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Studio · 401 sqftHanover Square, Jumeirah Village Circle (JVC) · 4th floor · completed 2015

HSC-406, Hanover Square

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSC-406 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 457K31 May 2009
Current rentAED 49K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSC-406, Hanover Square

What is HSC-406 worth today?

Last sold for AED 456,642 in 2009

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15 Dec 2025RentedRenewal
AED 48,600/yr12 months · AED 121 per sqft
15 Dec 2024RentedRenewal
AED 46,200/yr12 months · AED 115 per sqft
15 Dec 2023RentedRenewal
AED 42,000/yr12 months · AED 105 per sqft
15 Dec 2022RentedRenewal
AED 39,600/yr12 months · AED 99 per sqft
15 Dec 2021RentedNew contract
AED 39,600/yr12 months · AED 99 per sqft
31 May 2009Sold by developerOff-plan
AED 456,642AED 1,139 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
4th of 4
Parking
B2-432
Developer
ACW Holding
Completed
2015
Service charge
AED 8,900 /yr
Last sold
AED 457K · May 2009
Building
Hanover Square

About HSC-406, Hanover Square

HSC-406 is a studio of 401 sqft on the 4th 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 456,642, or AED 1,139 per sqft, in line with the AED 1,142 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 48,600 a year: a gross yield of 10.6% on the 2009 price, before the service charge of about AED 8,900 a year.

Sales and rents for HSC-406 over time

Sales
Unit HSC-406, 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 456,642 (AED 1,139 per sqft)

HSC-406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit HSC-406, 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 2021: AED 39,600 a yearRenewal, December 2022: AED 39,600 a yearRenewal, December 2023: AED 42,000 a yearRenewal, December 2024: AED 46,200 a yearRenewal, December 2025: AED 48,600 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-406 sits

All 292 studios →

HSC-406 last sold in May 2009 at AED 1,139 per sqft, in line with 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-406's AED 48,600 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 4th floor

All 415 units in Hanover Square
Value
HSC-4012-bedAED 1.43M · Sep 2009
HSC-4021-bedAED 476K · May 2016
HSC-4032-bedAED 1.47M · May 2009
HSC-404StudioAED 250K · Apr 2019
HSC-405StudioAED 457K · May 2009
HSC-407StudioAED 457K · May 2009
HSC-408StudioAED 449K · May 2009
1–7 of 77

HSC-406, Hanover Square in numbers

  • Sold once: by ACW Holding on 31 May 2009 for AED 456,642, or AED 1,139 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 39,600 to AED 48,600 a year.
  • At AED 48,600 a year the gross yield on the 2009 price is 10.6%, before a service charge of about AED 8,900 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 15 December 2025.

Questions about HSC-406, Hanover Square

What did unit HSC-406 last sell for?

AED 456,642 on 31 May 2009, sold by the developer: AED 1,139 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit HSC-406?

AED 48,600 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 46,200; the unit has been rented since December 2021.

How big is unit HSC-406?

401 sqft (37.3 sqm): a studio on the 4th floor of a 4-storey tower completed in 2015.

What is unit HSC-406 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-406, Hanover Square

Starts from the last sale price (AED 457K, 31 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 456,642
Deposit, UAE resident (20%)
AED 91,328
Deposit, non-resident (40%)
AED 182,657
Monthly over 25 years at 3.7%
AED 1,868

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