The 118

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Signature Developers
28
Total Units
28
Sold
AED 23,000,000
Median Price
AED 3,440
Median Price /sqft
Construction progress: 100% (As of Aug-2017)
Start: Feb, 2015Completion: Aug, 2017

The 118 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

4 Beds266,650 sqft - 7,330 sqftAED 24.7M (3,720 /sqft)AED 4,740 /sqft
-21.59
6 Beds211,050 sqft - 11,600 sqftAED 2,810 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
4Apartment6,650 sqft132.59 sqft AED 34,000,000AED 5,113 /sqft 22, Oct 2025
4Apartment6,650 sqft132.57 sqft AED 30,760,000AED 4,626 /sqft 12, Dec 2024
4Apartment6,650 sqft132.59 sqft AED 30,700,000AED 4,617 /sqft 01, Jun 2026
4Apartment6,650 sqft132.59 sqft AED 26,000,000AED 3,910 /sqft 28, Aug 2024
4Apartment6,650 sqft132.59 sqft AED 25,000,000AED 3,759 /sqft 04, Aug 2026
4Apartment6,650 sqft132.59 sqft AED 24,740,000AED 3,720 /sqft 31, Oct 2025
4Apartment6,650 sqft132.59 sqft AED 24,700,000AED 3,714 /sqft 01, Mar 2024
4Apartment7,333 sqft189.18 sqft AED 24,475,000AED 3,338 /sqft 31, Oct 2025
4Apartment6,650 sqft132.59 sqft AED 24,000,000AED 3,609 /sqft 30, Oct 2023
4Apartment6,650 sqft132.59 sqft AED 24,000,000AED 3,609 /sqft 15, Jan 2024
4Apartment6,650 sqft132.59 sqft AED 23,500,000AED 3,534 /sqft 04, Jul 2024
4Apartment6,650 sqft132.59 sqft AED 23,000,000AED 3,459 /sqft 29, May 2023
4Apartment6,650 sqft132.59 sqft AED 23,000,000AED 3,459 /sqft 09, Apr 2026
4Apartment6,650 sqft132.59 sqft AED 22,900,000AED 3,444 /sqft 23, May 2022
4Apartment6,650 sqft132.59 sqft AED 22,000,000AED 3,308 /sqft 27, Jan 2023

The 118 Real Estate Data – FAQ

  • What is the current property supply in The 118?

    The 118 has a total residential supply of approximately 2 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in The 118?

    The 118 recorded 7 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in The 118?

    The median transaction price in The 118 is AED 3,720 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in The 118?

    The gross rental yield in The 118 is approximately 4%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in The 118?

    Property prices in The 118 have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in The 118?

    There are currently 0 active off-plan projects in The 118, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in The 118?

    The total off-plan pipeline in The 118 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is The 118 a good area for property investment?

    The 118 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In The 118, this is %, indicating relatively strong income performance compared to global markets.

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