PropertyIndex

The 118

Completed · Q2 2017|28 units · 1 tower

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The 118 is a completed apartment development by SIGNATURE D T REAL ESTATE DEVELOPMENT in Downtown Dubai, Burj Khalifa, comprising 28 registered units. 43 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,728 per sqft. At AED 3,728 per sqft, The 118 prices 22% above the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 4.3% YoY
26.80MAED
Typical
3,728AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
43
DLD · all time
Rent contracts
95
Ejari · all time
The 118

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
6,650 – 11,598 sqft
2826.80M3,7284.3%1.43M5.3%
4 Bed · Apartment
6,650 – 7,333 sqft
26
6 Bed · Apartment
11,045 – 11,598 sqft
2
Sales — Project-Wide43 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
4 Aug 2026Floor 246,65025,000,0003,7590.0%StandardStandard Sale
27 Jul 2026Floor 206,65018,000,0002,707-7.7%StandardStandard Sale
1 Jun 2026Floor 236,65030,700,0004,616+40.8%StandardStandard Sale
Rentals — Project-Wide95 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20266,6513,200,000481Standardrenewal
1 Sep 20266,6511,300,000195Standardnew
8 Feb 2026Floor 166,6501,350,000203+0.1%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about The 118

Answered from Dubai Land Department registered transactions.

How much does a property in The 118 cost?

Property in The 118 sells at a current PIX© price of AED 3,728 per sqft, or about AED 26,797,870 for a typical unit, based on 43 sales registered with the Dubai Land Department.

Is The 118 completed?

Yes. The 118 is recorded as completed in the Dubai Land Department project register (completed q2 2017).

Who is the developer of The 118?

The 118 is developed by SIGNATURE D T REAL ESTATE DEVELOPMENT, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The 118?

The 118 yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 95 registered Ejari contracts.

How many units are in The 118?

The 118 holds 28 registered units, per the Dubai Land Department unit register.

Have prices in The 118 gone up or down?

Price per sqft has fallen -4.3% over the last 12 months, to AED 3,728, across 43 registered sales.