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Project · #2276 by 12M value

The Diplomat

Town Square · Nshama - Nshama Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
1

Market bulletin · Thu, 22 Oct 2026

The Diplomat: 1 sales worth AED 1.35M in 30 days

The Diplomat recorded 1 sale worth AED 1.35M in the 30 days to Thu, 22 Oct 2026, down 50.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Town Square, The Diplomat ranked #11 of 11 leading projects by 12-month sales value; it is developed by Nshama - Nshama Properties.

Leases registered in the last three months had a median annual rent of AED 83K. The best gross yield is on 1 BR apartments at about 7.2%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25AED 1,192
Jul 25AED 1,423
Jun 25AED 1,488
May 25AED 1,411
Apr 25AED 1,170
Mar 25AED 1,304
Feb 25AED 1,283
Jan 25—
Dec 24—
Nov 24—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26001
Sept 26001
Aug 26002
Jul 26001
Jun 26001
May 26002
Apr 26003
Mar 26000
Feb 26001
Jan 26002
Dec 25002
Nov 25002

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month1down 50.0%AED 1.35M——
Last 3 months4unchanged 0.0%AED 4.61M——
Last 6 months8down 20.0%AED 9.10M1,388down 10.3%
Last 12 months19down 68.9%AED 21.7M1,502up 11.3%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)19100%AED 1.02M1,502up 10.2%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio211%———
1 bedroom842%AED 900K1,430up 6.5%
2 bedrooms842%AED 1.41M1,519up 11.4%
3 bedrooms15%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M1895%AED 1.01M1,509up 13.7%
AED 2M–10M15%———

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26—
Aug 26AED 85K
Jul 26—
Jun 26AED 87K
May 26AED 90K
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25—
Jul 25AED 75K
Jun 25AED 85K
May 25AED 69K
Apr 25—
Mar 25—
Feb 25—
Leases (12M)
88
New leases
53.4%
Median rent 3M
AED 83K
Rent/sqft 3M
AED 102
Gross yield
1 BR apartmentsAED 65K / AED 900K7.2%
2 BR apartmentsAED 94K / AED 1.41M6.7%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
1 BR22AED 65KAED 65K104
2 BR28AED 94KAED 93K103

Competing projects in Town Square

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Rosewell at Town SquareNshama - Nshama Properties1531,771—
Maha TownhousesNshama - Nshama Properties711,457—
Evelyn on the ParkNshama - Nshama Properties1121,843—
Fiori Town SquareNshama - Nshama Properties1061,684—
CamdenNshama - Nshama Properties831,750—
OlbiaNshama - Nshama Properties791,592—
The Holland GardensNshama - Nshama Properties741,409—
Hayat TownhousesNshama - Nshama Properties301,224—
Noor TownhousesNshama - Nshama Properties271,307—
The HamiltonNshama - Nshama Properties571,437—

Biggest sales, last 3 months

Biggest sales in The Diplomat
PricePropertyDate
AED 1.50M2 BR Apartment · 909 sqftThe Diplomat · Town Square7 Sept
AED 1.35M2 BR Apartment · 908 sqftThe Diplomat · Town Square7 Oct
AED 1.25M2 BR Apartment · 906 sqftThe Diplomat · Town Square14 Aug
AED 500KStudio Apartment · 319 sqftThe Diplomat · Town Square26 Aug

Questions about The Diplomat

How many properties were sold in The Diplomat in the last year?

19 sales worth AED 21.7M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in The Diplomat?

The median annual rent on leases registered in the last three months was AED 83K, and the best gross rental yield is about 7.2%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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