1-bed · 622 sqftThe Diplomat, Town Square · completed 2024

515, 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 515 · DLD and Ejari recordsUpdated 30 March 2023
Last soldAED 677K30 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, The Diplomat

What is 515 worth today?

Last sold for AED 676,888 in 2023

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30 Mar 2023Sold by developerOff-plan
AED 676,888AED 1,088 per sqft

Source: Dubai Land Department. Updated 30 March 2023.

Key facts

Type
1-bed apartment
Size
622 sqft
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 677K · March 2023
Building
The Diplomat

About 515, The Diplomat

515 is a one-bedroom apartment of 622 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 30 March 2023 for AED 676,888, or AED 1,088 per sqft, in line with the AED 1,087 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical one-bed in The Diplomat
700K800K2023202420252026Typical sale price by year: 2023 AED 667,388; 2025 AED 847,500Sold by developer, March 2023: AED 676,888 (AED 1,088 per sqft)

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

1-beds in The Diplomat, and where 515 sits

All 36 1-beds →

515 last sold in March 2023 at AED 1,088 per sqft, in line with what one-beds in The Diplomat were fetching at the time (AED 1,087). 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 salesUnit no.Price (AED)Summary
2 Jan 20261,000,000
15 Dec 2025860,000
13 May 2025865,000
25 Apr 2025845,000
2 1-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 →

515, The Diplomat in numbers

  • Sold once: by Nshama Properties on 30 March 2023 for AED 676,888, or AED 1,088 per sqft.
  • 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 30 March 2023.

Questions about 515, The Diplomat

What did unit 515 last sell for?

AED 676,888 on 30 March 2023, sold by the developer: AED 1,088 per sqft for 622 sqft. It is the only registered sale of the unit.

How big is unit 515?

622 sqft (57.8 sqm): a one-bedroom apartment of a 5-storey tower completed in 2024.

What is unit 515 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 515, The Diplomat

Starts from the last sale price (AED 677K, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 676,888
Deposit, UAE resident (20%)
AED 135,378
Deposit, non-resident (40%)
AED 270,755
Monthly over 25 years at 3.7%
AED 2,769

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