402, The Diplomat
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, The Diplomat
What is 402 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 947 sqft
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 971K · March 2023
- Building
- The Diplomat
About 402, The Diplomat
402 is a two-bedroom apartment of 947 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 970,888, or AED 1,025 per sqft, in line with the AED 1,020 two-beds in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 27 August 2026, is AED 105,000 a year: a gross yield of 10.8% on the 2023 price.
Sales and rents for 402 over time
402 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 402 sits
All 78 2-beds →402 last sold in March 2023 at AED 1,025 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. 402's AED 105,000 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%
402, The Diplomat in numbers
- Sold once: by Nshama Properties on 27 March 2023 for AED 970,888, or AED 1,025 per sqft.
- Rented since April 2026 on 2 Ejari contracts, from AED 100,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 10.8%.
- 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 27 August 2026.
Questions about 402, The Diplomat
What did unit 402 last sell for?
AED 970,888 on 27 March 2023, sold by the developer: AED 1,025 per sqft for 947 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 105,000 a year on the contract signed on 27 August 2026. The previous contract, from April 2026, was AED 100,000.
How big is unit 402?
947 sqft (88.0 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.
What is unit 402 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.
Selling 402? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 402, The Diplomat
Starts from the last sale price (AED 971K, 27 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 970,888
- Deposit, UAE resident (20%)
- AED 194,178
- Deposit, non-resident (40%)
- AED 388,355
- Monthly over 25 years at 3.7%
- AED 3,972
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →