Studio · 614 sqftThe Matrix, Dubai Sports City · 15th floor · completed 2014

1510, The Matrix

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

Unit 1510 · DLD and Ejari recordsUpdated 28 June 2025
Last soldAED 782K12 October 2015
Current rentAED 55K /yr28 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, The Matrix

What is 1510 worth today?

Last sold for AED 781,967 in 2015

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28 Jun 2025RentedRenewal
AED 55,000/yr12 months · AED 90 per sqft
28 Jun 2025RentedRenewal
AED 55,000/yr12 months · AED 90 per sqft
28 Jun 2024RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft
10 Mar 2023RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
25 Feb 2022RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
5 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
28 Oct 2019RentedNew contract
AED 41,000/yr12 months · AED 67 per sqft
19 Nov 2017RentedNew contract
AED 49,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 28 June 2025.

Key facts

Type
Studio apartment
Size
614 sqft
Floor
15th of 31
Parking
P1-003
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 782K · October 2015
Building
The Matrix

About 1510, The Matrix

1510 is a studio of 614 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 12 October 2015 for AED 781,967, or AED 1,274 per sqft, 5% below the AED 1,335 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 28 June 2025, is AED 55,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1510 over time

Sales
Unit 1510, 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 781,967 (AED 1,274 per sqft)

1510 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1510, 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, November 2017: AED 49,000 a yearNew contract, October 2019: AED 41,000 a yearNew contract, January 2021: AED 30,000 a yearNew contract, February 2022: AED 36,000 a yearNew contract, March 2023: AED 42,000 a yearNew contract, June 2024: AED 55,000 a yearRenewal, June 2025: AED 55,000 a yearRenewal, June 2025: AED 55,000 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 1510 sits

All 204 studios →

1510 last sold in October 2015 at AED 1,274 per sqft, 5% below what studios in The Matrix were fetching at the time (AED 1,335). 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. 1510's AED 55,000 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 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

1510, The Matrix in numbers

  • Sold once: by TFG Real Estate on 12 October 2015 for AED 781,967, or AED 1,274 per sqft.
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 49,000 to AED 30,000 in 2021 and recovered to AED 55,000 by June 2025.
  • At AED 55,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 6,600 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 28 June 2025.

Questions about 1510, The Matrix

What did unit 1510 last sell for?

AED 781,967 on 12 October 2015, sold by the developer: AED 1,274 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 1510?

AED 55,000 a year on the contract renewed on 28 June 2025. The previous contract, from June 2025, was AED 55,000; the unit has been rented since November 2017.

How big is unit 1510?

614 sqft (57.0 sqm): a studio on the 15th floor of a 31-storey tower completed in 2014.

What is unit 1510 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 1510, The Matrix

Starts from the last sale price (AED 782K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 781,967
Deposit, UAE resident (20%)
AED 156,393
Deposit, non-resident (40%)
AED 312,787
Monthly over 25 years at 3.7%
AED 3,199

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