Sold Prices · DLD Data
The 118
Burj Khalifa, Dubai · Downtown Dubai
AED 3,635
Avg Price / sqft
AED 24M
Avg Sale Price
4
DLD Sales Recorded
3.9%
Est. Gross Yield
Market snapshot
The 118 — the numbers
The 118 is a residential building in Burj Khalifa, Dubai with approximately 28 units. Dubai Land Department records show 4 sales in the building, at an average price of AED 24M — around AED 3,635 per square foot.
Since April 2026, 4 sales completed in The 118, with the average price per square foot moving from AED 3,458 to AED 3,759 (+8.7%). That upward drift suggests sellers currently hold pricing power here.
Benchmarked against average residential rents in Burj Khalifa, a typical unit in The 118 returns an estimated 3.9% gross rental yield before service charges — a useful starting point for investors comparing towers across Burj Khalifa.
Figures are from Dubai Land Department transaction records for The 118; individual units vary by floor, view and finish. Gross yield is estimated against average Burj Khalifa residential rents, before service charges.
Price trend
Price trend in The 118
Average sale price per sqft by month since April 2026+8.7%
Unit types
Prices by unit type
4 Bed
AED 24M
AED 3,635/sqft
4 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 04 Aug 2026 | Sales | 4 | 6,651 | AED 25M | AED 3,759 |
| 27 Jul 2026 | Sales | 4 | 6,651 | AED 18M | AED 2,707 |
| 01 Jun 2026 | Sales | 4 | 6,651 | AED 31M | AED 4,616 |
| 09 Apr 2026 | Sales | 4 | 6,651 | AED 23M | AED 3,458 |
About the area
The 118 is in Downtown Dubai
Downtown Dubai stands as one of the most distinguished urban communities in the region, appealing to a diverse demographic that includes professionals, expatriates, and families. Developed primarily by Emaar Properties, this vibrant community serves as a central hub for those seeking a lifestyle enriched with cultural and recreational opportunities.
Explore the Downtown Dubai area guideNearby
Other buildings in Burj Khalifa
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Burj Crown
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FAQ
The 118: frequently asked questions
What is the average price in The 118?
The average recorded sale price in The 118, Burj Khalifa is AED 24M, around AED 3,635 per square foot, based on Dubai Land Department transaction data.
Are prices in The 118 going up or down?
Average sale prices in The 118 have risen +8.7% per square foot since April 2026, across 4 DLD-recorded sales.
What rental yield can I expect in The 118?
Based on average Burj Khalifa residential rents against sale prices in the building, a typical unit in The 118 yields roughly 3.9% gross per year, before service charges and fees.
How many properties have sold in The 118?
4 sales have been recorded in The 118 according to DLD data, across approximately 28 units.
Considering The 118?
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