Unit HSS-405, Hanover Square: what it sold for and what it is worth now

Unit HSS-405 at Hanover Square is a studio of 439 sq ft. It last sold for AED 300,000 on 17 Mar 2023. At AED 936 per sq ft, from 43 sales in the building in the last 12 months (studio), it is worth about AED 411,000 today.

Value todayAED 411,000AED 378,000 to AED 464,000
Last saleAED 300,00017 Mar 2023 · Resale
Change since last sale+37.0%Building trend alone: AED 402,295
Rent (median asking, studio)AED 40,000Gross yield 9.7%
Bedroomsstudio
Size439 sq ft
BuildingHanover Square by ACW Holdings Ltd, handed over 2015
Registered sales of this unit3

Every registered sale of unit HSS-405

DatePriceSizeAED/sq ftType
17 Mar 2023AED 300,000439 sq ft683Resale
10 Feb 2023AED 250,000439 sq ft569Resale
5 May 2021AED 250,000439 sq ft569Resale

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 (439 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 402,295. 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 HSS-405 at Hanover Square worth?

About AED 411,000 (range AED 378,000 to AED 464,000), based on AED 936 per sq ft from registered sales up to 9 Oct 2026.

When did unit HSS-405 last sell?

17 Mar 2023, for AED 300,000 (resale). It has 3 registered sales.

What rent can unit HSS-405 make?

A studio in Hanover Square rents for about AED 40,000 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

Sales alert for Hanover SquareAll sales in Hanover Square

Unit HSS-404 · Unit HSS-406