The Diplomat Residences, Al Yelayiss 2

    Sold Prices · DLD Data

    The Diplomat Residences

    Al Yelayiss 2, Dubai · Town Square

    AED 1,457

    Avg Price / sqft

    AED 1.1M

    Avg Sale Price

    14

    DLD Sales Recorded

    14.8%

    Est. Gross Yield

    View listings Explore Town Square

    Market snapshot

    The Diplomat Residences — the numbers

    The Diplomat Residences is a residential building in Al Yelayiss 2, Dubai with approximately 153 units. Dubai Land Department records show 14 sales in the building, at an average price of AED 1.1M — around AED 1,457 per square foot.

    Since January 2026, 10 sales completed in The Diplomat Residences, with the average price per square foot moving from AED 1,618 to AED 1,475 (-8.8%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Al Yelayiss 2, a typical unit in The Diplomat Residences returns an estimated 14.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Yelayiss 2.

    Figures are from Dubai Land Department transaction records for The Diplomat Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Al Yelayiss 2 residential rents, before service charges.

    Price trend

    Price trend in The Diplomat Residences

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-8.8%

    1,4161,5031,589Jan 26: AED 1,618/sqft · 2 salesJan 26Apr 26: AED 1,552/sqft · 3 salesApr 26May 26: AED 1,387/sqft · 3 salesMay 26Aug 26: AED 1,475/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 500K

    AED 1,569/sqft

    1 sale · last 12 months

    1 Bed

    AED 903K

    AED 1,458/sqft

    7 sales · last 12 months

    2 Bed

    AED 1.4M

    AED 1,436/sqft

    6 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    26 Aug 2026Sales0319AED 500KAED 1,569
    14 Aug 2026Sales2906AED 1.3MAED 1,380
    16 Jul 2026Sales1700AED 744KAED 1,062
    17 Jun 2026Sales2908AED 1.3MAED 1,376
    19 May 2026Sales1644AED 900KAED 1,397
    12 May 2026Sales2949AED 1.4MAED 1,449
    05 May 2026Sales21,217AED 1.6MAED 1,316
    10 Apr 2026Sales1622AED 950KAED 1,526
    06 Apr 2026Sales1592AED 1.0MAED 1,725
    06 Apr 2026Sales1622AED 875KAED 1,406
    27 Mar 2026Sales1592AED 830KAED 1,403
    04 Feb 2026Sales2920AED 1.4MAED 1,549
    15 Jan 2026Sales2906AED 1.4MAED 1,545
    02 Jan 2026Sales1592AED 1.0MAED 1,690

    About the area

    The Diplomat Residences is in Town Square

    Town Square is a meticulously planned residential community developed by Nshama, covering an expansive area of over 750 acres. This neighborhood is designed with families and individuals in mind, offering a harmonious blend of modern living and a cohesive community atmosphere.

    Explore the Town Square area guide

    Nearby

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    Town Square Zahra

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    Maha Townhouses

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    The Hamilton

    Al Yelayiss 2 · 70 sales · AED 1.4M avg

    Camden

    Al Yelayiss 2 · 63 sales · AED 1.5M avg

    Belmont

    Al Yelayiss 2 · 44 sales · AED 1.6M avg

    Hayat Boulevard

    Al Yelayiss 2 · 39 sales · AED 1.1M avg

    FAQ

    The Diplomat Residences: frequently asked questions

    What is the average price in The Diplomat Residences?

    The average recorded sale price in The Diplomat Residences, Al Yelayiss 2 is AED 1.1M, around AED 1,457 per square foot, based on Dubai Land Department transaction data.

    Are prices in The Diplomat Residences going up or down?

    Average sale prices in The Diplomat Residences have eased -8.8% per square foot since January 2026, across 10 DLD-recorded sales.

    What rental yield can I expect in The Diplomat Residences?

    Based on average Al Yelayiss 2 residential rents against sale prices in the building, a typical unit in The Diplomat Residences yields roughly 14.8% gross per year, before service charges and fees.

    How many properties have sold in The Diplomat Residences?

    14 sales have been recorded in The Diplomat Residences according to DLD data, across approximately 153 units.

    Considering The Diplomat Residences?

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