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Studio · 727 sqftThe Matrix, Dubai Sports City · 12th floor · completed 2014

1213, The Matrix

Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1213 · DLD and Ejari recordsUpdated 10 August 2020
Last soldAED 1.28M4 January 2018
Current rentAED 33K /yr10 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1213, The Matrix

What is 1213 worth today?

Last sold for AED 1,280,700 in 2018

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10 Aug 2020RentedNew contract
AED 33,000/yr12 months · AED 45 per sqft
4 Jan 2018Sold by developerReady
AED 1,280,700AED 1,760 per sqft

Source: Dubai Land Department. Updated 10 August 2020.

Key facts

Type
Studio apartment
Size
727 sqft
Floor
12th of 31
Parking
G-027
Developer
TFG Real Estate
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 1.28M · January 2018
Building
The Matrix

About 1213, The Matrix

1213 is a studio of 727 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 4 January 2018 for AED 1,280,700, or AED 1,760 per sqft, 18% above the AED 1,492 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2020. The current contract, signed on 10 August 2020, is AED 33,000 a year: a gross yield of 2.6% on the 2018 price, before the service charge of about AED 7,800 a year.

Sales and rents for 1213 over time

Sales
Unit 1213, 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, January 2018: AED 1,280,700 (AED 1,760 per sqft)

1213 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1213, 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 2020: AED 33,000 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 1213 sits

All 204 studios →

1213 last sold in January 2018 at AED 1,760 per sqft, 18% above what studios in The Matrix were fetching at the time (AED 1,492). 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. 1213's AED 33,000 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
1204StudioAED 600K · Jun 2018
1205StudioAED 627K · Nov 2023
12061-bedAED 2.7M · Nov 2015
12071-bedAED 1.47M · Oct 2015
1–7 of 12

1213, The Matrix in numbers

  • Sold once: by TFG Real Estate on 4 January 2018 for AED 1,280,700, or AED 1,760 per sqft.
  • Rented since August 2020 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2018 price is 2.6%, before a service charge of about AED 7,800 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 10 August 2020.

Questions about 1213, The Matrix

What did unit 1213 last sell for?

AED 1,280,700 on 4 January 2018, sold by the developer: AED 1,760 per sqft for 727 sqft. It is the only registered sale of the unit.

What is the rent for unit 1213?

AED 33,000 a year on the contract signed on 10 August 2020.

How big is unit 1213?

727 sqft (67.5 sqm): a studio on the 12th floor of a 31-storey tower completed in 2014.

What is unit 1213 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 1213, The Matrix

Starts from the last sale price (AED 1.28M, 4 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,700
Deposit, UAE resident (20%)
AED 256,140
Deposit, non-resident (40%)
AED 512,280
Monthly over 25 years at 3.7%
AED 5,240

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