1-bed · 919 sqftThe Matrix, Dubai Sports City · 12th floor · completed 2014

1201, The Matrix

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

Unit 1201 · DLD and Ejari recordsUpdated 1 January 2019
Last soldAED 1.11M1 November 2015
Current rentAED 50K /yr1 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, The Matrix

What is 1201 worth today?

Last sold for AED 1,106,914 in 2015

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1 Jan 2019RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
7 Dec 2017RentedRenewal
AED 75,000/yr12 months · AED 82 per sqft
7 Jun 2017RentedRenewal
AED 76,950/yr6 months · AED 84 per sqft
7 Jun 2016RentedRenewal
AED 76,950/yr12 months · AED 84 per sqft
1 Nov 2015Sold by developerReady
AED 1,106,914AED 1,204 per sqft
7 Jun 2015RentedNew contract
AED 81,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 January 2019.

Key facts

Type
1-bed apartment
Size
919 sqft
Floor
12th of 31
Parking
G-016
Developer
TFG Real Estate
Completed
2014
Service charge
AED 9,900 /yr
Last sold
AED 1.11M · November 2015
Building
The Matrix

About 1201, The Matrix

1201 is a one-bedroom apartment of 919 sqft on the 12th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 1 November 2015 for AED 1,106,914, or AED 1,204 per sqft, 19% below the AED 1,483 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 January 2019, is AED 50,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, November 2015: AED 1,106,914 (AED 1,204 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, 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, June 2015: AED 81,000 a yearRenewal, June 2016: AED 76,950 a yearRenewal, June 2017: AED 76,950 a yearRenewal, December 2017: AED 75,000 a yearNew contract, January 2019: AED 50,000 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 1201 sits

All 163 1-beds →

1201 last sold in November 2015 at AED 1,204 per sqft, 19% below what one-beds in The Matrix were fetching at the time (AED 1,483). 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. 1201's AED 50,000 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 12th floor

All 377 units in The Matrix
Value
12021-bedAED 910K · Jun 2025
1203StudioAED 988K · Jun 2025
1204StudioAED 600K · Jun 2018
1205StudioAED 627K · Nov 2023
12061-bedAED 2.7M · Nov 2015
12071-bedAED 1.47M · Oct 2015
12081-bedAED 715K · Jul 2021
1–7 of 12

1201, The Matrix in numbers

  • Sold once: by TFG Real Estate on 1 November 2015 for AED 1,106,914, or AED 1,204 per sqft.
  • Rented since June 2015 on 5 Ejari contracts, from AED 81,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 9,900 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 1 January 2019.

Questions about 1201, The Matrix

What did unit 1201 last sell for?

AED 1,106,914 on 1 November 2015, sold by the developer: AED 1,204 per sqft for 919 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 50,000 a year on the contract signed on 1 January 2019. The previous contract, from December 2017, was AED 75,000; the unit has been rented since June 2015.

How big is unit 1201?

919 sqft (85.4 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2014.

What is unit 1201 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 1201, The Matrix

Starts from the last sale price (AED 1.11M, 1 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,106,914
Deposit, UAE resident (20%)
AED 221,383
Deposit, non-resident (40%)
AED 442,766
Monthly over 25 years at 3.7%
AED 4,529

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