Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Al Yelayiss 2 · August 2026
The Diplomat Residences
Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026
Period covered: Sep 24 to Aug 26 · Ref AR-B1524-202608
Key takeaways
- Median price for apartments: AED 875,000 (AED 15,871 per sqm), down 1.4% year on year.
- Per sqm, apartments here are 7% above the Al Yelayiss 2 average of AED 14,780 (sales-weighted across areas).
- 2 sales recorded in August 2026, down 33% from a year earlier.
1.Apartments2 sales · August 2026
Small sample: medians for August 2026 are based on only 2 recorded sales and can swing month to month. Read the trend, not a single point.
Sale price per sqm and monthly sales · 24 months
Median annual rent and new contracts · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 2 | AED 875,000 | AED 15,871 | — | — |
| July 2026 | 1 | AED 743,750 | AED 11,434 | — | — |
| June 2026 | 1 | AED 1,250,000 | AED 14,814 | — | — |
| May 2026 | 3 | AED 1,375,000 | AED 15,033 | — | — |
| April 2026 | 2 | AED 912,500 | AED 15,779 | — | — |
| March 2026 | 1 | AED 830,000 | AED 15,099 | — | — |
2.Recent saleslast 15 registered in The Diplomat Residences
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 26 Aug 2026 | Studio | 30 | AED 500,000 | AED 16,892 | Ready |
| 14 Aug 2026 | 2 bedrooms | 84 | AED 1,250,000 | AED 14,851 | Ready |
| 16 Jul 2026 | 1 bedroom | 65 | AED 743,750 | AED 11,434 | Ready |
| 17 Jun 2026 | 2 bedrooms | 84 | AED 1,250,000 | AED 14,814 | Ready |
| 19 May 2026 | 1 bedroom | 60 | AED 900,000 | AED 15,033 | Ready |
| 12 May 2026 | 2 bedrooms | 88 | AED 1,375,000 | AED 15,595 | Ready |
| 5 May 2026 | 2 bedrooms | 113 | AED 1,600,888 | AED 14,161 | Ready |
| 10 Apr 2026 | 1 bedroom | 58 | AED 950,000 | AED 16,427 | Ready |
| 6 Apr 2026 | 1 bedroom | 58 | AED 875,000 | AED 15,131 | Ready |
| 6 Apr 2026 | 1 bedroom | 55 | AED 1,020,888 | AED 18,572 | Ready |
| 30 Mar 2026 | 1 bedroom | 55 | AED 830,000 | AED 15,099 | Ready |
| 4 Feb 2026 | 2 bedrooms | 85 | AED 1,425,000 | AED 16,673 | Ready |
| 15 Jan 2026 | 2 bedrooms | 84 | AED 1,400,000 | AED 16,633 | Ready |
| 2 Jan 2026 | 1 bedroom | 55 | AED 1,000,000 | AED 18,192 | Ready |
| 15 Dec 2025 | 1 bedroom | 55 | AED 860,000 | AED 15,645 | Ready |
Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.
3.Methodology and source
Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through September 2, 2026, rents through August 21, 2026). No listings, asking prices, or estimates.
Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than thirty sales carry a small-sample note.
Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.
Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.