Home
Dubai prices
About
Research
Studio · 451 sqftHanover Square, Jumeirah Village Circle (JVC) · 1st floor · completed 2015

HSS-118, Hanover Square

Sold prices and rental history: sold 5 times, last in February 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-118 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 320K6 February 2023
Current rentAED 30K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow HSS-118

Property timeline for HSS-118, Hanover Square

What is HSS-118 worth today?

Last sold for AED 320,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Feb 2023SoldReady
AED 320,000AED 709 per sqft
19 Sep 2022SoldReady
AED 275,000AED 609 per sqft
1 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
28 Jul 2021RentedNew contract
AED 27,692/yr13 months · AED 61 per sqft
25 Jul 2020RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
3 May 2017SoldReady
AED 430,000AED 952 per sqft
1 Jan 2016RentedNew contract
AED 23,980/yr36 months · AED 53 per sqft
9 Feb 2015SoldOff-plan
AED 449,382AED 995 per sqft

Source: Dubai Land Department. Updated 6 February 2023.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
1st of 4
Parking
B1-85
Developer
ACW Holding
Completed
2015
Service charge
AED 10,000 /yr
Last sold
AED 320K · February 2023
Building
Hanover Square

About HSS-118, Hanover Square

HSS-118 is a studio of 451 sqft on the 1st floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 6 February 2023 for AED 320,000, or AED 709 per sqft, 13% above the AED 630 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 1 August 2022, is AED 30,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for HSS-118 over time

Sales
Unit HSS-118, 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, May 2009: AED 449,382 (AED 995 per sqft)Sold, February 2015: AED 449,382 (AED 995 per sqft)Sold, May 2017: AED 430,000 (AED 952 per sqft)Sold, September 2022: AED 275,000 (AED 609 per sqft)Sold, February 2023: AED 320,000 (AED 709 per sqft)

HSS-118 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit HSS-118, 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, July 2020: AED 30,000 a yearNew contract, July 2021: AED 27,692 a yearNew contract, August 2022: AED 30,000 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 HSS-118 sits

All 292 studios →

HSS-118 last sold in February 2023 at AED 709 per sqft, 13% above what studios in Hanover Square were fetching at the time (AED 630). 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. HSS-118's AED 30,000 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 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-118, Hanover Square in numbers

  • Sold 5 times: first on 26 May 2009 for AED 449,382, last on 6 February 2023 for AED 320,000 (AED 709 per sqft).
  • Rented since January 2016 on 4 Ejari contracts, from AED 23,980 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 10,000 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 6 February 2023.

Questions about HSS-118, Hanover Square

What did unit HSS-118 last sell for?

AED 320,000 on 6 February 2023: AED 709 per sqft for 451 sqft. The unit has 5 registered sales; the first was AED 449,382 in May 2009.

What is the rent for unit HSS-118?

AED 30,000 a year on the contract signed on 1 August 2022. The previous contract, from July 2021, was AED 27,692; the unit has been rented since January 2016.

How big is unit HSS-118?

451 sqft (41.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2015.

What is unit HSS-118 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.

Selling HSS-118? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on HSS-118, Hanover Square

Starts from the last sale price (AED 320K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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