1-bed · 940 sqftThe Matrix, Dubai Sports City · 12th floor · completed 2014

1208, The Matrix

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 3 April 2026
Last soldAED 715K18 July 2021
Current rentAED 54K /yr3 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, The Matrix

What is 1208 worth today?

Last sold for AED 715,000 in 2021

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3 Apr 2026RentedRenewal
AED 54,000/yr12 months · AED 58 per sqft
2 Apr 2026RentedRenewal
AED 56,543/yr12 months · AED 60 per sqft
3 Apr 2025RentedRenewal
AED 54,000/yr12 months · AED 58 per sqft
3 Apr 2025RentedRenewal
AED 54,000/yr12 months · AED 58 per sqft
3 Apr 2024RentedRenewal
AED 51,600/yr12 months · AED 55 per sqft
3 Apr 2023RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
7 Jul 2022RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
18 Jul 2021SoldReady
AED 715,000AED 760 per sqft

Source: Dubai Land Department. Updated 3 April 2026.

Key facts

Type
1-bed apartment
Size
940 sqft
Floor
12th of 31
Parking
G-022
Developer
TFG Real Estate
Completed
2014
Service charge
AED 10,100 /yr
Last sold
AED 715K · July 2021
Building
The Matrix

About 1208, The Matrix

1208 is a one-bedroom apartment of 940 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 July 2021 for AED 715,000, or AED 760 per sqft, 34% above the AED 569 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, renewed on 3 April 2026, is AED 54,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, April 2017: AED 1,262,818 (AED 1,343 per sqft)Sold, July 2021: AED 715,000 (AED 760 per sqft)

1208 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, 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, July 2019: AED 50,000 a yearRenewal, July 2020: AED 50,000 a yearNew contract, July 2021: AED 42,000 a yearRenewal, July 2022: AED 42,000 a yearNew contract, April 2023: AED 48,000 a yearRenewal, April 2024: AED 51,600 a yearRenewal, April 2025: AED 54,000 a yearRenewal, April 2025: AED 54,000 a yearRenewal, April 2026: AED 54,000 a yearRenewal, April 2026: AED 56,543 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 1208 sits

All 163 1-beds →

1208 last sold in July 2021 at AED 760 per sqft, 34% above what one-beds in The Matrix were fetching at the time (AED 569). 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. 1208's AED 54,000 is in the lower 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
12061-bedAED 2.7M · Nov 2015
12071-bedAED 1.47M · Oct 2015
1–7 of 12

1208, The Matrix in numbers

  • Sold twice: first on 19 April 2017 for AED 1,262,818, last on 18 July 2021 for AED 715,000 (AED 760 per sqft).
  • Rented since July 2019 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2022 and recovered to AED 54,000 by April 2026.
  • At AED 54,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 10,100 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 3 April 2026.

Questions about 1208, The Matrix

What did unit 1208 last sell for?

AED 715,000 on 18 July 2021: AED 760 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 1,262,818 in April 2017.

What is the rent for unit 1208?

AED 54,000 a year on the contract renewed on 3 April 2026. The previous contract, from April 2026, was AED 56,543; the unit has been rented since July 2019.

How big is unit 1208?

940 sqft (87.3 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2014.

What is unit 1208 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 1208, The Matrix

Starts from the last sale price (AED 715K, 18 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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