The 118, Downtown Dubai
Located in Downtown Dubai, Dubai. Its price per sqft is +28% vs the The 118 median (AED 3,609/sqft).
Sale price
AED 30,700,000
- Per sqft
- AED 4,616
- Registered
- 1 Jun 2026, 15:52 (Dubai)
01 / Price history
This unit's history
Every registration of this 4-bedroom apartment in The 118: same layout, exact size (6,650 sqft) and parking bay P3-23-1 TO P3-23-3. The registry has no unit numbers, so records are matched on these details.
1 Jun 2026This sale
6,650 sqft · AED 4,616/sqft · Ready
First recordAED 30,700,0001 Jun 2026Mortgage
Same day as previous · 6,650 sqft · AED 2,255/sqft · Ready
51%lower than the previous recordAED 15,000,000
- Records
- 2
- Registered
- Same day
- as the mortgage, 1 Jun 2026
- Loan to value
- 49%
- AED 15M mortgage on the AED 30.7M sale
02 / The property
Property details
- Size
- 6,650 sqft · 617.85 m²
- Bedrooms
- 4 BR
- Registered as
- Sale
- Property sub-type
- Flat
- Usage
- Residential
- Tenure
- Freehold
- Parking
- P3-23-1 TO P3-23-3
- Nearest metro
- Buj Khalifa Dubai Mall Metro Station
- Nearest mall
- Dubai Mall
- Nearest landmark
- Downtown Dubai
03 / Comparables
All sales in The 118 (26 Aug 2015 – 4 Aug 2026)
44 market sales. Percentages compare each sale with this one.
04 / Renting it out
What similar apartments rent for
Median of 58 market rents of apartments of 5,653–7,648 sq ft in The 118. The gross yield is that rent against this sale's price, before service charges, fees and empty months.
- Median rent / yr
- AED 700,000
- Per sqft / yr
- AED 105/sqft
- Gross yield
- 2.3%