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2-bed · 1,020 sqftHanover Square, Jumeirah Village Circle (JVC) · 4th floor · completed 2015

HSN-406, Hanover Square

Sold prices and rental history: sold twice, last in June 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSN-406 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 977K24 June 2015
Current rentAED 57K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSN-406, Hanover Square

What is HSN-406 worth today?

Last sold for AED 976,664 in 2015

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15 Jun 2022RentedNew contract
AED 57,000/yr12 months · AED 48 per sqft
23 May 2021RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
24 Jun 2015SoldOff-plan
AED 976,664AED 957 per sqft
27 May 2009Sold by developerOff-plan
AED 976,664AED 822 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
2-bed apartment
Size
1,020 sqft
Floor
4th of 4
Parking
B2-410, G-14
Developer
ACW Holding
Completed
2015
Service charge
AED 22,700 /yr
Last sold
AED 977K · June 2015
Building
Hanover Square

About HSN-406, Hanover Square

HSN-406 is a two-bedroom apartment of 1,020 sqft on the 4th floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 24 June 2015 for AED 976,664, or AED 957 per sqft, in line with the AED 952 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 June 2022, is AED 57,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 22,700 a year.

Sales and rents for HSN-406 over time

Sales
Unit HSN-406, 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 976,664 (AED 822 per sqft)Sold, June 2015: AED 976,664 (AED 957 per sqft)

HSN-406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit HSN-406, 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, May 2021: AED 50,000 a yearNew contract, June 2022: AED 57,000 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-406 sits

All 48 2-beds →

HSN-406 last sold in June 2015 at AED 957 per sqft, in line with what two-beds in Hanover Square were fetching at the time (AED 952). 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-406's AED 57,000 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 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-406StudioAED 457K · May 2009
HSC-407StudioAED 457K · May 2009
1–7 of 77

HSN-406, Hanover Square in numbers

  • Sold twice: first on 27 May 2009 for AED 976,664, last on 24 June 2015 for AED 976,664 (AED 957 per sqft).
  • Rented since May 2021 on 2 Ejari contracts, from AED 50,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 22,700 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 15 June 2022.

Questions about HSN-406, Hanover Square

What did unit HSN-406 last sell for?

AED 976,664 on 24 June 2015: AED 957 per sqft for 1,020 sqft. The unit has 2 registered sales; the first was AED 976,664 in May 2009.

What is the rent for unit HSN-406?

AED 57,000 a year on the contract signed on 15 June 2022. The previous contract, from May 2021, was AED 50,000.

How big is unit HSN-406?

1,020 sqft (94.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2015.

What is unit HSN-406 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-406, Hanover Square

Starts from the last sale price (AED 977K, 24 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 976,664
Deposit, UAE resident (20%)
AED 195,333
Deposit, non-resident (40%)
AED 390,666
Monthly over 25 years at 3.7%
AED 3,996

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