Studio · 727 sqftThe Matrix, Dubai Sports City · 11th floor · completed 2014

1113, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1113 · DLD and Ejari recordsUpdated 30 June 2023
Last soldAED 1.34M25 October 2015
Current rentAED 33K /yr30 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1113, The Matrix

What is 1113 worth today?

Last sold for AED 1,341,625 in 2015

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30 Jun 2023RentedRenewal
AED 32,550/yr12 months · AED 45 per sqft
30 Jun 2022RentedRenewal
AED 32,550/yr12 months · AED 45 per sqft
30 Jun 2021RentedNew contract
AED 31,000/yr12 months · AED 43 per sqft
18 Jun 2020RentedRenewal
AED 35,000/yr12 months · AED 48 per sqft
18 Jun 2019RentedNew contract
AED 43,000/yr12 months · AED 59 per sqft
29 Jan 2016RentedRenewal
AED 54,600/yr12 months · AED 75 per sqft
25 Oct 2015Sold by developerReady
AED 1,341,625AED 1,846 per sqft
29 Jan 2015RentedNew contract
AED 54,600/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 30 June 2023.

Key facts

Type
Studio apartment
Size
727 sqft
Floor
11th of 31
Parking
G-014
Developer
TFG Real Estate
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 1.34M · October 2015
Building
The Matrix

About 1113, The Matrix

1113 is a studio of 727 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 25 October 2015 for AED 1,341,625, or AED 1,846 per sqft, 9% above the AED 1,700 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 30 June 2023, is AED 32,550 a year: a gross yield of 2.4% on the 2015 price, before the service charge of about AED 7,800 a year.

Sales and rents for 1113 over time

Sales
Unit 1113, 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, October 2015: AED 1,341,625 (AED 1,846 per sqft)

1113 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1113, 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, January 2015: AED 54,600 a yearRenewal, January 2016: AED 54,600 a yearNew contract, June 2019: AED 43,000 a yearRenewal, June 2020: AED 35,000 a yearNew contract, June 2021: AED 31,000 a yearRenewal, June 2022: AED 32,550 a yearRenewal, June 2023: AED 32,550 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 1113 sits

All 204 studios →

1113 last sold in October 2015 at AED 1,846 per sqft, 9% above what studios in The Matrix were fetching at the time (AED 1,700). 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. 1113's AED 32,550 is in the lower 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 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

1113, The Matrix in numbers

  • Sold once: by TFG Real Estate on 25 October 2015 for AED 1,341,625, or AED 1,846 per sqft.
  • Rented since January 2015 on 7 Ejari contracts, from AED 54,600 to AED 32,550 a year.
  • At AED 32,550 a year the gross yield on the 2015 price is 2.4%, before a service charge of about AED 7,800 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 June 2023.

Questions about 1113, The Matrix

What did unit 1113 last sell for?

AED 1,341,625 on 25 October 2015, sold by the developer: AED 1,846 per sqft for 727 sqft. It is the only registered sale of the unit.

What is the rent for unit 1113?

AED 32,550 a year on the contract renewed on 30 June 2023. The previous contract, from June 2022, was AED 32,550; the unit has been rented since January 2015.

How big is unit 1113?

727 sqft (67.5 sqm): a studio on the 11th floor of a 31-storey tower completed in 2014.

What is unit 1113 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 1113, The Matrix

Starts from the last sale price (AED 1.34M, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,341,625
Deposit, UAE resident (20%)
AED 268,325
Deposit, non-resident (40%)
AED 536,650
Monthly over 25 years at 3.7%
AED 5,489

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