516, The Diplomat
Sold prices and rental history: sold twice, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, The Diplomat
What is 516 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 890 sqft
- Floor
- 5th of 5
- Parking
- G-31
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 1.3M · May 2025
- Building
- The Diplomat
About 516, The Diplomat
516 is a two-bedroom apartment of 890 sqft on the 5th floor of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 8 May 2025 for AED 1,300,000, or AED 1,461 per sqft, 9% above the AED 1,339 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in The Diplomat, and where 516 sits
All 72 2-beds →516 last sold in May 2025 at AED 1,461 per sqft, 9% above what two-beds in The Diplomat were fetching at the time (AED 1,339). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 906 sqft | 1,400,000 | 1,545 | ||
| 25 Jul 202525 July 2025 | 908 sqft | 1,300,000 | 1,431 | ||
| 23 Jul 202523 July 2025 | 920 sqft | 1,320,000 | 1,434 | ||
| 22 Jul 202522 July 2025 | 890 sqft | 1,430,000 | 1,607 |
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%
Other units on the 5th floor
All 24 units in The Diplomat| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 953 sqft | AED 1.33MAED 1,330,000 · May 2025May 2025 | ||
| 508 | 920 sqft | AED 1.43MAED 1,425,000 · Feb 2026February 2026 | |||
| 510 | 2-bed | 906 sqft | AED 1.35MAED 1,350,000 · Jun 2025June 2025 | ||
| 511 | 2-bed | 908 sqft | AED 1.38MAED 1,375,000 · Apr 2025April 2025 | ||
| 512 | Studio | 319 sqft | AED 451KAED 450,888 · Jul 2025July 2025 | ||
| 513 | 2-bed | 890 sqft | AED 1.25MAED 1,250,000 · Jun 2025June 2025 | ||
| 520 | 1,464 sqft | AED 2.2MAED 2,200,000 · Nov 2025November 2025 | |||
| 522 | 644 sqft | AED 900KAED 900,000 · Oct 2025October 2025 |
516, The Diplomat in numbers
- Sold twice: first on 24 March 2023 for AED 945,888, last on 8 May 2025 for AED 1,300,000 (AED 1,461 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 8 May 2025.
Questions about 516, The Diplomat
What did unit 516 last sell for?
AED 1,300,000 on 8 May 2025: AED 1,461 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 945,888 in March 2023.
How big is unit 516?
890 sqft (82.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.
What is unit 516 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.
Selling 516? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 516, The Diplomat
Starts from the last sale price (AED 1.3M, 8 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →