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Studio · 353 sqftHanover Square, Jumeirah Village Circle (JVC) · 2nd floor · completed 2015

HSN-226, Hanover Square

Sold prices and rental history: sold 6 times, last in August 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSN-226 · DLD and Ejari recordsUpdated 2 August 2024
Last soldAED 380K2 August 2024
Current rentAED 40K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSN-226, Hanover Square

What is HSN-226 worth today?

Last sold for AED 380,000 in 2024

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2 Aug 2024SoldReady
AED 380,000AED 1,076 per sqft
20 Jul 2024RentedRenewal
AED 39,600/yr12 months · AED 111 per sqft
20 Jul 2023RentedNew contract
AED 36,000/yr12 months · AED 101 per sqft
18 Apr 2023SoldReady
AED 305,000AED 863 per sqft
1 Jan 2016RentedNew contract
AED 59,940/yr12 months · AED 170 per sqft
3 Sep 2014SoldOff-plan
AED 400,000AED 1,132 per sqft
1 Jul 2014SoldOff-plan
AED 421,031AED 1,192 per sqft
29 Jun 2014SoldOff-plan
AED 421,032AED 1,192 per sqft

Source: Dubai Land Department. Updated 2 August 2024.

Key facts

Type
Studio apartment
Size
353 sqft
Floor
2nd of 4
Parking
B2-359
Developer
ACW Holding
Completed
2015
Service charge
AED 7,900 /yr
Last sold
AED 380K · August 2024
Building
Hanover Square

About HSN-226, Hanover Square

HSN-226 is a studio of 353 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 2 August 2024 for AED 380,000, or AED 1,076 per sqft, 29% above the AED 834 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 39,600 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for HSN-226 over time

Sales
Unit HSN-226, 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 421,031 (AED 1,192 per sqft)Sold, June 2014: AED 421,032 (AED 1,192 per sqft)Sold, July 2014: AED 421,031 (AED 1,192 per sqft)Sold, September 2014: AED 400,000 (AED 1,132 per sqft)Sold, April 2023: AED 305,000 (AED 863 per sqft)Sold, August 2024: AED 380,000 (AED 1,076 per sqft)

HSN-226 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit HSN-226, 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, January 2016: AED 59,940 a yearNew contract, July 2023: AED 36,000 a yearRenewal, July 2024: AED 39,600 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 HSN-226 sits

All 292 studios →

HSN-226 last sold in August 2024 at AED 1,076 per sqft, 29% above what studios in Hanover Square were fetching at the time (AED 834). 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-226's AED 39,600 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 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-226, Hanover Square in numbers

  • Sold 6 times: first on 7 June 2009 for AED 421,031, last on 2 August 2024 for AED 380,000 (AED 1,076 per sqft).
  • Rented since January 2016 on 3 Ejari contracts, from AED 59,940 to AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 7,900 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 2 August 2024.

Questions about HSN-226, Hanover Square

What did unit HSN-226 last sell for?

AED 380,000 on 2 August 2024: AED 1,076 per sqft for 353 sqft. The unit has 6 registered sales; the first was AED 421,031 in June 2009.

What is the rent for unit HSN-226?

AED 39,600 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 36,000; the unit has been rented since January 2016.

How big is unit HSN-226?

353 sqft (32.8 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2015.

What is unit HSN-226 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-226, Hanover Square

Starts from the last sale price (AED 380K, 2 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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