117, The Diplomat
Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 117, The Diplomat
What is 117 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 318 sqft
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 431K · March 2023
- Building
- The Diplomat
About 117, The Diplomat
117 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 29 March 2023 for AED 430,888, or AED 1,355 per sqft, in line with the AED 1,362 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2026. The current contract, renewed on 1 March 2026, is AED 40,000 a year: a gross yield of 9.3% on the 2023 price.
Sales and rents for 117 over time
117 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in The Diplomat, and where 117 sits
All 10 studios →117 last sold in March 2023 at AED 1,355 per sqft, in line with what studios in The Diplomat were fetching at the time (AED 1,362). Over the last 12 months studios sold for AED 500,000 to 510,000, around AED 1,585 per sqft, and rent for AED 40,000 to 47,000 a year. 117's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 319 sqft | 500,000 | 1,569 | ||
| 3 Dec 20253 December 2025 | 319 sqft | 510,000 | 1,600 | ||
| 10 Jul 202510 July 2025 | 319 sqft | 450,888 | 1,415 | ||
| 4 Apr 20254 April 2025 | 319 sqft | 550,000 | 1,726 |
The Diplomat
Building30 apartments, studios to 3-bed over 5 floors in Town Square, completed in 2024 by Nshama Properties. 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,491 Up 6.8%
- Typical sale
- AED 1.02M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.9%
117, The Diplomat in numbers
- Sold once: by Nshama Properties on 29 March 2023 for AED 430,888, or AED 1,355 per sqft.
- Rented since March 2026 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 9.3%.
- Studios in The Diplomat sold for AED 500,000–510,000 in the 12 months to November 2026; the building's median across all types is AED 1,491 per sqft.
Source: Dubai Land Department. Updated 1 March 2026.
Questions about 117, The Diplomat
What did unit 117 last sell for?
AED 430,888 on 29 March 2023, sold by the developer: AED 1,355 per sqft for 318 sqft. It is the only registered sale of the unit.
What is the rent for unit 117?
AED 40,000 a year on the contract renewed on 1 March 2026.
How big is unit 117?
318 sqft (29.5 sqm): a studio of a 5-storey tower completed in 2024.
What is unit 117 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 500,000 to 510,000 in the last 12 months, around AED 1,585 per sqft.
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Mortgage on 117, The Diplomat
Starts from the last sale price (AED 431K, 29 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 430,888
- Deposit, UAE resident (20%)
- AED 86,178
- Deposit, non-resident (40%)
- AED 172,355
- Monthly over 25 years at 3.7%
- AED 1,763
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →