Studio · 594 sqftThe Matrix, Dubai Sports City · 13th floor · completed 2014

1305, The Matrix

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 1 December 2020
Last soldAED 650K9 November 2017
Current rentAED 32K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, The Matrix

What is 1305 worth today?

Last sold for AED 650,000 in 2017

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1 Dec 2020RentedNew contract
AED 32,000/yr12 months · AED 54 per sqft
1 Nov 2019RentedNew contract
AED 44,875/yr12 months · AED 76 per sqft
8 May 2019RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
28 Apr 2018RentedNew contract
AED 49,862/yr12 months · AED 84 per sqft
9 Nov 2017SoldReady
AED 650,000AED 1,093 per sqft
15 Jan 2017RentedNew contract
AED 53,700/yr12 months · AED 90 per sqft
29 Oct 2015Sold by developerReady
AED 768,202AED 1,292 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type
Studio apartment
Size
594 sqft
Floor
13th of 31
Parking
G-033
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 650K · November 2017
Building
The Matrix

About 1305, The Matrix

1305 is a studio of 594 sqft on the 13th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 9 November 2017 for AED 650,000, or AED 1,093 per sqft, 17% below the AED 1,320 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 December 2020, is AED 32,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, 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, October 2015: AED 768,202 (AED 1,292 per sqft)Sold, November 2017: AED 650,000 (AED 1,093 per sqft)

1305 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1305, 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, January 2017: AED 53,700 a yearNew contract, April 2018: AED 49,862 a yearNew contract, May 2019: AED 50,000 a yearNew contract, November 2019: AED 44,875 a yearNew contract, December 2020: AED 32,000 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 1305 sits

All 204 studios →

1305 last sold in November 2017 at AED 1,093 per sqft, 17% below what studios in The Matrix were fetching at the time (AED 1,320). 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. 1305's AED 32,000 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 13th floor

All 377 units in The Matrix
Value
13011-bedAED 480K · Sep 2021
13021-bedAED 860K · Mar 2026
1303StudioAED 859K · Mar 2016
1304StudioAED 600K · May 2026
13061-bedAED 1.88M · Nov 2015
13081-bedAED 780K · Dec 2024
13091-bedAED 1.66M · Oct 2015
1–7 of 12

1305, The Matrix in numbers

  • Sold twice: first on 29 October 2015 for AED 768,202, last on 9 November 2017 for AED 650,000 (AED 1,093 per sqft).
  • Rented since January 2017 on 5 Ejari contracts, from AED 53,700 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 6,400 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 December 2020.

Questions about 1305, The Matrix

What did unit 1305 last sell for?

AED 650,000 on 9 November 2017: AED 1,093 per sqft for 594 sqft. The unit has 2 registered sales; the first was AED 768,202 in October 2015.

What is the rent for unit 1305?

AED 32,000 a year on the contract signed on 1 December 2020. The previous contract, from November 2019, was AED 44,875; the unit has been rented since January 2017.

How big is unit 1305?

594 sqft (55.2 sqm): a studio on the 13th floor of a 31-storey tower completed in 2014.

What is unit 1305 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 1305, The Matrix

Starts from the last sale price (AED 650K, 9 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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