Dubai project data

THE DIPLOMAT RESIDENCES: rents and rent contracts

ذا ديبلومت ريزيدنس

Registered sales and rent contracts for the project THE DIPLOMAT RESIDENCES in Al Yelayiss 2, from Dubai Land Department open data.

THE DIPLOMAT RESIDENCES (Al Yelayiss 2): 91 registered rent contracts in the 12 months to September 2026, median annual rent AED 85,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
22
−53.2% vs previous 12 months
Median price per sq ft
AED 1,449 per sq ft
+3.8% vs previous 12 months
Gross rental yield
under 30 sales (22)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in THE DIPLOMAT RESIDENCES

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready22AED 1,449 per sq ft1,380 – 1,569

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in THE DIPLOMAT RESIDENCES

Median annual rent
AED 85,000
Middle range of registered annual rents: AED 64,000 – AED 95,000
Gross rental yield
under 30 sales (22)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 22 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in THE DIPLOMAT RESIDENCES

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studiounder 3under 3AED 42,000under 3 sales
1 bedroom11AED 1,403 per sq ftAED 64,000under 30 sales (11)
2 bedrooms8AED 1,449 per sq ftAED 93,000under 30 sales (8)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in THE DIPLOMAT RESIDENCES

MonthSalesMedian per sq ftRent contracts
Dec 20243AED 1,268 per sq ftunder 3
Feb 20254AED 1,298 per sq ftunder 3
Mar 20257AED 1,333 per sq ft7
Apr 20256AED 1,379 per sq ft9
May 20259AED 1,403 per sq ft13
Jun 20257AED 1,486 per sq ft16
Jul 20256AED 1,431 per sq ft13
Aug 20253AED 1,495 per sq ft10
Sep 2025under 3under 33
Oct 20253AED 1,363 per sq ft5
Nov 2025under 3under 34
Feb 2026under 3under 34
Mar 2026under 3under 36
Apr 20263AED 1,526 per sq ft11
May 20263AED 1,397 per sq ft10
Jun 2026under 3under 314
Jul 2026under 3under 314
Aug 2026under 3under 314
Sep 2026under 3under 36
Sales per calendar year
YearSalesMedian per sq ft
2023137AED 1,042 per sq ft
20248AED 1,137 per sq ft
202549AED 1,415 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

THE DIPLOMAT RESIDENCES is a project in the DLD area Al Yelayiss 2.

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Al Yelayiss 2

Questions about THE DIPLOMAT RESIDENCES

How many sales were registered in THE DIPLOMAT RESIDENCES?
22 sales were registered in THE DIPLOMAT RESIDENCES in Oct 2025 – Sep 2026.
What is the median price per sq ft in THE DIPLOMAT RESIDENCES?
The median price of registered sales in THE DIPLOMAT RESIDENCES was AED 1,449 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in THE DIPLOMAT RESIDENCES?
The median annual rent of registered rent contracts in THE DIPLOMAT RESIDENCES was AED 85,000 in Oct 2025 – Sep 2026.
Which DLD area is THE DIPLOMAT RESIDENCES in?
THE DIPLOMAT RESIDENCES is registered in the Dubai Land Department area Al Yelayiss 2.

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae