1601, The Matrix
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, The Matrix
What is 1601 worth today?
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Source: Dubai Land Department. Updated 7 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 923 sqft
- Floor
- 16th of 31
- Parking
- P1-008
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 9,900 /yr
- Last sold
- AED 1.34M · November 2015
- Building
- The Matrix
About 1601, The Matrix
1601 is a one-bedroom apartment of 923 sqft on the 16th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 10 November 2015 for AED 1,342,713, or AED 1,454 per sqft, in line with the AED 1,456 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 7 July 2026, is AED 62,000 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1601 over time
1601 has sold once; 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 1601 sits
All 163 1-beds →1601 last sold in November 2015 at AED 1,454 per sqft, in line with what one-beds in The Matrix were fetching at the time (AED 1,456). 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. 1601's AED 62,000 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 16th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 1-bed | 1,231 sqft | AED 1.85MAED 1,845,000 · Nov 2015November 2015 | 60,000 /yr | |
| 1603 | Studio | 610 sqft | AED 671KAED 671,000 · Aug 2025August 2025 | 53,000 /yr | |
| 1604 | Studio | 603 sqft | AED 1.36MAED 1,355,541 · Jan 2018January 2018 | 53,000 /yr | |
| 1605 | Studio | 596 sqft | AED 666KAED 666,000 · Aug 2025August 2025 | 53,000 /yr | |
| 1606 | 1-bed | 1,138 sqft | AED 870KAED 870,000 · Oct 2025October 2025 | 45,000 /yr | |
| 1607 | 1-bed | 860 sqft | AED 1.6MAED 1,600,000 · Apr 2014April 2014 | 60,000 /yr | |
| 1608 | 1-bed | 940 sqft | AED 1.52MAED 1,522,869 · Mar 2018March 2018 | 62,000 /yr | |
| 1609 | 1-bed | 1,133 sqft | AED 925KAED 925,000 · Jun 2017June 2017 | 50,000 /yr | |
| 1610 | Studio | 613 sqft | AED 667KAED 667,000 · Aug 2025August 2025 | 54,000 /yr | |
| 1611 | Studio | 606 sqft | AED 672KAED 672,000 · Aug 2025August 2025 | 52,000 /yr | |
| 1612 | Studio | 596 sqft | AED 666KAED 666,000 · Aug 2025August 2025 | 52,000 /yr | |
| 1613 | Studio | 730 sqft | AED 455KAED 455,000 · Jul 2023July 2023 | 46,000 /yr | |
| 1614 | Studio | 591 sqft | AED 1.19MAED 1,191,125 · Nov 2015November 2015 | 40,000 /yr |
1601, The Matrix in numbers
- Sold once: by TFG Real Estate on 10 November 2015 for AED 1,342,713, or AED 1,454 per sqft.
- Rented since November 2018 on 9 Ejari contracts. The rent fell from AED 64,000 to AED 43,500 in 2021 and recovered to AED 62,000 by July 2026.
- At AED 62,000 a year the gross yield on the 2015 price is 4.6%, before a service charge of about AED 9,900 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 7 July 2026.
Questions about 1601, The Matrix
What did unit 1601 last sell for?
AED 1,342,713 on 10 November 2015, sold by the developer: AED 1,454 per sqft for 923 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 62,000 a year on the contract signed on 7 July 2026. The previous contract, from July 2025, was AED 55,913; the unit has been rented since November 2018.
How big is unit 1601?
923 sqft (85.7 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2014.
What is unit 1601 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 1601, The Matrix
Starts from the last sale price (AED 1.34M, 10 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,342,713
- Deposit, UAE resident (20%)
- AED 268,543
- Deposit, non-resident (40%)
- AED 537,085
- Monthly over 25 years at 3.7%
- AED 5,493
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →