1-bed · 1,135 sqftThe Matrix, Dubai Sports City · 14th floor · completed 2014

1406, The Matrix

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 29 September 2025
Last soldAED 941K29 September 2025
Current rentAED 50K /yr17 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, The Matrix

What is 1406 worth today?

Last sold for AED 940,555 in 2025

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29 Sep 2025SoldReady
AED 940,555AED 828 per sqft
17 May 2022RentedRenewal
AED 50,066/yr9 months · AED 44 per sqft
17 May 2021RentedNew contract
AED 49,500/yr12 months · AED 44 per sqft
12 Jul 2020RentedRenewal
AED 68,000/yr3 months · AED 60 per sqft
12 Jan 2020RentedNew contract
AED 68,000/yr6 months · AED 60 per sqft
12 Sep 2018RentedNew contract
AED 66,462/yr13 months · AED 59 per sqft
30 Aug 2017RentedNew contract
AED 74,000/yr12 months · AED 65 per sqft
15 Sep 2015Sold by developerReady
AED 1,688,502AED 1,487 per sqft

Source: Dubai Land Department. Updated 29 September 2025.

Key facts

Type
1-bed apartment
Size
1,135 sqft
Floor
14th of 31
Parking
M-015
Developer
TFG Real Estate
Completed
2014
Service charge
AED 12,200 /yr
Last sold
AED 941K · September 2025
Building
The Matrix

About 1406, The Matrix

1406 is a one-bedroom apartment of 1,135 sqft on the 14th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 29 September 2025 for AED 940,555, or AED 828 per sqft, in line with the AED 812 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 17 May 2022, is AED 50,066 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, September 2015: AED 1,688,502 (AED 1,487 per sqft)Sold, September 2025: AED 940,555 (AED 828 per sqft)

1406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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 2015: AED 87,900 a yearNew contract, August 2017: AED 74,000 a yearNew contract, September 2018: AED 66,462 a yearNew contract, January 2020: AED 68,000 a yearRenewal, July 2020: AED 68,000 a yearNew contract, May 2021: AED 49,500 a yearRenewal, May 2022: AED 50,066 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 1406 sits

All 163 1-beds →

1406 last sold in September 2025 at AED 828 per sqft, in line with what one-beds in The Matrix were fetching at the time (AED 812). 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. 1406's AED 50,066 is at the bottom 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
14021-bedAED 2.27M · Oct 2015
1403StudioAED 450K · May 2023
1404StudioAED 1.45M · Dec 2023
1405StudioAED 1000K · Dec 2019
14071-bedAED 480K · Sep 2019
14081-bedAED 1.44M · Jun 2016
1–7 of 13

1406, The Matrix in numbers

  • Sold twice: first on 15 September 2015 for AED 1,688,502, last on 29 September 2025 for AED 940,555 (AED 828 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 87,900 to AED 50,066 a year.
  • At AED 50,066 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 12,200 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 29 September 2025.

Questions about 1406, The Matrix

What did unit 1406 last sell for?

AED 940,555 on 29 September 2025: AED 828 per sqft for 1,135 sqft. The unit has 2 registered sales; the first was AED 1,688,502 in September 2015.

What is the rent for unit 1406?

AED 50,066 a year on the contract renewed on 17 May 2022. The previous contract, from May 2021, was AED 49,500; the unit has been rented since February 2015.

How big is unit 1406?

1,135 sqft (105.4 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2014.

What is unit 1406 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 1406, The Matrix

Starts from the last sale price (AED 941K, 29 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 940,555
Deposit, UAE resident (20%)
AED 188,111
Deposit, non-resident (40%)
AED 376,222
Monthly over 25 years at 3.7%
AED 3,848

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