2-bed · 1,372 sqftImperial Avenue, Downtown Dubai · 11th floor · completed 2019

1118, Imperial Avenue

Sold prices and rental history: sold twice, last in January 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1118 · DLD and Ejari recordsUpdated 14 September 2026
Last soldAED 3.58M3 January 2023
Current rentAED 195K /yr14 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1118, Imperial Avenue

What is 1118 worth today?

Last sold for AED 3,577,000 in 2023

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14 Sep 2026RentedNew contract
AED 195,000/yr12 months · AED 143 per sqft
3 Jan 2023SoldOff-plan
AED 3,577,000AED 2,607 per sqft
24 Jun 2022Sold by developerOff-plan
AED 972,358AED 708 per sqft

Source: Dubai Land Department. Updated 14 September 2026.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
11th of 45
Parking
1
Developer
Sp International Property Developers
Completed
2019
Last sold
AED 3.58M · January 2023

About 1118, Imperial Avenue

1118 is a two-bedroom apartment of 1,372 sqft on the 11th floor of Imperial Avenue, a 45-storey tower in Downtown Dubai completed in 2019 by Sp International Property Developers . It last sold on 3 January 2023 for AED 3,577,000, or AED 2,607 per sqft, 268% above the AED 708 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 September 2026. The current contract, signed on 14 September 2026, is AED 195,000 a year: a gross yield of 5.5% on the 2023 price.

Sales and rents for 1118 over time

Sales
Unit 1118, each saleTypical two-bed in Imperial Avenue
2M4M2017202020232026Typical sale price by year: 2017 AED 2,820,783; 2018 AED 2,966,684; 2019 AED 2,753,260; 2020 AED 2,930,393; 2021 AED 2,949,091; 2022 AED 1,072,005; 2023 AED 3,593,300; 2024 AED 3,950,000; 2025 AED 3,600,000; 2026 AED 3,200,000Sold by developer, June 2022: AED 972,358 (AED 708 per sqft)Sold, January 2023: AED 3,577,000 (AED 2,607 per sqft)

1118 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1118, each contractTypical two-bed in Imperial Avenue
200K225K250K202520262027Typical rent by year: 2025 AED 245,000; 2026 AED 190,000New contract, September 2026: AED 195,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Imperial Avenue, and where 1118 sits

All 152 2-beds →

1118 last sold in January 2023 at AED 2,607 per sqft, 268% above what two-beds in Imperial Avenue were fetching at the time (AED 708). Over the last 12 months two-beds sold for AED 607,600 to 4,594,006, around AED 2,212 per sqft, and rent for AED 50,000 to 300,000 a year. 1118's AED 195,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20264,594,006
2 Oct 20264,541,801
18 Sep 20262,500,000
19 Aug 20263,400,000
27 2-bed sales in the last 12 months

Imperial Avenue

Building

425 apartments, 1-bed to 5-bed over 45 floors in Downtown Dubai, completed in 2019 by Sp International Property Developers . 65 sold in the last 12 months.

Typical price per sqft
AED 2,384 Down 6.3%
Typical sale
AED 3.2M
Typical rent
AED 190K /yr
Typical yield
6.0%
Imperial Avenue, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 425 units in Imperial Avenue
Value
11012-bedAED 4.6M · May 2025
11022-bedAED 3.12M · Feb 2023
11031-bedAED 2.02M · Feb 2023
11041-bedAED 2.01M · Oct 2022
11051-bedAED 1.95M · Nov 2022
11061-bedAED 1.8M · Mar 2023
11071-bedAED 2.05M · Feb 2023
1–7 of 17

1118, Imperial Avenue in numbers

  • Sold twice: first on 24 June 2022 for AED 972,358, last on 3 January 2023 for AED 3,577,000 (AED 2,607 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2023 price is 5.5%.
  • Two-beds in Imperial Avenue sold for AED 607,600–4,594,006 in the 12 months to November 2026; the building's median across all types is AED 2,384 per sqft.

Source: Dubai Land Department. Updated 14 September 2026.

Questions about 1118, Imperial Avenue

What did unit 1118 last sell for?

AED 3,577,000 on 3 January 2023: AED 2,607 per sqft for 1,372 sqft. The unit has 2 registered sales; the first was AED 972,358 in June 2022.

What is the rent for unit 1118?

AED 195,000 a year on the contract signed on 14 September 2026.

How big is unit 1118?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 11th floor of a 45-storey tower completed in 2019.

What is unit 1118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Imperial Avenue sold for AED 607,600 to 4,594,006 in the last 12 months, around AED 2,212 per sqft.

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Mortgage on 1118, Imperial Avenue

Starts from the last sale price (AED 3.58M, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,577,000
Deposit, UAE resident (20%)
AED 715,400
Deposit, non-resident (40%)
AED 1,430,800
Monthly over 25 years at 3.7%
AED 14,635

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →