The Diplomat Residences

1. Does it pay a good rent?7.3% gross, before the service charge (not on file) (Dubai median 6.8%)7.3%Fair
2. Is it easy to let?63% of units signed a yearly lease in 12 months; the typical Town Square building manages 0%63%Strength

   Across 25 Town Square buildings with 40 or more units, the median signed annual leases on 0% of units in 12 months and the top tenth on 64% or more; The Diplomat Residences is at 63%.

3. Are rents going up?New 1 bed leases: AED 64,500 a year ago, AED 65,000 now+0.8%Fair
4. Are prices going up?1 bed: AED 1,347/sqft a year ago, 1,404 now+4.2%Strength
5. How fast do fees pay back?AED 58,338 in fees to buy a 1 bed; rent covers it in 0.9 years0.9 yrs
6. Can I sell easily?22 sales in 12 months, 16% of the tower (47 the year before)22Strength
7. Is a lot being built nearby?2,058 apartments are planned in Town Square from 2026 to 2028, equal to 51% of the 4,024 homes let there today. A further 576 are past their planned date. Town Square supply by year →51%Watch
8. Did earlier buyers gain?Up 41% for launch buyers, before fees+41.4%Context

22 resales in the last 12 months, against 65 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 1 bed, The Diplomat Residences has registered sale prices 1% below the Town Square median price per square foot of 1,419 AED, across 40 eligible buildings. It ranks 22nd of 40 by price per square foot and 14th of 19 by gross yield in Town Square.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  10 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  17 new and 14 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  The Diplomat Residences: recorded complete 2024-11-30 · register data to 2026-07-06
  On record
• Developer
  Nshama · delivery record
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in The Diplomat Residences?

The Diplomat Residences returns 7.3% gross: a median new-contract rent of AED 65,000 a year (17 Ejari contracts in 12 months) over a price benchmark of AED 887,500 (median of 10 sales in the last 12 months, latest Jul 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in The Diplomat Residences cost?

The median registered sale price is AED 887,500 (1,404 AED/sqft), from 10 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in The Diplomat Residences selling for right now?

Registered sales of ready units in The Diplomat Residences over the last 12 months have a median of 1,404 AED/sqft, across 10 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in The Diplomat Residences risen or fallen?

Median price per square foot moved +4.2% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does The Diplomat Residences compare with Town Square?

Its 7.3% gross yield sits -0.2 pts against the Town Square median of 7.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.