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The Diplomat Residences in Town Square - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for off-plan (pre registration and delayed sell) properties in The Diplomat Residences

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio3017,230510,000
15515,645860,000

Rents in The Diplomat Residences

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1601,16770,000

The cap rate (rental yield) of investments into The Diplomat Residences project is 7.2% on average.

The price of an apartment in The Diplomat Residences is 16,200 AED/sqm on average.

The long term rent of an apartment in The Diplomat Residences is 1,167 AED/sqm/year on average.

Price for off-plan Studio apartment in The Diplomat Residences is 510,000 AED or 17,230 AED/sqm.
Price for off-plan 1 bedroom apartment in The Diplomat Residences is 860,000 AED or 15,645 AED/sqm.

Rent for 1 bedroom apartment in The Diplomat Residences is 70,000 AED or 1,167 AED/sqm.

About The Diplomat Residences

'The Diplomat Residences' in 'Town Square' area project description

The Diplomat Residences is a premium residential development by NSHAMA in Town Square Dubai, offering studios, 1-, 2-, and 3-bedroom apartments designed for modern family living within lush parkland settings.

Launched in 2023, construction is underway with handover scheduled for Q4 2024 or December 2024. NSHAMA, a leading developer, crafted this exclusive project as part of the fully integrated Town Square community, emphasizing aesthetic and functional interiors with intuitive floor plans that allow personalization.

The architecture blends contemporary elegance with practicality, featuring versatile layouts where every detail reflects resident personality. Apartments are nestled in green surroundings, promoting a serene yet connected lifestyle away from city hustle.

Amenities elevate daily living with 24/7 security and CCTV, fitness centre, gymnasium, large swimming pool, kids play areas, multi-purpose lounge, parks, leisure zones, sports courts, tennis courts, outdoor gymnasium, running tracks, jogging trails, cycling trails, playgrounds, outdoor sitting areas, restaurants, cafes, retail outlets, dining options, and supermarket. A health care centre adds convenience for wellness needs.

Strategically located in central Town Square Dubai, the project enjoys seamless access via Emirates and Hessa streets to key areas: 15 minutes to Dubai Miracle Garden, 20 minutes to EXPO 2020 site, 23 minutes to Palm Jumeirah, 25-30 minutes to The Dubai Mall and Downtown Dubai, 35 minutes to Dubai Marina, 40 minutes to DXB Airport, and 50 minutes to DWC Airport. To reach the beach, head west via Hessa Street toward Palm Jumeirah (23 minutes) or Dubai Marina beaches (35 minutes), with easy navigation through Dubai's road network.

Nearby projects include Augusta at Town Square, Alton at Town Square, Ellison at Town Square, and Rawda Apartments, fostering a vibrant neighbourhood with shared parks like Town Square Park, schools, institutes, and retail hubs. The community integrates cycling trails, gardens, kids parks, and green spaces, creating a playful, nature-inspired environment ideal for social interaction and healthy lifestyles. This development stands out in Dubai's dynamic real estate market for its family-oriented focus, premium facilities, and prime positioning in a master-planned district.



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