The Diplomat Residences in Town Square
The Diplomat Residences · Town Square, Dubai
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Launch Price
AED 830,000
Property Type
Apartment
Bedrooms
Studio, 1 - 3 Beds
Payment Plan
10/40/10/40
Handover
TBC
Projected Yield
5.9 to 8.1%
The Diplomat Residences is bringing studio, 1 - 3 beds off-plan apartments to Town Square in Dubai, priced from AED 830,000. Payment plan options are available directly through the developer. Projected gross returns run in the 5.9 to 8.1% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 5,929/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 83,000 Due on signing SPA |
|
| Construction Phase 1 | 40% | AED 22,133/mo 15 monthly instalments |
|
| Construction Phase 2 | 10% | AED 5,929/mo 14 monthly instalments |
|
| On Handover | 40% | AED 332,000 Due at TBC |
|
| Total | AED 830,000 | ||
On Booking
10%
AED 83,000
Due on signing SPA
Construction Phase 1
40%
AED 22,133/mo
15 monthly instalments
Construction Phase 2
10%
AED 5,929/mo
14 monthly instalments
On Handover
40%
AED 332,000
Due at TBC
Total
100%
AED 830,000
Questions about The Diplomat Residences
What payment plan does The Diplomat Residences offer?
The Diplomat Residences uses a 10/40/10/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether The Diplomat Residences fits your budget and send you comparable alternatives.
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