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2-bed · 1,184 sqftHanover Square, Jumeirah Village Circle (JVC) · 4th floor · completed 2015

HSS-409, Hanover Square

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

Unit HSS-409 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 490K14 June 2022
Current rentAED 78K /yr16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HSS-409, Hanover Square

What is HSS-409 worth today?

Last sold for AED 490,000 in 2022

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16 May 2024RentedNew contract
AED 78,000/yr12 months · AED 66 per sqft
10 Jul 2022RentedNew contract
AED 53,000/yr12 months · AED 45 per sqft
14 Jun 2022SoldReady
AED 490,000AED 413 per sqft
15 Jun 2009Sold by developerOff-plan
AED 988,117AED 834 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
4th of 4
Parking
B2-303, G-13
Developer
ACW Holding
Completed
2015
Service charge
AED 26,400 /yr
Last sold
AED 490K · June 2022
Building
Hanover Square

About HSS-409, Hanover Square

HSS-409 is a two-bedroom apartment of 1,184 sqft on the 4th floor of Hanover Square, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by ACW Holding. It last sold on 14 June 2022 for AED 490,000, or AED 413 per sqft, in line with the AED 413 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 May 2024, is AED 78,000 a year: a gross yield of 15.9% on the 2022 price, before the service charge of about AED 26,400 a year.

Sales and rents for HSS-409 over time

Sales
Unit HSS-409, 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, June 2009: AED 988,117 (AED 834 per sqft)Sold, June 2022: AED 490,000 (AED 413 per sqft)

HSS-409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit HSS-409, each contractTypical two-bed in Hanover Square
40K60K80K2016201920222025Typical 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, July 2022: AED 53,000 a yearNew contract, May 2024: AED 78,000 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-409 sits

All 48 2-beds →

HSS-409 last sold in June 2022 at AED 413 per sqft, in line with what two-beds in Hanover Square were fetching at the time (AED 413). 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-409's AED 78,000 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 4th floor

All 415 units in Hanover Square
Value
HSC-4012-bedAED 1.43M · Sep 2009
HSC-4021-bedAED 476K · May 2016
HSC-4032-bedAED 1.47M · May 2009
HSC-404StudioAED 250K · Apr 2019
HSC-405StudioAED 457K · May 2009
HSC-406StudioAED 457K · May 2009
HSC-407StudioAED 457K · May 2009
1–7 of 77

HSS-409, Hanover Square in numbers

  • Sold twice: first on 15 June 2009 for AED 988,117, last on 14 June 2022 for AED 490,000 (AED 413 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 53,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2022 price is 15.9%, before a service charge of about AED 26,400 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 16 May 2024.

Questions about HSS-409, Hanover Square

What did unit HSS-409 last sell for?

AED 490,000 on 14 June 2022: AED 413 per sqft for 1,184 sqft. The unit has 2 registered sales; the first was AED 988,117 in June 2009.

What is the rent for unit HSS-409?

AED 78,000 a year on the contract signed on 16 May 2024. The previous contract, from July 2022, was AED 53,000.

How big is unit HSS-409?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2015.

What is unit HSS-409 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-409, Hanover Square

Starts from the last sale price (AED 490K, 14 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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