30, The 118 (Downtown 118)
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 30, The 118 (Downtown 118)
What is 30 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2023.
Key facts
- Type
- 4-bed apartment
- Size
- 6,651 sqft
- Floor
- 30th of 43
- Parking
- P2-30-1 TO P2-30-3
- Developer
- Signature DT Real Estate Development
- Completed
- 2016
- Service charge
- AED 247,500 /yr
- Last sold
- AED 22M · March 2023
- Building
- The 118 (Downtown 118)
About 30, The 118 (Downtown 118)
30 is a four-bedroom apartment of 6,651 sqft on the 30th floor of The 118 (Downtown 118), a 43-storey tower in Downtown Dubai completed in 2016 by Signature DT Real Estate Development. It last sold on 1 March 2023 for AED 22,000,000, or AED 3,308 per sqft, in line with the AED 3,308 four-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 March 2023, is AED 800,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 247,500 a year.
Sales and rents for 30 over time
30 has sold twice; 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 30 sits
All 22 4-beds →30 last sold in March 2023 at AED 3,308 per sqft, in line with what four-beds in The 118 (Downtown 118) were fetching at the time (AED 3,308).
| 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 | ||
| 28 Aug 202428 August 2024 | 6,651 sqft | 26,000,000 | 3,909 |
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
30, The 118 (Downtown 118) in numbers
- Sold twice: first on 16 September 2015 for AED 20,795,000, last on 1 March 2023 for AED 22,000,000 (AED 3,308 per sqft).
- Rented since September 2019 on 5 Ejari contracts, from AED 725,000 to AED 800,000 a year.
- At AED 800,000 a year the gross yield on the 2023 price is 3.6%, 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 1 March 2023.
Questions about 30, The 118 (Downtown 118)
What did unit 30 last sell for?
AED 22,000,000 on 1 March 2023: AED 3,308 per sqft for 6,651 sqft. The unit has 2 registered sales; the first was AED 20,795,000 in September 2015.
What is the rent for unit 30?
AED 800,000 a year on the contract signed on 1 March 2023. The previous contract, from December 2022, was AED 41,590,000; the unit has been rented since September 2019.
How big is unit 30?
6,651 sqft (617.9 sqm): a four-bedroom apartment on the 30th floor of a 43-storey tower completed in 2016.
What is unit 30 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 30, The 118 (Downtown 118)
Starts from the last sale price (AED 22M, 1 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 22,000,000
- Deposit, UAE resident (20%)
- AED 4,400,000
- Deposit, non-resident (40%)
- AED 8,800,000
- Monthly over 25 years at 3.7%
- AED 90,009
Plus AED 929,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →