1408, The Matrix
Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, The Matrix
What is 1408 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 940 sqft
- Floor
- 14th of 31
- Parking
- M-017
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.44M · June 2016
- Building
- The Matrix
About 1408, The Matrix
1408 is a one-bedroom apartment of 940 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 26 June 2016 for AED 1,440,000, or AED 1,531 per sqft, 5% above the AED 1,452 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 25 September 2026, is AED 74,011 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1408 over time
1408 has sold once; 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 1408 sits
All 163 1-beds →1408 last sold in June 2016 at AED 1,531 per sqft, 5% above what one-beds in The Matrix were fetching at the time (AED 1,452). 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. 1408's AED 74,011 is in the upper 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 | |
| 1407 | 1-bed | 860 sqft | AED 480KAED 480,000 · Sep 2019September 2019 | 68,000 /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 |
1408, The Matrix in numbers
- Sold once: by TFG Real Estate on 26 June 2016 for AED 1,440,000, or AED 1,531 per sqft.
- Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 74,000 to AED 43,500 in 2021 and recovered to AED 74,011 by September 2026.
- At AED 74,011 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 10,100 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 25 September 2026.
Questions about 1408, The Matrix
What did unit 1408 last sell for?
AED 1,440,000 on 26 June 2016, sold by the developer: AED 1,531 per sqft for 940 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 74,011 a year on the contract signed on 25 September 2026. The previous contract, from August 2025, was AED 76,000; the unit has been rented since March 2015.
How big is unit 1408?
940 sqft (87.3 sqm): a one-bedroom apartment on the 14th floor of a 31-storey tower completed in 2014.
What is unit 1408 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 1408, The Matrix
Starts from the last sale price (AED 1.44M, 26 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,440,000
- Deposit, UAE resident (20%)
- AED 288,000
- Deposit, non-resident (40%)
- AED 576,000
- Monthly over 25 years at 3.7%
- AED 5,891
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →