36, The 118 (Downtown 118)
Sold prices and rental history: sold once, by the developer in January 2024, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 36, The 118 (Downtown 118)
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 6,651 sqft
- Floor
- 36th of 43
- Parking
- P2-36-1 TO P2-36-3
- Developer
- Signature DT Real Estate Development
- Completed
- 2016
- Service charge
- AED 247,500 /yr
- Last sold
- AED 24M · January 2024
- Building
- The 118 (Downtown 118)
About 36, The 118 (Downtown 118)
36 is a four-bedroom apartment of 6,651 sqft on the 36th 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 15 January 2024 for AED 24,000,000, or AED 3,608 per sqft, 9% above the AED 3,308 four-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2020. The current contract, signed on 1 January 2020, is AED 850,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 247,500 a year.
Sales and rents for 36 over time
36 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 36 sits
All 22 4-beds →36 last sold in January 2024 at AED 3,608 per sqft, 9% above 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
36, The 118 (Downtown 118) in numbers
- Sold once: by Signature DT Real Estate Development on 15 January 2024 for AED 24,000,000, or AED 3,608 per sqft.
- Rented since January 2020 on one Ejari contract, at AED 850,000 a year.
- At AED 850,000 a year the gross yield on the 2024 price is 3.5%, 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 15 January 2024.
Questions about 36, The 118 (Downtown 118)
What did unit 36 last sell for?
AED 24,000,000 on 15 January 2024, sold by the developer: AED 3,608 per sqft for 6,651 sqft. It is the only registered sale of the unit.
What is the rent for unit 36?
AED 850,000 a year on the contract signed on 1 January 2020.
How big is unit 36?
6,651 sqft (617.9 sqm): a four-bedroom apartment on the 36th floor of a 43-storey tower completed in 2016.
What is unit 36 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 36, The 118 (Downtown 118)
Starts from the last sale price (AED 24M, 15 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 24,000,000
- Deposit, UAE resident (20%)
- AED 4,800,000
- Deposit, non-resident (40%)
- AED 9,600,000
- Monthly over 25 years at 3.7%
- AED 98,191
Plus AED 1,013,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →