The Diplomat Residences
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The Diplomat Residences is a completed apartment development by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C in Town Square, Al Yelayiss 2, comprising 153 registered units. 208 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,342 per sqft. At AED 1,342 per sqft, The Diplomat Residences prices 5% below the Town Square average of AED 1,409 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 281 – 1,635 sqft | 153 | 1.14M | 1,342 | ↓5.4% | 83K | 7.3% | |
| Residential | |||||||
Studio · Apartment 319 sqft | 10 | ||||||
1 Bed · Apartment 592 – 701 sqft | 42 | ||||||
2 Bed · Apartment 869 – 1,217 sqft | 78 | ||||||
3 Bed · Apartment 1,464 – 1,635 sqft | 10 | — | — | ||||
| Commercial | |||||||
Shop 281 – 563 sqft | 13 | — | — | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 14 Aug 2026 | 2 Bed | Floor 1 | 906 | 1,250,000 | 1,380 | +40.3% | Standard | Payment Plan Sale |
| 16 Jul 2026 | 1 Bed | Floor 1 | 700 | 743,750 | 1,062 | +6.4% | Entry Level | Payment Plan Sale |
| 17 Jun 2026 | 2 Bed | Floor 4 | 908 | 1,250,000 | 1,376 | +6.8% | Entry Level | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 156 rentals |
| Floor 1 | 30 rentals |
| Floors 2-3 | 60 rentals |
| Floors 4-5 | 66 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 20 Aug 2026 | 2 Bed | — | 890 | 92,500 | 104 | — | Standard | new |
| 15 Aug 2026 | 2 Bed | Floor 3 | 920 | 95,000 | 103 | -5.0% | Standard | renewal |
| 10 Aug 2026 | 1 Bed | Floor 1 | 644 | 65,000 | 101 | — | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Town Square
The closest-priced registered projects in Town Square.
- EllisonAED 1,315/sqft
- The MayfairAED 1,312/sqft
- The HamiltonAED 1,383/sqft
- LexingtonAED 1,406/sqft
- Reem TownhousesAED 1,408/sqft
- GroveAED 1,272/sqft
Common questions about The Diplomat Residences
Answered from Dubai Land Department registered transactions.
How much does a property in The Diplomat Residences cost?
Property in The Diplomat Residences sells at a current PIX© price of AED 1,342 per sqft, or about AED 1,139,540 for a typical unit, based on 208 sales registered with the Dubai Land Department.
Is The Diplomat Residences completed?
Yes. The Diplomat Residences is recorded as completed in the Dubai Land Department project register (completed q4 2024).
Who is the developer of The Diplomat Residences?
The Diplomat Residences is developed by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in The Diplomat Residences?
The Diplomat Residences yields 7.3% gross, calculated from current PIX© rent against current PIX© sale price, across 158 registered Ejari contracts.
How many units are in The Diplomat Residences?
The Diplomat Residences holds 153 registered units, per the Dubai Land Department unit register.
Have prices in The Diplomat Residences gone up or down?
Price per sqft has fallen -5.4% over the last 12 months, to AED 1,342, across 208 registered sales.