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Studio · 559 sqftHanover Square, Jumeirah Village Circle (JVC) · Ground floor · completed 2015

HSN-G02, Hanover Square

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSN-G02 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 297K25 August 2022
Current rentAED 32K /yr22 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSN-G02, Hanover Square

What is HSN-G02 worth today?

Last sold for AED 296,700 in 2022

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22 Dec 2022RentedNew contract
AED 32,000/yr12 months · AED 57 per sqft
25 Aug 2022SoldReady
AED 296,700AED 531 per sqft
14 Dec 2021RentedNew contract
AED 27,000/yr12 months · AED 48 per sqft
15 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 41 per sqft
1 Jan 2016RentedNew contract
AED 23,980/yr36 months · AED 43 per sqft
8 Jun 2009Sold by developerOff-plan
AED 433,648AED 776 per sqft

Source: Dubai Land Department. Updated 22 December 2022.

Key facts

Type
Studio apartment
Size
559 sqft
Floor
Ground of 4
Parking
B1-122
Developer
ACW Holding
Completed
2015
Service charge
AED 12,400 /yr
Last sold
AED 297K · August 2022
Building
Hanover Square

About HSN-G02, Hanover Square

HSN-G02 is a studio of 559 sqft on the ground floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 25 August 2022 for AED 296,700, or AED 531 per sqft, 8% below the AED 576 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 22 December 2022, is AED 32,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 12,400 a year.

Sales and rents for HSN-G02 over time

Sales
Unit HSN-G02, 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 433,648 (AED 776 per sqft)Sold, August 2022: AED 296,700 (AED 531 per sqft)

HSN-G02 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit HSN-G02, 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 23,980 a yearNew contract, October 2020: AED 23,000 a yearNew contract, December 2021: AED 27,000 a yearNew contract, December 2022: AED 32,000 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-G02 sits

All 292 studios →

HSN-G02 last sold in August 2022 at AED 531 per sqft, 8% below what studios in Hanover Square were fetching at the time (AED 576). 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-G02's AED 32,000 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 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

HSN-G02, Hanover Square in numbers

  • Sold twice: first on 8 June 2009 for AED 433,648, last on 25 August 2022 for AED 296,700 (AED 531 per sqft).
  • Rented since January 2016 on 4 Ejari contracts, from AED 23,980 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 12,400 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 22 December 2022.

Questions about HSN-G02, Hanover Square

What did unit HSN-G02 last sell for?

AED 296,700 on 25 August 2022: AED 531 per sqft for 559 sqft. The unit has 2 registered sales; the first was AED 433,648 in June 2009.

What is the rent for unit HSN-G02?

AED 32,000 a year on the contract signed on 22 December 2022. The previous contract, from December 2021, was AED 27,000; the unit has been rented since January 2016.

How big is unit HSN-G02?

559 sqft (51.9 sqm): a studio on the ground floor of a 4-storey tower completed in 2015.

What is unit HSN-G02 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-G02, Hanover Square

Starts from the last sale price (AED 297K, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 296,700
Deposit, UAE resident (20%)
AED 59,340
Deposit, non-resident (40%)
AED 118,680
Monthly over 25 years at 3.7%
AED 1,214

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