427, 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 427, The Diplomat
What is 427 worth today?
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Source: Dubai Land Department. Updated 20 July 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 427, The Diplomat
427 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 26 March 2023 for AED 970,888, or AED 1,025 per sqft, in line with the AED 1,029 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 20 July 2026, is AED 85,000 a year: a gross yield of 8.8% on the 2023 price.
Sales and rents for 427 over time
427 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 427 sits
All 78 2-beds →427 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 1,029). 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. 427's AED 85,000 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%
427, The Diplomat in numbers
- Sold once: by Nshama Properties on 26 March 2023 for AED 970,888, or AED 1,025 per sqft.
- Rented since July 2025 on 2 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 8.8%.
- 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 20 July 2026.
Questions about 427, The Diplomat
What did unit 427 last sell for?
AED 970,888 on 26 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 427?
AED 85,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 85,000.
How big is unit 427?
947 sqft (88.0 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.
What is unit 427 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 427, The Diplomat
Starts from the last sale price (AED 971K, 26 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 →