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118 Downtown, Downtown DubaiReady

118 Downtown, Downtown Dubai

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HIGHLIGHTS

About 118 Downtown

Home to an exclusive collection of 28 residences and three duplex penthouses, 118 Downtown is a unique residential building in Downtown Dubai where each unit occupies an entire floor. Inspired by the global standard of living gleaned from London, Tokyo, New York and Hong Kong, 118 Downtown by Signature Developers is a forerunner of its type in the region. The meticulous care to interior furnishings, generous spaces and amenities make the tower an iconic space for living.

Being one of the most happening places of Downtown Dubai, Mohammad Bin Rashid Boulevard is dotted with an array of restaurants, cafés and retail outlets. It is a 3.5 km vibrant promenade encircling the residential buildings and attractions of the neighbourhood. With skyscrapers like 118 Downtown and 8 Boulevard Walk, Downtown Dubai is home to the most sought-after residences of the city.

IN A NUTSHELL

  • Located on Mohammad Bin Rashid Boulevard, Downtown Dubai
  • 28 residences in the buildings, each floor has one unit
  • Offers 4 and 6-bedroom apartments and three duplex penthouses
  • Two types of finishing available – Contemporary and Classic
  • Access controlled private elevator
  • 4 meter high floor-to-ceiling windows
  • Parquet and marble flooring in contemporary-themed units
  • Classic-themed units have marble flooring throughout the residence
  • Custom designed kitchen cabinets by SieMatic and appliances by Miele
  • Freestanding bathtub in bathrooms with Koehler fittings and accessories
  • Temperature control panels in all areas
  • Wireless internet connection, telephone and data points throughout the residences
  • Burj Khalifa and The Dubai Mall are located nearby
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BUILDING DETAILS

Facilities in 118 Downtown

Parking

parking in 118 Downtown
Each residence is allotted three parking bays in 118 Downtown

For parking in 118 Downtown, each residence is allotted three parking bays. The CCTV surveillance and restricted access to five podium levels ensure the safety of vehicles. There are 28 rooms assigned to facilitate the chauffeurs while valet parking service gives comfort to visitors to park their car conveniently.

Elevators

The designated residences are equipped with access-controlled elevators in 118 Downtown.

Security, Central Air-Conditioning and Maintenance Services 

For the safety of residents, the apartment building is provided with 24-hour security and CCTV surveillance system. The maintenance staff is also available round-the-clock to facilitate residents.

Event Space

118 Downtown has 20,000 sq. ft. poolside deck and 4,000 sq. ft. rooftop sunset lounge along with a multi-purpose function room that can be used to host events. The poolside deck can accommodate 100 guests at a time, it will be a perfect venue for a casual evening get-together.

Gym and Fitness Facilities 

Fitness enthusiasts will find a state-of-the-art gymnasium in 118 Downtown. The fitness centre also has steam and sauna facilities.

Lifestyle Amenities

The lifestyle amenities at 188 Downtown include 20,000 sq. ft. poolside deck and 4,000 sq. ft. rooftop sunset lounge for private events, quality finishing throughout the residences and temperature-controlled swimming pool.

Concierge and Guest Services 

The staff on reception is available for 24-hours for assistance. The apartment building also has comfortable waiting areas.

Safety Features

118 Downtown has also incorporated safety features which include:

  • Domestic sprinkler systems, smoke detectors and fire alarms are installed throughout the building

The 24-hour CCTV surveillance in parking areas and residences ensure the foolproof security of residents.

118 Downtown Floor Plans 

The residential units in 118 Downtown come in different floor plans and configuration. Here is the floor plan of the apartment building:

  • 4-bedroom apartments in 118 Downtown consist of two different unit types

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing 118 Downtown floor plans.

Apartment Types in 118 Downtown

118 Downtown offers 4 and 6-bedroom apartments and 4-bedroom penthouses. These residential units come in two types of furnishings – classic and contemporary. French beige marble is used in general areas of the classic unit while the kitchen is furnished with Serpeggiante marble. The platinum beige stone and drama white marbles are pervaded over the spaces to give the residential unit a conventional look. The contemporary units have the crema dolce marble floor that is contrasted with dark walnut cabinetry throughout the household while the oak planks are used in the bedroom.

The kitchen, in both types of furnishings, is equipped with premium appliances by Miele, while fittings and accessories for bathrooms are taken from Koehler. The concealed LED lighting fixtures throughout the building is designed by Illuminate. Residents can adjust the temperature of the apartment accordingly through temperature control panels. Other electrical fittings in the apartment include home automation system, telephone, data points and wireless internet connection.

4-Bedroom Apartments in 118 Downtown

4-bedroom apartments in 118 Downtown come in two types of configurations. The average coverage area of these units in 6,600 sq. ft. The master bedroom has en-suite bathroom and dressing room while the other three bedrooms have attached bathrooms and walk-in closet. There is a maid’s room with bathroom, utility, powder room, storeroom and room service in these units. The kitchen opens to a living area from one side and terrace on the other side.

Those looking to rent apartments in 118 Downtown, the rental trends are as follows:

  • The average rent of a 4-bedroom apartment is AED 650k per year
  • Rental range of a 4-bed penthouse in 118 Downtown fluctuates between AED 550k to AED 900k per year

There are two penthouses for rent in 118 Downtown for those who enjoy the opulent lifestyle. Residents must keep in mind that the annual lease of residential units in 118 Downtown is a bit pricey as compared to other Downtown Dubai apartments for rent.

Here is an overview of apartments for sale in 118 Downtown:

  • The sale price of 4-bedroom apartments ranges between AED 19.8M to AED 20M
  • 6-bedroom apartments can be purchased at an average price of AED 50M

Investors are provided with a plethora of options in the parent community, there are several apartments for sale in Downtown Dubai with a minimum price range of AED 440k to AED 1.6M. However, furnished units like in 118 Downtown come with a higher price tag.

Rental Yield in 118 Downtown

Information for rental yield is currently not available on 118 Downtown.

Service Charges in 118 Downtown

General FundPrice (AED/Sq.ft)
Services 4.15
Maintenance 6.64
Hotel Services 2.9
Utilities Services 5.51
Management Services 1.49
Insurance 0.85
Master Community 2.21
Total 23.75
Reserved FundPrice (AED/Sq.ft)
Reserved Fund 1.26
Total 25.01
Additional ServicesPrice (AED/Sq.ft)
Additional Services 10.83
Total 10.83

These are the service charges for 118 Downtown as per the Dubai Land Department. There are many different types of service charges in Dubai, read the Dubai service charges if you are interested in buying a property in Dubai.

*These figures are as of November 2019. Please note that these service charges are subject to change.

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NEARBY AMENITIES

Transportation near 118 Downtown

Bus Station near 118 Downtown

Residents who depend on public transportation near 118 Downtown will find multiple options. The bus stations near 118 Downtown are located at a ten-minute walk, these include Burj View Central Tower Bus Station, South Ridge Tower Bus Station and Empire Heights Tower Bus Stations.

Metro Station near 118 Downtown

Financial Centre Station, Business Bay and Burj Khalifa Dubai Mall Metro Station are the nearest metro stations, located at an 8-minute drive.

Restaurants near 118 Downtown

Popular restaurants near 118 Downtown are:

  • Sargon Restaurant
  • Pergolas
  • Bosporus
  • At.Mosphere
  • Billionaire Mansion & Sumosan
  • Ananta

At.Mosphere is on Level 122 of the world’s tallest building. The restaurant offers high tea, light lunches and fine-dining services with panoramic views of the skyline and Arabian Gulf. It is located at a short drive of 8-minute from 118 Downtown. Billionaire Mansion & Sumosan is another fine-dining restaurant that offers authentic Italian cuisine partnered with Japanese dishes by the award-winning restaurant Sumosan. The restaurant is accessible in an 8-minute drive.

Supermarkets near 118 Downtown

Residents can head to these supermarkets near 118 Downtown for daily grocery shopping:

  • Carrefour
  • Spinneys
  • Zoom

A supermarket near 118 Downtown that is easily accessible is Carrefour in Burj Views. It offers fresh quality products including meat, dairy items, fruits and vegetables. It also provides home delivery services. Located on a 6-minute drive, Spinneys in Emaar Residence is another supermarket nearby. An outlet of ZOOM Supermarket is located on the ground level of Burj Khalifa.

NEARBY BUILDINGS

  • 8 Boulevard Walk
  • Burj Vista
  • Burj Al Nujoom

118 Downtown Dubai is located in proximity to 8 Boulevard Walk, Burjside Boulevard and Burj Al Nujoom. These residential buildings are located a 5 to 10-minute drive away.

Major Landmarks

A few notable landmarks nearby include:

With around 1,300 retail outlets, 200 F&B outlets and popular entertainment spots, The Dubai Mall is ideal for shopping pursuits of the community and visitors. One of the best malls in Dubai, The Dubai Mall features Dubai Aquarium and Underwater Zoo, VR Park, KidZania, Reel Cinemas and an Olympic-sized Dubai Ice Rink. Approximately a million visitors are welcomed at The Dubai Mall annually.

The world’s tallest performing fountain at The Dubai Fountain is another popular tourist attraction nearby. It is set over an area equal to the size of two football pitches. The fountain jets up 22,000 gallons of water as high as 140m in the air.

THINGS TO CONSIDER

Although 118 Downtown offers various amenities to residents, one must consider a few things before moving here. It is surrounded by Dubai’s most sought-after tourist attractions, meaning that the area gets congested during peak season.

Are you looking to buy or rent apartments in 118 Downtown?
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