1-bed · 636 sqftHanover Square, Jumeirah Village Circle (JVC) · 3rd floor · completed 2015

HSS-311, Hanover Square

Sold prices and rental history: sold 4 times, last in March 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-311 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 462K20 March 2023
Current rentAED 55K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for HSS-311, Hanover Square

What is HSS-311 worth today?

Last sold for AED 462,100 in 2023

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15 May 2023RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
20 Mar 2023SoldReady
AED 462,100AED 726 per sqft
3 May 2021SoldReady
AED 425,000AED 668 per sqft
3 Jan 2021SoldReady
AED 246,500AED 387 per sqft
1 Jan 2016RentedNew contract
AED 83,940/yr12 months · AED 132 per sqft
26 May 2009Sold by developerOff-plan
AED 640,805AED 1,007 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
1-bed apartment
Size
636 sqft
Floor
3rd of 4
Parking
B2-275
Developer
ACW Holding
Completed
2015
Service charge
AED 14,200 /yr
Last sold
AED 462K · March 2023

About HSS-311, Hanover Square

HSS-311 is a one-bedroom apartment of 636 sqft on the 3rd floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 20 March 2023 for AED 462,100, or AED 726 per sqft, 12% above the AED 650 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 15 May 2023, is AED 55,000 a year: a gross yield of 11.9% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for HSS-311 over time

Sales
Unit HSS-311, 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 640,805 (AED 1,007 per sqft)Sold, January 2021: AED 246,500 (AED 387 per sqft)Sold, May 2021: AED 425,000 (AED 668 per sqft)Sold, March 2023: AED 462,100 (AED 726 per sqft)

HSS-311 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit HSS-311, 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 83,940 a yearNew contract, May 2023: AED 55,000 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-311 sits

All 75 1-beds →

HSS-311 last sold in March 2023 at AED 726 per sqft, 12% above what one-beds in Hanover Square were fetching at the time (AED 650). 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-311's AED 55,000 is in the lower 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 3rd floor

All 415 units in Hanover Square
Value
HSC-3012-bedAED 898K · May 2009
HSC-3021-bedAED 532K · Jun 2009
HSC-3032-bedAED 650K · Jul 2014
HSC-3041-bedAED 529K · May 2009
HSC-3052-bedAED 868K · May 2009
HSC-306StudioAED 459K · May 2009
HSC-307StudioAED 265K · Oct 2022
1–7 of 90

HSS-311, Hanover Square in numbers

  • Sold 4 times: first on 26 May 2009 for AED 640,805, last on 20 March 2023 for AED 462,100 (AED 726 per sqft).
  • Rented since January 2016 on 2 Ejari contracts, from AED 83,940 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.9%, before a service charge of about AED 14,200 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 15 May 2023.

Questions about HSS-311, Hanover Square

What did unit HSS-311 last sell for?

AED 462,100 on 20 March 2023: AED 726 per sqft for 636 sqft. The unit has 4 registered sales; the first was AED 640,805 in May 2009.

What is the rent for unit HSS-311?

AED 55,000 a year on the contract signed on 15 May 2023. The previous contract, from January 2016, was AED 83,940.

How big is unit HSS-311?

636 sqft (59.1 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2015.

What is unit HSS-311 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-311, Hanover Square

Starts from the last sale price (AED 462K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 462,100
Deposit, UAE resident (20%)
AED 92,420
Deposit, non-resident (40%)
AED 184,840
Monthly over 25 years at 3.7%
AED 1,891

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