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Studio · 592 sqftThe Matrix, Dubai Sports City · 10th floor · completed 2014

1005, The Matrix

Sold prices and rental history: sold once, by the developer in September 2017, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 30 August 2018
Last soldAED 1.41M10 September 2017
Current rentAED 48K /yr30 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1005, The Matrix

What is 1005 worth today?

Last sold for AED 1,407,360 in 2017

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30 Aug 2018RentedNew contract
AED 48,000/yr12 months · AED 81 per sqft
10 Sep 2017Sold by developerReady
AED 1,407,360AED 2,376 per sqft
16 Jun 2017RentedRenewal
AED 51,800/yr12 months · AED 87 per sqft
16 Jun 2016RentedNew contract
AED 51,800/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 30 August 2018.

Key facts

Type
Studio apartment
Size
592 sqft
Floor
10th of 31
Parking
B-070
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 1.41M · September 2017
Building
The Matrix

About 1005, The Matrix

1005 is a studio of 592 sqft on the 10th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 10 September 2017 for AED 1,407,360, or AED 2,376 per sqft, 53% above the AED 1,556 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 30 August 2018, is AED 48,000 a year: a gross yield of 3.4% on the 2017 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical studio in The Matrix
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 883,408; 2015 AED 1,025,000; 2016 AED 950,293; 2017 AED 856,242; 2018 AED 975,000; 2019 AED 500,000; 2020 AED 997,500; 2021 AED 400,000; 2022 AED 500,000; 2023 AED 502,658; 2024 AED 555,814; 2025 AED 666,500; 2026 AED 625,000Sold by developer, September 2017: AED 1,407,360 (AED 2,376 per sqft)

1005 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1005, each contractTypical studio in The Matrix
40K60K2014201820222026Typical rent by year: 2014 AED 57,000; 2015 AED 53,850; 2016 AED 53,700; 2017 AED 49,000; 2018 AED 48,000; 2019 AED 46,000; 2020 AED 35,000; 2021 AED 31,000; 2022 AED 32,550; 2023 AED 35,800; 2024 AED 44,000; 2025 AED 50,000; 2026 AED 50,000New contract, June 2016: AED 51,800 a yearRenewal, June 2017: AED 51,800 a yearNew contract, August 2018: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Matrix, and where 1005 sits

All 204 studios →

1005 last sold in September 2017 at AED 2,376 per sqft, 53% above what studios in The Matrix were fetching at the time (AED 1,556). Over the last 12 months studios sold for AED 522,629 to 1,125,000, around AED 1,031 per sqft, and rent for AED 20,000 to 62,000 a year. 1005's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2026580,000
29 Sep 2026550,000
15 Sep 2026605,571
14 Sep 20261,125,000
20 studio sales in the last 12 months

The Matrix

Building

377 apartments, studios to 3-bed over 31 floors in Dubai Sports City, completed in 2014 by TFG Real Estate. 27 sold in the last 12 months.

Typical price per sqft
AED 968 Up 4.1%
Typical sale
AED 665K
Typical rent
AED 55K /yr
Typical yield
7.5%
The Matrix, Dubai Sports City: prices, sales and rents →

Other units on the 10th floor

All 377 units in The Matrix
Value
10011-bedAED 1.1M · Oct 2015
10021-bedAED 1.02M · Sep 2025
1003StudioAED 761K · Oct 2015
1004StudioAED 500K · Nov 2022
10061-bedAED 2.31M · Jan 2018
10071-bedAED 800K · Jul 2018
10081-bedAED 800K · Nov 2025
1–7 of 13

1005, The Matrix in numbers

  • Sold once: by TFG Real Estate on 10 September 2017 for AED 1,407,360, or AED 2,376 per sqft.
  • Rented since June 2016 on 3 Ejari contracts, from AED 51,800 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 3.4%, before a service charge of about AED 6,300 a year (AED 10.72 per sqft).
  • Studios in The Matrix sold for AED 522,629–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.

Source: Dubai Land Department. Updated 30 August 2018.

Questions about 1005, The Matrix

What did unit 1005 last sell for?

AED 1,407,360 on 10 September 2017, sold by the developer: AED 2,376 per sqft for 592 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 48,000 a year on the contract signed on 30 August 2018. The previous contract, from June 2017, was AED 51,800; the unit has been rented since June 2016.

How big is unit 1005?

592 sqft (55.0 sqm): a studio on the 10th floor of a 31-storey tower completed in 2014.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Matrix sold for AED 522,629 to 1,125,000 in the last 12 months, around AED 1,031 per sqft.

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Mortgage on 1005, The Matrix

Starts from the last sale price (AED 1.41M, 10 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,407,360
Deposit, UAE resident (20%)
AED 281,472
Deposit, non-resident (40%)
AED 562,944
Monthly over 25 years at 3.7%
AED 5,758

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →