1214, The Matrix
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1214, The Matrix
What is 1214 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 587 sqft
- Floor
- 12th of 31
- Parking
- G-028
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,300 /yr
- Last sold
- AED 1.2M · September 2015
- Building
- The Matrix
About 1214, The Matrix
1214 is a studio of 587 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 20 September 2015 for AED 1,203,666, or AED 2,052 per sqft, 60% above the AED 1,282 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 November 2025, is AED 48,000 a year: a gross yield of 4.0% on the 2015 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1214 over time
1214 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 1214 sits
All 204 studios →1214 last sold in September 2015 at AED 2,052 per sqft, 60% above what studios in The Matrix were fetching at the time (AED 1,282). 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. 1214's AED 48,000 is in the upper 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 | |
| 1211 | Studio | 603 sqft | AED 750KAED 749,536 · Nov 2015November 2015 | 34,178 /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, The Matrix in numbers
- Sold once: by TFG Real Estate on 20 September 2015 for AED 1,203,666, or AED 2,052 per sqft.
- Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 53,700 to AED 30,000 in 2021 and recovered to AED 48,000 by November 2025.
- At AED 48,000 a year the gross yield on the 2015 price is 4.0%, before a service charge of about AED 6,300 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 1 November 2025.
Questions about 1214, The Matrix
What did unit 1214 last sell for?
AED 1,203,666 on 20 September 2015, sold by the developer: AED 2,052 per sqft for 587 sqft. It is the only registered sale of the unit.
What is the rent for unit 1214?
AED 48,000 a year on the contract signed on 1 November 2025. The previous contract, from November 2024, was AED 45,000; the unit has been rented since March 2015.
How big is unit 1214?
587 sqft (54.5 sqm): a studio on the 12th floor of a 31-storey tower completed in 2014.
What is unit 1214 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 1214, The Matrix
Starts from the last sale price (AED 1.2M, 20 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,203,666
- Deposit, UAE resident (20%)
- AED 240,733
- Deposit, non-resident (40%)
- AED 481,466
- Monthly over 25 years at 3.7%
- AED 4,925
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →