1-bed · 920 sqftThe Matrix, Dubai Sports City · 14th floor · completed 2014

1401, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 1.25M6 October 2015
Current rentAED 68K /yr6 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, The Matrix

What is 1401 worth today?

Last sold for AED 1,254,983 in 2015

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6 Feb 2025RentedNew contract
AED 68,000/yr12 months · AED 74 per sqft
6 Feb 2025RentedNew contract
AED 68,000/yr12 months · AED 74 per sqft
20 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
23 Feb 2023RentedRenewal
AED 44,100/yr12 months · AED 48 per sqft
23 Feb 2022RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
23 Feb 2021RentedNew contract
AED 38,000/yr12 months · AED 42 per sqft
6 Oct 2015Sold by developerReady
AED 1,254,983AED 1,364 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
14th of 31
Parking
M-010
Developer
TFG Real Estate
Completed
2014
Service charge
AED 9,900 /yr
Last sold
AED 1.25M · October 2015
Building
The Matrix

About 1401, The Matrix

1401 is a one-bedroom apartment of 920 sqft on the 14th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 6 October 2015 for AED 1,254,983, or AED 1,364 per sqft, 19% below the AED 1,688 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 6 February 2025, is AED 68,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical one-bed in The Matrix
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,732,618; 2012 AED 1,838,519; 2015 AED 1,580,806; 2016 AED 1,431,650; 2017 AED 1,345,311; 2018 AED 1,425,000; 2019 AED 637,000; 2020 AED 530,000; 2021 AED 715,000; 2022 AED 897,391; 2023 AED 700,000; 2024 AED 775,000; 2025 AED 910,000; 2026 AED 800,000Sold by developer, October 2015: AED 1,254,983 (AED 1,364 per sqft)

1401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1401, each contractTypical one-bed in The Matrix
50K75K2014201820222026Typical rent by year: 2014 AED 83,200; 2015 AED 79,000; 2016 AED 77,400; 2017 AED 74,000; 2018 AED 68,654; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 49,250; 2023 AED 52,500; 2024 AED 62,182; 2025 AED 65,000; 2026 AED 65,000New contract, February 2021: AED 38,000 a yearRenewal, February 2022: AED 40,000 a yearRenewal, February 2023: AED 44,100 a yearNew contract, January 2024: AED 70,000 a yearNew contract, February 2025: AED 68,000 a yearNew contract, February 2025: AED 68,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Matrix, and where 1401 sits

All 163 1-beds →

1401 last sold in October 2015 at AED 1,364 per sqft, 19% below what one-beds in The Matrix were fetching at the time (AED 1,688). Over the last 12 months one-beds sold for AED 700,000 to 966,350, around AED 838 per sqft, and rent for AED 52,800 to 95,000 a year. 1401's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026800,000
17 Jun 2026700,000
4 May 2026900,000
17 Mar 2026860,000
7 1-bed 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 14th floor

All 377 units in The Matrix
Value
14021-bedAED 2.27M · Oct 2015
1403StudioAED 450K · May 2023
1404StudioAED 1.45M · Dec 2023
1405StudioAED 1000K · Dec 2019
14061-bedAED 941K · Sep 2025
14071-bedAED 480K · Sep 2019
14081-bedAED 1.44M · Jun 2016
1–7 of 13

1401, The Matrix in numbers

  • Sold once: by TFG Real Estate on 6 October 2015 for AED 1,254,983, or AED 1,364 per sqft.
  • Rented since February 2021 on 6 Ejari contracts, from AED 38,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 9,900 a year (AED 10.72 per sqft).
  • One-beds in The Matrix sold for AED 700,000–966,350 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.

Source: Dubai Land Department. Updated 6 February 2025.

Questions about 1401, The Matrix

What did unit 1401 last sell for?

AED 1,254,983 on 6 October 2015, sold by the developer: AED 1,364 per sqft for 920 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 68,000 a year on the contract signed on 6 February 2025. The previous contract, from February 2025, was AED 68,000; the unit has been rented since February 2021.

How big is unit 1401?

920 sqft (85.5 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2014.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Matrix sold for AED 700,000 to 966,350 in the last 12 months, around AED 838 per sqft.

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Mortgage on 1401, The Matrix

Starts from the last sale price (AED 1.25M, 6 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,254,983
Deposit, UAE resident (20%)
AED 250,997
Deposit, non-resident (40%)
AED 501,993
Monthly over 25 years at 3.7%
AED 5,135

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