1-bed · 1,252 sqftThe Matrix, Dubai Sports City · 14th floor · completed 2014

1402, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 2.27M12 October 2015
Current rentAED 75K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, The Matrix

What is 1402 worth today?

Last sold for AED 2,272,988 in 2015

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5 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
19 Jul 2024RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
7 Apr 2023RentedNew contract
AED 67,500/yr12 months · AED 54 per sqft
30 Sep 2021RentedNew contract
AED 52,500/yr12 months · AED 42 per sqft
2 Feb 2021RentedRenewal
AED 49,500/yr12 months · AED 40 per sqft
2 Feb 2020RentedNew contract
AED 61,000/yr12 months · AED 49 per sqft
12 Oct 2015Sold by developerReady
AED 2,272,988AED 1,815 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
1-bed apartment
Size
1,252 sqft
Floor
14th of 31
Parking
M-011
Developer
TFG Real Estate
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 2.27M · October 2015
Building
The Matrix

About 1402, The Matrix

1402 is a one-bedroom apartment of 1,252 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 12 October 2015 for AED 2,272,988, or AED 1,815 per sqft, 18% above the AED 1,533 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 5 September 2025, is AED 75,000 a year: a gross yield of 3.3% on the 2015 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2,272,988 (AED 1,815 per sqft)

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, each contractTypical one-bed in The Matrix
40K60K80K2014201820222026Typical 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 2020: AED 61,000 a yearRenewal, February 2021: AED 49,500 a yearNew contract, September 2021: AED 52,500 a yearNew contract, April 2023: AED 67,500 a yearNew contract, July 2024: AED 75,000 a yearNew contract, September 2025: AED 75,000 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 1402 sits

All 163 1-beds →

1402 last sold in October 2015 at AED 1,815 per sqft, 18% above what one-beds in The Matrix were fetching at the time (AED 1,533). 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. 1402's AED 75,000 is in the upper 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
14011-bedAED 1.25M · 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

1402, The Matrix in numbers

  • Sold once: by TFG Real Estate on 12 October 2015 for AED 2,272,988, or AED 1,815 per sqft.
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 61,000 to AED 49,500 in 2021 and recovered to AED 75,000 by September 2025.
  • At AED 75,000 a year the gross yield on the 2015 price is 3.3%, before a service charge of about AED 13,400 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 5 September 2025.

Questions about 1402, The Matrix

What did unit 1402 last sell for?

AED 2,272,988 on 12 October 2015, sold by the developer: AED 1,815 per sqft for 1,252 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 75,000 a year on the contract signed on 5 September 2025. The previous contract, from July 2024, was AED 75,000; the unit has been rented since February 2020.

How big is unit 1402?

1,252 sqft (116.3 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2014.

What is unit 1402 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 1402, The Matrix

Starts from the last sale price (AED 2.27M, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,272,988
Deposit, UAE resident (20%)
AED 454,598
Deposit, non-resident (40%)
AED 909,195
Monthly over 25 years at 3.7%
AED 9,299

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