What tenants actually pay in THE 118
Listings show asking rents. These are the registered Ejari contracts — what tenants in this building actually signed for. Check an asking rent against them, or estimate how much of an increase Dubai's rent decree would permit at your renewal.
Median of all registered contracts registered here in the last 12 months: AED 200万 / year, from 5 contracts.
Rent vs buy, in registered numbers
Prefilled with this building's registered medians — edit either figure to match an actual unit. Educational arithmetic, not financial advice.
- Gross yield
- 8.1%
- a year of rent as a share of the price, before service charges and voids
- Price-to-rent
- 12.4 years
- of this rent to add up to the purchase price
- Cost to change your mind
- ≈ AED 173.2万
- one-off buying costs (≈7%: DLD fee, agency, trustee) — the price must rise this much before an exit breaks even
Latest registered contracts
| Start date | Type | Annual rent | Size |
|---|---|---|---|
| 1 Sep 2026 | Flat | AED 320万 | 6,650 ft² |
| 1 Sep 2026 | Flat | AED 130万 | 6,650 ft² |
| 8 Feb 2026 | Flat | AED 135万 | 6,650 ft² |
| 1 Oct 2025 | Flat | AED 200万 | 6,650 ft² |
| 1 Oct 2025 | Flat | AED 200万 | 6,650 ft² |
| 29 Aug 2025 | Flat | AED 50万 | 6,650 ft² |
| 28 Jul 2025 | Flat | AED 146.7万 | 6,650 ft² |
| 1 Apr 2025 | Flat | AED 202.5万 | 6,650 ft² |
| 1 Feb 2025 | Flat | AED 150万 | 6,650 ft² |
| 1 Jan 2025 | Flat | AED 450万 | 6,650 ft² |
What this is — and is not
Every figure comes from registered Ejari contracts attributed to this building. Registered rents mix new leases with renewals — renewals are capped by decree, so the blend can sit below what a brand-new lease goes for. The renewal estimate anchors “average market rent” on this building's median, while the legally binding number comes from RERA's own rental index. Use this as negotiation evidence, not a legal determination.