1-bed · 674 sqftHanover Square, Jumeirah Village Circle (JVC) · 1st floor · completed 2015

HSS-108A, Hanover Square

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-108A · DLD and Ejari recordsUpdated 25 September 2022
Last soldAED 837K11 June 2009
Current rentAED 38K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for HSS-108A, Hanover Square

What is HSS-108A worth today?

Last sold for AED 836,621 in 2009

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25 Sep 2022RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft
1 May 2021RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
5 Oct 2020RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
1 Jan 2016RentedNew contract
AED 31,980/yr36 months · AED 47 per sqft
11 Jun 2009Sold by developerOff-plan
AED 836,621AED 1,241 per sqft

Source: Dubai Land Department. Updated 25 September 2022.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
1st of 4
Parking
B1-66
Developer
ACW Holding
Completed
2015
Service charge
AED 15,000 /yr
Last sold
AED 837K · June 2009

About HSS-108A, Hanover Square

HSS-108A is a one-bedroom apartment of 674 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 11 June 2009 for AED 836,621, or AED 1,241 per sqft, 19% above the AED 1,039 one-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 25 September 2022, is AED 38,000 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 15,000 a year.

Sales and rents for HSS-108A over time

Sales
Unit HSS-108A, each saleTypical one-bed in Hanover Square
250K500K750K2009201420192024Typical sale price by year: 2009 AED 727,262; 2015 AED 463,136; 2016 AED 505,448; 2021 AED 305,000; 2022 AED 435,000; 2023 AED 500,000; 2024 AED 557,500; 2025 AED 600,000; 2026 AED 670,000Sold by developer, June 2009: AED 836,621 (AED 1,241 per sqft)

HSS-108A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit HSS-108A, each contractTypical one-bed in Hanover Square
40K60K80K2016201920222025Typical rent by year: 2016 AED 31,980; 2017 AED 75,000; 2019 AED 66,000; 2020 AED 39,000; 2021 AED 37,000; 2022 AED 41,000; 2023 AED 50,200; 2024 AED 55,100; 2025 AED 58,000; 2026 AED 60,000New contract, January 2016: AED 31,980 a yearNew contract, October 2020: AED 33,000 a yearNew contract, May 2021: AED 32,000 a yearNew contract, September 2022: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Hanover Square, and where HSS-108A sits

All 75 1-beds →

HSS-108A last sold in June 2009 at AED 1,241 per sqft, 19% above what one-beds in Hanover Square were fetching at the time (AED 1,039). Over the last 12 months one-beds sold for AED 530,000 to 760,000, around AED 881 per sqft, and rent for AED 45,000 to 87,500 a year. HSS-108A's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20266,266
10 Aug 202637,032
7 Aug 202645,614
17 Jul 202640,960
12 1-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 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

HSS-108A, Hanover Square in numbers

  • Sold once: by ACW Holding on 11 June 2009 for AED 836,621, or AED 1,241 per sqft.
  • Rented since January 2016 on 4 Ejari contracts, from AED 31,980 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2009 price is 4.5%, before a service charge of about AED 15,000 a year (AED 22.26 per sqft).
  • One-beds in Hanover Square sold for AED 530,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 906 per sqft.

Source: Dubai Land Department. Updated 25 September 2022.

Questions about HSS-108A, Hanover Square

What did unit HSS-108A last sell for?

AED 836,621 on 11 June 2009, sold by the developer: AED 1,241 per sqft for 674 sqft. It is the only registered sale of the unit.

What is the rent for unit HSS-108A?

AED 38,000 a year on the contract signed on 25 September 2022. The previous contract, from May 2021, was AED 32,000; the unit has been rented since January 2016.

How big is unit HSS-108A?

674 sqft (62.6 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2015.

What is unit HSS-108A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hanover Square sold for AED 530,000 to 760,000 in the last 12 months, around AED 881 per sqft.

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Mortgage on HSS-108A, Hanover Square

Starts from the last sale price (AED 837K, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 836,621
Deposit, UAE resident (20%)
AED 167,324
Deposit, non-resident (40%)
AED 334,648
Monthly over 25 years at 3.7%
AED 3,423

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