1-bed · 651 sqftHanover Square, Jumeirah Village Circle (JVC) · 3rd floor · completed 2015

HSC-316A, Hanover Square

Sold prices and rental history: sold 3 times, last in November 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSC-316A · DLD and Ejari recordsUpdated 20 July 2019
Last soldAED 680K4 November 2014
Current rentAED 66K /yr20 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for HSC-316A, Hanover Square

What is HSC-316A worth today?

Last sold for AED 680,000 in 2014

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20 Jul 2019RentedRenewal
AED 66,000/yr12 months · AED 101 per sqft
20 Jul 2018RentedRenewal
AED 78,000/yr12 months · AED 120 per sqft
20 Jul 2017RentedNew contract
AED 78,000/yr12 months · AED 120 per sqft
4 Nov 2014SoldOff-plan
AED 680,000AED 1,044 per sqft
10 Feb 2014SoldOff-plan
AED 549,760AED 844 per sqft
5 Jul 2011Sold by developerOff-plan
AED 798,804AED 1,226 per sqft

Source: Dubai Land Department. Updated 20 July 2019.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
3rd of 4
Parking
B2-341
Developer
ACW Holding
Completed
2015
Service charge
AED 14,500 /yr
Last sold
AED 680K · November 2014

About HSC-316A, Hanover Square

HSC-316A is a one-bedroom apartment of 651 sqft on the 3rd floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 4 November 2014 for AED 680,000, or AED 1,044 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 20 July 2019, is AED 66,000 a year: a gross yield of 9.7% on the 2014 price, before the service charge of about AED 14,500 a year.

Sales and rents for HSC-316A over time

Sales
Unit HSC-316A, each saleTypical one-bed in Hanover Square
250K500K750K2009201420192024Typical 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, July 2011: AED 798,804 (AED 1,226 per sqft)Sold, February 2014: AED 549,760 (AED 844 per sqft)Sold, November 2014: AED 680,000 (AED 1,044 per sqft)

HSC-316A has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit HSC-316A, 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, July 2017: AED 78,000 a yearRenewal, July 2018: AED 78,000 a yearRenewal, July 2019: AED 66,000 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-316A sits

All 75 1-beds →

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-316A's AED 66,000 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 3rd floor

All 415 units in Hanover Square
Value
HSC-3012-bedAED 898K · May 2009
HSC-3021-bedAED 532K · Jun 2009
HSC-3032-bedAED 650K · Jul 2014
HSC-3041-bedAED 529K · May 2009
HSC-3052-bedAED 868K · May 2009
HSC-306StudioAED 459K · May 2009
HSC-307StudioAED 265K · Oct 2022
1–7 of 90

HSC-316A, Hanover Square in numbers

  • Sold 3 times: first on 5 July 2011 for AED 798,804, last on 4 November 2014 for AED 680,000 (AED 1,044 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 78,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2014 price is 9.7%, before a service charge of about AED 14,500 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 20 July 2019.

Questions about HSC-316A, Hanover Square

What did unit HSC-316A last sell for?

AED 680,000 on 4 November 2014: AED 1,044 per sqft for 651 sqft. The unit has 3 registered sales; the first was AED 798,804 in July 2011.

What is the rent for unit HSC-316A?

AED 66,000 a year on the contract renewed on 20 July 2019. The previous contract, from July 2018, was AED 78,000; the unit has been rented since July 2017.

How big is unit HSC-316A?

651 sqft (60.5 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2015.

What is unit HSC-316A 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-316A, Hanover Square

Starts from the last sale price (AED 680K, 4 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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