Hanover Square

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Acw Holdings
419
Total Units
416
Sold
AED 450,000
Median Price
AED 1,020
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Feb, 2016

Hanover Square Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio295290 sqft - 710 sqftAED 0.4M (930 /sqft)AED 1,720 /sqft
-45.87
1 Bed76480 sqft - 1,070 sqftAED 0.5M (810 /sqft)AED 1,430 /sqft
-43.16
2 Beds48680 sqft - 1,820 sqftAED 1.1M (800 /sqft)AED 1,310 /sqft
-39.17

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, HSN-203761 sqft8.61 sqft Check Availability
StudioApartment, HSC-124392 sqft3.86 sqft Check Availability
StudioApartment, HSN-313455 sqft3.38 sqft Check Availability
StudioApartment, HSS-326364 sqft0 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment674 sqft6.81 sqft AED 836,621AED 1,241 /sqft 11, Jun 2009
1Apartment797 sqft9.54 sqft AED 795,524AED 998 /sqft 22, Jun 2009
1Apartment674 sqft6.81 sqft AED 790,486AED 1,173 /sqft 26, May 2009
1Apartment797 sqft9.54 sqft AED 787,238AED 988 /sqft 08, Jun 2009
1Apartment797 sqft9.54 sqft AED 772,739AED 970 /sqft 26, May 2009
1Apartment749 sqft8.67 sqft AED 765,373AED 1,022 /sqft 14, Jun 2009
1Apartment744 sqft4.95 sqft AED 761,360AED 1,023 /sqft 20, May 2009
1Apartment653 sqft7.39 sqft AED 760,000AED 1,164 /sqft 05, Mar 2026
1Apartment674 sqft6.81 sqft AED 754,974AED 1,120 /sqft 10, Jun 2009
1Apartment661 sqft6.81 sqft AED 751,254AED 1,137 /sqft 22, Jun 2009
1Apartment797 sqft9.54 sqft AED 750,000AED 941 /sqft 14, Jun 2009
1Apartment744 sqft4.95 sqft AED 749,999AED 1,008 /sqft 27, May 2009
1Apartment761 sqft8.61 sqft AED 740,125AED 973 /sqft 02, Jul 2009
1Apartment674 sqft6.81 sqft AED 739,226AED 1,097 /sqft 08, Jun 2009
1Apartment748 sqft8.63 sqft AED 738,096AED 987 /sqft 27, May 2009

Hanover Square Real Estate Data – FAQ

  • What is the current property supply in Hanover Square?

    Hanover Square has a total residential supply of approximately 100 units. This represents completed and available inventory within the area.

    #LIST_BADGE#
  • How active is the real estate market in Hanover Square?

    Hanover Square recorded 62 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

    #LIST_BADGE#
  • What is the average price /sqft in Hanover Square?

    The median transaction price in Hanover Square is AED 890 /sqft , based on actual recorded sales transactions, not listing prices.

    #LIST_BADGE#
  • What rental yield can investors expect in Hanover Square?

    The gross rental yield in Hanover Square is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

    #LIST_BADGE#
  • How much have property prices increased in Hanover Square?

    Property prices in Hanover Square have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

    #LIST_BADGE#
  • How many off-plan projects are currently in Hanover Square?

    There are currently 0 active off-plan projects in Hanover Square, reflecting strong developer activity and future supply pipeline.

    #LIST_BADGE#
  • What is the future supply pipeline in Hanover Square?

    The total off-plan pipeline in Hanover Square includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

    #LIST_BADGE#
  • Is Hanover Square a good area for property investment?

    Hanover Square is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

    #LIST_BADGE#
  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

    #LIST_BADGE#
  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

    #LIST_BADGE#
  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Hanover Square, this is %, indicating relatively strong income performance compared to global markets.

    #LIST_BADGE#