The 118
ذا 118SIGNATURE D T REAL ESTATE DEVELOPMENT · Home sales since 2015 · mostly resales in the 12 months to 4 Aug 2026
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 28 units · 1 building · DLD target completion April 2016
Registered developer: SIGNATURE D T REAL ESTATE DEVELOPMENT (DLD no. 1061)
Master developer: Emaar Properties (P.J.S.C) (DLD no. 555)
Escrow account with Commercial Bank of Dubai · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under DownTown Dubai
Typical yearly rent of AED 140,000 across 9,366 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near The 118, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
1 sale: AED 3,759/sqft
Aug 2026 · 1 home sale
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Too few resales for a comparison. Resale price per sqft: 1 sale: AED 3,278/sqft · Jul 2023 against 1 sale: AED 3,759/sqft · Aug 2026.
28 months
Recorded home resales here fall in 28 months, Nov 2017 to Aug 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in The 118 — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in The 118 over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in The 118 itself. The rest are homes of the same size in Downtown Dubai, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| 4 beds | AED 24.74M | AED 1,275,000/yrsame size in Downtown Dubai · 8 new lets | 5.2% | 7 |
Reserve fund: AED 2.9/sqft of the AED 37.9/sqft recorded for 2026.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about The 118
Is The 118 selling off-plan or as resales?
0% of the 7 home sales recorded in The 118 in the 12 months to 4 Aug 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did The 118 start selling?
The Land Department's register holds 44 home sales in The 118. The earliest was recorded in Aug 2015 and the newest in Aug 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Downtown Dubai typical price
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Too few sales for a comparison. Aug 2026: here 1 sale: AED 3,759/sqft against Downtown Dubai AED 2,576/sqft · 140 sales.
Developer track record
284 recorded sales
Matched to SIGNATURE D T REAL ESTATE DEVELOPMENT, across the 4 companies Keyva groups under that name, Jun 2008 to 5 Oct 2026.
2 completed · 2 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Moderate competitionWhen The 118 handed over in April 2016, 3 other projects in Downtown Dubai had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 16 other projects in Downtown Dubai as not yet finished. None of the 3 listed below is among them.
Mon Reve
CREDO INVESTMENTS F Z E
Upper Crest
DAMAC DEVELOPMENT(L L C)
The Distinction
DAMAC DEVELOPMENT(L L C)
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
1.5 km
Burj Khalifa / Dubai Mall
2.1 km
Canadian University Dubai
774 m
Mediclinic
233 m
Carrefour Express
Metro stations
- Burj Khalifa / Dubai Mall1.5 km
- Financial Centre2.1 km
- Business Bay2.1 km
- Emirates Towers2.7 km
Schools
- Canadian University Dubai2.1 km
- GEMS Wellington Primary School2.3 km
- Salma al Ansaria School2.3 km
- Hartland International School2.7 km
Hospitals & clinics
- Mediclinic774 m
- BIOS CLINIC994 m
- Nexx Home Healthcare Services2.4 km
Supermarkets
- Carrefour Express233 m
- Booba525 m
- Spinneys790 m
- Spinneys866 m
Bus stops
- Burj View Central Tower 2188 m
- Burj View Central Tower 1196 m
- Empire Heights Towers 1391 m
- Empire Heights Towers 2443 m
Pharmacies
- Supercare Pharmacy197 m
- Life Pharmacy1.3 km
- Life Pharmacy1.3 km
- Life Pharmacy1.3 km
Malls
- Business Time Centre1.5 km
- Bay Avenue Mall1.6 km
- Mazaya Shopping Centre1.8 km
- The Gate Avenue2.0 km
Parks
- Bayside Park 5519 m
- Bayside Park 8813 m
- Burj Park820 m
- Bayside Park 8945 m
Mosques
- Shaikha Abdulla Salem64 m
- Masjid Al Ghafoor945 m
- Burj Daman Masjid2.0 km
- Al Safa Mosque2.2 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Downtown Dubai
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Binghatti
Jun 2026 · 7 home sales
Emaar Development P.J.S.C.
Sep 2026 · 10 home sales
Emaar Properties (P.J.S.C)
Sep 2026 · 8 home sales
Ginco Properties L.L.C
Apr 2026 · 7 home sales
Emaar Development P.J.S.C.
Sep 2026 · 6 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in The 118?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.