4-bed · 6,558 sqftThe 118 (Downtown 118), Downtown Dubai · 21st floor · completed 2016

21, The 118 (Downtown 118)

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 21 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 20M17 September 2015
Current rentAED 1.47M /yr28 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 21, The 118 (Downtown 118)

What is 21 worth today?

Last sold for AED 20,000,000 in 2015

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28 Jul 2025RentedNew contract
AED 1,466,667/yr36 months · AED 221 per sqft
28 Jul 2025RentedNew contract
AED 1,466,667/yr36 months · AED 221 per sqft
15 Mar 2024RentedNew contract
AED 1,100,000/yr24 months · AED 165 per sqft
15 Mar 2022RentedNew contract
AED 775,000/yr24 months · AED 117 per sqft
10 Feb 2021RentedNew contract
AED 700,000/yr24 months · AED 105 per sqft
1 Feb 2018RentedNew contract
AED 700,000/yr12 months · AED 105 per sqft
17 Sep 2015Sold by developerOff-plan
AED 20,000,000AED 3,049 per sqft

Source: Dubai Land Department. Updated 28 July 2025.

Key facts

Type
4-bed apartment
Size
6,558 sqft
Floor
21st of 43
Parking
P4-21-1 TO P4-21-3
Developer
Signature DT Real Estate Development
Completed
2016
Service charge
AED 244,100 /yr
Last sold
AED 20M · September 2015

About 21, The 118 (Downtown 118)

21 is a four-bedroom apartment of 6,558 sqft on the 21st 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 17 September 2015 for AED 20,000,000, or AED 3,049 per sqft, 4% below the AED 3,171 four-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 28 July 2025, is AED 1,466,667 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 244,100 a year.

Sales and rents for 21 over time

Sales
Unit 21, each saleTypical four-bed in The 118 (Downtown 118)
20M22.5M25M20152018202120242027Typical sale price by year: 2015 AED 20,397,500; 2022 AED 22,450,000; 2023 AED 22,000,000; 2024 AED 24,350,000; 2025 AED 24,740,000; 2026 AED 24,000,000Sold by developer, September 2015: AED 20,000,000 (AED 3,049 per sqft)

21 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 21, each contractTypical four-bed in The 118 (Downtown 118)
500K1M1.5M2018202120242027Typical rent by year: 2019 AED 560,000; 2020 AED 600,000; 2021 AED 685,000; 2022 AED 725,000; 2023 AED 925,000; 2024 AED 1,305,000; 2025 AED 1,500,000; 2026 AED 1,325,000New contract, February 2018: AED 700,000 a yearNew contract, February 2021: AED 700,000 a yearNew contract, March 2022: AED 775,000 a yearNew contract, March 2024: AED 1,100,000 a yearNew contract, July 2025: AED 1,466,667 a yearNew contract, July 2025: AED 1,466,667 a year

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 21 sits

All 26 4-beds →

21 last sold in September 2015 at AED 3,049 per sqft, 4% below what four-beds in The 118 (Downtown 118) were fetching at the time (AED 3,171). 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. 21's AED 1,466,667 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
4 Aug 202625,000,000
27 Jul 202618,000,000
1 Jun 202630,700,000
9 Apr 202623,000,000
4 4-bed sales in the last 12 months

The 118 (Downtown 118)

Building

28 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%
The 118 (Downtown 118), Downtown Dubai: prices, sales and rents →

21, The 118 (Downtown 118) in numbers

  • Sold once: by Signature DT Real Estate Development on 17 September 2015 for AED 20,000,000, or AED 3,049 per sqft.
  • Rented since February 2018 on 6 Ejari contracts, from AED 700,000 to AED 1,466,667 a year.
  • At AED 1,466,667 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 244,100 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 28 July 2025.

Questions about 21, The 118 (Downtown 118)

What did unit 21 last sell for?

AED 20,000,000 on 17 September 2015, sold by the developer: AED 3,049 per sqft for 6,558 sqft. It is the only registered sale of the unit.

What is the rent for unit 21?

AED 1,466,667 a year on the contract signed on 28 July 2025. The previous contract, from July 2025, was AED 1,466,667; the unit has been rented since February 2018.

How big is unit 21?

6,558 sqft (609.3 sqm): a four-bedroom apartment on the 21st floor of a 43-storey tower completed in 2016.

What is unit 21 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 21, The 118 (Downtown 118)

Starts from the last sale price (AED 20M, 17 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 20,000,000
Deposit, UAE resident (20%)
AED 4,000,000
Deposit, non-resident (40%)
AED 8,000,000
Monthly over 25 years at 3.7%
AED 81,826

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