1608, The Matrix
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, The Matrix
What is 1608 worth today?
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Source: Dubai Land Department. Updated 8 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 940 sqft
- Floor
- 16th of 31
- Parking
- P1-015
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.52M · March 2018
- Building
- The Matrix
About 1608, The Matrix
1608 is a one-bedroom apartment of 940 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 March 2018 for AED 1,522,869, or AED 1,619 per sqft, 13% above the AED 1,431 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 8 May 2026, is AED 62,000 a year: a gross yield of 4.1% on the 2018 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1608 over time
1608 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 1608 sits
All 163 1-beds →1608 last sold in March 2018 at AED 1,619 per sqft, 13% above what one-beds in The Matrix were fetching at the time (AED 1,431). 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. 1608'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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
1608, The Matrix in numbers
- Sold once: by TFG Real Estate on 18 March 2018 for AED 1,522,869, or AED 1,619 per sqft.
- Rented since September 2017 on 10 Ejari contracts. The rent fell from AED 72,000 to AED 43,500 in 2021 and recovered to AED 62,000 by May 2026.
- At AED 62,000 a year the gross yield on the 2018 price is 4.1%, before a service charge of about AED 10,100 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 8 May 2026.
Questions about 1608, The Matrix
What did unit 1608 last sell for?
AED 1,522,869 on 18 March 2018, sold by the developer: AED 1,619 per sqft for 940 sqft. It is the only registered sale of the unit.
What is the rent for unit 1608?
AED 62,000 a year on the contract signed on 8 May 2026. The previous contract, from March 2025, was AED 65,000; the unit has been rented since September 2017.
How big is unit 1608?
940 sqft (87.3 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2014.
What is unit 1608 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 1608, The Matrix
Starts from the last sale price (AED 1.52M, 18 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,522,869
- Deposit, UAE resident (20%)
- AED 304,574
- Deposit, non-resident (40%)
- AED 609,148
- Monthly over 25 years at 3.7%
- AED 6,231
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →