124, The Diplomat
Sold prices and rental history: sold once, by the developer in April 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 124, The Diplomat
What is 124 worth today?
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Source: Dubai Land Department. Updated 3 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 700 sqft
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 699K · April 2023
- Building
- The Diplomat
About 124, The Diplomat
124 is a one-bedroom apartment of 700 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 3 April 2023 for AED 698,888, or AED 999 per sqft, 7% below the AED 1,080 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 June 2025. The current contract, signed on 3 June 2025, is AED 62,000 a year: a gross yield of 8.9% on the 2023 price.
Sales and rents for 124 over time
124 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in The Diplomat, and where 124 sits
All 36 1-beds →124 last sold in April 2023 at AED 999 per sqft, 7% below what one-beds in The Diplomat were fetching at the time (AED 1,080). Over the last 12 months one-beds sold for AED 860,000 to 1,000,000, around AED 1,572 per sqft, and rent for AED 65,000 to 65,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 592 sqft | 1,000,000 | 1,690 | ||
| 15 Dec 202515 December 2025 | 592 sqft | 860,000 | 1,453 | ||
| 13 May 202513 May 2025 | 644 sqft | 865,000 | 1,342 | ||
| 25 Apr 202525 April 2025 | 613 sqft | 845,000 | 1,379 |
The Diplomat
Building24 apartments, studios to 3-bed over 5 floors in Town Square, completed in 2024 by Nshama Properties. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,548
- Typical sale
- AED 1M
- Typical rent
- AED 85K /yr
- Typical yield
- 7.1%
124, The Diplomat in numbers
- Sold once: by Nshama Properties on 3 April 2023 for AED 698,888, or AED 999 per sqft.
- Rented since June 2025 on one Ejari contract, at AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2023 price is 8.9%.
- One-beds in The Diplomat sold for AED 860,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,548 per sqft.
Source: Dubai Land Department. Updated 3 June 2025.
Questions about 124, The Diplomat
What did unit 124 last sell for?
AED 698,888 on 3 April 2023, sold by the developer: AED 999 per sqft for 700 sqft. It is the only registered sale of the unit.
What is the rent for unit 124?
AED 62,000 a year on the contract signed on 3 June 2025.
How big is unit 124?
700 sqft (65.0 sqm): a one-bedroom apartment of a 5-storey tower completed in 2024.
What is unit 124 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Diplomat sold for AED 860,000 to 1,000,000 in the last 12 months, around AED 1,572 per sqft.
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Mortgage on 124, The Diplomat
Starts from the last sale price (AED 699K, 3 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 698,888
- Deposit, UAE resident (20%)
- AED 139,778
- Deposit, non-resident (40%)
- AED 279,555
- Monthly over 25 years at 3.7%
- AED 2,859
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →