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2-bed · 482 sqftHanover Square, Jumeirah Village Circle (JVC) · 2nd floor · completed 2015

HSN-209, Hanover Square

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSN-209 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 250K27 October 2023
Current rentAED 82K /yr13 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSN-209, Hanover Square

What is HSN-209 worth today?

Last sold for AED 250,000 in 2023

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13 Sep 2024RentedNew contract
AED 82,000/yr12 months · AED 85 per sqft
7 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
27 Oct 2023SoldReady
AED 250,000AED 518 per sqft
24 Oct 2023SoldReady
AED 250,000AED 518 per sqft
1 Mar 2022RentedNew contract
AED 42,000/yr12 months · AED 44 per sqft
1 Jan 2016RentedNew contract
AED 45,180/yr36 months · AED 47 per sqft
27 May 2009Sold by developerOff-plan
AED 985,000AED 1,022 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
2-bed apartment
Size
482 sqft
Floor
2nd of 4
Parking
B1-193
Developer
ACW Holding
Completed
2015
Service charge
AED 10,700 /yr
Last sold
AED 250K · October 2023
Building
Hanover Square

About HSN-209, Hanover Square

HSN-209 is a two-bedroom apartment of 482 sqft on the 2nd floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 27 October 2023 for AED 250,000, or AED 518 per sqft, in line with the AED 517 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 13 September 2024, is AED 82,000 a year: a gross yield of 32.8% on the 2023 price, before the service charge of about AED 10,700 a year.

Sales and rents for HSN-209 over time

Sales
Unit HSN-209, 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, May 2009: AED 985,000 (AED 1,022 per sqft)Sold, October 2023: AED 250,000 (AED 518 per sqft)Sold, October 2023: AED 250,000 (AED 518 per sqft)

HSN-209 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit HSN-209, each contractTypical two-bed in Hanover Square
40K60K80K2016201920222025Typical 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 45,180 a yearNew contract, March 2022: AED 42,000 a yearNew contract, November 2023: AED 75,000 a yearNew contract, September 2024: AED 82,000 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 HSN-209 sits

All 48 2-beds →

HSN-209 last sold in October 2023 at AED 518 per sqft, in line with what two-beds in Hanover Square were fetching at the time (AED 517). 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. HSN-209's AED 82,000 is in the lower half 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 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

HSN-209, Hanover Square in numbers

  • Sold 3 times: first on 27 May 2009 for AED 985,000, last on 27 October 2023 for AED 250,000 (AED 518 per sqft).
  • Rented since January 2016 on 4 Ejari contracts, from AED 45,180 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2023 price is 32.8%, before a service charge of about AED 10,700 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 13 September 2024.

Questions about HSN-209, Hanover Square

What did unit HSN-209 last sell for?

AED 250,000 on 27 October 2023: AED 518 per sqft for 482 sqft. The unit has 3 registered sales; the first was AED 985,000 in May 2009.

What is the rent for unit HSN-209?

AED 82,000 a year on the contract signed on 13 September 2024. The previous contract, from November 2023, was AED 75,000; the unit has been rented since January 2016.

How big is unit HSN-209?

482 sqft (44.8 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2015.

What is unit HSN-209 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 HSN-209, Hanover Square

Starts from the last sale price (AED 250K, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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