Studio · 588 sqftThe Matrix, Dubai Sports City · 15th floor · completed 2014

1514, The Matrix

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 26 February 2026
Last soldAED 625K26 February 2026
Current rentAED 40K /yr4 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, The Matrix

What is 1514 worth today?

Last sold for AED 625,000 in 2026

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26 Feb 2026SoldReady
AED 625,000AED 1,063 per sqft
4 Aug 2024RentedRenewal
AED 39,900/yr12 months · AED 68 per sqft
4 Aug 2023RentedNew contract
AED 38,000/yr12 months · AED 65 per sqft
30 Mar 2023RentedRenewal
AED 32,550/yr12 months · AED 55 per sqft
30 Mar 2022RentedRenewal
AED 31,000/yr12 months · AED 53 per sqft
30 Sep 2021RentedNew contract
AED 29,681/yr6 months · AED 50 per sqft
10 Mar 2020RentedNew contract
AED 37,000/yr12 months · AED 63 per sqft
20 Mar 2017RentedNew contract
AED 52,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 26 February 2026.

Key facts

Type
Studio apartment
Size
588 sqft
Floor
15th of 31
Parking
P1-007
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 625K · February 2026
Building
The Matrix

About 1514, The Matrix

1514 is a studio of 588 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 26 February 2026 for AED 625,000, or AED 1,063 per sqft, in line with the AED 1,095 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 4 August 2024, is AED 39,900 a year: a gross yield of 6.4% on the 2026 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1514 over time

Sales
Unit 1514, 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 1,170,970 (AED 1,991 per sqft)Sold, February 2026: AED 625,000 (AED 1,063 per sqft)

1514 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1514, 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, March 2017: AED 52,000 a yearNew contract, March 2020: AED 37,000 a yearNew contract, September 2021: AED 29,681 a yearRenewal, March 2022: AED 31,000 a yearRenewal, March 2023: AED 32,550 a yearNew contract, August 2023: AED 38,000 a yearRenewal, August 2024: AED 39,900 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 1514 sits

All 204 studios →

1514 last sold in February 2026 at AED 1,063 per sqft, in line with what studios in The Matrix were fetching at the time (AED 1,095). 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. 1514's AED 39,900 is in the lower 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

1514, The Matrix in numbers

  • Sold twice: first on 1 November 2015 for AED 1,170,970, last on 26 February 2026 for AED 625,000 (AED 1,063 per sqft).
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 29,681 in 2021 and recovered to AED 39,900 by August 2024.
  • At AED 39,900 a year the gross yield on the 2026 price is 6.4%, 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 26 February 2026.

Questions about 1514, The Matrix

What did unit 1514 last sell for?

AED 625,000 on 26 February 2026: AED 1,063 per sqft for 588 sqft. The unit has 2 registered sales; the first was AED 1,170,970 in November 2015.

What is the rent for unit 1514?

AED 39,900 a year on the contract renewed on 4 August 2024. The previous contract, from August 2023, was AED 38,000; the unit has been rented since March 2017.

How big is unit 1514?

588 sqft (54.6 sqm): a studio on the 15th floor of a 31-storey tower completed in 2014.

What is unit 1514 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 1514, The Matrix

Starts from the last sale price (AED 625K, 26 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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