1-bed · 1,134 sqftThe Matrix, Dubai Sports City · 12th floor · completed 2014

1206, The Matrix

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 2 March 2026
Last soldAED 2.7M1 November 2015
Current rentAED 78K /yr2 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, The Matrix

What is 1206 worth today?

Last sold for AED 2,700,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Mar 2026RentedNew contract
AED 78,000/yr12 months · AED 69 per sqft
9 Jan 2025RentedNew contract
AED 80,000/yr12 months · AED 71 per sqft
9 Jan 2025RentedNew contract
AED 80,000/yr12 months · AED 71 per sqft
15 Dec 2023RentedNew contract
AED 73,000/yr12 months · AED 64 per sqft
22 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
8 Oct 2020RentedNew contract
AED 49,500/yr12 months · AED 44 per sqft
22 Nov 2016RentedNew contract
AED 79,000/yr12 months · AED 70 per sqft
1 Nov 2015Sold by developerReady
AED 2,700,000AED 2,380 per sqft

Source: Dubai Land Department. Updated 2 March 2026.

Key facts

Type
1-bed apartment
Size
1,134 sqft
Floor
12th of 31
Parking
G-020
Developer
TFG Real Estate
Completed
2014
Service charge
AED 12,200 /yr
Last sold
AED 2.7M · November 2015
Building
The Matrix

About 1206, The Matrix

1206 is a one-bedroom apartment of 1,134 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 2,700,000, or AED 2,380 per sqft, 60% above the AED 1,483 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 2 March 2026, is AED 78,000 a year: a gross yield of 2.9% on the 2015 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in The Matrix
1M2M3M20112015201920232027Typical 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 2,700,000 (AED 2,380 per sqft)

1206 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, 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, November 2016: AED 79,000 a yearNew contract, October 2020: AED 49,500 a yearNew contract, November 2022: AED 60,000 a yearNew contract, December 2023: AED 73,000 a yearNew contract, January 2025: AED 80,000 a yearNew contract, January 2025: AED 80,000 a yearNew contract, March 2026: AED 78,000 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 1206 sits

All 163 1-beds →

1206 last sold in November 2015 at AED 2,380 per sqft, 60% above 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. 1206's AED 78,000 is in the upper half 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
12011-bedAED 1.11M · Nov 2015
12021-bedAED 910K · Jun 2025
1203StudioAED 988K · Jun 2025
1204StudioAED 600K · Jun 2018
1205StudioAED 627K · Nov 2023
12071-bedAED 1.47M · Oct 2015
12081-bedAED 715K · Jul 2021
1–7 of 12

1206, The Matrix in numbers

  • Sold once: by TFG Real Estate on 1 November 2015 for AED 2,700,000, or AED 2,380 per sqft.
  • Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 79,000 to AED 49,500 in 2020 and recovered to AED 78,000 by March 2026.
  • At AED 78,000 a year the gross yield on the 2015 price is 2.9%, before a service charge of about AED 12,200 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 2 March 2026.

Questions about 1206, The Matrix

What did unit 1206 last sell for?

AED 2,700,000 on 1 November 2015, sold by the developer: AED 2,380 per sqft for 1,134 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 78,000 a year on the contract signed on 2 March 2026. The previous contract, from January 2025, was AED 80,000; the unit has been rented since November 2016.

How big is unit 1206?

1,134 sqft (105.4 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2014.

What is unit 1206 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.

Selling 1206? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1206, The Matrix

Starts from the last sale price (AED 2.7M, 1 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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