1506, The Matrix
Sold prices and rental history: sold twice, last 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 1506, The Matrix
What is 1506 worth today?
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Source: Dubai Land Department. Updated 14 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,137 sqft
- Floor
- 15th of 31
- Parking
- M-029
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 12,200 /yr
- Last sold
- AED 950K · June 2016
- Building
- The Matrix
About 1506, The Matrix
1506 is a one-bedroom apartment of 1,137 sqft on the 15th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 1 June 2016 for AED 950,000, or AED 835 per sqft, 42% below the AED 1,452 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 14 September 2026, is AED 60,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 12,200 a year.
Sales and rents for 1506 over time
1506 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 1506 sits
All 163 1-beds →1506 last sold in June 2016 at AED 835 per sqft, 42% below 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. 1506's AED 60,000 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 15th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 922 sqft | AED 1.33MAED 1,330,223 · Aug 2016August 2016 | 65,000 /yr | |
| 1502 | 1-bed | 1,241 sqft | AED 1.03MAED 1,025,000 · Apr 2017April 2017 | 75,000 /yr | |
| 1503 | Studio | 608 sqft | AED 1.13MAED 1,133,977 · Oct 2015October 2015 | 43,659 /yr | |
| 1504 | Studio | 602 sqft | AED 891KAED 891,442 · Feb 2011February 2011 | 53,000 /yr | |
| 1505 | Studio | 595 sqft | AED 891KAED 891,442 · Sep 2015September 2015 | 48,000 /yr | |
| 1507 | 1-bed | 860 sqft | AED 975KAED 975,000 · Nov 2015November 2015 | 63,000 /yr | |
| 1508 | 1-bed | 940 sqft | AED 1.51MAED 1,508,703 · Oct 2011October 2011 | 65,000 /yr | |
| 1509 | 1-bed | 1,135 sqft | AED 1.65MAED 1,650,000 · Oct 2015October 2015 | 76,000 /yr | |
| 1510 | Studio | 614 sqft | AED 782KAED 781,967 · Oct 2015October 2015 | 55,000 /yr | |
| 1511 | Studio | 605 sqft | AED 782KAED 781,967 · Nov 2015November 2015 | 41,752 /yr | |
| 1512 | Studio | 595 sqft | AED 485KAED 485,000 · Jun 2023June 2023 | 44,100 /yr | |
| 1513 | Studio | 729 sqft | AED 2.07MAED 2,069,998 · Nov 2015November 2015 | 43,000 /yr | |
| 1514 | Studio | 588 sqft | AED 625KAED 625,000 · Feb 2026February 2026 | 39,900 /yr |
1506, The Matrix in numbers
- Sold twice: first on 27 October 2015 for AED 1,816,990, last on 1 June 2016 for AED 950,000 (AED 835 per sqft).
- Rented since May 2015 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 40,000 in 2020 and recovered to AED 60,000 by September 2026.
- At AED 60,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 12,200 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 14 September 2026.
Questions about 1506, The Matrix
What did unit 1506 last sell for?
AED 950,000 on 1 June 2016: AED 835 per sqft for 1,137 sqft. The unit has 2 registered sales; the first was AED 1,816,990 in October 2015.
What is the rent for unit 1506?
AED 60,000 a year on the contract signed on 14 September 2026. The previous contract, from October 2025, was AED 57,200; the unit has been rented since May 2015.
How big is unit 1506?
1,137 sqft (105.6 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2014.
What is unit 1506 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 1506, The Matrix
Starts from the last sale price (AED 950K, 1 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →