Market bulletin · Thu, 22 Oct 2026
Hanover Square: 2 sales worth AED 835K in 30 days
Hanover Square recorded 2 sales worth AED 835K in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 1 sale was registered (AED 400K), against 1 the week before.
The median sale over the last three months was AED 404K, or AED 892/sqft. Monthly medians over the past year ranged from AED 830/sqft to AED 1,064/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Village Circle, Hanover Square ranked #11 of 11 leading projects by 12-month sales value; it is developed by ACW.
Leases registered in the last three months had a median annual rent of AED 42K. The best gross yield is on Studio apartments at about 10.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 1,064 |
| Jan 26 | AED 998 |
| Dec 25 | AED 830 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 908 |
| Aug 25 | — |
| Jul 25 | AED 859 |
| Jun 25 | — |
| May 25 | AED 870 |
| Apr 25 | AED 1,005 |
| Mar 25 | AED 768 |
| Feb 25 | AED 910 |
| Jan 25 | AED 948 |
| Dec 24 | AED 939 |
| Nov 24 | AED 963 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 3 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 3 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 7 |
| Jan 26 | 0 | 0 | 7 |
| Dec 25 | 0 | 0 | 10 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | unchanged 0.0% | AED 835K | — | — |
| Last 3 months | 6 | up 50.0% | AED 2.89M | 892 | — |
| Last 6 months | 10 | down 68.8% | AED 5.29M | 873 | down 6.1% |
| Last 12 months | 42 | down 34.4% | AED 22.8M | 902 | down 2.9% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 42 | 100% | AED 435K | 902 | down 2.7% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 29 | 69% | AED 420K | 952 | down 0.5% |
| 1 bedroom | 6 | 14% | AED 575K | 881 | up 1.5% |
| 2 bedrooms | 7 | 17% | AED 1.08M | 781 | up 1.7% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 42 | 100% | AED 435K | 902 | down 2.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 42K |
| Sept 26 | AED 45K |
| Aug 26 | AED 38K |
| Jul 26 | AED 40K |
| Jun 26 | AED 40K |
| May 26 | AED 43K |
| Apr 26 | AED 49K |
| Mar 26 | AED 48K |
| Feb 26 | AED 48K |
| Jan 26 | AED 48K |
| Dec 25 | AED 49K |
| Nov 25 | AED 50K |
| Oct 25 | AED 48K |
| Sept 25 | AED 49K |
| Aug 25 | AED 49K |
| Jul 25 | AED 44K |
| Jun 25 | AED 49K |
| May 25 | AED 50K |
| Apr 25 | AED 47K |
| Mar 25 | AED 42K |
| Feb 25 | AED 40K |
| Jan 25 | AED 47K |
| Dec 24 | AED 46K |
| Nov 24 | AED 47K |
- Leases (12M)
- 287
- New leases
- 64.8%
- Median rent 3M
- AED 42K
- Rent/sqft 3M
- AED 91
| Studio apartments | AED 43K / AED 420K | 10.2% |
|---|---|---|
| 1 BR apartments | AED 58K / AED 575K | 10.1% |
| 2 BR apartments | AED 86K / AED 1.08M | 7.9% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 163 | AED 43K | AED 43K | 108 |
| 1 BR | 39 | AED 58K | AED 60K | 89 |
| 2 BR | 22 | AED 86K | AED 93K | 78 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 910K | 2 BR Apartment · 1,291 sqftHanover Square · Jumeirah Village Circle | 20 Aug |
| AED 435K | Studio Apartment · 451 sqftHanover Square · Jumeirah Village Circle | 9 Oct |
| AED 405K | Studio Apartment · 451 sqftHanover Square · Jumeirah Village Circle | 17 Sept |
| AED 403K | Studio Apartment · 382 sqftHanover Square · Jumeirah Village Circle | 10 Aug |
| AED 400K | Studio Apartment · 451 sqftHanover Square · Jumeirah Village Circle | 22 Oct |
| AED 340K | Studio Apartment · 396 sqftHanover Square · Jumeirah Village Circle | 31 Aug |
Questions about Hanover Square
What is the average price per sqft in Hanover Square?
The median sale price in Hanover Square over the last three months was AED 892 per sqft (median sale AED 404K), based on 6 sales registered with Dubai Land Department.
How many properties were sold in Hanover Square in the last year?
42 sales worth AED 22.8M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Hanover Square?
The median annual rent on leases registered in the last three months was AED 42K, and the best gross rental yield is about 10.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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