2-bed · 1,217 sqftThe Diplomat, Town Square · 1st floor · completed 2024

128, The Diplomat

Sold prices and rental history: sold twice, last in May 2026, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 128 · DLD and Ejari recordsUpdated 24 August 2026
Last soldAED 1.6M5 May 2026
Current rentAED 105K /yr24 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 128, The Diplomat

What is 128 worth today?

Last sold for AED 1,600,888 in 2026

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24 Aug 2026RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
5 May 2026SoldReady
AED 1,600,888AED 1,315 per sqft
27 Mar 2023Sold by developerOff-plan
AED 990,888AED 813 per sqft

Source: Dubai Land Department. Updated 24 August 2026.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
1st of 5
Parking
G-76
Developer
Nshama Properties
Completed
2024
Last sold
AED 1.6M · May 2026
Building
The Diplomat

About 128, The Diplomat

128 is a two-bedroom apartment of 1,217 sqft on the 1st floor of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 5 May 2026 for AED 1,600,888, or AED 1,315 per sqft, 11% below the AED 1,474 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 August 2026. The current contract, signed on 24 August 2026, is AED 105,000 a year: a gross yield of 6.6% on the 2026 price.

Sales and rents for 128 over time

Sales
Unit 128, each saleTypical two-bed in The Diplomat
1M1.5M20232024202520262027Typical sale price by year: 2023 AED 945,888; 2024 AED 1,025,000; 2025 AED 1,300,000; 2026 AED 1,387,500Sold by developer, March 2023: AED 990,888 (AED 813 per sqft)Sold, May 2026: AED 1,600,888 (AED 1,315 per sqft)

128 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 128, each contractTypical two-bed in The Diplomat
90K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 90,000New contract, August 2026: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Diplomat, and where 128 sits

All 78 2-beds →

128 last sold in May 2026 at AED 1,315 per sqft, 11% below what two-beds in The Diplomat were fetching at the time (AED 1,474). Over the last 12 months two-beds sold for AED 1,250,000 to 1,600,888, around AED 1,470 per sqft, and rent for AED 52,500 to 115,000 a year. 128's AED 105,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,355,000
7 Sep 20261,500,000
14 Aug 20261,250,000
17 Jun 20261,250,000
8 2-bed sales in the last 12 months

The Diplomat

Building

30 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%
The Diplomat, Town Square: prices, sales and rents →

Other units on the 1st floor

All 30 units in The Diplomat
Value
1051-bedAED 744K · Jul 2026
1071-bedAED 900K · May 2026
1102-bedAED 1.4M · Jan 2026
1151-bedAED 875K · Apr 2026
1192-bedAED 1.25M · Aug 2026
1272-bedAED 1.38M · May 2026

128, The Diplomat in numbers

  • Sold twice: first on 27 March 2023 for AED 990,888, last on 5 May 2026 for AED 1,600,888 (AED 1,315 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2026 price is 6.6%.
  • Two-beds in The Diplomat sold for AED 1,250,000–1,600,888 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 24 August 2026.

Questions about 128, The Diplomat

What did unit 128 last sell for?

AED 1,600,888 on 5 May 2026: AED 1,315 per sqft for 1,217 sqft. The unit has 2 registered sales; the first was AED 990,888 in March 2023.

What is the rent for unit 128?

AED 105,000 a year on the contract signed on 24 August 2026.

How big is unit 128?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2024.

What is unit 128 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 1,250,000 to 1,600,888 in the last 12 months, around AED 1,470 per sqft.

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Mortgage on 128, The Diplomat

Starts from the last sale price (AED 1.6M, 5 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,888
Deposit, UAE resident (20%)
AED 320,178
Deposit, non-resident (40%)
AED 640,355
Monthly over 25 years at 3.7%
AED 6,550

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