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Sold for AED 1,375,000: 2-Bedroom Apartment in The Diplomat Residences

Located in Town Square, Dubai. Its price per sqft is −1% vs the The Diplomat Residences median (AED 1,470/sqft).

All Town Square salesThe Diplomat Residences prices

Sale price

AED 1,375,000

Per sqft
AED 1,449
Registered
12 May 2026, 10:58 (Dubai)
The Diplomat Residences, Dubai

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in The Diplomat Residences: same layout, exact size (949 sqft) and parking bay G-75. The registry has no unit numbers, so records are matched on these details.

  1. 12 May 2026This sale

    949 sqft · AED 1,449/sqft · Ready

    First recordAED 1,375,000

  2. 12 May 2026Mortgage

    Same day as previous · 949 sqft · AED 1,054/sqft · Ready

    27%lower than the previous recordAED 1,000,000

  3. 10 Jun 2026Mortgage

    Held 29 days · 949 sqft · AED 1,054/sqft · Ready

    0%unchanged than the previous recordAED 1,000,000
Records
3
Registered
Same day
as the mortgage, 12 May 2026
Loan to value
73%
AED 1M mortgage on the AED 1.38M sale

02 / The property

Property details

Size
949 sqft · 88.17 m²
Bedrooms
2 BR
Registered as
Delayed Sell
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
G-75
Nearest landmark
Dubai Cycling Course

03 / Comparables

All sales in The Diplomat Residences (2 Jan 2026 – 7 Oct 2026)

16 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
7 Oct 20261.36M−1% vs selected1,492+3% vs selected
7 Sept 20261.5M+9% vs selected1,651+14% vs selected
26 Aug 2026500K−64% vs selected1,569+8% vs selected
14 Aug 20261.25M−9% vs selected1,380−5% vs selected
16 Jul 2026743.75K−46% vs selected1,062−27% vs selected
17 Jun 20261.25M−9% vs selected1,376−5% vs selected
19 May 2026900K−35% vs selected1,397−4% vs selected
2 BR · 949 sqftReadySelected sale
12 May 20261.38M1,449
5 May 20261.6M+16% vs selected1,316−9% vs selected
10 Apr 2026950K−31% vs selected1,526+5% vs selected
6 Apr 20261.02M−26% vs selected1,725+19% vs selected
6 Apr 2026875K−36% vs selected1,406−3% vs selected
27 Mar 2026830K−40% vs selected1,403−3% vs selected
4 Feb 20261.43M+4% vs selected1,549+7% vs selected
15 Jan 20261.4M+2% vs selected1,545+7% vs selected
2 Jan 20261M−27% vs selected1,690+17% vs selected

04 / Renting it out

What similar apartments rent for

Median of 36 market rents of apartments of 807–1,091 sq ft in Town Square. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 84,000
Per sqft / yr
AED 88/sqft
Gross yield
6.1%