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.

Recorded rents and gross yield for 118 Downtown

Median sale price
AED 25M
20 sales · the last three years
Median per sq ft
AED 3,661
+10.7% on the year before
Last recorded sale
August 2026
Registered at the DLD
Sales on record
44
Since 2015

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

3,111
3,377
2,895
3,580
3,376
3,308
3,714
3,740
3,609
201520162017202120222023202420252026

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.

LayoutTypical sizeMedian pricePer sq ftSales
4 B/R6,650 sqft24,237,5003,60918

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.

DateLayoutSizePricePer sq ft
4 Aug 20264 B/R6,65025,000,0003,759
28 Jul 20264 B/R6,65018,000,0002,707
2 Jun 20264 B/R6,65030,700,0004,616
9 Apr 20264 B/R6,65023,000,0003,458
31 Oct 20254 B/R6,65024,740,0003,720
31 Oct 20254 B/R7,33324,475,0003,338
22 Oct 20254 B/R6,65034,000,0005,112
24 Jul 20254 B/R2,1957,425,0003,383
9 Apr 20256 B/R11,59865,000,0005,604
20 Feb 20254 B/R6,65025,000,0003,759
12 Dec 20244 B/R6,65030,760,0004,626
28 Aug 20244 B/R6,65026,000,0003,909

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

10
1
1
2
4
9
7
6
4
201520162017202120222023202420252026

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 these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.

We are not marketing anything in 118 Downtown today, but we know it and we hear about homes before they list. Tell us what you are after.