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THE DIPLOMAT RESIDENCES
649 888 AED
Location Town Square, Dubai
Type Development
Completion date IV quarter, 2024 (Off-plan)
Living space 60 m²
Advantages
Beautiful view
Type of buildings:
Premium
Downpayment from
10%
40% after commissioning of the property
Prestigious neighbourhood
Town Square

The Diplomat Residences complex in Dubai

The Diplomat Residences, which is currently under construction, is a new luxury project by developer Nshama. The six-story building is located in Dubai's new emerging Town Square district.

An exquisitely finished lobby with panoramic windows, glass doors, and high ceilings is located on the first floor of the building. This is where the concierge desk and the seating area with cushioned furniture are located.

The remaining five floors accommodate residential apartments.

Inside the complex, there is a courtyard, where there are:

  • An outdoor pool.
  • A playground with sun loungers.
  • A playground for children.
  • A barbecue area.
  • Landscaped gardens with flowering trees and shrubs.

The building also has a gym, medical first aid room, sauna, steam bath, jacuzzi, and prayer room. All areas of the complex are equipped with central air conditioning and heating. The building has elevators.

Living in The Diplomat Residences new development in Dubai, you'll have access to all the amenities of the self-contained Town Square community, including:

  • A community park.
  • A swimming pool.
  • A gym and fitness club.
  • A basketball court.
  • A soccer field.
  • Bicycle and jogging paths.
  • A shopping centre.
  • A supermarket.
  • Restaurants and cafés.
  • A skateboarding park.
  • A pharmacy.
  • A medical clinic.
  • A children's playground.
  • A carousel, children's train, and playground with fountains for children.
  • An atelier.
  • Squash and tennis courts.
  • A dog walking park.
  • A veterinary clinic.
  • A pet store.
  • A grooming studio.
  • An outdoor movie theatre.
  • A mosque.
  • A day-care centre.

Real estate in The Diplomat Residences, Dubai, UAE

Those wishing to buy property in The Diplomat Residences will be able to find a suitable option for themselves. The following will be available to them:

  • Studios of 29 m².
  • Apartments of 58 to 60 m² with one bedroom.
  • Apartments of 84 to 88 m² with two bedrooms.
  • Apartments of 136 m² with three bedrooms.

All apartments have a comfortable layout and stylish finishing with materials of high quality. Residences are equipped with a built-in ceiling air conditioning system that helps maintain a comfortable temperature in the living room and has no bulky protrusions. The studios in the new residential complex are small apartments in which the kitchen, living room, and bedroom are in one common space. These apartments have a separate bathroom with a shower, but no balcony.

The apartments at The Diplomat Residence feature balconies with sizes ranging from 5 to 16 m2. The open-type balconies have metal grate railings and provide additional outdoor leisure space.

Apartments with one and two bedrooms feature a kitchen, living room, and dining area that form a single large open space. These units also include a small laundry room, with a separate bathroom for each bedroom and built-in wardrobe or walk-in closet.

The apartments with three bedrooms come equipped with three bathrooms, a separate kitchen, a large storage room, laundry room, shared living room and dining area with balcony access. The main bedroom has a separate balcony and walk-in closet. The remaining bedrooms have built-in wardrobes.

The sale of real estate in The Diplomat Residences

The residential complex The Diplomat Residences is currently under construction, providing an opportunity for interested parties to purchase an apartment at the developer's price. A key advantage for foreign real estate buyers in the new complex is the acquisition of full private property rights for the apartment, which is not available in all areas of the emirate. The minimum cost of real estate in the complex is 649,888 AED (177,000 USD). Available apartments and current prices can be viewed in a separate catalog on the website or through our specialists.

Buyers of real estate in The Diplomat Residences during the construction phase have the option to pay for the purchase in installments without additional fees. The initial deposit for booking is 10% of the total amount, 40% is paid during the construction process, and the remaining 50% is paid after the building is put into operation.

Location

  • Close to schools
  • Prestigious district
  • Great location
  • Beautiful view

Features

  • Terrace
  • New project
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Restaurant
  • Cafe
  • Cinema
  • Recreation area
  • SPA centre
  • Fitness room
  • Table tennis

Outdoor features

  • Barbecue area
  • Children's playground
  • Landscaped garden
  • Landscaped green area
  • Transport accessibility
  • Social and commercial facilities
  • Car park
  • Garden
  • Park
  • Footpaths
  • Garden
  • Benches
  • Well-developed facilities
  • Swimming pool
  • Common area with pool
  • Basketball court
  • Volleyball court
  • Sports ground
  • Tennis court
  • Football pitch

Real estate in The Diplomat Residences

Lifestyle

Those who live in The Diplomat Residences will enjoy a comfortable urban lifestyle. Start your day with a delicious breakfast in the cosy café or with a yoga practice on the outdoor terrace. The neighbourhood is full of parks, beautifully landscaped gardens, and green meadows, which are great to relax and spend time in the fresh air.

The residential complex is suitable for families with children, as there are lots of playgrounds, carousel, and water attractions, where children can splash in the water. For comfortable recreation, the complex is equipped with a quiet terrace with a pool and sun loungers.

To maintain health, you can visit the gym directly in the complex. And in the community parks, you can run, do gymnastics, or play team games in the open air.

Advantages of the residential complex

The Diplomat Residences is an ideal place to buy an apartment, either for living or for investment. Due to the fact that the building of the complex is relatively small, it creates a warm, homely atmosphere that contributes to comfortable living. The abundance of parks and gardens around the house encourages residents to spend more time in the fresh air, which contributes to maintaining a healthy lifestyle.

One of the important advantages of the new residential complex is its location in a self-contained area with many amenities. The residents of the complex can also walk to the key infrastructure facilities, including the bus station. There is a convenient exit to a major highway, so the way to the centre of Dubai will not take more than half an hour.

Apartments and studios in The Diplomat Residences complex

The apartments at The Diplomat Residence in the new building are finished in a sleek style, allowing future owners to easily personalize their interiors. The kitchens are equipped with built-in cabinets, individually selected to fit the room's dimensions, and countertops made from durable, scratch and stain-resistant materials. High ceilings and panoramic windows make the living rooms spacious and bright.

Quality lighting is provided by built-in ceiling lights. The flooring, made of ceramic tiles, complements the interior design and makes cleaning easier.

The bedrooms are fitted with built-in wardrobes for clothing that conserve space and allow for compact storage.

Construction completion

The planned completion date of the apartment building is December 2024. Until the moment of commissioning of the residential complex, everyone can buy real estate at the price of the developer. After the full completion of construction works, the cost of apartments in the residential complex will increase.

Also, an active construction of the Town Square infrastructure is now underway, which would make living here even more appealing. You can see a preview of the interior design of the future apartments, and study the apartment and studio plans in the dedicated sections of the site. You can also ask our real estate expert for more information in a chat or by calling us.

Real estate in The Diplomat Residences for investment opportunities

Purchasing real estate in The Diplomat Residence represents a secure method for preserving and multiplying your capital. By purchasing a property during the construction phase, you can save up to 20% of the market value of the property and subsequently sell the property for a profit or rent it out to generate passive income. Currently, the annual rental rate for a two-bedroom apartment in the Town Square area is 67,000 AED (18,000 USD). The return on investment in this area is high, with studios and two-bedroom apartments yielding 7.4% annually, one-bedroom apartments yielding 7.1%, and three-bedroom apartments yielding 6.7%.

For up-to-date information on the profitability of apartments in this new complex and detailed information on real estate investments from developer Nshama in Dubai, please consult with our agents.

Location
Cityland Mall
18.6 km
School
1.1 km
ATM machine
1.3 km
Burj Khalifa
31.2 km
Pharmacy
1.5 km
Airport
45.4 km
Museum
27.2 km
Sea
24.2 km
The Town Square area

Town Square is a new residential area in Dubai that is actively being developed. The completion of construction works is expected in 2024. The community has been created as a comfortable living place for young couples and families with children. The area is of interest to tourists due to its proximity to the Expo 2020 trade and exhibition venue, where annual business events and exhibitions are held. It is expected that around 85,000 people will reside in the community by 2025.

Residential properties in Town Square include multi-unit homes, villa communities, and townhouses. Public areas in the area are landscaped with parks, gardens, and green lawns.

Payment plan

10%
Down Payment
40%
During Construction
10%
On Handover
40%
On 2 Years Post Handover

Developer Nshama

15All objects of the developer
2014Founded in

Nshama is a real estate development company established in 2014 by businessman Fred Durie, who previously worked at the largest construction corporation in the Emirates, Emaar.

The flagship project of the developer is the Town Square community, construction of which has started in 2015. The area has excellent infrastructure with cafés, shops, restaurants, sports facilities, and children's attractions.

Properties by developer Nshama are in high demand due to the optimal balance of price and quality.

15All objects of the developer
2014Founded in
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