2-bed · 908 sqftThe Diplomat, Town Square · completed 2024

503, The Diplomat

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 31 March 2023
Last soldAED 936K31 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, The Diplomat

What is 503 worth today?

Last sold for AED 935,888 in 2023

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31 Mar 2023Sold by developerOff-plan
AED 935,888AED 1,031 per sqft

Source: Dubai Land Department. Updated 31 March 2023.

Key facts

Type
2-bed apartment
Size
908 sqft
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 936K · March 2023
Building
The Diplomat

About 503, The Diplomat

503 is a two-bedroom apartment of 908 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 31 March 2023 for AED 935,888, or AED 1,031 per sqft, in line with the AED 1,020 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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 935,888 (AED 1,031 per sqft)

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

2-beds in The Diplomat, and where 503 sits

All 72 2-beds →

503 last sold in March 2023 at AED 1,031 per sqft, in line with what two-beds in The Diplomat were fetching at the time (AED 1,020). 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 →

503, The Diplomat in numbers

  • Sold once: by Nshama Properties on 31 March 2023 for AED 935,888, or AED 1,031 per sqft.
  • 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 31 March 2023.

Questions about 503, The Diplomat

What did unit 503 last sell for?

AED 935,888 on 31 March 2023, sold by the developer: AED 1,031 per sqft for 908 sqft. It is the only registered sale of the unit.

How big is unit 503?

908 sqft (84.4 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.

What is unit 503 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 503, The Diplomat

Starts from the last sale price (AED 936K, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 935,888
Deposit, UAE resident (20%)
AED 187,178
Deposit, non-resident (40%)
AED 374,355
Monthly over 25 years at 3.7%
AED 3,829

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