2-bed · 904 sqftThe Diplomat, Town Square · completed 2024

218, The Diplomat

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 891K23 March 2023
Current rentAED 90K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, The Diplomat

What is 218 worth today?

Last sold for AED 890,888 in 2023

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1 Aug 2026RentedRenewal
AED 90,000/yr12 months · AED 99 per sqft
1 Aug 2025RentedNew contract
AED 90,000/yr12 months · AED 99 per sqft
23 Mar 2023Sold by developerOff-plan
AED 890,888AED 985 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
904 sqft
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 891K · March 2023
Building
The Diplomat

About 218, The Diplomat

218 is a two-bedroom apartment of 904 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 23 March 2023 for AED 890,888, or AED 985 per sqft, 4% below the AED 1,030 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 90,000 a year: a gross yield of 10.1% on the 2023 price.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical two-bed in The Diplomat
1M1.25M20232024202520262027Typical 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 890,888 (AED 985 per sqft)

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

Rents
Unit 218, each contractTypical two-bed in The Diplomat
80K90K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 90,000New contract, August 2025: AED 90,000 a yearRenewal, August 2026: AED 90,000 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 218 sits

All 78 2-beds →

218 last sold in March 2023 at AED 985 per sqft, 4% below what two-beds in The Diplomat were fetching at the time (AED 1,030). 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. 218's AED 90,000 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 →

218, The Diplomat in numbers

  • Sold once: by Nshama Properties on 23 March 2023 for AED 890,888, or AED 985 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 10.1%.
  • 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 1 August 2026.

Questions about 218, The Diplomat

What did unit 218 last sell for?

AED 890,888 on 23 March 2023, sold by the developer: AED 985 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 90,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 90,000.

How big is unit 218?

904 sqft (84.0 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.

What is unit 218 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 218, The Diplomat

Starts from the last sale price (AED 891K, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 890,888
Deposit, UAE resident (20%)
AED 178,178
Deposit, non-resident (40%)
AED 356,355
Monthly over 25 years at 3.7%
AED 3,645

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