1603, The Matrix
Sold prices and rental history: sold twice, last in August 2025, 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 1603, The Matrix
What is 1603 worth today?
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Source: Dubai Land Department. Updated 3 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 610 sqft
- Floor
- 16th of 31
- Parking
- P1-010
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 671K · August 2025
- Building
- The Matrix
About 1603, The Matrix
1603 is a studio of 610 sqft on the 16th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 5 August 2025 for AED 671,000, or AED 1,100 per sqft, in line with the AED 1,083 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 3 February 2026, is AED 53,000 a year: a gross yield of 7.9% on the 2025 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the studio median of each year in the building.
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 1603 sits
All 204 studios →1603 last sold in August 2025 at AED 1,100 per sqft, in line with what studios in The Matrix were fetching at the time (AED 1,083). 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. 1603's AED 53,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 599 sqft | 580,000 | 968 | ||
| 29 Sep 202629 September 2026 | 606 sqft | 550,000 | 906 | ||
| 15 Sep 202615 September 2026 | 611 sqft | 605,571 | 990 | ||
| 14 Sep 202614 September 2026 | 600 sqft | 1,125,000 | 1,875 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 923 sqft | AED 1.34MAED 1,342,713 · Nov 2015November 2015 | 62,000 /yr | |
| 1602 | 1-bed | 1,231 sqft | AED 1.85MAED 1,845,000 · Nov 2015November 2015 | 60,000 /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 |
1603, The Matrix in numbers
- Sold twice: first on 27 October 2015 for AED 959,846, last on 5 August 2025 for AED 671,000 (AED 1,100 per sqft).
- Rented since August 2015 on 12 Ejari contracts. The rent fell from AED 51,700 to AED 30,000 in 2021 and recovered to AED 53,000 by February 2026.
- At AED 53,000 a year the gross yield on the 2025 price is 7.9%, before a service charge of about AED 6,500 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 3 February 2026.
Questions about 1603, The Matrix
What did unit 1603 last sell for?
AED 671,000 on 5 August 2025: AED 1,100 per sqft for 610 sqft. The unit has 2 registered sales; the first was AED 959,846 in October 2015.
What is the rent for unit 1603?
AED 53,000 a year on the contract signed on 3 February 2026. The previous contract, from September 2025, was AED 52,000; the unit has been rented since August 2015.
How big is unit 1603?
610 sqft (56.7 sqm): a studio on the 16th floor of a 31-storey tower completed in 2014.
What is unit 1603 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 1603, The Matrix
Starts from the last sale price (AED 671K, 5 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 671,000
- Deposit, UAE resident (20%)
- AED 134,200
- Deposit, non-resident (40%)
- AED 268,400
- Monthly over 25 years at 3.7%
- AED 2,745
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →