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2-bed · 929 sqftHanover Square, Jumeirah Village Circle (JVC) · 2nd floor · completed 2015

HSS-209, Hanover Square

Sold prices and rental history: sold twice, last in July 2017, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-209 · DLD and Ejari recordsUpdated 27 January 2024
Last soldAED 580K9 July 2017
Current rentAED 70K /yr27 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSS-209, Hanover Square

What is HSS-209 worth today?

Last sold for AED 580,000 in 2017

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27 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
27 Jan 2022RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
9 Jul 2017SoldReady
AED 580,000AED 624 per sqft
1 May 2016Sold by developerReady
AED 674,513AED 725 per sqft
1 Jan 2016RentedNew contract
AED 135,540/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 27 January 2024.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
2nd of 4
Parking
B1-104, B1-105
Developer
ACW Holding
Completed
2015
Service charge
AED 20,700 /yr
Last sold
AED 580K · July 2017
Building
Hanover Square

About HSS-209, Hanover Square

HSS-209 is a two-bedroom apartment of 929 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 9 July 2017 for AED 580,000, or AED 624 per sqft, 24% below the AED 825 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 27 January 2024, is AED 70,000 a year: a gross yield of 12.1% on the 2017 price, before the service charge of about AED 20,700 a year.

Sales and rents for HSS-209 over time

Sales
Unit HSS-209, 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 2016: AED 674,513 (AED 725 per sqft)Sold, July 2017: AED 580,000 (AED 624 per sqft)

HSS-209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit HSS-209, each contractTypical two-bed in Hanover Square
50K100K150K2016201920222025Typical 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, January 2016: AED 135,540 a yearNew contract, January 2022: AED 50,000 a yearNew contract, January 2024: AED 70,000 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 HSS-209 sits

All 48 2-beds →

HSS-209 last sold in July 2017 at AED 624 per sqft, 24% below what two-beds in Hanover Square were fetching at the time (AED 825). 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. HSS-209's AED 70,000 is in the lower half 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 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-209, Hanover Square in numbers

  • Sold twice: first on 1 May 2016 for AED 674,513, last on 9 July 2017 for AED 580,000 (AED 624 per sqft).
  • Rented since January 2016 on 3 Ejari contracts. The rent fell from AED 135,540 to AED 50,000 in 2022 and recovered to AED 70,000 by January 2024.
  • At AED 70,000 a year the gross yield on the 2017 price is 12.1%, before a service charge of about AED 20,700 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 27 January 2024.

Questions about HSS-209, Hanover Square

What did unit HSS-209 last sell for?

AED 580,000 on 9 July 2017: AED 624 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 674,513 in May 2016.

What is the rent for unit HSS-209?

AED 70,000 a year on the contract signed on 27 January 2024. The previous contract, from January 2022, was AED 50,000; the unit has been rented since January 2016.

How big is unit HSS-209?

929 sqft (86.3 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2015.

What is unit HSS-209 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 HSS-209, Hanover Square

Starts from the last sale price (AED 580K, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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