37, The 118 (Downtown 118)
Sold prices and rental history: sold twice, last in May 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 37, The 118 (Downtown 118)
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2023.
Key facts
- Type
- 4-bed apartment
- Size
- 6,651 sqft
- Floor
- 37th of 43
- Parking
- P2-37-1 TO P2-37-3
- Developer
- Signature DT Real Estate Development
- Completed
- 2016
- Service charge
- AED 247,500 /yr
- Last sold
- AED 22M · May 2023
- Building
- The 118 (Downtown 118)
About 37, The 118 (Downtown 118)
37 is a four-bedroom apartment of 6,651 sqft on the 37th 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 15 May 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 since 2019 on 3 Ejari contracts. The current contract, signed on 10 January 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 37 over time
37 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 37 sits
All 22 4-beds →37 last sold in May 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
37, The 118 (Downtown 118) in numbers
- Sold twice: first on 8 September 2015 for AED 20,927,000, last on 15 May 2023 for AED 22,000,000 (AED 3,308 per sqft).
- Rented since July 2019 on 3 Ejari contracts, from AED 500,000 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 15 May 2023.
Questions about 37, The 118 (Downtown 118)
What did unit 37 last sell for?
AED 22,000,000 on 15 May 2023: AED 3,308 per sqft for 6,651 sqft. The unit has 2 registered sales; the first was AED 20,927,000 in September 2015.
What is the rent for unit 37?
AED 800,000 a year on the contract signed on 10 January 2023. The previous contract, from January 2022, was AED 700,000; the unit has been rented since July 2019.
How big is unit 37?
6,651 sqft (617.9 sqm): a four-bedroom apartment on the 37th floor of a 43-storey tower completed in 2016.
What is unit 37 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 37, The 118 (Downtown 118)
Starts from the last sale price (AED 22M, 15 May 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 →