1211, The Matrix
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1211, The Matrix
What is 1211 worth today?
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Source: Dubai Land Department. Updated 12 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 603 sqft
- Floor
- 12th of 31
- Parking
- G-025
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 750K · November 2015
- Building
- The Matrix
About 1211, The Matrix
1211 is a studio of 603 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 749,536, or AED 1,242 per sqft, 26% below the AED 1,681 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 12 July 2024, is AED 34,178 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1211 over time
1211 has sold once; the dashed line is the studio median of each year in the building.
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 1211 sits
All 204 studios →1211 last sold in November 2015 at AED 1,242 per sqft, 26% below what studios in The Matrix were fetching at the time (AED 1,681). 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. 1211's AED 34,178 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 599 sqft | 580,000 | 968 | ||
| 29 Sep 202629 September 2026 | 606 sqft | 550,000 | 906 | ||
| 15 Sep 202615 September 2026 | 611 sqft | 605,571 | 990 | ||
| 14 Sep 202614 September 2026 | 600 sqft | 1,125,000 | 1,875 |
The Matrix
Building377 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%
Other units on the 12th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 919 sqft | AED 1.11MAED 1,106,914 · Nov 2015November 2015 | 50,000 /yr | |
| 1202 | 1-bed | 1,264 sqft | AED 910KAED 910,000 · Jun 2025June 2025 | 48,560 /yr | |
| 1203 | Studio | 605 sqft | AED 988KAED 988,133 · Jun 2025June 2025 | 41,356 /yr | |
| 1204 | Studio | 599 sqft | AED 600KAED 600,000 · Jun 2018June 2018 | 40,000 /yr | |
| 1205 | Studio | 594 sqft | AED 627KAED 627,018 · Nov 2023November 2023 | 50,000 /yr | |
| 1206 | 1-bed | 1,134 sqft | AED 2.7MAED 2,700,000 · Nov 2015November 2015 | 78,000 /yr | |
| 1207 | 1-bed | 860 sqft | AED 1.47MAED 1,471,110 · Oct 2015October 2015 | 57,750 /yr | |
| 1208 | 1-bed | 940 sqft | AED 715KAED 715,000 · Jul 2021July 2021 | 54,000 /yr | |
| 1210 | Studio | 613 sqft | AED 750KAED 749,536 · Jun 2011June 2011 | 43,000 /yr | |
| 1212 | Studio | 594 sqft | AED 550KAED 550,000 · Aug 2024August 2024 | 45,000 /yr | |
| 1213 | Studio | 727 sqft | AED 1.28MAED 1,280,700 · Jan 2018January 2018 | 33,000 /yr | |
| 1214 | Studio | 587 sqft | AED 1.2MAED 1,203,666 · Sep 2015September 2015 | 48,000 /yr |
1211, The Matrix in numbers
- Sold once: by TFG Real Estate on 1 November 2015 for AED 749,536, or AED 1,242 per sqft.
- Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 49,000 to AED 31,000 in 2021 and recovered to AED 34,178 by July 2024.
- At AED 34,178 a year the gross yield on the 2015 price is 4.6%, before a service charge of about AED 6,500 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 12 July 2024.
Questions about 1211, The Matrix
What did unit 1211 last sell for?
AED 749,536 on 1 November 2015, sold by the developer: AED 1,242 per sqft for 603 sqft. It is the only registered sale of the unit.
What is the rent for unit 1211?
AED 34,178 a year on the contract renewed on 12 July 2024. The previous contract, from July 2023, was AED 32,550; the unit has been rented since June 2017.
How big is unit 1211?
603 sqft (56.0 sqm): a studio on the 12th floor of a 31-storey tower completed in 2014.
What is unit 1211 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 1211, The Matrix
Starts from the last sale price (AED 750K, 1 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 749,536
- Deposit, UAE resident (20%)
- AED 149,907
- Deposit, non-resident (40%)
- AED 299,814
- Monthly over 25 years at 3.7%
- AED 3,067
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →