4-bed · 6,650 sqftThe 118 (Downtown 118), Downtown Dubai · 42nd floor · completed 2016

42, The 118 (Downtown 118)

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 42 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 30.76M12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 42, The 118 (Downtown 118)

What is 42 worth today?

Last sold for AED 30,760,000 in 2024

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12 Dec 2024SoldReady
AED 30,760,000AED 4,625 per sqft
16 Dec 2015Sold by developerOff-plan
AED 20,000,000AED 3,049 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Key facts

Type
4-bed apartment
Size
6,650 sqft
Floor
42nd of 43
Parking
M-42-1 TO M-42-3
Developer
Signature DT Real Estate Development
Completed
2016
Service charge
AED 247,500 /yr
Last sold
AED 30.76M · December 2024

About 42, The 118 (Downtown 118)

42 is a four-bedroom apartment of 6,650 sqft on the 42nd 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 12 December 2024 for AED 30,760,000, or AED 4,625 per sqft, 28% above the AED 3,608 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 42 over time

Sales
Unit 42, each saleTypical four-bed in The 118 (Downtown 118)
20M25M30M2015201820212024Typical 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, December 2015: AED 20,000,000 (AED 3,049 per sqft)Sold, December 2024: AED 30,760,000 (AED 4,625 per sqft)

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

Rents
Unit 42, 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 42 sits

All 22 4-beds →

42 last sold in December 2024 at AED 4,625 per sqft, 28% above what four-beds in The 118 (Downtown 118) were fetching at the time (AED 3,608).

Recent 4-bed salesUnit no.Price (AED)Summary
24 Jul 20257,425,000
20 Feb 202525,000,000
28 Aug 202426,000,000
4 Jul 202423,500,000
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 →

42, The 118 (Downtown 118) in numbers

  • Sold twice: first on 16 December 2015 for AED 20,000,000, last on 12 December 2024 for AED 30,760,000 (AED 4,625 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Questions about 42, The 118 (Downtown 118)

What did unit 42 last sell for?

AED 30,760,000 on 12 December 2024: AED 4,625 per sqft for 6,650 sqft. The unit has 2 registered sales; the first was AED 20,000,000 in December 2015.

How big is unit 42?

6,650 sqft (617.8 sqm): a four-bedroom apartment on the 42nd floor of a 43-storey tower completed in 2016.

What is unit 42 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 42, The 118 (Downtown 118)

Starts from the last sale price (AED 30.76M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 30,760,000
Deposit, UAE resident (20%)
AED 6,152,000
Deposit, non-resident (40%)
AED 12,304,000
Monthly over 25 years at 3.7%
AED 125,849

Plus AED 1,296,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →