
33, The 118 (Downtown 118)
Sold prices and rental history: sold once, by the developer in February 2024, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 33, The 118 (Downtown 118)
What is 33 worth today?
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Source: Dubai Land Department. Updated 7 February 2024.
Key facts
- Type
- 6-bed apartment
- Size
- 11,045 sqft
- Floor
- 33rd of 43
- Parking
- P1-PH1-1 TO P1-PH1-5
- Developer
- Signature DT Real Estate Development
- Completed
- 2016
- Service charge
- AED 411,100 /yr
- Last sold
- AED 65M · February 2024
- Building
- The 118 (Downtown 118)
About 33, The 118 (Downtown 118)
33 is a six-bedroom apartment of 11,045 sqft on the 33rd 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 7 February 2024 for AED 65,000,000, or AED 5,884 per sqft.
One Ejari contract is registered, from 10 September 2020. The current contract, signed on 10 September 2020, is AED 1,000,000 a year: a gross yield of 1.5% on the 2024 price, before the service charge of about AED 411,100 a year.
6-beds in The 118 (Downtown 118), and where 33 sits
All 2 6-beds →| Recent 6-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Apr 20258 April 2025 | 11,598 sqft | 65,000,000 | 5,604 | ||
| 26 Oct 202126 October 2021 | 11,598 sqft | 49,900,000 | 4,302 |
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%
33, The 118 (Downtown 118) in numbers
- Sold once: by Signature DT Real Estate Development on 7 February 2024 for AED 65,000,000, or AED 5,884 per sqft.
- Rented since September 2020 on one Ejari contract, at AED 1,000,000 a year.
- At AED 1,000,000 a year the gross yield on the 2024 price is 1.5%, before a service charge of about AED 411,100 a year (AED 37.22 per sqft).
Source: Dubai Land Department. Updated 7 February 2024.
Questions about 33, The 118 (Downtown 118)
What did unit 33 last sell for?
AED 65,000,000 on 7 February 2024, sold by the developer: AED 5,884 per sqft for 11,045 sqft. It is the only registered sale of the unit.
What is the rent for unit 33?
AED 1,000,000 a year on the contract signed on 10 September 2020.
How big is unit 33?
11,045 sqft (1026.1 sqm): a six-bedroom apartment on the 33rd floor of a 43-storey tower completed in 2016.
What is unit 33 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 33, The 118 (Downtown 118)
Starts from the last sale price (AED 65M, 7 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 65,000,000
- Deposit, UAE resident (20%)
- AED 13,000,000
- Deposit, non-resident (40%)
- AED 26,000,000
- Monthly over 25 years at 3.7%
- AED 265,935
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →