THE 118, Downtown Dubai: rental yield, prices & rents
In the 24 months to 5 October 2026, DLD registered 10 sales and 12 rent contracts in THE 118, Downtown Dubai. A 4-bed apartment sold for a median AED 24.87M and rented for AED 1.48M a year: a gross yield of 6.0%. The Downtown Dubai median for the same home type is 4.7% (last 12 months).
See every THE 118 sale and rental in the explorer →
Prices and yields by home type
Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.
| Home type | Median price | AED / sq ft | Gross yield | Sales |
|---|---|---|---|---|
| 4-bed apartment | AED 24.87M | 3,740 | 6.0% | 10 |
Rent guide: what tenants pay in THE 118
The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.
| Home type | Typical rent / year | Per month | Most pay | New lease | Renewal | Contracts |
|---|---|---|---|---|---|---|
| 4-bed apartment | AED 1.48M | AED 124K | AED 1.29M – AED 2.01M | AED 1.47M | AED 2.00M | 12 |
More in Downtown Dubai
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Quick answers
What is the rental yield in THE 118?
The median gross rental yield for a 4-bed apartment in THE 118, Downtown Dubai is 6.0%, based on DLD records for the 24 months to 5 October 2026.
How much does a 4-bed apartment in THE 118 cost?
The median sale price was AED 24.87M (AED 3,740 per sq ft) in the 24 months to 5 October 2026.