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Studio · 428 sqftHanover Square, Jumeirah Village Circle (JVC) · 3rd floor · completed 2015

HSS-329, Hanover Square

Sold prices and rental history: sold 3 times, last in December 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HSS-329 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 250K23 December 2020
Current rentAED 25K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSS-329, Hanover Square

What is HSS-329 worth today?

Last sold for AED 250,000 in 2020

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1 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
23 Dec 2020SoldReady
AED 250,000AED 584 per sqft
2 Apr 2017SoldReady
AED 300,000AED 701 per sqft
27 Jul 2016Sold by developerReady
AED 320,820AED 750 per sqft
1 Jan 2016RentedNew contract
AED 71,940/yr12 months · AED 168 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
3rd of 4
Parking
B2-280
Developer
ACW Holding
Completed
2015
Service charge
AED 9,500 /yr
Last sold
AED 250K · December 2020
Building
Hanover Square

About HSS-329, Hanover Square

HSS-329 is a studio of 428 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 23 December 2020 for AED 250,000, or AED 584 per sqft, 28% above the AED 456 studios in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 February 2021, is AED 25,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 9,500 a year.

Sales and rents for HSS-329 over time

Sales
Unit HSS-329, 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, July 2016: AED 320,820 (AED 750 per sqft)Sold, April 2017: AED 300,000 (AED 701 per sqft)Sold, December 2020: AED 250,000 (AED 584 per sqft)

HSS-329 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit HSS-329, each contractTypical studio in Hanover Square
25K50K75K2016201920222025Typical 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, January 2016: AED 71,940 a yearNew contract, February 2021: AED 25,000 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-329 sits

All 292 studios →

HSS-329 last sold in December 2020 at AED 584 per sqft, 28% above what studios in Hanover Square were fetching at the time (AED 456). 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-329's AED 25,000 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-329, Hanover Square in numbers

  • Sold 3 times: first on 27 July 2016 for AED 320,820, last on 23 December 2020 for AED 250,000 (AED 584 per sqft).
  • Rented since January 2016 on 2 Ejari contracts, from AED 71,940 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 9,500 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 February 2021.

Questions about HSS-329, Hanover Square

What did unit HSS-329 last sell for?

AED 250,000 on 23 December 2020: AED 584 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 320,820 in July 2016.

What is the rent for unit HSS-329?

AED 25,000 a year on the contract signed on 1 February 2021. The previous contract, from January 2016, was AED 71,940.

How big is unit HSS-329?

428 sqft (39.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2015.

What is unit HSS-329 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-329, Hanover Square

Starts from the last sale price (AED 250K, 23 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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