1404, The Matrix
Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, The Matrix
What is 1404 worth today?
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Source: Dubai Land Department. Updated 28 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 601 sqft
- Floor
- 14th of 31
- Parking
- M-013
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- AED 1.45M · December 2023
- Building
- The Matrix
About 1404, The Matrix
1404 is a studio of 601 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 20 December 2023 for AED 1,451,340, or AED 2,416 per sqft, 194% above the AED 821 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 28 April 2026, is AED 59,400 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1404 over time
1404 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 1404 sits
All 204 studios →1404 last sold in December 2023 at AED 2,416 per sqft, 194% above what studios in The Matrix were fetching at the time (AED 821). 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. 1404's AED 59,400 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 14th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 920 sqft | AED 1.25MAED 1,254,983 · Oct 2015October 2015 | 68,000 /yr | |
| 1402 | 1-bed | 1,252 sqft | AED 2.27MAED 2,272,988 · Oct 2015October 2015 | 75,000 /yr | |
| 1403 | Studio | 607 sqft | AED 450KAED 450,000 · May 2023May 2023 | 55,000 /yr | |
| 1405 | Studio | 594 sqft | AED 1000KAED 999,500 · Dec 2019December 2019 | 37,596 /yr | |
| 1406 | 1-bed | 1,135 sqft | AED 941KAED 940,555 · Sep 2025September 2025 | 50,066 /yr | |
| 1407 | 1-bed | 860 sqft | AED 480KAED 480,000 · Sep 2019September 2019 | 68,000 /yr | |
| 1408 | 1-bed | 940 sqft | AED 1.44MAED 1,440,000 · Jun 2016June 2016 | 74,011 /yr | |
| 1409 | 1-bed | 1,137 sqft | AED 520KAED 520,000 · Nov 2020November 2020 | 72,000 /yr | |
| 1410 | Studio | 613 sqft | AED 400KAED 400,000 · Oct 2021October 2021 | 55,000 /yr | |
| 1411 | Studio | 604 sqft | AED 625KAED 625,000 · Jun 2026June 2026 | 60,000 /yr | |
| 1412 | Studio | 595 sqft | AED 1.4MAED 1,400,000 · Feb 2017February 2017 | 48,000 /yr | |
| 1413 | Studio | 728 sqft | AED 1.37MAED 1,367,550 · Nov 2015November 2015 | 45,000 /yr | |
| 1414 | Studio | 586 sqft | AED 445KAED 445,000 · Jun 2023June 2023 | 50,000 /yr |
1404, The Matrix in numbers
- Sold once: by TFG Real Estate on 20 December 2023 for AED 1,451,340, or AED 2,416 per sqft.
- Rented since October 2017 on 11 Ejari contracts. The rent fell from AED 49,000 to AED 27,500 in 2020 and recovered to AED 59,400 by April 2026.
- At AED 59,400 a year the gross yield on the 2023 price is 4.1%, 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 28 April 2026.
Questions about 1404, The Matrix
What did unit 1404 last sell for?
AED 1,451,340 on 20 December 2023, sold by the developer: AED 2,416 per sqft for 601 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 59,400 a year on the contract renewed on 28 April 2026. The previous contract, from October 2025, was AED 59,400; the unit has been rented since October 2017.
How big is unit 1404?
601 sqft (55.8 sqm): a studio on the 14th floor of a 31-storey tower completed in 2014.
What is unit 1404 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 1404, The Matrix
Starts from the last sale price (AED 1.45M, 20 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,451,340
- Deposit, UAE resident (20%)
- AED 290,268
- Deposit, non-resident (40%)
- AED 580,536
- Monthly over 25 years at 3.7%
- AED 5,938
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →