Studio · 318 sqftThe Diplomat, Town Square · completed 2024

317, 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 317 · DLD and Ejari recordsUpdated 13 March 2026
Last soldAED 431K27 March 2023
Current rentAED 47K /yr13 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317, The Diplomat

What is 317 worth today?

Last sold for AED 430,888 in 2023

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13 Mar 2026RentedNew contract
AED 47,000/yr12 months · AED 146 per sqft
13 Mar 2025RentedNew contract
AED 43,000/yr12 months · AED 133 per sqft
27 Mar 2023Sold by developerOff-plan
AED 430,888AED 1,355 per sqft

Source: Dubai Land Department. Updated 13 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 317, The Diplomat

317 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 27 March 2023 for AED 430,888, or AED 1,355 per sqft, in line with the AED 1,368 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 13 March 2026, is AED 47,000 a year: a gross yield of 10.9% on the 2023 price.

Sales and rents for 317 over time

Sales
Unit 317, each saleTypical studio in The Diplomat
450K500K2023202420252026Typical sale price by year: 2023 AED 435,388; 2025 AED 510,000Sold by developer, March 2023: AED 430,888 (AED 1,355 per sqft)

317 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 317, each contractTypical studio in The Diplomat
43K45K48K202520262027Typical rent by year: 2025 AED 42,000; 2026 AED 42,000New contract, March 2025: AED 43,000 a yearNew contract, March 2026: AED 47,000 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 317 sits

All 10 studios →

317 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 1,368). 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. 317's AED 47,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Aug 2026500,000
3 Dec 2025510,000
10 Jul 2025450,888
4 Apr 2025550,000
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 →

317, The Diplomat in numbers

  • Sold once: by Nshama Properties on 27 March 2023 for AED 430,888, or AED 1,355 per sqft.
  • Rented since March 2025 on 2 Ejari contracts, from AED 43,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2023 price is 10.9%.
  • 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 13 March 2026.

Questions about 317, The Diplomat

What did unit 317 last sell for?

AED 430,888 on 27 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 317?

AED 47,000 a year on the contract signed on 13 March 2026. The previous contract, from March 2025, was AED 43,000.

How big is unit 317?

318 sqft (29.5 sqm): a studio of a 5-storey tower completed in 2024.

What is unit 317 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 317, The Diplomat

Starts from the last sale price (AED 431K, 27 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 →