506, The Diplomat
Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, The Diplomat
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 612 sqft
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 676K · March 2023
- Building
- The Diplomat
About 506, The Diplomat
506 is a one-bedroom apartment of 612 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 675,888, or AED 1,104 per sqft, in line with the AED 1,080 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 April 2025. The current contract, signed on 1 April 2025, is AED 48,000 a year: a gross yield of 7.1% on the 2023 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Diplomat, and where 506 sits
All 42 1-beds →506 last sold in March 2023 at AED 1,104 per sqft, in line with what one-beds in The Diplomat were fetching at the time (AED 1,080). Over the last 12 months one-beds sold for AED 743,750 to 1,020,888, around AED 1,429 per sqft, and rent for AED 60,000 to 75,000 a year. 506's AED 48,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 700 sqft | 743,750 | 1,062 | ||
| 19 May 202619 May 2026 | 644 sqft | 900,000 | 1,396 | ||
| 10 Apr 202610 April 2026 | 622 sqft | 950,000 | 1,526 | ||
| 6 Apr 20266 April 2026 | 622 sqft | 875,000 | 1,405 |
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%
506, The Diplomat in numbers
- Sold once: by Nshama Properties on 27 March 2023 for AED 675,888, or AED 1,104 per sqft.
- Rented since April 2025 on one Ejari contract, at AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2023 price is 7.1%.
- One-beds in The Diplomat sold for AED 743,750–1,020,888 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 1 April 2025.
Questions about 506, The Diplomat
What did unit 506 last sell for?
AED 675,888 on 27 March 2023, sold by the developer: AED 1,104 per sqft for 612 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 48,000 a year on the contract signed on 1 April 2025.
How big is unit 506?
612 sqft (56.9 sqm): a one-bedroom apartment of a 5-storey tower completed in 2024.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Diplomat sold for AED 743,750 to 1,020,888 in the last 12 months, around AED 1,429 per sqft.
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Mortgage on 506, The Diplomat
Starts from the last sale price (AED 676K, 27 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 675,888
- Deposit, UAE resident (20%)
- AED 135,178
- Deposit, non-resident (40%)
- AED 270,355
- Monthly over 25 years at 3.7%
- AED 2,765
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →