1405, The Matrix
Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, The Matrix
What is 1405 worth today?
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Source: Dubai Land Department. Updated 16 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 594 sqft
- Floor
- 14th of 31
- Parking
- M-014
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- AED 1000K · December 2019
- Building
- The Matrix
About 1405, The Matrix
1405 is a studio of 594 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 16 December 2019 for AED 999,500, or AED 1,681 per sqft, 102% above the AED 831 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 16 January 2026, is AED 37,596 a year: a gross yield of 3.8% on the 2019 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1405 over time
1405 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 1405 sits
All 204 studios →1405 last sold in December 2019 at AED 1,681 per sqft, 102% above what studios in The Matrix were fetching at the time (AED 831). 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. 1405's AED 37,596 is in the lower 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 | |
| 1404 | Studio | 601 sqft | AED 1.45MAED 1,451,340 · Dec 2023December 2023 | 59,400 /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 |
1405, The Matrix in numbers
- Sold once: by TFG Real Estate on 16 December 2019 for AED 999,500, or AED 1,681 per sqft.
- Rented since June 2018 on 10 Ejari contracts. The rent fell from AED 49,000 to AED 31,000 in 2022 and recovered to AED 37,596 by January 2026.
- At AED 37,596 a year the gross yield on the 2019 price is 3.8%, 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 16 January 2026.
Questions about 1405, The Matrix
What did unit 1405 last sell for?
AED 999,500 on 16 December 2019, sold by the developer: AED 1,681 per sqft for 594 sqft. It is the only registered sale of the unit.
What is the rent for unit 1405?
AED 37,596 a year on the contract renewed on 16 January 2026. The previous contract, from January 2025, was AED 34,178; the unit has been rented since June 2018.
How big is unit 1405?
594 sqft (55.2 sqm): a studio on the 14th floor of a 31-storey tower completed in 2014.
What is unit 1405 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 1405, The Matrix
Starts from the last sale price (AED 1000K, 16 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 999,500
- Deposit, UAE resident (20%)
- AED 199,900
- Deposit, non-resident (40%)
- AED 399,800
- Monthly over 25 years at 3.7%
- AED 4,089
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →