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1-bed · 1,144 sqftThe Matrix, Dubai Sports City · 11th floor · completed 2014

1109, The Matrix

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 700K6 July 2023
Current rentAED 49K /yr3 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1109, The Matrix

What is 1109 worth today?

Last sold for AED 700,000 in 2023

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6 Jul 2023SoldReady
AED 700,000AED 611 per sqft
3 Feb 2023RentedRenewal
AED 48,500/yr12 months · AED 42 per sqft
3 Feb 2022RentedRenewal
AED 48,500/yr12 months · AED 42 per sqft
3 Feb 2021RentedNew contract
AED 48,500/yr12 months · AED 42 per sqft
20 Apr 2018RentedRenewal
AED 80,500/yr12 months · AED 70 per sqft
20 Apr 2017RentedNew contract
AED 80,500/yr12 months · AED 70 per sqft
12 Oct 2015Sold by developerReady
AED 1,713,325AED 1,497 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
1-bed apartment
Size
1,144 sqft
Floor
11th of 31
Parking
B-088
Developer
TFG Real Estate
Completed
2014
Service charge
AED 12,300 /yr
Last sold
AED 700K · July 2023
Building
The Matrix

About 1109, The Matrix

1109 is a one-bedroom apartment of 1,144 sqft on the 11th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 6 July 2023 for AED 700,000, or AED 611 per sqft, 9% below the AED 671 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 3 February 2023, is AED 48,500 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical one-bed in The Matrix
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,732,618; 2012 AED 1,838,519; 2015 AED 1,580,806; 2016 AED 1,431,650; 2017 AED 1,345,311; 2018 AED 1,425,000; 2019 AED 637,000; 2020 AED 530,000; 2021 AED 715,000; 2022 AED 897,391; 2023 AED 700,000; 2024 AED 775,000; 2025 AED 910,000; 2026 AED 800,000Sold by developer, October 2015: AED 1,713,325 (AED 1,497 per sqft)Sold, July 2023: AED 700,000 (AED 611 per sqft)

1109 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1109, each contractTypical one-bed in The Matrix
40K60K80K2014201820222026Typical rent by year: 2014 AED 83,200; 2015 AED 79,000; 2016 AED 77,400; 2017 AED 74,000; 2018 AED 68,654; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 49,250; 2023 AED 52,500; 2024 AED 62,182; 2025 AED 65,000; 2026 AED 65,000New contract, April 2017: AED 80,500 a yearRenewal, April 2018: AED 80,500 a yearNew contract, February 2021: AED 48,500 a yearRenewal, February 2022: AED 48,500 a yearRenewal, February 2023: AED 48,500 a year

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

1-beds in The Matrix, and where 1109 sits

All 163 1-beds →

1109 last sold in July 2023 at AED 611 per sqft, 9% below what one-beds in The Matrix were fetching at the time (AED 671). Over the last 12 months one-beds sold for AED 700,000 to 966,350, around AED 838 per sqft, and rent for AED 52,800 to 95,000 a year. 1109's AED 48,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026800,000
17 Jun 2026700,000
4 May 2026900,000
17 Mar 2026860,000
7 1-bed 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 11th floor

All 377 units in The Matrix
Value
11011-bedAED 1.77M · Oct 2015
11021-bedAED 1.28M · May 2011
1103StudioAED 761K · Jan 2018
1104StudioAED 761K · Apr 2016
1105StudioAED 520K · Apr 2024
11061-bedAED 1.41M · Oct 2013
11071-bedAED 700K · Oct 2023
1–7 of 13

1109, The Matrix in numbers

  • Sold twice: first on 12 October 2015 for AED 1,713,325, last on 6 July 2023 for AED 700,000 (AED 611 per sqft).
  • Rented since April 2017 on 5 Ejari contracts, from AED 80,500 to AED 48,500 a year.
  • At AED 48,500 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 12,300 a year (AED 10.72 per sqft).
  • One-beds in The Matrix sold for AED 700,000–966,350 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.

Source: Dubai Land Department. Updated 6 July 2023.

Questions about 1109, The Matrix

What did unit 1109 last sell for?

AED 700,000 on 6 July 2023: AED 611 per sqft for 1,144 sqft. The unit has 2 registered sales; the first was AED 1,713,325 in October 2015.

What is the rent for unit 1109?

AED 48,500 a year on the contract renewed on 3 February 2023. The previous contract, from February 2022, was AED 48,500; the unit has been rented since April 2017.

How big is unit 1109?

1,144 sqft (106.3 sqm): a one-bedroom apartment on the 11th floor of a 31-storey tower completed in 2014.

What is unit 1109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Matrix sold for AED 700,000 to 966,350 in the last 12 months, around AED 838 per sqft.

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Mortgage on 1109, The Matrix

Starts from the last sale price (AED 700K, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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