Studio · 608 sqftThe Matrix, Dubai Sports City · 15th floor · completed 2014

1503, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 22 July 2026
Last soldAED 1.13M29 October 2015
Current rentAED 44K /yr22 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, The Matrix

What is 1503 worth today?

Last sold for AED 1,133,977 in 2015

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22 Jul 2026RentedRenewal
AED 43,659/yr12 months · AED 72 per sqft
22 Jul 2025RentedRenewal
AED 39,690/yr12 months · AED 65 per sqft
22 Jul 2025RentedRenewal
AED 39,690/yr12 months · AED 65 per sqft
22 Jul 2024RentedRenewal
AED 37,800/yr12 months · AED 62 per sqft
22 Jul 2023RentedRenewal
AED 36,000/yr12 months · AED 59 per sqft
22 Jul 2022RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
14 Jun 2020RentedRenewal
AED 39,000/yr12 months · AED 64 per sqft
14 Jun 2019RentedRenewal
AED 48,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 22 July 2026.

Key facts

Type
Studio apartment
Size
608 sqft
Floor
15th of 31
Parking
M-026
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 1.13M · October 2015
Building
The Matrix

About 1503, The Matrix

1503 is a studio of 608 sqft on the 15th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 29 October 2015 for AED 1,133,977, or AED 1,864 per sqft, 12% above the AED 1,671 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 22 July 2026, is AED 43,659 a year: a gross yield of 3.9% on the 2015 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, October 2015: AED 1,133,977 (AED 1,864 per sqft)

1503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, 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, June 2018: AED 49,000 a yearRenewal, June 2019: AED 48,000 a yearRenewal, June 2020: AED 39,000 a yearNew contract, July 2022: AED 36,000 a yearRenewal, July 2023: AED 36,000 a yearRenewal, July 2024: AED 37,800 a yearRenewal, July 2025: AED 39,690 a yearRenewal, July 2025: AED 39,690 a yearRenewal, July 2026: AED 43,659 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 1503 sits

All 204 studios →

1503 last sold in October 2015 at AED 1,864 per sqft, 12% above what studios in The Matrix were fetching at the time (AED 1,671). 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. 1503's AED 43,659 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 15th floor

All 377 units in The Matrix
Value
15011-bedAED 1.33M · Aug 2016
15021-bedAED 1.03M · Apr 2017
1504StudioAED 891K · Feb 2011
1505StudioAED 891K · Sep 2015
15061-bedAED 950K · Jun 2016
15071-bedAED 975K · Nov 2015
15081-bedAED 1.51M · Oct 2011
1–7 of 13

1503, The Matrix in numbers

  • Sold once: by TFG Real Estate on 29 October 2015 for AED 1,133,977, or AED 1,864 per sqft.
  • Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 49,000 to AED 36,000 in 2023 and recovered to AED 43,659 by July 2026.
  • At AED 43,659 a year the gross yield on the 2015 price is 3.9%, before a service charge of about AED 6,500 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 22 July 2026.

Questions about 1503, The Matrix

What did unit 1503 last sell for?

AED 1,133,977 on 29 October 2015, sold by the developer: AED 1,864 per sqft for 608 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 43,659 a year on the contract renewed on 22 July 2026. The previous contract, from July 2025, was AED 39,690; the unit has been rented since June 2018.

How big is unit 1503?

608 sqft (56.5 sqm): a studio on the 15th floor of a 31-storey tower completed in 2014.

What is unit 1503 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 1503, The Matrix

Starts from the last sale price (AED 1.13M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,133,977
Deposit, UAE resident (20%)
AED 226,795
Deposit, non-resident (40%)
AED 453,591
Monthly over 25 years at 3.7%
AED 4,639

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