The 118

1. Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
2. Is it easy to let?14% of units signed a yearly lease in 12 months; the typical Downtown Dubai building manages 27%14%Watch

   Across 28 Downtown Dubai buildings with 40 or more units, the median signed annual leases on 27% of units in 12 months and the top tenth on 64% or more; The 118 is at 14%.

3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
4. How fast do fees pay back?AED 1.51M in fees to buy a 4+ bed; rent covers it in 1.2 years1.2 yrs
5. Can I sell easily?7 sales in 12 months, 25% of the tower (3 the year before)7Strength
6. Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
7. Did earlier buyers gain?Up 4% for buyers 5 years ago; up 17% for launch buyers, before fees+3.9%Context

7 resales in the last 12 months, against 7 a year on average over 2023–2025.

At 4+ bed, The 118 has registered sale prices 26% below the Downtown Dubai median price per square foot of 5,056 AED, across 12 eligible buildings. It ranks 9th of 12 by price per square foot in Downtown Dubai.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 4+ bed
  7 registered sales in 12 months
  On record
• Rental evidence · 4+ bed
  2 new and 2 renewal contracts in 12 months · rent source: this building
  Read with care
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  The 118: recorded complete 2016-04-08 · register data to 2026-07-06
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 6 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in The 118?

No gross yield is published for The 118 as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 7 registered sales and 2 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Downtown Dubai median is 4.9% gross.

How much does a 4+ bedroom in The 118 cost?

The median registered sale price is AED 24.74M (3,720 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in The 118 selling for right now?

Registered sales of ready units in The 118 over the last 12 months have a median of 3,720 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

What is the registered annual rent for a 4+ bedroom in The 118?

The median new annual rent is AED 1.27M, from 2 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

How do launch and resale median prices in The 118 compare?

The resale median is +17.3% against the all-history launch median (launches 2015–2016), at 4+ bed, from 11 launch sales and 7 ready resales in the trailing 12 months to 2026-10-12. These are unpaired transaction groups, before costs, not realised buyer returns.