2-bed · 953 sqftThe Diplomat, Town Square · completed 2024

501, The Diplomat

Sold prices and rental history: sold twice, last in May 2025, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 1.33M1 May 2025
Current rentAED 100K /yr23 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, The Diplomat

What is 501 worth today?

Last sold for AED 1,330,000 in 2025

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23 Jun 2025RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
1 May 2025SoldReady
AED 1,330,000AED 1,395 per sqft
6 Apr 2023Sold by developerOff-plan
AED 975,888AED 1,025 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
2-bed apartment
Size
953 sqft
Parking
G-51
Developer
Nshama Properties
Completed
2024
Last sold
AED 1.33M · May 2025
Building
The Diplomat

About 501, The Diplomat

501 is a two-bedroom apartment of 953 sqft of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 1 May 2025 for AED 1,330,000, or AED 1,395 per sqft, 8% above the AED 1,297 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 June 2025. The current contract, signed on 23 June 2025, is AED 100,000 a year: a gross yield of 7.5% on the 2025 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in The Diplomat
1M1.25M20232024202520262027Typical sale price by year: 2023 AED 945,888; 2024 AED 1,025,000; 2025 AED 1,300,000; 2026 AED 1,387,500Sold by developer, April 2023: AED 975,888 (AED 1,025 per sqft)Sold, May 2025: AED 1,330,000 (AED 1,395 per sqft)

501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in The Diplomat
90K95K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 90,000New contract, June 2025: AED 100,000 a year

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 501 sits

All 78 2-beds →

501 last sold in May 2025 at AED 1,395 per sqft, 8% above what two-beds in The Diplomat were fetching at the time (AED 1,297). 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. 501's AED 100,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,355,000
7 Sep 20261,500,000
14 Aug 20261,250,000
17 Jun 20261,250,000
8 2-bed 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 →

501, The Diplomat in numbers

  • Sold twice: first on 6 April 2023 for AED 975,888, last on 1 May 2025 for AED 1,330,000 (AED 1,395 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 7.5%.
  • 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 23 June 2025.

Questions about 501, The Diplomat

What did unit 501 last sell for?

AED 1,330,000 on 1 May 2025: AED 1,395 per sqft for 953 sqft. The unit has 2 registered sales; the first was AED 975,888 in April 2023.

What is the rent for unit 501?

AED 100,000 a year on the contract signed on 23 June 2025.

How big is unit 501?

953 sqft (88.5 sqm): a two-bedroom apartment of a 5-storey tower completed in 2024.

What is unit 501 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 501, The Diplomat

Starts from the last sale price (AED 1.33M, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →