124, The Diplomat
Sold prices and rental history: sold once, by the developer in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 124, The Diplomat
What is 124 worth today?
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Source: Dubai Land Department. Updated 3 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 700 sqft
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 699K · April 2023
- Building
- The Diplomat
About 124, The Diplomat
124 is a one-bedroom apartment of 700 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 3 April 2023 for AED 698,888, or AED 999 per sqft, 7% below the AED 1,080 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 3 June 2026, is AED 62,000 a year: a gross yield of 8.9% on the 2023 price.
Sales and rents for 124 over time
124 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Diplomat, and where 124 sits
All 42 1-beds →124 last sold in April 2023 at AED 999 per sqft, 7% below what one-beds in The Diplomat were fetching at the time (AED 1,080). Over the last 12 months one-beds sold for AED 743,750 to 1,020,888, around AED 1,429 per sqft, and rent for AED 60,000 to 75,000 a year. 124's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 700 sqft | 743,750 | 1,062 | ||
| 19 May 202619 May 2026 | 644 sqft | 900,000 | 1,396 | ||
| 10 Apr 202610 April 2026 | 622 sqft | 950,000 | 1,526 | ||
| 6 Apr 20266 April 2026 | 622 sqft | 875,000 | 1,405 |
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%
124, The Diplomat in numbers
- Sold once: by Nshama Properties on 3 April 2023 for AED 698,888, or AED 999 per sqft.
- Rented since June 2025 on 3 Ejari contracts, at AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2023 price is 8.9%.
- One-beds in The Diplomat sold for AED 743,750–1,020,888 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 3 June 2026.
Questions about 124, The Diplomat
What did unit 124 last sell for?
AED 698,888 on 3 April 2023, sold by the developer: AED 999 per sqft for 700 sqft. It is the only registered sale of the unit.
What is the rent for unit 124?
AED 62,000 a year on the contract renewed on 3 June 2026. The previous contract, from June 2025, was AED 62,000; the unit has been rented since June 2025.
How big is unit 124?
700 sqft (65.0 sqm): a one-bedroom apartment of a 5-storey tower completed in 2024.
What is unit 124 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 743,750 to 1,020,888 in the last 12 months, around AED 1,429 per sqft.
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Mortgage on 124, The Diplomat
Starts from the last sale price (AED 699K, 3 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 698,888
- Deposit, UAE resident (20%)
- AED 139,778
- Deposit, non-resident (40%)
- AED 279,555
- Monthly over 25 years at 3.7%
- AED 2,859
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →