1-bed · 674 sqftHanover Square, Jumeirah Village Circle (JVC) · 2nd floor · completed 2015

HSS-208A, Hanover Square

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-208A · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 585K14 February 2024
Current rentAED 70K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for HSS-208A, Hanover Square

What is HSS-208A worth today?

Last sold for AED 585,000 in 2024

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14 Feb 2024SoldReady
AED 585,000AED 868 per sqft
1 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 103 per sqft
1 Nov 2022SoldReady
AED 455,000AED 675 per sqft
5 Jan 2022RentedNew contract
AED 33,500/yr12 months · AED 50 per sqft
5 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
1 May 2017SoldReady
AED 475,000AED 704 per sqft
1 Jan 2016RentedNew contract
AED 31,980/yr36 months · AED 47 per sqft
20 May 2009Sold by developerOff-plan
AED 854,516AED 1,267 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
2nd of 4
Parking
B2-451
Developer
ACW Holding
Completed
2015
Service charge
AED 15,000 /yr
Last sold
AED 585K · February 2024

About HSS-208A, Hanover Square

HSS-208A is a one-bedroom apartment of 674 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 14 February 2024 for AED 585,000, or AED 868 per sqft, 29% above the AED 675 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 1 March 2023, is AED 70,000 a year: a gross yield of 12.0% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for HSS-208A over time

Sales
Unit HSS-208A, 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, May 2009: AED 854,516 (AED 1,267 per sqft)Sold, May 2017: AED 475,000 (AED 704 per sqft)Sold, November 2022: AED 455,000 (AED 675 per sqft)Sold, February 2024: AED 585,000 (AED 868 per sqft)

HSS-208A has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit HSS-208A, each contractTypical one-bed in Hanover Square
25K50K75K2016201920222025Typical 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, January 2021: AED 30,000 a yearNew contract, January 2022: AED 33,500 a yearNew contract, March 2023: AED 70,000 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-208A sits

All 75 1-beds →

HSS-208A last sold in February 2024 at AED 868 per sqft, 29% above what one-beds in Hanover Square were fetching at the time (AED 675). 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-208A's AED 70,000 is in the upper half 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 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

HSS-208A, Hanover Square in numbers

  • Sold 4 times: first on 20 May 2009 for AED 854,516, last on 14 February 2024 for AED 585,000 (AED 868 per sqft).
  • Rented since January 2016 on 4 Ejari contracts, from AED 31,980 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 12.0%, 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 14 February 2024.

Questions about HSS-208A, Hanover Square

What did unit HSS-208A last sell for?

AED 585,000 on 14 February 2024: AED 868 per sqft for 674 sqft. The unit has 4 registered sales; the first was AED 854,516 in May 2009.

What is the rent for unit HSS-208A?

AED 70,000 a year on the contract signed on 1 March 2023. The previous contract, from January 2022, was AED 33,500; the unit has been rented since January 2016.

How big is unit HSS-208A?

674 sqft (62.6 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2015.

What is unit HSS-208A 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-208A, Hanover Square

Starts from the last sale price (AED 585K, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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