Unit HSN-425, Hanover Square: what it sold for and what it is worth now

Unit HSN-425 at Hanover Square is a studio of 382 sq ft. It last sold for AED 400,000 on 20 Sep 2024. At AED 936 per sq ft, from 43 sales in the building in the last 12 months (studio), it is worth about AED 358,000 today.

Value todayAED 358,000AED 329,000 to AED 404,000
Last saleAED 400,00020 Sep 2024 · Resale
Change since last sale-10.5%Building trend alone: AED 401,472
Rent (median asking, studio)AED 40,000Gross yield 11.2%
Bedroomsstudio
Size382 sq ft
BuildingHanover Square by ACW Holdings Ltd, handed over 2015
Registered sales of this unit2

Every registered sale of unit HSN-425

DatePriceSizeAED/sq ftType
20 Sep 2024AED 400,000382 sq ft1,047Resale
24 May 2024AED 240,000382 sq ft628Resale

Latest studio sales in Hanover Square

UnitDatePriceSizeAED/sq ftType
HSN-2189 Oct 2026AED 435,000451 sq ft965Resale
HSS-22930 Sep 2026AED 430,000428 sq ft1,005Resale
HSN-12828 Sep 2026AED 405,000383 sq ft1,057Resale
HSN-33017 Sep 2026AED 405,000451 sq ft898Resale
HSS-23015 Sep 2026AED 380,245451 sq ft843Resale
HSS-32531 Aug 2026AED 340,000396 sq ft859Resale
HSC-21814 Aug 2026AED 384,436345 sq ft1,114Resale
HSS-42510 Aug 2026AED 403,000382 sq ft1,055Resale

How we worked out the value

We took the 43 sales in Hanover Square in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 936). We multiplied it by the size of this unit (382 sq ft). The range uses the middle half of those sales (AED 860 to AED 1,058 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 401,472. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit HSN-425 at Hanover Square worth?

About AED 358,000 (range AED 329,000 to AED 404,000), based on AED 936 per sq ft from registered sales up to 9 Oct 2026.

When did unit HSN-425 last sell?

20 Sep 2024, for AED 400,000 (resale). It has 2 registered sales.

What rent can unit HSN-425 make?

A studio in Hanover Square rents for about AED 40,000 a year (median asking rent). That is a gross yield of 11.2% on the estimate.

Sales alert for Hanover SquareAll sales in Hanover Square

Unit HSN-422 · Unit HSN-428