Studio · 595 sqftThe Matrix, Dubai Sports City · 14th floor · completed 2014

1412, The Matrix

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1412 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 1.4M28 February 2017
Current rentAED 48K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1412, The Matrix

What is 1412 worth today?

Last sold for AED 1,400,000 in 2017

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10 Jul 2026RentedNew contract
AED 48,000/yr6 months · AED 81 per sqft
28 Apr 2025RentedRenewal
AED 37,249/yr12 months · AED 63 per sqft
28 Apr 2024RentedRenewal
AED 35,475/yr12 months · AED 60 per sqft
28 Apr 2023RentedRenewal
AED 32,250/yr12 months · AED 54 per sqft
28 Apr 2022RentedRenewal
AED 32,250/yr12 months · AED 54 per sqft
28 Apr 2021RentedNew contract
AED 31,000/yr12 months · AED 52 per sqft
25 Dec 2019RentedNew contract
AED 41,000/yr12 months · AED 69 per sqft
28 Sep 2017RentedNew contract
AED 49,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
595 sqft
Floor
14th of 31
Parking
M-021
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 1.4M · February 2017
Building
The Matrix

About 1412, The Matrix

1412 is a studio of 595 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 28 February 2017 for AED 1,400,000, or AED 2,354 per sqft, 47% above the AED 1,606 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 10 July 2026, is AED 48,000 a year: a gross yield of 3.4% on the 2017 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1412 over time

Sales
Unit 1412, each saleTypical studio in The Matrix
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 883,408; 2015 AED 1,025,000; 2016 AED 950,293; 2017 AED 856,242; 2018 AED 975,000; 2019 AED 500,000; 2020 AED 997,500; 2021 AED 400,000; 2022 AED 500,000; 2023 AED 502,658; 2024 AED 555,814; 2025 AED 666,500; 2026 AED 625,000Sold by developer, February 2017: AED 1,400,000 (AED 2,354 per sqft)

1412 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1412, each contractTypical studio in The Matrix
40K60K2014201820222026Typical rent by year: 2014 AED 57,000; 2015 AED 53,850; 2016 AED 53,700; 2017 AED 49,000; 2018 AED 48,000; 2019 AED 46,000; 2020 AED 35,000; 2021 AED 31,000; 2022 AED 32,550; 2023 AED 35,800; 2024 AED 44,000; 2025 AED 50,000; 2026 AED 50,000New contract, August 2015: AED 53,700 a yearNew contract, September 2017: AED 49,000 a yearNew contract, December 2019: AED 41,000 a yearNew contract, April 2021: AED 31,000 a yearRenewal, April 2022: AED 32,250 a yearRenewal, April 2023: AED 32,250 a yearRenewal, April 2024: AED 35,475 a yearRenewal, April 2025: AED 37,249 a yearNew contract, July 2026: AED 48,000 a year

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 1412 sits

All 204 studios →

1412 last sold in February 2017 at AED 2,354 per sqft, 47% above what studios in The Matrix were fetching at the time (AED 1,606). 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. 1412's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2026580,000
29 Sep 2026550,000
15 Sep 2026605,571
14 Sep 20261,125,000
20 studio 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
14061-bedAED 941K · Sep 2025
14071-bedAED 480K · Sep 2019
1–7 of 13

1412, The Matrix in numbers

  • Sold once: by TFG Real Estate on 28 February 2017 for AED 1,400,000, or AED 2,354 per sqft.
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 53,700 to AED 31,000 in 2021 and recovered to AED 48,000 by July 2026.
  • At AED 48,000 a year the gross yield on the 2017 price is 3.4%, 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 10 July 2026.

Questions about 1412, The Matrix

What did unit 1412 last sell for?

AED 1,400,000 on 28 February 2017, sold by the developer: AED 2,354 per sqft for 595 sqft. It is the only registered sale of the unit.

What is the rent for unit 1412?

AED 48,000 a year on the contract signed on 10 July 2026. The previous contract, from April 2025, was AED 37,249; the unit has been rented since August 2015.

How big is unit 1412?

595 sqft (55.3 sqm): a studio on the 14th floor of a 31-storey tower completed in 2014.

What is unit 1412 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 1412, The Matrix

Starts from the last sale price (AED 1.4M, 28 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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