PropertyIndex

The Diplomat Residences

Completed|154 units · 1 building

The Diplomat Residences is a completed community by NSHMI DEVELOPMENT L.L.C in Town Square, comprising 154 registered units. 209 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,399 per sqft. At AED 1,399 per sqft, The Diplomat Residences prices 12% above the Town Square median of AED 1,251 per sqft on registered sales.

PIX© price · 0.7% YoY
1.20MAED
Typical
1,399AED
PSF
Gross yield
7.0%
PIX© rent ÷ PIX© price
Sale records
209
DLD · all time
Rent contracts
170
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 4

2 Bed on Floor 4

Size
Record
Mar 2023 to Jun 2026
Owners
3
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 317 Jun 20263 mo
Current owner
Sold with tenant in place
Mortgage
1Tenant 110 Apr 2026
Renewal
Owner 2
1Tenant 110 Apr 202512 mo
Owner 2
2Owner 211 Mar 202515 mo
1Owner 129 Mar 202323 mo
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2 Bed · Floor 4
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The Diplomat Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
159 - 1,634 sqft
1541.20M1,3990.7%84K7.0%
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 - 1,634 sqft
10--
Commercial
Shop
281 - 563 sqft
13-----
Warehouse
159 sqft
1-----
Sales - Project-Wide209 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
7 Sep 20262 BedFloor 59091,500,0001,651+60.3%PremiumStandard Sale
26 Aug 2026StudioFloor 4319500,0001,569+13.4%StandardStandard Sale
14 Aug 20262 BedFloor 19061,250,0001,380+40.3%StandardPayment Plan Sale
Rentals - Project-Wide170 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
28 Sep 20262 BedFloor 292090,00098-Entry LevelCERTIFICATE
22 Sep 20262 BedFloor 492090,00098-Entry LevelCONTRACT
18 Sep 20261 BedFloor 462260,00096-Entry LevelCERTIFICATE

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.

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 1,399 per sqft, or about AED 1,195,440 for a typical unit, based on 209 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.

Who is the developer of The Diplomat Residences?

The Diplomat Residences is developed by NSHMI DEVELOPMENT 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 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 170 registered Ejari contracts.

How many units are in The Diplomat Residences?

The Diplomat Residences holds 154 registered units, per the Dubai Land Department unit register.

Have prices in The Diplomat Residences gone up or down?

Price per sqft has fallen -0.7% over the last 12 months, to AED 1,399, across 209 registered sales.