The Diplomat Residences, Al Yelayiss 2

Sold Prices · DLD Data

The Diplomat Residences

Al Yelayiss 2, Dubai · Town Square

AED 1,471

Avg Price / sqft

AED 1.1M

Avg Sale Price

16

DLD Sales Recorded

5.9%

Est. Gross Yield

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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 16 sales in the building, at an average price of AED 1.1M — around AED 1,471 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 5.9% 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 1,470/sqft

8 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
07 Oct 2026Sales2908AED 1.4MAED 1,492
07 Sept 2026Sales2909AED 1.5MAED 1,651
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

Other buildings in Al Yelayiss 2

Evelyn On The Park

Al Yelayiss 2 · 171 sales · AED 1.4M avg

Rosewell

Al Yelayiss 2 · 95 sales · AED 1.6M avg

Town Square Zahra

Al Yelayiss 2 · 94 sales · AED 1.5M avg

Maha Townhouses

Al Yelayiss 2 · 79 sales

The Hamilton

Al Yelayiss 2 · 73 sales · AED 1.4M avg

Camden

Al Yelayiss 2 · 67 sales · AED 1.5M avg

Rawda Apartments

Al Yelayiss 2 · 45 sales · AED 1.2M avg

Belmont

Al Yelayiss 2 · 44 sales · AED 1.6M avg

Town Square Jenna And Warda

Al Yelayiss 2 · 44 sales · AED 1.4M 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 1,471 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 5.9% gross per year, before service charges and fees.

How many properties have sold in The Diplomat Residences?

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

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