HANOVER SQUARE

Resale
Started
16 years 9 months ago14-04-2009
Handover
10 years ago27-12-2015
Status
CompleteFinished
Project Description

Freehold residential development located at Jumeirah Village South. Designed and constructed as 2B+G+4 Floor level building; designed to be built as a concrete skeleton and block works with cement render finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-7%
Decline
Current:AED 854/sqft
Last 12M:AED 923/sqft
Momentum: Last 12Mvs Prior Year
Rising
+5%
Growth
Last 12M:AED 923/sqft
Prior Year:AED 875/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount
-32%
Below Avg
Project:AED 854/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate
14%Turnover
58Sold (Last 12M)

Supply & Demand Matrix

HANOVER SQUARE averaged 14% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
Studio
295 units
13%
Velocity
1 Bedroom
76 units
11%
Velocity
2 Bedrooms
48 units
27%
Velocity

Layouts & Units (419)

Asset Class
Studio FlatPodium + Floors 1-4
Inventory
295units
79 layouts · Typically 1 parking
3-32 sqm balcony
Size Range
226-707sqft
Price Range
AED 146K - AED 750K
Avg PSF
971
Sales
213
Trend
Asset Class
1 Bed FlatPodium + Floors 1-4
Inventory
76units
37 layouts · Typically 1 parking
4-62 sqm balcony
Size Range
484-1,073sqft
Price Range
AED 61K - AED 774K
Avg PSF
835
Sales
66
Trend
Asset Class
2 Bed FlatPodium + Floors 1-4
Inventory
48units
39 layouts · Typically 1.2 parking
6-89 sqm balcony
Size Range
482-1,818sqft
Price Range
AED 250K - AED 1.2M
Avg PSF
757
Sales
43
Trend
Asset Class
Building
Inventory
0units
Size Range
106,281-106,281sqft
Price Range
Avg PSF
258
Sales
0
Trend

Grouped into 4 asset classes covering 419 units