4-bed · 6,558 sqftThe 118 (Downtown 118), Downtown Dubai · 22nd floor · completed 2016

22, The 118 (Downtown 118)

Sold prices and rental history: sold once, by the developer in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 22 · DLD and Ejari recordsUpdated 20 September 2015
Last soldAED 20M20 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 22, The 118 (Downtown 118)

What is 22 worth today?

Last sold for AED 19,995,000 in 2015

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20 Sep 2015Sold by developerOff-plan
AED 19,995,000AED 3,049 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2015.

Key facts

Type
4-bed apartment
Size
6,558 sqft
Floor
22nd of 43
Parking
P3-22-1 TO P3-22-3
Developer
Signature DT Real Estate Development
Completed
2016
Service charge
AED 244,100 /yr
Last sold
AED 20M · September 2015

About 22, The 118 (Downtown 118)

22 is a four-bedroom apartment of 6,558 sqft on the 22nd 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 20 September 2015 for AED 19,995,000, or AED 3,049 per sqft, in line with the AED 3,110 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 22 over time

Sales
Unit 22, each saleTypical four-bed in The 118 (Downtown 118)
20M22M24M2015201820212024Typical sale price by year: 2015 AED 20,397,500; 2022 AED 22,450,000; 2023 AED 22,000,000; 2024 AED 24,350,000Sold by developer, September 2015: AED 19,995,000 (AED 3,049 per sqft)

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

Rents
Unit 22, each contractTypical four-bed in The 118 (Downtown 118)
1M2019202120232025Typical rent by year: 2019 AED 555,000; 2020 AED 625,000; 2021 AED 690,000; 2022 AED 750,000; 2023 AED 925,000; 2024 AED 1,350,000; 2025 AED 1,750,000

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 22 sits

All 22 4-beds →

22 last sold in September 2015 at AED 3,049 per sqft, in line with what four-beds in The 118 (Downtown 118) were fetching at the time (AED 3,110).

Recent 4-bed salesUnit no.Price (AED)Summary
24 Jul 20257,425,000
20 Feb 202525,000,000
12 Dec 202430,760,000
28 Aug 202426,000,000
0 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. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
The 118 (Downtown 118), Downtown Dubai: prices, sales and rents →

22, The 118 (Downtown 118) in numbers

  • Sold once: by Signature DT Real Estate Development on 20 September 2015 for AED 19,995,000, or AED 3,049 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2015.

Questions about 22, The 118 (Downtown 118)

What did unit 22 last sell for?

AED 19,995,000 on 20 September 2015, sold by the developer: AED 3,049 per sqft for 6,558 sqft. It is the only registered sale of the unit.

How big is unit 22?

6,558 sqft (609.3 sqm): a four-bedroom apartment on the 22nd floor of a 43-storey tower completed in 2016.

What is unit 22 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 22, The 118 (Downtown 118)

Starts from the last sale price (AED 20M, 20 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 19,995,000
Deposit, UAE resident (20%)
AED 3,999,000
Deposit, non-resident (40%)
AED 7,998,000
Monthly over 25 years at 3.7%
AED 81,806

Plus AED 844,800 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →