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The Diplomat Residences in Dubai
The Diplomat Residences in Dubai, UAE, is a new development by the Nshama Group in the Town Square neighbourhood, within walking distance of the park of the same name. The building is five floors high and includes elegant studios and apartments with 1–3 bedrooms. The area of residences ranges from 30 to 136 m². The project provides several first-class amenities:
- swimming pools for adults and children;
- equipped gym;
- biking, jogging and walking paths;
- stores and restaurants on the podium;
- covered parking;
- high-speed elevators;
- video surveillance and security.
Prices start from AED 430,000 ($117,000). The expected completion date is Q4 2024.
The Diplomat Residences in Town Square
Town Square is a modern developing area of Dubai with predominantly mid-rise buildings. Nshama's master project is focused on a quiet family lifestyle away from the bustling central districts of the metropolis. The residents of the community have access to a developed and diverse infrastructure for living, recreation and comfortable leisure:
- a large green Town Square Park with a merry-go-round, children's train, playgrounds, cafes and a dog-walking park;
- over 250 stores;
- tennis, squash and basketball courts;
- soccer field;
- barbecue areas.
Nearby is Al Qudra Road, which provides easy access to other neighbourhoods and locations in Dubai. Within 15–30 minutes, you can reach the following facilities:
- Golf Club;
- Trump International Golf Course;
- Fair Green International School and Jebel Ali School;
- Dubai Miracle Garden and Dubai Butterfly Garden;
- Dubai Mall, Ibn Battuta Mall and Mall of the Emirates;
- Dubai Marina Resort community;
- Downtown Dubai and the international airport.
Apartments in The Diplomat Residences
The project offers comfortable residences of different configurations and sizes:
- studio in The Diplomat Residences with an area of 30 m²;
- 1-bedroom apartments of 58–60 m²;
- 2-bedroom apartments of 84–88 m²;
- 3-bedroom apartments of 136 m².
All residences have large panoramic windows providing an abundance of natural sunlight. The floors are tiled with porcelain tiles. Bedrooms have built-in closets, and master bedrooms have separate dressing rooms. Kitchens are fitted with modern units and wear-resistant worktops. Most layouts have spacious balconies. There are options with a laundry room and a pantry.
The Diplomat Residences by Nshama Group
Nshama is a reliable developer of properties in Dubai, operating since 2014. The developer offers quality and stylish housing with a wide range of amenities. Buying properties in The Diplomat Residences for investment will be profitable because today, at the early stage of development, the prices are the most favourable. After the completion of the project, they will increase by 20–30%, and the object can be resold with a high profit. In addition, the developer offers an instalment plan with a 40% post-payment for two years after delivery.
The Town Square neighbourhood, where the project is located, is excellent for long-term rental housing. The payback rate for apartments here can exceed 9.2% per annum – an excellent indicator above the average for the Emirate.
