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Studio · 604 sqftThe Matrix, Dubai Sports City · 13th floor · completed 2014

1311, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 17 August 2017
Last soldAED 753K25 October 2015
Current rentAED 53K /yr17 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1311, The Matrix

What is 1311 worth today?

Last sold for AED 753,139 in 2015

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17 Aug 2017RentedNew contract
AED 53,000/yr12 months · AED 88 per sqft
25 Oct 2015Sold by developerReady
AED 753,139AED 1,246 per sqft
20 Jul 2015RentedNew contract
AED 57,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 17 August 2017.

Key facts

Type
Studio apartment
Size
604 sqft
Floor
13th of 31
Parking
M-006
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 753K · October 2015
Building
The Matrix

About 1311, The Matrix

1311 is a studio of 604 sqft on the 13th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 25 October 2015 for AED 753,139, or AED 1,246 per sqft, 27% below the AED 1,700 studios in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 17 August 2017, is AED 53,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, 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 753,139 (AED 1,246 per sqft)

1311 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1311, 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, July 2015: AED 57,000 a yearNew contract, August 2017: AED 53,000 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 1311 sits

All 204 studios →

1311 last sold in October 2015 at AED 1,246 per sqft, 27% below what studios in The Matrix were fetching at the time (AED 1,700). 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. 1311's AED 53,000 is in the upper 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
1305StudioAED 650K · Nov 2017
13061-bedAED 1.88M · Nov 2015
13081-bedAED 780K · Dec 2024
1–7 of 12

1311, The Matrix in numbers

  • Sold once: by TFG Real Estate on 25 October 2015 for AED 753,139, or AED 1,246 per sqft.
  • Rented since July 2015 on 2 Ejari contracts, from AED 57,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2015 price is 7.0%, 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 17 August 2017.

Questions about 1311, The Matrix

What did unit 1311 last sell for?

AED 753,139 on 25 October 2015, sold by the developer: AED 1,246 per sqft for 604 sqft. It is the only registered sale of the unit.

What is the rent for unit 1311?

AED 53,000 a year on the contract signed on 17 August 2017. The previous contract, from July 2015, was AED 57,000.

How big is unit 1311?

604 sqft (56.1 sqm): a studio on the 13th floor of a 31-storey tower completed in 2014.

What is unit 1311 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 1311, The Matrix

Starts from the last sale price (AED 753K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 753,139
Deposit, UAE resident (20%)
AED 150,628
Deposit, non-resident (40%)
AED 301,256
Monthly over 25 years at 3.7%
AED 3,081

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