401, 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.
Property timeline for 401, The Diplomat
What is 401 worth today?
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Source: Dubai Land Department. Updated 30 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 952 sqft
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 981K · March 2023
- Building
- The Diplomat
About 401, The Diplomat
401 is a two-bedroom apartment of 952 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 28 March 2023 for AED 980,888, or AED 1,030 per sqft, in line with the AED 1,020 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 30 April 2026, is AED 90,000 a year: a gross yield of 9.2% on the 2023 price.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
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 401 sits
All 78 2-beds →401 last sold in March 2023 at AED 1,030 per sqft, in line with what two-beds in The Diplomat were fetching at the time (AED 1,020). 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. 401's AED 90,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 908 sqft | 1,355,000 | 1,491 | ||
| 7 Sep 20267 September 2026 | 909 sqft | 1,500,000 | 1,650 | ||
| 14 Aug 202614 August 2026 | 906 sqft | 1,250,000 | 1,379 | ||
| 17 Jun 202617 June 2026 | 908 sqft | 1,250,000 | 1,376 |
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%
401, The Diplomat in numbers
- Sold once: by Nshama Properties on 28 March 2023 for AED 980,888, or AED 1,030 per sqft.
- Rented since April 2025 on 2 Ejari contracts, from AED 107,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 9.2%.
- 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 30 April 2026.
Questions about 401, The Diplomat
What did unit 401 last sell for?
AED 980,888 on 28 March 2023, sold by the developer: AED 1,030 per sqft for 952 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 90,000 a year on the contract signed on 30 April 2026. The previous contract, from April 2025, was AED 107,000.
How big is unit 401?
952 sqft (88.4 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.
What is unit 401 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 401, The Diplomat
Starts from the last sale price (AED 981K, 28 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 980,888
- Deposit, UAE resident (20%)
- AED 196,178
- Deposit, non-resident (40%)
- AED 392,355
- Monthly over 25 years at 3.7%
- AED 4,013
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →