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Studio · 467 sqftHanover Square, Jumeirah Village Circle (JVC) · 2nd floor · completed 2015

HSS-216, Hanover Square

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-216 · DLD and Ejari recordsUpdated 13 February 2025
Last soldAED 447K14 June 2009
Current rentAED 30K /yr13 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSS-216, Hanover Square

What is HSS-216 worth today?

Last sold for AED 446,804 in 2009

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13 Feb 2025RentedRenewal
AED 29,580/yr4 months · AED 63 per sqft
13 Feb 2024RentedRenewal
AED 29,990/yr12 months · AED 64 per sqft
13 Feb 2023RentedRenewal
AED 26,000/yr12 months · AED 56 per sqft
13 Feb 2022RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
14 Jun 2009Sold by developerOff-plan
AED 446,804AED 957 per sqft

Source: Dubai Land Department. Updated 13 February 2025.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
2nd of 4
Parking
B1-234
Developer
ACW Holding
Completed
2015
Service charge
AED 10,400 /yr
Last sold
AED 447K · June 2009
Building
Hanover Square

About HSS-216, Hanover Square

HSS-216 is a studio of 467 sqft on the 2nd floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. The developer sold it on 14 June 2009 for AED 446,804, or AED 957 per sqft, 14% below the AED 1,116 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 13 February 2025, is AED 29,580 a year: a gross yield of 6.6% on the 2009 price, before the service charge of about AED 10,400 a year.

Sales and rents for HSS-216 over time

Sales
Unit HSS-216, 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 446,804 (AED 957 per sqft)

HSS-216 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit HSS-216, 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, February 2022: AED 24,000 a yearRenewal, February 2023: AED 26,000 a yearRenewal, February 2024: AED 29,990 a yearRenewal, February 2025: AED 29,580 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-216 sits

All 292 studios →

HSS-216 last sold in June 2009 at AED 957 per sqft, 14% below what studios in Hanover Square were fetching at the time (AED 1,116). 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-216's AED 29,580 is at the bottom 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 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-216, Hanover Square in numbers

  • Sold once: by ACW Holding on 14 June 2009 for AED 446,804, or AED 957 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 24,000 to AED 29,580 a year.
  • At AED 29,580 a year the gross yield on the 2009 price is 6.6%, before a service charge of about AED 10,400 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 13 February 2025.

Questions about HSS-216, Hanover Square

What did unit HSS-216 last sell for?

AED 446,804 on 14 June 2009, sold by the developer: AED 957 per sqft for 467 sqft. It is the only registered sale of the unit.

What is the rent for unit HSS-216?

AED 29,580 a year on the contract renewed on 13 February 2025. The previous contract, from February 2024, was AED 29,990; the unit has been rented since February 2022.

How big is unit HSS-216?

467 sqft (43.4 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2015.

What is unit HSS-216 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 HSS-216, Hanover Square

Starts from the last sale price (AED 447K, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 446,804
Deposit, UAE resident (20%)
AED 89,361
Deposit, non-resident (40%)
AED 178,722
Monthly over 25 years at 3.7%
AED 1,828

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