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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Jumeirah Village Circle · August 2026

Hanover Square

Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026

Period covered: Sep 24 to Aug 26 · Ref AR-B1635-202608

Key takeaways

  • Median price for apartments: AED 393,718 (AED 10,299 per sqm).
  • Per sqm, apartments here are 32% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
  • 4 sales recorded in August 2026.
  • Studio apartments were the most traded size: median AED 395,000 across 9 sales in three months.

1.Apartments4 sales · August 2026

Median sale priceAED 393,718—vs last year
Median price / sqmAED 10,299—vs last year32% below the Jumeirah Village Circle average
Sales recorded4—vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 of 4
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 4 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

11K10K9.3K10Sep 24May 25Jan 26Aug 26
Sep 24 · 8.9K /sqmAug 26 · 10K /sqm · 4 sales

Median annual rent and new contracts · 24 months

65K56K47K4Sep 24May 25Jan 26Aug 26
Sep 24 · 50K /yrJul 26 · 42K /yr · 1 new contracts

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20264AED 393,718AED 10,299——
July 20263AED 550,000AED 9,273AED 42,0007.6%
June 20265AED 395,000AED 10,069——
May 20261AED 1,022,020AED 8,404AED 44,0004.3%
April 20264AED 403,500AED 9,977AED 72,00017.8%
March 20263AED 670,000AED 11,834——

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
Studio9AED 395,000AED 10,069—1

Registered sales and new rental contracts pooled over three months; medians only. Bedroom counts with fewer than five records are not shown.

3.Recent saleslast 15 registered in Hanover Square

DateUnitSize sqmPriceAED / sqmStatus
31 Aug 2026Studio37AED 340,000AED 9,247Ready
20 Aug 20262 bedrooms120AED 909,604AED 7,582Ready
17 Aug 2026Studio32AED 384,435AED 12,010Ready
11 Aug 20261 bedroom63AED 6,266AED 100Ready
11 Aug 2026Studio36AED 403,000AED 11,352Ready
10 Aug 20261 bedroom69AED 37,032AED 534Ready
7 Aug 20261 bedroom69AED 45,614AED 658Ready
17 Jul 20261 bedroom63AED 40,960AED 654Ready
14 Jul 2026Studio46AED 430,000AED 9,273Ready
14 Jul 20261 bedroom69AED 675,000AED 9,757Ready
13 Jul 20261 bedroom62AED 550,000AED 8,924Ready
26 Jun 2026Studio35AED 380,000AED 10,713Ready
23 Jun 2026Studio42AED 395,000AED 9,316Ready
10 Jun 2026Studio45AED 413,145AED 9,179Ready
5 Jun 2026Studio36AED 385,000AED 10,812Ready

Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.

Comparables for a specific unit

Enter the client's unit and the report gains a section of every registered sale of that size and type in Hanover Square over the last two years. It stays in the link and the PDF.

4.Methodology and source

Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through September 2, 2026, rents through August 21, 2026). No listings, asking prices, or estimates.

Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than thirty sales carry a small-sample note.

Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.

Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.

Full methodology