The 118 property prices & sales
The 118 at a glance written from registered records
The 118 recorded 7 registered sales in the last 12 months, worth AED 179.91M in total. The median price was AED 3,720 per sq ft, down 11.3% on the previous 12 months, and the median sale price was AED 24.74M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 4 rental contracts registered in the same period, the median annual rent was AED 1,325,000.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 4 | 3,609 | AED 24.00M |
| 2025 | 6 | 3,740 | AED 24.87M |
| 2024 | 7 | 3,714 | AED 24.70M |
| 2023 | 9 | 3,308 | AED 22.00M |
| 2022 | 4 | 3,376 | AED 22.45M |
| 2021 | 2 | 3,580 | AED 34.45M |
| 2017 | 1 | 2,895 | AED 19.25M |
| 2016 | 1 | 3,377 | AED 22.15M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| 4 B/R | 10 | AED 23.37M | AED 24.87M | AED 29.27M | 3,740 | 6,650 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-08-04 | Unit | 4 B/R | The 118 | 6,650 | AED 25,000,000 | 3,759 |
| 2026-07-28 | Unit | 4 B/R | The 118 | 6,650 | AED 18,000,000 | 2,707 |
| 2026-06-02 | Unit | 4 B/R | The 118 | 6,650 | AED 30,700,000 | 4,616 |
| 2026-04-09 | Unit | 4 B/R | The 118 | 6,650 | AED 23,000,000 | 3,458 |
| 2025-10-31 | Unit | 4 B/R | The 118 | 7,333 | AED 24,475,000 | 3,338 |
| 2025-10-31 | Unit | 4 B/R | The 118 | 6,650 | AED 24,740,000 | 3,720 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about The 118
What is the average price per sq ft in The 118?
Over the last 12 months the median registered sale price in The 118 was AED 3,720 per sq ft (-11.3% year on year).
How many properties sold in The 118 in the last 12 months?
7 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in The 118?
The median annual rent across 4 contracts registered in the last 12 months was AED 1,325,000.
Comparables in DownTown Dubai 12m
The 118 ranks #13 of 54 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Binghatti Skyblade | 546 | 3,913 |
| Solara Tower Dubai | 50 | 3,740 |
| The 118 | 7 | 3,720 |
| Grande | 61 | 3,539 |
| The Address Dubai Opera | 71 | 3,508 |
| The St. Regis Residences, Downtown Dubai | 126 | 3,107 |
| Act One | Act Two | 55 | 3,057 |
| One Residence | 74 | 2,930 |
| Burj Khalifa Towers | 117 | 2,929 |
| Forte | 72 | 2,859 |
| Burj Crown | 51 | 2,798 |
| Imperial Avenue | 67 | 2,398 |
| 29 Boulevard | 79 | 2,282 |
Project record
| Developer | Signature D T Real Estate Development |
| Status | Finished |
| Completion | 100% |
| Handover | 2016-04-08 |
| Units | 28 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
