Studio · 318 sqftThe Diplomat, Town Square · completed 2024

517, 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 517 · DLD and Ejari recordsUpdated 27 March 2023
Last soldAED 451K27 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, The Diplomat

What is 517 worth today?

Last sold for AED 450,888 in 2023

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27 Mar 2023Sold by developerOff-plan
AED 450,888AED 1,418 per sqft

Source: Dubai Land Department. Updated 27 March 2023.

Key facts

Type
Studio apartment
Size
318 sqft
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 451K · March 2023
Building
The Diplomat

About 517, The Diplomat

517 is a studio of 318 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 27 March 2023 for AED 450,888, or AED 1,418 per sqft, 4% above the AED 1,363 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Studios in The Diplomat, and where 517 sits

All 9 studios →

517 last sold in March 2023 at AED 1,418 per sqft, 4% above what studios in The Diplomat were fetching at the time (AED 1,363). Over the last 12 months studios sold for AED 510,000, around AED 1,600 per sqft.

Recent studio salesUnit no.Price (AED)Summary
10 Jul 2025450,888
4 Apr 2025550,000
11 Apr 2023450,888
11 Apr 2023440,888
1 studio sale 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 →

517, The Diplomat in numbers

  • Sold once: by Nshama Properties on 27 March 2023 for AED 450,888, or AED 1,418 per sqft.
  • Studios in The Diplomat sold for AED 510,000–510,000 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 27 March 2023.

Questions about 517, The Diplomat

What did unit 517 last sell for?

AED 450,888 on 27 March 2023, sold by the developer: AED 1,418 per sqft for 318 sqft. It is the only registered sale of the unit.

How big is unit 517?

318 sqft (29.5 sqm): a studio of a 5-storey tower completed in 2024.

What is unit 517 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Diplomat sold for AED 510,000 to 510,000 in the last 12 months, around AED 1,600 per sqft.

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Mortgage on 517, The Diplomat

Starts from the last sale price (AED 451K, 27 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,888
Deposit, UAE resident (20%)
AED 90,178
Deposit, non-resident (40%)
AED 180,355
Monthly over 25 years at 3.7%
AED 1,845

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