2-bed · 904 sqftThe Diplomat, Town Square · completed 2024

311, The Diplomat

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 877K23 March 2023
Current rentAED 93K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, The Diplomat

What is 311 worth today?

Last sold for AED 876,888 in 2023

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10 Mar 2025RentedNew contract
AED 93,000/yr12 months · AED 103 per sqft
23 Mar 2023Sold by developerOff-plan
AED 876,888AED 970 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
904 sqft
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 877K · March 2023
Building
The Diplomat

About 311, The Diplomat

311 is a two-bedroom apartment of 904 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 23 March 2023 for AED 876,888, or AED 970 per sqft, 6% below the AED 1,028 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2025. The current contract, signed on 10 March 2025, is AED 93,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in The Diplomat
1M1.2M2023202420252026Typical sale price by year: 2023 AED 945,888; 2024 AED 1,150,000; 2025 AED 1,300,000Sold by developer, March 2023: AED 876,888 (AED 970 per sqft)

311 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in The Diplomat, and where 311 sits

All 72 2-beds →

311 last sold in March 2023 at AED 970 per sqft, 6% below what two-beds in The Diplomat were fetching at the time (AED 1,028). Over the last 12 months two-beds sold for AED 1,400,000 to 1,425,000, around AED 1,547 per sqft, and rent for AED 105,000 to 105,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20261,400,000
25 Jul 20251,300,000
23 Jul 20251,320,000
22 Jul 20251,430,000
2 2-bed sales in the last 12 months

The Diplomat

Building

24 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%
The Diplomat, Town Square: prices, sales and rents →

311, The Diplomat in numbers

  • Sold once: by Nshama Properties on 23 March 2023 for AED 876,888, or AED 970 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2023 price is 10.6%.
  • Two-beds in The Diplomat sold for AED 1,400,000–1,425,000 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 10 March 2025.

Questions about 311, The Diplomat

What did unit 311 last sell for?

AED 876,888 on 23 March 2023, sold by the developer: AED 970 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 93,000 a year on the contract signed on 10 March 2025.

How big is unit 311?

904 sqft (84.0 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Diplomat sold for AED 1,400,000 to 1,425,000 in the last 12 months, around AED 1,547 per sqft.

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Mortgage on 311, The Diplomat

Starts from the last sale price (AED 877K, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 876,888
Deposit, UAE resident (20%)
AED 175,378
Deposit, non-resident (40%)
AED 350,755
Monthly over 25 years at 3.7%
AED 3,588

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →