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2-bed · 994 sqftHanover Square, Jumeirah Village Circle (JVC) · Ground floor · completed 2015

HSC-G23, Hanover Square

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSC-G23 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 610K2 June 2015
Current rentAED 64K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSC-G23, Hanover Square

What is HSC-G23 worth today?

Last sold for AED 609,935 in 2015

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1 Sep 2021RentedRenewal
AED 63,692/yr13 months · AED 64 per sqft
1 Aug 2020RentedNew contract
AED 66,462/yr13 months · AED 67 per sqft
1 Aug 2019RentedNew contract
AED 81,600/yr12 months · AED 82 per sqft
1 Jan 2016RentedNew contract
AED 135,540/yr12 months · AED 136 per sqft
2 Jun 2015Sold by developerOff-plan
AED 609,935AED 613 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
2-bed apartment
Size
994 sqft
Floor
Ground of 4
Parking
B1-34
Developer
ACW Holding
Completed
2015
Service charge
AED 22,100 /yr
Last sold
AED 610K · June 2015
Building
Hanover Square

About HSC-G23, Hanover Square

HSC-G23 is a two-bedroom apartment of 994 sqft on the ground floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. The developer sold it on 2 June 2015 for AED 609,935, or AED 613 per sqft, 27% below the AED 835 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 63,692 a year: a gross yield of 10.4% on the 2015 price, before the service charge of about AED 22,100 a year.

Sales and rents for HSC-G23 over time

Sales
Unit HSC-G23, each saleTypical two-bed in Hanover Square
500K1M2009201420192024Typical sale price by year: 2009 AED 954,601; 2014 AED 879,836; 2015 AED 753,734; 2016 AED 798,097; 2021 AED 500,000; 2022 AED 637,500; 2023 AED 697,500; 2024 AED 798,000; 2025 AED 900,000; 2026 AED 1,150,000Sold by developer, June 2015: AED 609,935 (AED 613 per sqft)

HSC-G23 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit HSC-G23, each contractTypical two-bed in Hanover Square
50K100K150K2016201920222025Typical rent by year: 2016 AED 45,180; 2019 AED 83,400; 2020 AED 63,000; 2021 AED 63,000; 2022 AED 60,000; 2023 AED 75,000; 2024 AED 81,600; 2025 AED 85,000; 2026 AED 81,600New contract, January 2016: AED 135,540 a yearNew contract, August 2019: AED 81,600 a yearNew contract, August 2020: AED 66,462 a yearRenewal, September 2021: AED 63,692 a year

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

2-beds in Hanover Square, and where HSC-G23 sits

All 48 2-beds →

HSC-G23 last sold in June 2015 at AED 613 per sqft, 27% below what two-beds in Hanover Square were fetching at the time (AED 835). Over the last 12 months two-beds sold for AED 909,604 to 1,190,000, around AED 780 per sqft, and rent for AED 69,600 to 115,000 a year. HSC-G23's AED 63,692 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Aug 2026909,604
8 May 20261,022,020
2 Feb 20261,150,000
29 Jan 20261,190,000
7 2-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 ground floor

All 415 units in Hanover Square
Value
HSC-G01StudioAED 445K · May 2009
HSC-G02StudioAED 498K · May 2009
HSC-G03StudioAED 445K · Jun 2009
HSC-G04StudioAED 540K · Jun 2009
HSC-G05StudioAED 460K · Jun 2025
HSC-G06StudioAED 450K · Jun 2009
HSC-G07StudioAED 545K · May 2009
1–7 of 59

HSC-G23, Hanover Square in numbers

  • Sold once: by ACW Holding on 2 June 2015 for AED 609,935, or AED 613 per sqft.
  • Rented since January 2016 on 4 Ejari contracts, from AED 135,540 to AED 63,692 a year.
  • At AED 63,692 a year the gross yield on the 2015 price is 10.4%, before a service charge of about AED 22,100 a year (AED 22.26 per sqft).
  • Two-beds in Hanover Square sold for AED 909,604–1,190,000 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 1 September 2021.

Questions about HSC-G23, Hanover Square

What did unit HSC-G23 last sell for?

AED 609,935 on 2 June 2015, sold by the developer: AED 613 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit HSC-G23?

AED 63,692 a year on the contract renewed on 1 September 2021. The previous contract, from August 2020, was AED 66,462; the unit has been rented since January 2016.

How big is unit HSC-G23?

994 sqft (92.3 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2015.

What is unit HSC-G23 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hanover Square sold for AED 909,604 to 1,190,000 in the last 12 months, around AED 780 per sqft.

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Mortgage on HSC-G23, Hanover Square

Starts from the last sale price (AED 610K, 2 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 609,935
Deposit, UAE resident (20%)
AED 121,987
Deposit, non-resident (40%)
AED 243,974
Monthly over 25 years at 3.7%
AED 2,495

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