508, The Diplomat
Sold prices and rental history: sold 3 times, last in February 2026, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, The Diplomat
What is 508 worth today?
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Source: Dubai Land Department. Updated 14 November 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 920 sqft
- Floor
- 5th of 5
- Parking
- G-83
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 1.43M · February 2026
- Building
- The Diplomat
About 508, The Diplomat
508 is a two-bedroom apartment of 920 sqft on the 5th floor of The Diplomat, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 4 February 2026 for AED 1,425,000, or AED 1,548 per sqft, 8% above the AED 1,433 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 14 November 2026, is AED 115,000 a year: a gross yield of 8.1% on the 2026 price.
Sales and rents for 508 over time
508 has sold 3 times; 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 508 sits
All 78 2-beds →508 last sold in February 2026 at AED 1,548 per sqft, 8% above what two-beds in The Diplomat were fetching at the time (AED 1,433). 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. 508's AED 115,000 is at the top 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%
Other units on the 5th floor
All 30 units in The Diplomat| ValueToday's value | |||||
|---|---|---|---|---|---|
| 503 | 2-bed | 909 sqft | AED 1.5MAED 1,500,000 · Sep 2026September 2026 | ||
| 504 | 1-bed | 592 sqft | AED 860KAED 860,000 · Dec 2025December 2025 | 65,000 /yr | |
| 511 | 2-bed | 908 sqft | AED 1.38MAED 1,375,000 · Apr 2025April 2025 | ||
| 512 | Studio | 319 sqft | AED 451KAED 450,888 · Jul 2025July 2025 | ||
| 515 | 1-bed | 622 sqft | AED 950KAED 950,000 · Apr 2026April 2026 | ||
| 518 | 2-bed | 908 sqft | AED 1.36MAED 1,355,000 · Oct 2026October 2026 | 87,000 /yr | |
| 520 | 3-bed | 1,464 sqft | AED 2.2MAED 2,200,000 · Nov 2025November 2025 | 135,704 /yr | |
| 522 | 1-bed | 644 sqft | AED 900KAED 900,000 · Oct 2025October 2025 | ||
| 525 | 1-bed | 592 sqft | AED 1MAED 1,000,000 · Jan 2026January 2026 |
508, The Diplomat in numbers
- Sold 3 times: first on 23 March 2023 for AED 945,888, last on 4 February 2026 for AED 1,425,000 (AED 1,548 per sqft).
- Rented since March 2026 on 2 Ejari contracts, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2026 price is 8.1%.
- 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 14 November 2026.
Questions about 508, The Diplomat
What did unit 508 last sell for?
AED 1,425,000 on 4 February 2026: AED 1,548 per sqft for 920 sqft. The unit has 3 registered sales; the first was AED 945,888 in March 2023.
What is the rent for unit 508?
AED 115,000 a year on the contract signed on 14 November 2026. The previous contract, from March 2026, was AED 115,000.
How big is unit 508?
920 sqft (85.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.
What is unit 508 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 508, The Diplomat
Starts from the last sale price (AED 1.43M, 4 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →