Hanover Square in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Hanover Square

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	39	11,331	441,667
2	106	7,936	841,250

Rents in Hanover Square

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	38	995	38,200
2	120	817	98,000

The cap rate (rental yield) of investments into Hanover Square project is 10.8% on average.

The price of an apartment in Hanover Square is 8,670 AED/sqm on average.

The long term rent of an apartment in Hanover Square is 926 AED/sqm/year on average.

Price for completed Studio apartment in Hanover Square is 441,667 AED or 11,331 AED/sqm.
Price for completed 2 bedroom apartment in Hanover Square is 841,250 AED or 7,936 AED/sqm.

Rent for Studio apartment in Hanover Square is 38,200 AED or 995 AED/sqm.
Rent for 2 bedroom apartment in Hanover Square is 98,000 AED or 817 AED/sqm.

About Hanover Square

'Hanover Square' in 'Jumeirah Village Circle' area project description

Hanover Square is a luxurious residential development located in the heart of Dubai. It is a part of the prestigious Jumeirah Village Circle (JVC) master development. The project is developed by the renowned developer, Danube Properties, and consists of two residential towers, each offering a selection of studio, one, two, and three-bedroom apartments.

The project is designed to provide residents with a luxurious lifestyle, complete with modern amenities and facilities. The two towers are connected by a podium, which houses a range of amenities, including a swimming pool, gym, sauna, steam room, and a children’s play area. The towers also feature a range of high-end finishes and fittings, such as marble flooring, Italian kitchens, and built-in wardrobes. The apartments are also equipped with the latest home automation systems, allowing residents to control their lighting, air conditioning, and security systems from their smartphones.

The development is located in close proximity to a range of shopping, dining, and entertainment options, including the Mall of the Emirates, Dubai Marina Mall, and Ibn Battuta Mall. It is also close to a number of schools, hospitals, and other essential amenities. The development is connected to major highways, such as Sheikh Zayed Road and Al Khail Road, providing easy access to the rest of the city.

Hanover Square is a luxurious residential development that offers residents a modern lifestyle, complete with a range of amenities and facilities. It is conveniently located in the heart of Dubai, close to a range of shopping, dining, and entertainment options, as well as essential amenities. The development is connected to major highways, providing easy access to the rest of the city.

Q&A on Hanover Square

What are the advantages of 'Hanover Square' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Hanover Square is located in the heart of Dubai’s Business Bay, offering easy access to the city’s main attractions, such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre.

2. High-End Amenities: Hanover Square offers high-end amenities, such as a rooftop pool, gym, and spa.

3. Luxury Living: The project features luxurious apartments with modern designs and high-end finishes.

4. Affordable Prices: Hanover Square offers competitive prices for luxury living in Dubai.

5. Investment Potential: The project is an ideal investment opportunity for real estate buyers, as it is located in a prime location and offers attractive returns.

What are the closest schools to 'Hanover Square' project in Dubai?

- JSS International School: Located within Jumeirah Village Circle itself, it offers the Indian (CBSE) curriculum.
- Nord Anglia International School Dubai: Situated in the nearby Al Barsha area, it offers the British curriculum.
- GEMS World Academy: Also in Al Barsha, this school offers the International Baccalaureate (IB) program.
- Global Indian International School: Another school offering the Indian curriculum, located in Al Barsha.
- Dubai British School: Located in Emirates Hills, a short drive away, offering the British curriculum.
- Sunmarke School: In Jumeirah Village Triangle, close to Jumeirah Village Circle, offering the British and International Baccalaureate (IB) curricula.