1604, The Matrix
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, The Matrix
What is 1604 worth today?
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Source: Dubai Land Department. Updated 3 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 603 sqft
- Floor
- 16th of 31
- Parking
- P1-011
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 1.36M · January 2018
- Building
- The Matrix
About 1604, The Matrix
1604 is a studio of 603 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 18 January 2018 for AED 1,355,541, or AED 2,248 per sqft, 49% above the AED 1,505 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 53,000 a year: a gross yield of 3.9% on the 2018 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1604 over time
1604 has sold once; 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 1604 sits
All 204 studios →1604 last sold in January 2018 at AED 2,248 per sqft, 49% above what studios in The Matrix were fetching at the time (AED 1,505). 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. 1604'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 | |
| 1603 | Studio | 610 sqft | AED 671KAED 671,000 · Aug 2025August 2025 | 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 |
1604, The Matrix in numbers
- Sold once: by TFG Real Estate on 18 January 2018 for AED 1,355,541, or AED 2,248 per sqft.
- Rented since February 2019 on 8 Ejari contracts. The rent fell from AED 46,000 to AED 31,000 in 2021 and recovered to AED 53,000 by January 2026.
- At AED 53,000 a year the gross yield on the 2018 price is 3.9%, 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 January 2026.
Questions about 1604, The Matrix
What did unit 1604 last sell for?
AED 1,355,541 on 18 January 2018, sold by the developer: AED 2,248 per sqft for 603 sqft. It is the only registered sale of the unit.
What is the rent for unit 1604?
AED 53,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2025, was AED 53,000; the unit has been rented since February 2019.
How big is unit 1604?
603 sqft (56.0 sqm): a studio on the 16th floor of a 31-storey tower completed in 2014.
What is unit 1604 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 1604, The Matrix
Starts from the last sale price (AED 1.36M, 18 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,355,541
- Deposit, UAE resident (20%)
- AED 271,108
- Deposit, non-resident (40%)
- AED 542,216
- Monthly over 25 years at 3.7%
- AED 5,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →