Dubai Land Department Off-Plan Register

Hanover Square Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

419 developer launch sales registered at Hanover Square between May 2009 and Jan 2016: 100% apartments, most commonly studio units, typically around 447 sqft.

Launch sales
419
DLD off-plan registrations, all time
Median launch /sqft
AED 1,053
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 209,4161,467,810
Min – max registered

Bed mix: Studio 71% · 1-bed 17% · 2-bed 12%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Hanover Square, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q2320AED 1,058
2009 Q343AED 1,050
2009 Q47AED 1,089
2010 Q14AED 1,043
2011 Q31AED 1,176
2012 Q41AED 1,272
2013 Q32AED 595
2014 Q11AED 809
2014 Q25AED 1,049
2014 Q310AED 1,000
2014 Q42AED 988
2015 Q14AED 992
2015 Q23AED 958
2015 Q33AED 975
2015 Q46AED 752
2016 Q17AED 595
Two different markets

Launch vs Resale

Hanover Square also has 352 ready-market resales registered with the DLD, the first on 9 May 2016 - 84 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
352
114 in the last 2 years
Resale median /sqft
AED 918
last 2 years
Resale vs launch
-13%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Hanover Square →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,267 sqft · 21 January 2016
AED 753,734
AED 595 /sqft
Apartment · 1 Bed
778 sqft · 18 January 2016
AED 463,136
AED 595 /sqft
Apartment · 2 Bed
1,267 sqft · 18 January 2016
AED 753,734
AED 595 /sqft
Apartment · 2 Bed
1,287 sqft · 18 January 2016
AED 765,634
AED 595 /sqft
Apartment · 2 Bed
1,267 sqft · 18 January 2016
AED 753,734
AED 595 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Jumeirah Village Circle (JVC)

Off-plan in Jumeirah Village Circle (JVC)

Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.

All Jumeirah Village Circle (JVC) projects

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