1611, The Matrix
Sold prices and rental history: sold twice, last in August 2025, 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 1611, The Matrix
What is 1611 worth today?
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Source: Dubai Land Department. Updated 19 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 606 sqft
- Floor
- 16th of 31
- Parking
- P1-018
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 672K · August 2025
- Building
- The Matrix
About 1611, The Matrix
1611 is a studio of 606 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 672,000, or AED 1,108 per sqft, in line with the AED 1,083 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 19 May 2026, is AED 52,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1611 over time
1611 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 1611 sits
All 204 studios →1611 last sold in August 2025 at AED 1,108 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. 1611's AED 52,000 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 | |
| 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 | |
| 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 |
1611, The Matrix in numbers
- Sold twice: first on 27 October 2015 for AED 941,026, last on 5 August 2025 for AED 672,000 (AED 1,108 per sqft).
- Rented since August 2018 on 10 Ejari contracts. The rent fell from AED 48,000 to AED 31,000 in 2021 and recovered to AED 52,000 by May 2026.
- At AED 52,000 a year the gross yield on the 2025 price is 7.7%, 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 19 May 2026.
Questions about 1611, The Matrix
What did unit 1611 last sell for?
AED 672,000 on 5 August 2025: AED 1,108 per sqft for 606 sqft. The unit has 2 registered sales; the first was AED 941,026 in October 2015.
What is the rent for unit 1611?
AED 52,000 a year on the contract signed on 19 May 2026. The previous contract, from September 2025, was AED 53,000; the unit has been rented since August 2018.
How big is unit 1611?
606 sqft (56.3 sqm): a studio on the 16th floor of a 31-storey tower completed in 2014.
What is unit 1611 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 1611, The Matrix
Starts from the last sale price (AED 672K, 5 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 672,000
- Deposit, UAE resident (20%)
- AED 134,400
- Deposit, non-resident (40%)
- AED 268,800
- Monthly over 25 years at 3.7%
- AED 2,749
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →