118 Downtown is a luxurious residential building in Downtown Dubai’s heart. The tower features an impressive mix of 4-6 bedroom apartments and penthouses, each occupying an entire floor. Signature Developers Limited, an award-winning Dubai-based development company that specializes in delivering luxury residences, owns the building.
The 118 Downtown Tower is one of the rare developments that offers a whole floor for each of its units in Downtown Dubai. The building is located near 8 Boulevard Walk, Burnside Boulevard, and Burj Al Nujoom, making it ideal for those who want to live in the heart of Dubai’s bustling city center.
Overview of 118 Downtown
118 Downtown is a luxurious residential tower in the heart of Downtown Dubai, developed by Signature Developers. The building stands 44 stories tall and offers a collection of 28 luxurious full-floor residences, including 4- —to 6-bedroom apartments and penthouses. With its contemporary design, world-class amenities, and prime location, the tower redefines luxury living.
Location and Connectivity
118 Downtown is on the prestigious Mohammad Bin Rashid Boulevard, near the iconic Burj Khalifa and the Dubai Fountain. The tower offers easy access to Business Bay, Dubai Mall, Sheikh Zayed Road, and DIFC. The nearest metro station is Business Bay, just a short drive away.
The 118 by Signature Developers
The 118 by Signature Developers is a masterpiece in luxury living. The tower features a 6-star premium entrance lobby, private elevators, and world-class amenities, including a temperature-controlled swimming pool, a state-of-the-art gymnasium, and a spa.
Residences and Floor Plans
Apartment Types and Sizes
118 Downtown offers an exclusive collection of 28 residences and three duplex penthouses in Downtown Dubai. Each unit occupies an entire floor, providing residents ample space and privacy. The apartments are available in 4- and 6-bedroom configurations of different sizes, and the duplex penthouses offer an opulent lifestyle with all the space any average apartment would not be able to offer.
The classic apartments in the building are available in 4-bedroom and 6-bedroom floor plans, each with its own floor. The 4-bedroom apartments offer sizes ranging from 4,500 to 5,000 square feet, while the 6-bedroom apartments range from 6,200 to 6,800 square feet. The duplex penthouses provide sizes ranging from 11,500 to 14,000 square feet.
Interior Design and Quality
The apartments in 118 Downtown offer a luxurious living experience with high-quality finishes and smart home technology. The units feature marble flooring, top-of-the-line appliances, and custom-designed kitchens. The interiors provide a modern, sophisticated look, with attention to detail and quality craftsmanship.
The units have smart home technology that allows residents to control the apartment’s lighting, temperature, and other features from their smartphone or tablet.
Amenities and Services
Leisure Facilities
The 118 Downtown offers a range of leisure facilities that cater to residents’ needs. The temperature-controlled outdoor swimming pool is perfect for those who want to dip and relax under the sun. The fitness center has state-of-the-art equipment, making it ideal for residents to work out and stay fit. The sauna and steam room facilities are also available for those who want to unwind and relax after a long day.
Convenience and Security
The 118 Downtown provides services to ensure residents have a comfortable and secure living experience. A valet parking service is also provided to ensure residents’ vehicles are parked safely and securely.
The building has 24-hour security and a maintenance crew to ensure that it is always in top condition. The private elevator ensures that residents have quick and easy access to their homes. Parking is also available for residents who own cars.
Lifestyle and Recreation
Dining and Entertainment
The 118 Downtown offers residents a range of dining and entertainment options that cater to their tastes and preferences. The building features several restaurants and cafés serving various cuisines, including local and international dishes. The lounge area is also ideal for private events and social gatherings.
Social Spaces
The shared courtyard is a perfect place to socialize with neighbors and friends. The courtyard features a poolside deck, a lounge area, and a rooftop sunset lounge. Residents can enjoy the poolside garden and patio, which are ideal for large and elegant soirees. The building also features a supermarket offering various products and services. The 118 Downtown is ideal for those who want to live an active and social lifestyle.
Investment Information
Price and Payment Options
118 Downtown is a high-end residential building in Downtown Dubai that offers luxurious apartments and penthouses. The payment plan for these properties is flexible and can be customized according to the buyer’s preferences.
Rental Market Insights
Investing in 118 Downtown can be lucrative for those looking to enter the rental market. The rent for a four-bedroom apartment in 118 Downtown is AED 2,500,000 per year, and the rental yield for properties in this building is 0.00%.
Here are some key points to keep in mind when considering investing in 118 Downtown:
- The price of properties for sale in 118 Downtown is AED 27,050,000.
- The payment plan for properties in this building is flexible.
- The rent for a four-bedroom apartment in 118 Downtown is AED 2,500,000 per year.
- The rental yield for properties in this building is 0.00%.
Property Management
Service Charges and Maintenance
The 118 Downtown is renowned for its exceptional property management services, including a dedicated maintenance crew available to attend to any issues. The service charges are reasonable and cover the cost of maintaining the building’s facilities, including the swimming pool, gym, and common areas. The management team ensures that all maintenance requests are attended to promptly and all work is carried out to the highest standards.
Handover Process and After-Sales Support
The handover process at 118 Downtown is seamless and hassle-free. The team ensures that all documentation is in order and the handover process is completed efficiently.
After-sales support is also available to residents, and the management team is always available to assist with any queries or issues.
Transportation and Access
Public Transit Options
118 Downtown Dubai is near major transportation hubs. The tower is just a short drive away from Sheikh Zayed Road, one of Dubai’s main highways. Several bus stops are also located in the area, providing access to public transit options.
Vehicle and Pedestrian Access
Several parking options are available for those who prefer to drive or walk. The tower provides ample parking for residents, with each residence allotted three parking bays. Several parking options are available near the building, including the Dubai Mall P3 parking lot, just 260 meters away. The tower is also easily accessible by foot, with several pedestrian walkways.
In addition, the tower is equipped with access-controlled elevators, ensuring that residents have a safe and secure mode of transportation within the building. The tower also provides a valet parking service, giving visitors the convenience of parking their car without having to worry about finding a spot.
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Frequently Asked Questions
What are the rental rates for apartments in 118 Downtown?
The rental rates for apartments in 118 Downtown depend on the size of the unit and the amenities offered. According to the available data, the rental rates for a 4-bedroom apartment range from AED 450,000 to AED 550,000 per year.
How do the residents review their living experience in 118 Downtown?
Based on the reviews of the residents, they are delighted with their living experience in 118 Downtown. They appreciate the luxurious amenities, the stunning views, and the prime location in the heart of Downtown Dubai.
What is the range for purchasing a property in 118 Downtown?
The price for purchasing a property in 118 Downtown varies depending on the size and type of the unit. According to the available data, the price range for a 4-bedroom apartment is between AED 14 million to AED 18 million.
Can you provide the floor plans for 118 Downtown residences?
Yes, the floor plans for 118 Downtown residences are available on their official website. The plans provide detailed information about each unit’s layout, size, and design.
Are any penthouses available in Downtown Dubai, and how do they compare to 118 Residences?
Yes, there are penthouses in Downtown Dubai, but the 118 Residences offer some of the area’s most luxurious and spacious penthouses. The 6-bedroom penthouses in 118 Downtown range from 12,000 sqft to 12,000 sqft and provide stunning views.
What are the amenities at 118 Downtown?
118 Downtown offers a wide range of luxurious amenities to its residents, including:
- A 20,000 sqft poolside garden and deck
- A fitness center with steam facilities
- A multi-purpose room for any event
- A 4,000 sqft sunset lounge on the rooftop for private functions
- Round-the-clock maintenance crew
- Concierge service
- Extensive terraces
- Maid/driver room
