Jumeirah Village Circle · Ready · 68% of recent sales are studios

Hanover SquareWhat it sells and rents for

Studios resell for about AED 409k and rent for AED 38k a year.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 409kfor a typical studio

From 40 resales in the last 12 months.

Rents forAED 38ka year, new studio lease

Down 22% since early 2026. Renewing tenants pay about AED 44k.

Earns9.2%a year, as a share of the price
Hanover Square
Jumeirah Village Circle

More than studios across Jumeirah Village Circle, at 7.4%.

Sells54sales in the last year
Hanover Square
Similar buildings

1.4 times as many resales as the typical similar building, so it's easier to sell when you're ready.

  • 22% lessNew studio leases sign for AED 38k a year, 22% less than in January to March 2026, from 36 leases.

What brings you here?

Apartment type

Prices and rents at Hanover Square

What should you pay for a studio?

AED 409k

That's the typical price. 23 of the 40 studios resold here in the last year went for AED 385k to AED 431k. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here in the last 12 months.

What should you offer first?

AED 385k

11 of the 40 studios resold here in the last year went for this or less. Start here and leave room to move.

  • Price per sq ft here931 nowNo clear move
  • Across Jumeirah Village Circle1,066 recent resalesDown 5%

What will it really cost you?

Based on the typical studio here at AED 409k, and renting a studio here for AED 38k a year.

The mortgage is AED 1,309 a month less than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 1,816
Renting a studio hereAED 3,125

Cash you need

AED 113k

  • Down paymentAED 81,700
  • DLD transfer feeAED 16,920
  • Agency feeAED 8,579
  • Trustee, mortgage and valuationAED 6,207

Over 5 years, buying costs about AED 101k in fees and interest. Renting costs about AED 188k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 2,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

What would it earn as a rental?

9.2%

A year's rent, about AED 38k, as a share of the price, before service charges. Studios across Jumeirah Village Circle earn 7.4%.

AED 409kprice→AED 38kyearly rent=9.2%return

Will it be easy to sell later?

3 a month

That's how often a studio resells here. The building has 1.4 times as many resales as the typical similar building nearby.

Hanover Square
Oxbridge Gardens
Seasons Community Summer
Knight Bridge Court and Kensngton Manor

Are prices rising or falling?

No clear move

Only 10 resales in the building in the last 3 months, too few to call a direction.

Nov 2024Oct 2026

Do bigger studios cost more?

Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 266. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 300kAED 350kAED 400kAED 450kAED 500k300350400450500550600650700Size, sq ft →

How does it compare with its neighbours?

1 of the 26 others

in Jumeirah Village Circle earns a higher return than Hanover Square. Across the building as a whole it costs AED 904 per sq ft and earns 10.0%. The typical building in Jumeirah Village Circle costs AED 1,289 per sq ft and earns 7.1%.

Hanover SquareCheaper and earns morePricier and earns lessOther buildings
4.0%4.5%5.0%5.5%6.0%6.5%7.0%7.5%8.0%8.5%9.0%9.5%10.0%10.5%11.0%11.5%12.0%12.5%13.0%13.5%5001,0001,5002,0002,500Resale price per sq ft, AED, last 12 months →Gross yield →Cheaper and earns morePricier and earns lessarea typicalHanover SquareRegent Court

Where is Hanover Square?

30% below

the typical resale price per sq ft in Jumeirah Village Circle, over the last 12 months.

Hanover Square against Jumeirah Village Circle

  • Hanover SquareResale, 54 sales in 12 monthsAED 904 per sq ft
  • Jumeirah Village CircleResale, 4,232 sales in 12 monthsAED 1,289 per sq ft

A studio in Jumeirah Village Circle

  • A typical studio resells forAED 610k
  • New studio leases sign forAED 45k a year
  • Rent as a share of the price7.4%

How busy it is

  • Sales in the last 12 months10,902
  • Off-plan share of sales61%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Jumeirah Village Circle

Similar buildings

Oxbridge Gardens

Oxbridge Gardens

Jumeirah Village Circle

Typical 1-bed
AED 773k resale
Sales, 12 months
72
May Residence

May Residence

Jumeirah Village Circle

Typical 1-bed
AED 750k resale
Sales, 12 months
30

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a studio in Hanover Square?

About AED 409k on resale; 23 of 40 sold for AED 385k to AED 431k.

How much is rent for a studio in Hanover Square?

About AED 38k a year on a new lease and AED 44k on a renewal.

What is the rental yield at Hanover Square?

About 9.2% gross on a studio, before service charges.

Is Hanover Square easy to resell?

Yes: 54 resales in 12 months, 1.4 times the typical similar building.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Hanover Square registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

What are you looking at?

Try