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1-bed · 940 sqftThe Matrix, Dubai Sports City · 15th floor · completed 2014

1508, The Matrix

Sold prices and rental history: sold once, by the developer in October 2011, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 1.51M20 October 2011
Current rentAED 65K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1508, The Matrix

What is 1508 worth today?

Last sold for AED 1,508,703 in 2011

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5 Sep 2025RentedRenewal
AED 65,000/yr12 months · AED 69 per sqft
5 Sep 2024RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
20 Oct 2011Sold by developerOff-plan
AED 1,508,703AED 1,604 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
1-bed apartment
Size
940 sqft
Floor
15th of 31
Parking
P1-001
Developer
TFG Real Estate
Completed
2014
Service charge
AED 10,100 /yr
Last sold
AED 1.51M · October 2011
Building
The Matrix

About 1508, The Matrix

1508 is a one-bedroom apartment of 940 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 20 October 2011 for AED 1,508,703, or AED 1,604 per sqft, 11% above the AED 1,451 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 5 September 2025, is AED 65,000 a year: a gross yield of 4.3% on the 2011 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical one-bed in The Matrix
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,732,618; 2012 AED 1,838,519; 2015 AED 1,580,806; 2016 AED 1,431,650; 2017 AED 1,345,311; 2018 AED 1,425,000; 2019 AED 637,000; 2020 AED 530,000; 2021 AED 715,000; 2022 AED 897,391; 2023 AED 700,000; 2024 AED 775,000; 2025 AED 910,000; 2026 AED 800,000Sold by developer, October 2011: AED 1,508,703 (AED 1,604 per sqft)

1508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1508, each contractTypical one-bed in The Matrix
40K60K80K2014201820222026Typical rent by year: 2014 AED 83,200; 2015 AED 79,000; 2016 AED 77,400; 2017 AED 74,000; 2018 AED 68,654; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 49,250; 2023 AED 52,500; 2024 AED 62,182; 2025 AED 65,000; 2026 AED 65,000New contract, September 2024: AED 65,000 a yearRenewal, September 2025: AED 65,000 a year

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 1508 sits

All 163 1-beds →

1508 last sold in October 2011 at AED 1,604 per sqft, 11% above what one-beds in The Matrix were fetching at the time (AED 1,451). 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. 1508's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026800,000
17 Jun 2026700,000
4 May 2026900,000
17 Mar 2026860,000
7 1-bed 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
1503StudioAED 1.13M · Oct 2015
1504StudioAED 891K · Feb 2011
1505StudioAED 891K · Sep 2015
15061-bedAED 950K · Jun 2016
15071-bedAED 975K · Nov 2015
1–7 of 13

1508, The Matrix in numbers

  • Sold once: by TFG Real Estate on 20 October 2011 for AED 1,508,703, or AED 1,604 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2011 price is 4.3%, 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 5 September 2025.

Questions about 1508, The Matrix

What did unit 1508 last sell for?

AED 1,508,703 on 20 October 2011, sold by the developer: AED 1,604 per sqft for 940 sqft. It is the only registered sale of the unit.

What is the rent for unit 1508?

AED 65,000 a year on the contract renewed on 5 September 2025. The previous contract, from September 2024, was AED 65,000.

How big is unit 1508?

940 sqft (87.3 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2014.

What is unit 1508 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 1508, The Matrix

Starts from the last sale price (AED 1.51M, 20 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,508,703
Deposit, UAE resident (20%)
AED 301,741
Deposit, non-resident (40%)
AED 603,481
Monthly over 25 years at 3.7%
AED 6,173

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