28, The 118 (Downtown 118)
Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 28, The 118 (Downtown 118)
What is 28 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 6,651 sqft
- Floor
- 28th of 43
- Parking
- P3-28-1 TO P3-28-3
- Developer
- Signature DT Real Estate Development
- Completed
- 2016
- Service charge
- AED 247,500 /yr
- Last sold
- AED 26M · August 2024
- Building
- The 118 (Downtown 118)
About 28, The 118 (Downtown 118)
28 is a four-bedroom apartment of 6,651 sqft on the 28th 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 28 August 2024 for AED 26,000,000, or AED 3,909 per sqft, 9% above the AED 3,571 four-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 29 August 2025, is AED 500,000 a year: a gross yield of 1.9% on the 2024 price, before the service charge of about AED 247,500 a year.
Sales and rents for 28 over time
28 has sold once; the dashed line is the four-bed median of each year in the building.
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 28 sits
All 22 4-beds →28 last sold in August 2024 at AED 3,909 per sqft, 9% above what four-beds in The 118 (Downtown 118) were fetching at the time (AED 3,571).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 2,195 sqft | 7,425,000 | 3,383 | ||
| 20 Feb 202520 February 2025 | 6,651 sqft | 25,000,000 | 3,759 | ||
| 12 Dec 202412 December 2024 | 6,650 sqft | 30,760,000 | 4,625 | ||
| 4 Jul 20244 July 2024 | 6,651 sqft | 23,500,000 | 3,533 |
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. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- Few contracts
- Typical yield
28, The 118 (Downtown 118) in numbers
- Sold once: by Signature DT Real Estate Development on 28 August 2024 for AED 26,000,000, or AED 3,909 per sqft.
- Rented since January 2020 on 6 Ejari contracts, from AED 630,000 to AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2024 price is 1.9%, before a service charge of about AED 247,500 a year (AED 37.22 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2025.
Questions about 28, The 118 (Downtown 118)
What did unit 28 last sell for?
AED 26,000,000 on 28 August 2024, sold by the developer: AED 3,909 per sqft for 6,651 sqft. It is the only registered sale of the unit.
What is the rent for unit 28?
AED 500,000 a year on the contract renewed on 29 August 2025. The previous contract, from August 2024, was AED 500,000; the unit has been rented since January 2020.
How big is unit 28?
6,651 sqft (617.9 sqm): a four-bedroom apartment on the 28th floor of a 43-storey tower completed in 2016.
What is unit 28 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 28, The 118 (Downtown 118)
Starts from the last sale price (AED 26M, 28 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 26,000,000
- Deposit, UAE resident (20%)
- AED 5,200,000
- Deposit, non-resident (40%)
- AED 10,400,000
- Monthly over 25 years at 3.7%
- AED 106,374
Plus AED 1,097,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →