The 118
Every figure below comes from registered Dubai Land Department records: real sales and real Ejari rent contracts, not asking prices. 106 registered sales on record for this project.
Median sold price · 12 mo
AED 24.74M
3,720 AED/sqft · 7 sales
Median rent · last 90 days
AED 1.3M/yr
3 registered contracts
Real gross yield
≈ 5.3%
Registered rents ÷ registered prices
What else you can check, free
What actually sells in Downtown Dubai, weekly
One email a week: the registered sales and rents in Downtown Dubai, from the Dubai Land Department record. No asking prices, no listings, no agent calling you.
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By Bedroom Count in The 118
Every registered sale in this building, grouped by how many bedrooms the Land Department recorded. Find your size and you are looking at what homes like yours actually sold for.
| Bedrooms | Sales | Typical size | Median price | Per sqft | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 4-bed | 41 | 6,652 sqft | AED 22,000,000 | 3,308 | AED 1,466,667 | 6.7% |
| 6-bed | 3 | 11,603 sqft | AED 65,000,000 | 5,604 | - | - |
Source: Dubai Land Department (CC BY 4.0). Bedroom counts and prices are DLD's own record for this building. Rents are registered Ejari contracts in the same building over the last 24 months, matched to each bedroom count by floor area, because Ejari records size rather than bedrooms. A yield is shown only where both sides have a real sample.
Latest Registered Sales
| Date | Type | Size | Price | Per sqft |
|---|---|---|---|---|
| 2026-08-04 | 4 B/R | 6,650 sqft | AED 25M | 3,759 |
| 2026-07-28 | 4 B/R | 6,650 sqft | AED 18M | 2,707 |
| 2026-06-02 | 4 B/R | 6,650 sqft | AED 30.7M | 4,616 |
| 2026-04-09 | 4 B/R | 6,650 sqft | AED 23M | 3,458 |
| 2025-10-31 | 4 B/R | 6,650 sqft | AED 24.74M | 3,720 |
| 2025-10-31 | 4 B/R | 7,333 sqft | AED 24.48M | 3,338 |
| 2025-10-22 | 4 B/R | 6,650 sqft | AED 34M | 5,112 |
| 2025-07-24 | 4 B/R | 2,195 sqft | AED 7.42M | 3,383 |
Source: Dubai Land Department registered transactions. Comparable data, not a formal valuation.
More Buildings in Downtown Dubai
The 118: common questions
How much does a property in The 118 cost?+
Over the last 12 months the median registered sale price in The 118 in Downtown Dubai was AED 24.74M, across 7 registered sales. That is about 3,720 AED per square foot. These are completed transactions registered with the Dubai Land Department, not asking prices.
What is the rent in The 118?+
The median registered annual rent in The 118 over the last 90 days was AED 1.3M per year, across 3 registered Ejari contracts. Ejari contracts are the official registered tenancy record, so this reflects what tenants are actually paying rather than advertised rents.
What rental yield does The 118 give?+
The 118 shows a gross rental yield of roughly 5.3%, calculated by comparing registered Ejari rents against registered sale prices for the same building. That figure is gross, so service charges, management fees and any vacancy still come out of it, commonly one to two percentage points.
Is The 118 a good investment?+
We do not give investment advice, and we will not guess. What the registered record shows for The 118 is 106 registered sales on file, 7 of them in the last 12 months, and a gross yield of about 5.3%. Transaction volume matters as much as price, because it tells you how easily you could sell again. Compare those figures against other buildings in Downtown Dubai before deciding, and check the service charge for the tower, since it comes straight off your yield.
How do I check what a specific unit in The 118 sold for?+
Every sale in The 118 is registered with the Dubai Land Department, and the recent ones are listed on this page with date, size and price. Looking at one specific unit? Send the listing to Chat DLD on WhatsApp. It compares the asking price against the registered record for this building in seconds, free.
Buying or selling here
Talk to an agent who actually works The 118
We introduce you only to gold-rated brokerages, the Dubai Land Department's own top classification, so the rating comes from the government rather than from us. Free to you, and no obligation.
Register your interest in The 118
Tell us which side of the table you are on. We will send the registered numbers for The 118, and an introduction to someone who works there.
Terms on this page
- Service charge
- Gross rental yield
- Price per square foot
- Jointly owned property
- Built-up area
- Secondary market
Every term, in the Dubai property glossary.
