408, The Diplomat
Sold prices and rental history: sold once, by the developer in April 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, The Diplomat
What is 408 worth today?
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Source: Dubai Land Department. Updated 22 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 915 sqft
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 951K · April 2023
- Building
- The Diplomat
About 408, The Diplomat
408 is a two-bedroom apartment of 915 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 2 April 2023 for AED 950,888, or AED 1,039 per sqft, in line with the AED 1,025 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 September 2026. The current contract, signed on 22 September 2026, is AED 90,000 a year: a gross yield of 9.5% on the 2023 price.
Sales and rents for 408 over time
408 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 408 sits
All 78 2-beds →408 last sold in April 2023 at AED 1,039 per sqft, in line with what two-beds in The Diplomat were fetching at the time (AED 1,025). 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. 408'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%
408, The Diplomat in numbers
- Sold once: by Nshama Properties on 2 April 2023 for AED 950,888, or AED 1,039 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 9.5%.
- 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 22 September 2026.
Questions about 408, The Diplomat
What did unit 408 last sell for?
AED 950,888 on 2 April 2023, sold by the developer: AED 1,039 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 90,000 a year on the contract signed on 22 September 2026.
How big is unit 408?
915 sqft (85.0 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.
What is unit 408 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 408, The Diplomat
Starts from the last sale price (AED 951K, 2 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 950,888
- Deposit, UAE resident (20%)
- AED 190,178
- Deposit, non-resident (40%)
- AED 380,355
- Monthly over 25 years at 3.7%
- AED 3,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →