1407, The Matrix
Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, The Matrix
What is 1407 worth today?
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Source: Dubai Land Department. Updated 30 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 860 sqft
- Floor
- 14th of 31
- Parking
- M-016
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 9,200 /yr
- Last sold
- AED 480K · September 2019
- Building
- The Matrix
About 1407, The Matrix
1407 is a one-bedroom apartment of 860 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 15 September 2019 for AED 480,000, or AED 557 per sqft, 20% below the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 30 September 2025, is AED 68,000 a year: a gross yield of 14.2% on the 2019 price, before the service charge of about AED 9,200 a year.
Sales and rents for 1407 over time
1407 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1407 sits
All 163 1-beds →1407 last sold in September 2019 at AED 557 per sqft, 20% below what one-beds in The Matrix were fetching at the time (AED 699). 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. 1407's AED 68,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 923 sqft | 800,000 | 866 | ||
| 17 Jun 202617 June 2026 | 923 sqft | 700,000 | 758 | ||
| 4 May 20264 May 2026 | 1,118 sqft | 900,000 | 804 | ||
| 17 Mar 202617 March 2026 | 1,252 sqft | 860,000 | 686 |
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 | |
| 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 | |
| 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 |
1407, The Matrix in numbers
- Sold twice: first on 10 November 2015 for AED 1,015,078, last on 15 September 2019 for AED 480,000 (AED 557 per sqft).
- Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2019 and recovered to AED 68,000 by September 2025.
- At AED 68,000 a year the gross yield on the 2019 price is 14.2%, before a service charge of about AED 9,200 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 30 September 2025.
Questions about 1407, The Matrix
What did unit 1407 last sell for?
AED 480,000 on 15 September 2019: AED 557 per sqft for 860 sqft. The unit has 2 registered sales; the first was AED 1,015,078 in November 2015.
What is the rent for unit 1407?
AED 68,000 a year on the contract signed on 30 September 2025. The previous contract, from July 2024, was AED 65,000; the unit has been rented since May 2016.
How big is unit 1407?
860 sqft (79.9 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2014.
What is unit 1407 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 1407, The Matrix
Starts from the last sale price (AED 480K, 15 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →