The 118 (Downtown 118)
Four-beds to six-beds in Downtown Dubai. 4 apartments sold in the last 12 months; every sale, rent and unit is below.
About The 118 (Downtown 118)
The 118 (Downtown 118) is an apartment building in Downtown Dubai, completed in 2016 by Signature DT Real Estate Development. It stands 43 storeys tall and contains 28 apartments. The homes are large, ranging from four to six bedrooms, with sizes from 2,195 to 11,598 sqft. Neighbouring buildings include Boulevard Point, Mon Reve (Credo Tower) and The Address Residence Fountain View 2. Burj Khalifa/ Dubai Mall Metro Station is about 1.5 km away. Within walking distance are Fair Mart Supermarket (about 200 m), Blossom Downtown Nursery Dubai (about 300 m), the school RJ 69 (about 500 m) and the park Nafura dubai (about 500 m).
28 apartments over 43 floors: 26 four-beds of 2,195 to 7,333 sqft and 2 six-beds of 11,045 to 11,598 sqft. The service charge is AED 37.22 per sqft a year.
4 apartments sold in the 12 months to October 2026, at a median of AED 3,609 per sqft. Most of the trading is in four-beds: 4 of the 4 sales, at AED 18,000,000 to 30,700,000. 5 rental contracts were registered over the same 12 months, at a typical AED 1,330,000 a year.
- Developer
- Signature DT Real Estate Development
- Completed
- 2016
- Floors
- 43
- Units
- 28
- Unit types
- 4-bed to 6-bed
Average prices in The 118 (Downtown 118)
- 4-bed24,000,000
In The 118 (Downtown 118), typical sale prices over the last 12 months were around AED 24,000,000 for four-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in The 118 (Downtown 118)
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in The 118 (Downtown 118)
- Completed4-bed · 6,650 sqft 04 Aug 2026AED 25,000,0003,759 /sqft
- Completed4-bed · 6,650 sqft 27 Jul 2026AED 18,000,0002,707 /sqft
- Completed4-bed · 6,650 sqft 01 Jun 2026AED 30,700,0004,616 /sqft
- Completed4-bed · 6,650 sqft 09 Apr 2026AED 23,000,0003,458 /sqft
- Completed4-bed · 7,333 sqft 31 Oct 2025AED 24,475,0003,338 /sqft
- Completed4-bed · 6,650 sqft 31 Oct 2025AED 24,740,0003,720 /sqft
- Completed4-bed · 6,650 sqft 22 Oct 2025AED 34,000,0005,112 /sqft
- Completed4-bed · 2,194 sqft 24 Jul 2025AED 7,425,0003,383 /sqft
- Completed6-bed · 11,598 sqft 08 Apr 2025AED 65,000,0005,604 /sqft
- Completed4-bed · 6,650 sqft 20 Feb 2025AED 25,000,0003,759 /sqft
Over the last 12 months, The 118 (Downtown 118) has recorded 4 apartment sales. Typical homes sold for around AED 24M (about AED 3,609 per sqft) with a median size of 6,650 sqft; most were four-beds, from roughly AED 18M to AED 30.7M.
Units in The 118 (Downtown 118)
28 units- Unit 144-bed · 7,333 sqftSold AED 24.48M, Oct 2025
- Unit 154-bed · 6,650 sqftSold AED 24.74M, Oct 2025
- Unit 164-bed · 6,651 sqftSold AED 21M, May 2024
- Unit 174-bed · 6,651 sqftSold AED 23.5M, Jul 2024
- Unit 184-bed · 6,651 sqftSold AED 22M, Jan 2023
- Unit 194-bed · 6,651 sqftSold AED 22M, Sep 2022
- Unit 204-bed · 6,650 sqftSold AED 18M, Jul 2026
- Unit 214-bed · 6,558 sqftSold AED 20M, Sep 2015
- Unit 224-bed · 6,558 sqftSold AED 20M, Sep 2015
- Unit 234-bed · 6,650 sqftSold AED 30.7M, Jun 2026
Nearby buildings in Downtown Dubai
All 104 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Boulevard Point | 2019 | AED 2,819 | AED 150 | 5.3% |
| Mon Reve (Credo Tower) | 2015 | AED 1,750 | AED 103 | 5.9% |
| The Address Residence Fountain View 2 | 2019 | AED 4,453 | AED 205 | 4.6% |
| Burj Royale | 2022 | AED 3,288 | AED 172 | 5.2% |
| Rixos Financial Center Road Dubai Residences | 2027 | AED 3,023 | ||
| The Address Residence Fountain View 1 | 2019 | AED 4,497 | AED 214 | 4.8% |
| Burj Al Nujoom | 2013 | AED 1,515 | AED 116 | 7.7% |
| Dunya Tower | 2020 | AED 1,974 | AED 117 | 5.9% |
| The Address Downtown Hotel | AED 4,522 | |||
| Burj Views Podium | 2009 | AED 1,686 | AED 112 | 6.7% |
The 118 (Downtown 118) in numbers
- Across 4 DLD sales in the 12 months to October 2026, the median price in The 118 (Downtown 118) was AED 3,609 per sqft and the typical home sold for about AED 24M.
- Completed in 2016 by Signature DT Real Estate Development; 43 floors of four-beds to six-beds; service charge AED 37.22 per sqft a year.
- Four-beds of 2,195 to 7,333 sqft sold for AED 18,000,000 to 30,700,000 between April 2026 and August 2026, a median AED 3,609 per sqft.
- A four-bed of 2,195 to 7,333 sqft rents for AED 1,250,000 to 2,000,000 a year on the 5 contracts registered in the last 12 months.
- Gross rental yield 5.5%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 26 October 2026.
Questions about The 118 (Downtown 118)
How much does a four-bed in The 118 (Downtown 118) cost?
4 four-beds sold in the 12 months to October 2026, for AED 18,000,000 to 30,700,000; the median was AED 24,000,000, or AED 3,609 per sqft.
How much is a four-bed for rent in The 118 (Downtown 118)?
About AED 1,330,000 a year: that is the median of the 5 contracts for four-beds registered with Ejari in the 12 months to October 2026, from AED 1,250,000 to 2,000,000.
What is the rental yield in The 118 (Downtown 118)?
About 5.5% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in The 118 (Downtown 118)?
AED 37.22 per sqft a year. For a typical 6,650 sqft home that is about AED 247,500 a year.
Who built The 118 (Downtown 118) and when?
Signature DT Real Estate Development; completed in 2016; 43 floors; 28 apartments.
How many apartments are there in The 118 (Downtown 118)?
28, four-beds to six-beds. Each has its own page with its full sales and rental history.
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