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Studio · 467 sqftHanover Square, Jumeirah Village Circle (JVC) · 3rd floor · completed 2015

HSS-316, Hanover Square

Sold prices and rental history: sold once, by the developer in January 2010, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-316 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 454K12 January 2010
Current rentAED 28K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSS-316, Hanover Square

What is HSS-316 worth today?

Last sold for AED 453,571 in 2010

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1 May 2023RentedNew contract
AED 28,000/yr12 months · AED 60 per sqft
15 Apr 2021RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
12 Jan 2010Sold by developerOff-plan
AED 453,571AED 972 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
3rd of 4
Parking
B2-285
Developer
ACW Holding
Completed
2015
Service charge
AED 10,400 /yr
Last sold
AED 454K · January 2010
Building
Hanover Square

About HSS-316, Hanover Square

HSS-316 is a studio of 467 sqft on the 3rd floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. The developer sold it on 12 January 2010 for AED 453,571, or AED 972 per sqft, 13% below the AED 1,117 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 May 2023, is AED 28,000 a year: a gross yield of 6.2% on the 2010 price, before the service charge of about AED 10,400 a year.

Sales and rents for HSS-316 over time

Sales
Unit HSS-316, 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, January 2010: AED 453,571 (AED 972 per sqft)

HSS-316 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit HSS-316, 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, April 2021: AED 24,000 a yearNew contract, May 2023: AED 28,000 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-316 sits

All 292 studios →

HSS-316 last sold in January 2010 at AED 972 per sqft, 13% below what studios in Hanover Square were fetching at the time (AED 1,117). 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-316's AED 28,000 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 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-316, Hanover Square in numbers

  • Sold once: by ACW Holding on 12 January 2010 for AED 453,571, or AED 972 per sqft.
  • Rented since April 2021 on 2 Ejari contracts, from AED 24,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2010 price is 6.2%, 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 1 May 2023.

Questions about HSS-316, Hanover Square

What did unit HSS-316 last sell for?

AED 453,571 on 12 January 2010, sold by the developer: AED 972 per sqft for 467 sqft. It is the only registered sale of the unit.

What is the rent for unit HSS-316?

AED 28,000 a year on the contract signed on 1 May 2023. The previous contract, from April 2021, was AED 24,000.

How big is unit HSS-316?

467 sqft (43.4 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2015.

What is unit HSS-316 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-316, Hanover Square

Starts from the last sale price (AED 454K, 12 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 453,571
Deposit, UAE resident (20%)
AED 90,714
Deposit, non-resident (40%)
AED 181,428
Monthly over 25 years at 3.7%
AED 1,856

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