Studio · 319 sqftThe Diplomat, Town Square · 2nd floor · completed 2024

217, The Diplomat

Sold prices and rental history: sold twice, last in April 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 550K4 April 2025
Current rentAED 42K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, The Diplomat

What is 217 worth today?

Last sold for AED 550,000 in 2025

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15 Aug 2026RentedRenewal
AED 42,000/yr12 months · AED 130 per sqft
4 Apr 2025SoldReady
AED 550,000AED 1,726 per sqft
27 Mar 2023Sold by developerOff-plan
AED 435,888AED 1,371 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
Studio apartment
Size
319 sqft
Floor
2nd of 5
Parking
G-106
Developer
Nshama Properties
Completed
2024
Last sold
AED 550K · April 2025
Building
The Diplomat

About 217, The Diplomat

217 is a studio of 319 sqft on the 2nd floor of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 4 April 2025 for AED 550,000, or AED 1,726 per sqft.

One Ejari contract is registered, from 15 August 2026. The current contract, renewed on 15 August 2026, is AED 42,000 a year: a gross yield of 7.6% on the 2025 price.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical studio in The Diplomat
500K2023202420252026Typical sale price by year: 2023 AED 435,388; 2025 AED 510,000Sold by developer, March 2023: AED 435,888 (AED 1,371 per sqft)Sold, April 2025: AED 550,000 (AED 1,726 per sqft)

217 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in The Diplomat
40K45K202520262027Typical rent by year: 2025 AED 42,000; 2026 AED 42,000Renewal, August 2026: AED 42,000 a year

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 217 sits

All 10 studios →

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. 217's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Aug 2026500,000
3 Dec 2025510,000
10 Jul 2025450,888
11 Apr 2023450,888
2 studio 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 2nd floor

All 30 units in The Diplomat
Value
2052-bedAED 1.3M · Jun 2025
2112-bedAED 1.3M · May 2025
2251-bedAED 830K · Mar 2026

217, The Diplomat in numbers

  • Sold twice: first on 27 March 2023 for AED 435,888, last on 4 April 2025 for AED 550,000 (AED 1,726 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 7.6%.
  • 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 15 August 2026.

Questions about 217, The Diplomat

What did unit 217 last sell for?

AED 550,000 on 4 April 2025: AED 1,726 per sqft for 319 sqft. The unit has 2 registered sales; the first was AED 435,888 in March 2023.

What is the rent for unit 217?

AED 42,000 a year on the contract renewed on 15 August 2026.

How big is unit 217?

319 sqft (29.6 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2024.

What is unit 217 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 217, The Diplomat

Starts from the last sale price (AED 550K, 4 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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