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Studio · 398 sqftHanover Square, Jumeirah Village Circle (JVC) · 1st floor · completed 2015

HSN-123, Hanover Square

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSN-123 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 433K22 June 2009
Current rentAED 38K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSN-123, Hanover Square

What is HSN-123 worth today?

Last sold for AED 433,486 in 2009

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15 Jul 2026RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
19 Oct 2024RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
1 Oct 2022RentedNew contract
AED 29,000/yr12 months · AED 73 per sqft
22 Jun 2009Sold by developerOff-plan
AED 433,486AED 1,088 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
1st of 4
Parking
B1-180
Developer
ACW Holding
Completed
2015
Service charge
AED 8,900 /yr
Last sold
AED 433K · June 2009
Building
Hanover Square

About HSN-123, Hanover Square

HSN-123 is a studio of 398 sqft on the 1st floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. The developer sold it on 22 June 2009 for AED 433,486, or AED 1,088 per sqft, in line with the AED 1,117 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 July 2026, is AED 38,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 8,900 a year.

Sales and rents for HSN-123 over time

Sales
Unit HSN-123, 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, June 2009: AED 433,486 (AED 1,088 per sqft)

HSN-123 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit HSN-123, 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, October 2022: AED 29,000 a yearNew contract, October 2024: AED 36,000 a yearNew contract, July 2026: AED 38,000 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 HSN-123 sits

All 292 studios →

HSN-123 last sold in June 2009 at AED 1,088 per sqft, in line with what studios in Hanover Square were fetching at the time (AED 1,117). 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. HSN-123's AED 38,000 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 1st floor

All 415 units in Hanover Square
Value
HSC-1012-bedAED 505K · May 2024
HSC-1021-bedAED 532K · May 2009
HSC-1032-bedAED 747K · May 2009
HSC-1041-bedAED 529K · Jul 2009
HSC-1052-bedAED 896K · May 2009
HSC-106StudioAED 281K · Aug 2023
HSC-107StudioAED 577K · May 2009
1–7 of 94

HSN-123, Hanover Square in numbers

  • Sold once: by ACW Holding on 22 June 2009 for AED 433,486, or AED 1,088 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 29,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2009 price is 8.8%, 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 July 2026.

Questions about HSN-123, Hanover Square

What did unit HSN-123 last sell for?

AED 433,486 on 22 June 2009, sold by the developer: AED 1,088 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit HSN-123?

AED 38,000 a year on the contract signed on 15 July 2026. The previous contract, from October 2024, was AED 36,000; the unit has been rented since October 2022.

How big is unit HSN-123?

398 sqft (37.0 sqm): a studio on the 1st floor of a 4-storey tower completed in 2015.

What is unit HSN-123 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 HSN-123, Hanover Square

Starts from the last sale price (AED 433K, 22 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 433,486
Deposit, UAE resident (20%)
AED 86,697
Deposit, non-resident (40%)
AED 173,394
Monthly over 25 years at 3.7%
AED 1,774

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