1103, The Matrix
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1103, The Matrix
What is 1103 worth today?
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Source: Dubai Land Department. Updated 26 December 2022.
Key facts
- Type
- Studio apartment
- Size
- 605 sqft
- Floor
- 11th of 31
- Parking
- B-082
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 761K · January 2018
- Building
- The Matrix
About 1103, The Matrix
1103 is a studio of 605 sqft on the 11th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 14 January 2018 for AED 760,851, or AED 1,258 per sqft, 16% below the AED 1,492 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 26 December 2022, is AED 40,000 a year: a gross yield of 5.3% on the 2018 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1103 over time
1103 has sold once; the dashed line is the studio median of each year in the building.
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 1103 sits
All 204 studios →1103 last sold in January 2018 at AED 1,258 per sqft, 16% below what studios in The Matrix were fetching at the time (AED 1,492). 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. 1103's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 599 sqft | 580,000 | 968 | ||
| 29 Sep 202629 September 2026 | 606 sqft | 550,000 | 906 | ||
| 15 Sep 202615 September 2026 | 611 sqft | 605,571 | 990 | ||
| 14 Sep 202614 September 2026 | 600 sqft | 1,125,000 | 1,875 |
The Matrix
Building377 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%
Other units on the 11th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 917 sqft | AED 1.77MAED 1,768,300 · Oct 2015October 2015 | ||
| 1102 | 1-bed | 1,277 sqft | AED 1.28MAED 1,280,000 · May 2011May 2011 | 75,000 /yr | |
| 1104 | Studio | 599 sqft | AED 761KAED 760,851 · Apr 2016April 2016 | 58,000 /yr | |
| 1105 | Studio | 593 sqft | AED 520KAED 520,000 · Apr 2024April 2024 | 52,000 /yr | |
| 1106 | 1-bed | 1,134 sqft | AED 1.41MAED 1,411,025 · Oct 2013October 2013 | 64,000 /yr | |
| 1107 | 1-bed | 860 sqft | AED 700KAED 700,000 · Oct 2023October 2023 | 66,000 /yr | |
| 1108 | 1-bed | 940 sqft | AED 940KAED 940,000 · Dec 2021December 2021 | 60,000 /yr | |
| 1109 | 1-bed | 1,144 sqft | AED 700KAED 700,000 · Jul 2023July 2023 | 48,500 /yr | |
| 1110 | Studio | 612 sqft | AED 593KAED 593,262 · Jun 2017June 2017 | 48,000 /yr | |
| 1111 | Studio | 603 sqft | AED 1.3MAED 1,303,486 · Oct 2015October 2015 | 52,000 /yr | |
| 1112 | Studio | 594 sqft | AED 576KAED 575,850 · Jun 2017June 2017 | 58,000 /yr | |
| 1113 | Studio | 727 sqft | AED 1.34MAED 1,341,625 · Oct 2015October 2015 | 32,550 /yr | |
| 1114 | Studio | 585 sqft | AED 604KAED 604,026 · Feb 2025February 2025 | 40,022 /yr |
1103, The Matrix in numbers
- Sold once: by TFG Real Estate on 14 January 2018 for AED 760,851, or AED 1,258 per sqft.
- Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2022 and recovered to AED 40,000 by December 2022.
- At AED 40,000 a year the gross yield on the 2018 price is 5.3%, before a service charge of about AED 6,500 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 26 December 2022.
Questions about 1103, The Matrix
What did unit 1103 last sell for?
AED 760,851 on 14 January 2018, sold by the developer: AED 1,258 per sqft for 605 sqft. It is the only registered sale of the unit.
What is the rent for unit 1103?
AED 40,000 a year on the contract signed on 26 December 2022. The previous contract, from January 2022, was AED 30,000; the unit has been rented since June 2018.
How big is unit 1103?
605 sqft (56.2 sqm): a studio on the 11th floor of a 31-storey tower completed in 2014.
What is unit 1103 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 1103, The Matrix
Starts from the last sale price (AED 761K, 14 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 760,851
- Deposit, UAE resident (20%)
- AED 152,170
- Deposit, non-resident (40%)
- AED 304,340
- Monthly over 25 years at 3.7%
- AED 3,113
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →