118 Downtown
What people actually paid in 118 Downtown: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
44 sales are on record at the Dubai Land Department, below.
Your agent in Downtown Dubai
Sales
Buying in 118 Downtown? James can walk you through what these numbers mean for you.
James is marketing 26 homes for sale in Downtown Dubai right now.
- Community
- Downtown Dubai
- Nearest metro
- Burj Khalifa/Dubai Mall Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2022 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2015 — an off-plan sale
- Sales on record
- 44 — registered at the Dubai Land Department, the latest August 2026
- Off-plan share
- 25% — 11 bought off-plan from the developer, 33 resales of a completed home
Recorded rents and gross yield for 118 Downtown →
How 118 Downtown compares — every tower in Downtown Dubai, ranked by recorded price →
Living in Downtown Dubai — the area guide →
What a mortgage on a home in 118 Downtown costs a month — and the cash you need on the day →
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 | 24,475,000 | 24,047,059 | 3,609 | 17 |
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 19 Oct 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 | 29 | 1.0× |
| 2 | Burj Crown | 14 | 1.1× |
| 3 | Imperial Avenue | 13 | 1.0× |
| 4 | Forte 1 | 12 | 1.0× |
| 5 | Burj Royale | 11 | 1.6× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 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.
Nearby
What else to look at in Downtown Dubai
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Inaura Hotels & Residencesnewest | 35 | 2026 | 4,989 |
| Binghatti Skybladenewest | 565 | 2025 | 3,909 |
| IL Primo | 220 | 2016 | 3,844 |
| The Residence | Burj Khalifa | 39 | 2022 | 3,432 |
| The Address Residences Dubai Opera Tower 1 | 786 | 2016 | 3,357 |
| Fairmont Residences Solara Tower | 164 | 2024 | 3,327 |
| Rove Home Downtown | 378 | 2023 | 3,252 |
| Opera Grand | 450 | 2014 | 3,170 |
| The Address Residences Dubai Opera Tower 2 | 706 | 2016 | 3,086 |
| Rixos Financial Center Road Dubai Residences | 237 | 2024 | 3,075 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in 118 Downtown? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.