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Studio · 599 sqftThe Matrix, Dubai Sports City · 12th floor · completed 2014

1204, The Matrix

Sold prices and rental history: sold twice, last in June 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 8 December 2019
Last soldAED 600K18 June 2018
Current rentAED 40K /yr8 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1204, The Matrix

What is 1204 worth today?

Last sold for AED 600,000 in 2018

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8 Dec 2019RentedNew contract
AED 40,000/yr12 months · AED 67 per sqft
30 Aug 2018RentedNew contract
AED 48,000/yr12 months · AED 80 per sqft
18 Jun 2018SoldReady
AED 600,000AED 1,000 per sqft
7 Sep 2015Sold by developerReady
AED 764,526AED 1,275 per sqft

Source: Dubai Land Department. Updated 8 December 2019.

Key facts

Type
Studio apartment
Size
599 sqft
Floor
12th of 31
Parking
G-019
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 600K · June 2018
Building
The Matrix

About 1204, The Matrix

1204 is a studio of 599 sqft on the 12th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 18 June 2018 for AED 600,000, or AED 1,000 per sqft, 41% below the AED 1,686 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 8 December 2019, is AED 40,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical studio in The Matrix
500K1M20112015201920232027Typical 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 2015: AED 764,526 (AED 1,275 per sqft)Sold, June 2018: AED 600,000 (AED 1,000 per sqft)

1204 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, 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, August 2018: AED 48,000 a yearNew contract, December 2019: AED 40,000 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 1204 sits

All 204 studios →

1204 last sold in June 2018 at AED 1,000 per sqft, 41% below what studios in The Matrix were fetching at the time (AED 1,686). 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. 1204's AED 40,000 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 12th floor

All 377 units in The Matrix
Value
12011-bedAED 1.11M · Nov 2015
12021-bedAED 910K · Jun 2025
1203StudioAED 988K · Jun 2025
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

1204, The Matrix in numbers

  • Sold twice: first on 7 September 2015 for AED 764,526, last on 18 June 2018 for AED 600,000 (AED 1,000 per sqft).
  • Rented since August 2018 on 2 Ejari contracts, from AED 48,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 6,400 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 8 December 2019.

Questions about 1204, The Matrix

What did unit 1204 last sell for?

AED 600,000 on 18 June 2018: AED 1,000 per sqft for 599 sqft. The unit has 2 registered sales; the first was AED 764,526 in September 2015.

What is the rent for unit 1204?

AED 40,000 a year on the contract signed on 8 December 2019. The previous contract, from August 2018, was AED 48,000.

How big is unit 1204?

599 sqft (55.6 sqm): a studio on the 12th floor of a 31-storey tower completed in 2014.

What is unit 1204 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 1204, The Matrix

Starts from the last sale price (AED 600K, 18 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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