6-bed · 11,045 sqftThe 118 (Downtown 118), Downtown Dubai · 33rd floor · completed 2016

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.

Unit 33 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 65M7 February 2024
Current rentAED 1M /yr10 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 33, The 118 (Downtown 118)

What is 33 worth today?

Last sold for AED 65,000,000 in 2024

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7 Feb 2024Sold by developerReady
AED 65,000,000AED 5,884 per sqft
10 Sep 2020RentedNew contract
AED 1,000,000/yr38 months · AED 91 per sqft

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

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 salesUnit no.Price (AED)Summary
8 Apr 202565,000,000
26 Oct 202149,900,000
0 6-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 →

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 →