented since December 2017.

How big is unit HSC-221?

343 sqft (31.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2015.

What is unit HSC-221 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-221, Hanover Square

Starts from the last sale price (AED 443K, 31 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 443,326
Deposit, UAE resident (20%)
AED 88,665
Deposit, non-resident (40%)
AED 177,330
Monthly over 25 years at 3.7%
AED 1,814

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