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Studio · 586 sqftThe Matrix, Dubai Sports City · 14th floor · completed 2014

1414, The Matrix

Sold prices and rental history: sold 3 times, last in June 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1414 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 445K5 June 2023
Current rentAED 50K /yr15 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1414, The Matrix

What is 1414 worth today?

Last sold for AED 445,000 in 2023

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5 Jun 2023SoldReady
AED 445,000AED 758 per sqft
15 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 86 per sqft
16 Mar 2017SoldReady
AED 660,000AED 1,125 per sqft
15 Jul 2016RentedNew contract
AED 56,000/yr12 months · AED 96 per sqft
1 Nov 2015Sold by developerReady
AED 1,221,027AED 2,082 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
Studio apartment
Size
586 sqft
Floor
14th of 31
Parking
M-023
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 445K · June 2023
Building
The Matrix

About 1414, The Matrix

1414 is a studio of 586 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 5 June 2023 for AED 445,000, or AED 758 per sqft, in line with the AED 741 studios in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 15 July 2019, is AED 50,000 a year: a gross yield of 11.2% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1414 over time

Sales
Unit 1414, each saleTypical studio in The Matrix
500K1M20112015201920232027Typical 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, November 2015: AED 1,221,027 (AED 2,082 per sqft)Sold, March 2017: AED 660,000 (AED 1,125 per sqft)Sold, June 2023: AED 445,000 (AED 758 per sqft)

1414 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1414, 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, July 2016: AED 56,000 a yearNew contract, July 2019: AED 50,000 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 1414 sits

All 204 studios →

1414 last sold in June 2023 at AED 758 per sqft, in line with what studios in The Matrix were fetching at the time (AED 741). 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. 1414's AED 50,000 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

1414, The Matrix in numbers

  • Sold 3 times: first on 1 November 2015 for AED 1,221,027, last on 5 June 2023 for AED 445,000 (AED 758 per sqft).
  • Rented since July 2016 on 2 Ejari contracts, from AED 56,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 11.2%, before a service charge of about AED 6,300 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 5 June 2023.

Questions about 1414, The Matrix

What did unit 1414 last sell for?

AED 445,000 on 5 June 2023: AED 758 per sqft for 586 sqft. The unit has 3 registered sales; the first was AED 1,221,027 in November 2015.

What is the rent for unit 1414?

AED 50,000 a year on the contract signed on 15 July 2019. The previous contract, from July 2016, was AED 56,000.

How big is unit 1414?

586 sqft (54.4 sqm): a studio on the 14th floor of a 31-storey tower completed in 2014.

What is unit 1414 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 1414, The Matrix

Starts from the last sale price (AED 445K, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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