Autumn 2014

Real Estate & Property
Go with the floor

Exclusive full-floor residences in an “exceptional” building in Dubai’s elite Downtown district, which is being designed, built and fitted by some of the best names in the business, are on offer to discerning investors by a UAE developer. 

The most esteemed new addition to the city’s residential market is The 118 residences, says Dubai-based Signature Estates, pointing out that Downtown Dubai remains “the ultimate area for the elite in the fast evolving city and is known as the most prestigious square kilometre of real estate in the world”.

Nestled in the heart of Downtown, The 118 is built on an exceptional monolithic platform that stands 14 storeys high. 

Boasting impressive living spaces of 6,600 sq ft and almost twice that area at 12,000 sq ft for a duplex, the residences come at a price tag of Dh24 million ($6.53 million) and upwards.

The 118 will set the bar as the ultimate residential address for only a discerning few with its unique collection of 27 spacious, full-floor unfurnished residences,” says a company spokesman. “Intelligently designed to optimise space, the residences were created inside-out with the floor plans and layouts developed first and the exterior shell created later, resulting in the ultimate, customised haven.”

Residents can choose between two styles of residences: The Signature Classic Residence, which features soft, fluid designs and a warm colour palette, or The Signature Contemporary Residence boasting bedrooms finished in modern parquet surfaces and sleek lighting. Both types of residences boast impeccable finishing made to evoke a sense of warmth and comfort. 

To ensure The 118’s unrivalled offerings, Signature Estates has partnered up with some of the world’s foremost authorities in their respective fields, from conceptualisation to execution. 

The interior design is spearheaded by Hirsh Bedner Associates, a firm favourite of the world’s most discerning design enthusiasts while Archgroup Consultants will execute the architectural and structural work for the property. 

Signature Estates is working on the development alongside Al Basti & Muktha, ranked amongst the top engineering and construction firms in the region. In addition to building strong allegiances with Cracknell, one of the largest landscape and urban design practices worldwide, Signature Estates is also working in conjunction with Illuminate Lighting Design to enhance and define space. 

Lastly, to ensure that the finished product is best represented, in the most befittingly professional manner, Dubai Sotheby’s International Realty, a market leader in luxury real estate sales experience, has been appointed with an exclusive sales mandate for The 118 ensuring its prestigious location on the real estate map.


Each of the residences are designed as a space to “be yourself” and designed to encompass four bedrooms and accommodate the personal preferences of each individual owner. The multi-storeyed lobby welcomes residents with a specially designed, suspended, two-storey glass sculpture featuring fluid lines and abstract forms that are complemented by warm lighting giving a distinct combination of chic elegance, leading to the heart of the residences through corridors laid with high-quality Italian marble custom designed for the prestigious residence. 

Each home is designed with massive 4-m-high ceilings with trackless French windows that frame the rooms offering rare, unparalleled 360-degree views of Downtown, bathing it in an abundance of natural light during the daytime and glittering city lights after sunset. These trackless panes lead out to the sky terraces, ensuring a seamless ‘indoor to outdoor’ transition, completing the full experience of unified luxury.

A private haven away from the world, the residences offer a sanctuary in your own home. Immersing each resident in luxury with complete freestanding bathtubs, full-length mirrors and high-end innovative fixtures by American giant Kohler, the bathrooms and powder rooms at The 118 are designed to be unique, pampering retreats that offer fabulous indulgences. The kitchens, themed according to the Signature Classic Residence or Signature Contemporary Residence, offer designs by SieMatic and are a dream for both aspiring and accomplished chefs alike. The appliances by Miele, superior cabinetry and innovative spatial aesthetics seamlessly combine to create luxury kitchens of the future. 

Bringing extra personalised touches of refinery to each resident, a highly skilled concierge oversees visitor entry, maintains security and caters to the every whim of each and every resident. The concierge is supported by the hospitable doormen and valets to ensure that guest convenience is synonymous across all staff members. The building also comes with a maintenance crew to be on-hand to attend to every need. 

Each residence will be allocated with three oversized parking spaces and ‘chauffeur accommodation’ for each apartment. In addition to convenient lodging for staff, the private amenities of each resident leave nothing further to be desired. 

Luxuriously furnished, The 118 boasts state-of-the-art technology with a temperature controlled swimming pool, an on-site fitness centre, private rooms for beauty treatments and spacious steam and sauna rooms. In addition to these premium facilities, residents get full access to an array of private dining and event spaces such as the poolside deck sprawling an immense 20,000 sq ft, accommodating up to 100 guests, or a more intimate rooftop venue spreading over 4,000 sq ft.

Construction on the project has started with the building due for completion in June 2016.

A joint venture between the Regal Group and Lals Group, Signature Estates’ mandate is to build homes that speak to the discerning of society and remain a statement of excellence and The 118 is testament to the ambition of its builders whilst personifying the lifestyle and the innermost desires of their clients into their properties.  

Founded in 1976, the Sotheby’s International Realty network connects the finest independent real estate companies to the most prestigious clientele in the world. 

Sotheby’s International Realty Affiliates is a subsidiary of Realogy Holdings, which has a long-term alliance with Sotheby’s, the operator of the auction house, for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Sotheby’s International Realty Affiliates supports its affiliates with a host of resources, with franchise affiliates also benefiting from an association with the venerable Sotheby’s auction house, established in 1744. 

In October this year, Sotheby’s International Realty Affiliates entered a 25-year master franchise agreement with High End Real Estate throughout the UAE to open its first office, Dubai Sotheby’s International Realty. The office, which opened in November, serves the needs of both local and international individuals with a team focusing on projects and developments.

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