Building · Downtown Dubai
Properties for sale in 118 Downtown
Nothing for sale here with McCone right now — 44 sales are on record at the Dubai Land Department, below.
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2017 at AED 2,895 a square foot, and it has recovered 25% since. It is still 4% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 4 B/R | 6,650 sqft | 24,237,500 | 23,850,000 | 3,609 | 18 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in 118 Downtown
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 4 Aug 2026 | 4 B/R | 6,650 | 25,000,000 | 3,759 |
| 28 Jul 2026 | 4 B/R | 6,650 | 18,000,000 | 2,707 |
| 2 Jun 2026 | 4 B/R | 6,650 | 30,700,000 | 4,616 |
| 9 Apr 2026 | 4 B/R | 6,650 | 23,000,000 | 3,458 |
| 31 Oct 2025 | 4 B/R | 6,650 | 24,740,000 | 3,720 |
| 31 Oct 2025 | 4 B/R | 7,333 | 24,475,000 | 3,338 |
| 22 Oct 2025 | 4 B/R | 6,650 | 34,000,000 | 5,112 |
| 24 Jul 2025 | 4 B/R | 2,195 | 7,425,000 | 3,383 |
| 9 Apr 2025 | 6 B/R | 11,598 | 65,000,000 | 5,604 |
| 20 Feb 2025 | 4 B/R | 6,650 | 25,000,000 | 3,759 |
| 12 Dec 2024 | 4 B/R | 6,650 | 30,760,000 | 4,626 |
| 28 Aug 2024 | 4 B/R | 6,650 | 26,000,000 | 3,909 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 44 sales on record, 11 were bought off-plan from the developer and 33 were resales of a finished home. The changeover in 2022 is the handover. The 2026 bar is part-year.
Where the market is moving
The busiest buildings in Downtown Dubai
118 Downtown sold 2 completed homes in the ninety days to 3 Sept 2026, below the five-sale floor to rank. These are the five busiest buildings in Downtown Dubai.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Burj Khalifa | 28 | 1.0× |
| 2 | Imperial Avenue | 17 | 1.5× |
| 3 | Burj Crown | 13 | 1.1× |
| 4 | Boulevard Point | 10 | 0.9× |
| 5 | Burj Royale | 10 | 1.3× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 3 Sept 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Downtown Dubai, with pace against each building’s own year before.