Skip to content

Project profile

The Diplomat Residences Project · Town Square · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Nshama Properties Owned by Nshmi Development

Data to 4 November 2026

Registered sales
19
Last 12 months
Median ready price
AED 1,492
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 30 November 2024. In the last 12 months, Dubai Land Department registered 19 sales in The Diplomat Residences, worth AED 21.5M in total. The median price of ready homes was 1,492 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
1 March 2023
DLD end date
30 November 2024
Completion
30 November 2024
Units
153
Buildings
1

Launch and latest registrations.

Launch price
AED 1,042
First 90 days from Mar 2023, 136 home sales
Last 12 months
AED 1,492
19 home sales
Change
+35.9%
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

The Diplomat Residences registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales)
Apr 2024 —
May 2024 —
Jun 2024 —
Jul 2024 —
Aug 2024 —
Sep 2024 —
Oct 2024 —
Nov 2024 —
Dec 2024 —
Jan 2025 —
Feb 2025 — 4 sales
Mar 2025 1,334 AED/sqft 7 sales
Apr 2025 1,378 AED/sqft 6 sales
May 2025 1,403 AED/sqft 9 sales
Jun 2025 1,487 AED/sqft 7 sales
Jul 2025 1,432 AED/sqft 6 sales
Aug 2025 — 3 sales
Sep 2025 —
Oct 2025 — 3 sales
Nov 2025 — 2 sales
Dec 2025 — 2 sales
Jan 2026 — 2 sales
Feb 2026 — 1 sale
Mar 2026 — 1 sale
Apr 2026 — 3 sales
May 2026 — 3 sales
Jun 2026 — 1 sale
Jul 2026 — 1 sale
Aug 2026 — 2 sales
Sep 2026 — 1 sale
Oct 2026 — 1 sale

What does each home type sell and rent for in The Diplomat Residences?

  • Apartment · 1 bed

    Ready median price
    AED 875K
    Median yearly rent
    AED 65K
    Gross yield
    Rent only
  • Apartment · 2 beds

    Ready median price
    AED 1.4M
    Median yearly rent
    AED 92.5K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Town Square area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Town Square area report

The latest registered sales in The Diplomat Residences.

  • 7 Oct 2026

    Apartment2 bedsReady908 sqft

    AED 1,355,0001,492 AED/sqft

  • 7 Sep 2026

    Apartment2 bedsReady909 sqft

    AED 1,500,0001,650 AED/sqft

  • 26 Aug 2026

    ApartmentStudioReady319 sqft

    AED 500,0001,567 AED/sqft

  • 14 Aug 2026

    Apartment2 bedsReady906 sqft

    AED 1,250,0001,380 AED/sqft

  • 16 Jul 2026

    Apartment1 bedReady700 sqft

    AED 743,7501,063 AED/sqft

  • 17 Jun 2026

    Apartment2 bedsReady908 sqft

    AED 1,250,0001,377 AED/sqft

  • 19 May 2026

    Apartment1 bedReady644 sqft

    AED 900,0001,398 AED/sqft

  • 12 May 2026

    Apartment2 bedsReady949 sqft

    AED 1,375,0001,449 AED/sqft

  • 5 May 2026

    Apartment2 bedsReady1,217 sqft

    AED 1,600,8881,315 AED/sqft

  • 10 Apr 2026

    Apartment1 bedReady622 sqft

    AED 950,0001,527 AED/sqft

Questions about The Diplomat Residences

What is the price per sq ft in The Diplomat Residences?

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,492 AED/sqft.

How many homes were sold in The Diplomat Residences in the last 12 months?

In the last 12 months, Dubai Land Department registered 19 sales in The Diplomat Residences, worth AED 21.5M in total. The median price of ready homes was 1,492 AED/sqft. Registered sales to 4 November 2026.

What is the rent in The Diplomat Residences?

In the 12 months to 4 November 2026, Apartment · 2 beds was the most rented home type in The Diplomat Residences, at a median of AED 92,500 a year over 25 new contracts.

When was The Diplomat Residences completed?

Dubai Land Department lists the project as completed on 30 November 2024.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

Looking to buy or rent in The Diplomat Residences?

Leave your details and partner agents who work in The Diplomat Residences can send you homes for sale or rent that match what you are looking for.

Privacy notice