15, The 118 (Downtown 118)
Sold prices and rental history: sold once, by the developer in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 15, The 118 (Downtown 118)
What is 15 worth today?
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Source: Dubai Land Department. Updated 31 October 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 6,650 sqft
- Floor
- 15th of 43
- Parking
- P4-15-1 TO P4-15-3
- Developer
- Signature DT Real Estate Development
- Completed
- 2016
- Service charge
- AED 247,500 /yr
- Last sold
- AED 24.74M · October 2025
- Building
- The 118 (Downtown 118)
About 15, The 118 (Downtown 118)
15 is a four-bedroom apartment of 6,650 sqft on the 15th floor of The 118 (Downtown 118), a 43-storey tower in Downtown Dubai completed in 2016 by Signature DT Real Estate Development. The developer sold it on 31 October 2025 for AED 24,740,000, or AED 3,720 per sqft, in line with the AED 3,740 four-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 July 2023, is AED 725,000 a year: a gross yield of 2.9% on the 2025 price, before the service charge of about AED 247,500 a year.
Sales and rents for 15 over time
15 has sold once; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in The 118 (Downtown 118), and where 15 sits
All 26 4-beds →15 last sold in October 2025 at AED 3,720 per sqft, in line with what four-beds in The 118 (Downtown 118) were fetching at the time (AED 3,740). Over the last 12 months four-beds sold for AED 18,000,000 to 30,700,000, around AED 3,609 per sqft, and rent for AED 1,250,000 to 2,000,000 a year. 15's AED 725,000 is at the bottom of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 6,650 sqft | 25,000,000 | 3,759 | ||
| 27 Jul 202627 July 2026 | 6,650 sqft | 18,000,000 | 2,706 | ||
| 1 Jun 20261 June 2026 | 6,650 sqft | 30,700,000 | 4,616 | ||
| 9 Apr 20269 April 2026 | 6,650 sqft | 23,000,000 | 3,458 |
The 118 (Downtown 118)
Building28 apartments, 4-bed to 6-bed over 43 floors in Downtown Dubai, completed in 2016 by Signature DT Real Estate Development. 4 sold in the last 12 months.
- Typical price per sqft
- AED 3,609
- Typical sale
- AED 24M
- Typical rent
- AED 1.33M /yr
- Typical yield
- 5.5%
15, The 118 (Downtown 118) in numbers
- Sold once: by Signature DT Real Estate Development on 31 October 2025 for AED 24,740,000, or AED 3,720 per sqft.
- Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 800,000 to AED 510,000 in 2020 and recovered to AED 725,000 by July 2023.
- At AED 725,000 a year the gross yield on the 2025 price is 2.9%, before a service charge of about AED 247,500 a year (AED 37.22 per sqft).
- Four-beds in The 118 (Downtown 118) sold for AED 18,000,000–30,700,000 in the 12 months to November 2026; the building's median across all types is AED 3,609 per sqft.
Source: Dubai Land Department. Updated 31 October 2025.
Questions about 15, The 118 (Downtown 118)
What did unit 15 last sell for?
AED 24,740,000 on 31 October 2025, sold by the developer: AED 3,720 per sqft for 6,650 sqft. It is the only registered sale of the unit.
What is the rent for unit 15?
AED 725,000 a year on the contract renewed on 7 July 2023. The previous contract, from July 2022, was AED 675,000; the unit has been rented since February 2019.
How big is unit 15?
6,650 sqft (617.8 sqm): a four-bedroom apartment on the 15th floor of a 43-storey tower completed in 2016.
What is unit 15 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The 118 (Downtown 118) sold for AED 18,000,000 to 30,700,000 in the last 12 months, around AED 3,609 per sqft.
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Mortgage on 15, The 118 (Downtown 118)
Starts from the last sale price (AED 24.74M, 31 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 24,740,000
- Deposit, UAE resident (20%)
- AED 4,948,000
- Deposit, non-resident (40%)
- AED 9,896,000
- Monthly over 25 years at 3.7%
- AED 101,219
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →