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. 210 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,377 per sqft. At AED 1,377 per sqft, The Diplomat Residences prices 9% above the Town Square median of AED 1,262 per sqft on registered sales.

PIX© price · ↓1.5% YoY

1.18MAED

Typical

1,377AED

PSF

Gross yield

6.9%

PIX© rent ÷ PIX© price

Sale records

210

DLD · all time

Rent contracts

174

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationTown Square

Drive times · typical

Downtown Dubai27 min · 28.6 km

DXB Airport32 min · 42.7 km

DIFC32 min · 32.6 km

Dubai Marina27 min · 27.4 km

Palm Jumeirah30 min · 29.2 km

Nearby · straight-line

MallArabian Ranches Community Center6.8 km

SchoolGems Metropole School4 km

HospitalMediclinic Parkview8.7 km

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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 2

…

1 Bed on Floor 2

Size
Record: Mar 2023 to Oct 2026
Owners: 3
Tenants: 1
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
1Tenant 1	18 Oct 2026		Renewal Owner 3
1Tenant 1	18 Oct 2025	12 mo	Owner 3
3Owner 3	25 Dec 2024	22 mo	Current owner
2Owner 2	11 Jul 2024	5 mo
1Owner 1	27 Mar 2023	16 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 2

Nightly rateAED

Occupancy (237 nights)

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The Diplomat Residences1,377AED/sqft · project-wide

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 159 - 1,634 sqft	154	1.18M	1,377	↓1.5%		82K	6.9%
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-Wide210 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
7 Oct 2026	—	2 Bed	Floor 5	908	1,355,000	1,492	+52.1%	Standard	Standard Sale
7 Sep 2026		2 Bed	Floor 5	909	1,500,000	1,651	+60.3%	Premium	Standard Sale
26 Aug 2026		Studio	Floor 4	319	500,000	1,569	+13.4%	Standard	Standard Sale

Rentals - Project-Wide174 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
6 Nov 2026	2 Bed	Floor 1	1,115	90,000	81	-	Entry Level	CONTRACT
18 Oct 2026	1 Bed	Floor 2	613	69,000	113	-	Premium	CONTRACT
10 Oct 2026	1 Bed	Floor 2	622	64,000	103	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

The Diplomat Residences

Compared with

The Regent

PIX© PSF

1,523

Rank

#2 of 30

#1 of 30

Typical price

1.15M

Yield

7.2%

Units

154

238

Sales

Rents

174

243

Developer

NSHMI DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Regent NSHMI DEVELOPMENT L.L.C · Completed	238					60	243
2	The Diplomat Residences NSHMI DEVELOPMENT L.L.C · Completed	154	1,523	Subject	1.15M	7.2%	27	174
	Ascot Residences NSHMI DEVELOPMENT L.L.C · Completed	154					28	214
	The Hamilton NSHMI DEVELOPMENT L.L.C · Completed	242					49	154
	Jenna Main Square 2 NSHMI DEVELOPMENT L.L.C · Completed	257					108	796
	Holland Gardens NSHMI DEVELOPMENT L.L.C · Completed	229					40	153
	Zahra Breeze Apartments 4A NSHMI DEVELOPMENT L.L.C · Completed	177					80	477
	Zahra Apartments 1A NSHMI DEVELOPMENT L.L.C · Completed	161					56	404
	Parkside NSHMI DEVELOPMENT L.L.C · Completed	131					43	324
	Safi 1B NSHMI DEVELOPMENT L.L.C · Completed	189					65	529
	Hayat Boulevard 1B NSHMI DEVELOPMENT L.L.C · Completed	202					86	557

Community median 1,262 AED/sqft. Showing the closest-ranked peers of 30 ranked projects in the community. 1 community project excluded for insufficient recorded sales. 26 excluded for trading only in the off-plan market. 9 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Holland GardensAED 1,419/sqft
Zahra Breeze Apartments 4AAED 1,320/sqft
Zahra Apartments 1AAED 1,313/sqft
Jenna Main Square 2AED 1,447/sqft
The HamiltonAED 1,451/sqft
ParksideAED 1,302/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 1,377 per sqft, or about AED 1,177,043 for a typical unit, based on 210 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 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 174 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 -1.5% over the last 12 months, to AED 1,377, across 210 registered sales.