Studio · 730 sqftThe Matrix, Dubai Sports City · 16th floor · completed 2014

1613, The Matrix

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1613 · DLD and Ejari recordsUpdated 24 August 2025
Last soldAED 455K31 July 2023
Current rentAED 46K /yr24 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1613, The Matrix

What is 1613 worth today?

Last sold for AED 455,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Aug 2025RentedRenewal
AED 46,000/yr12 months · AED 64 per sqft
24 Aug 2024RentedRenewal
AED 46,000/yr12 months · AED 63 per sqft
24 Aug 2023RentedNew contract
AED 46,000/yr12 months · AED 63 per sqft
31 Jul 2023SoldReady
AED 455,000AED 623 per sqft
17 Jun 2021RentedNew contract
AED 31,000/yr12 months · AED 42 per sqft
15 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
26 Nov 2017RentedNew contract
AED 55,000/yr12 months · AED 75 per sqft
19 Apr 2017Sold by developerReady
AED 1,172,800AED 1,607 per sqft

Source: Dubai Land Department. Updated 24 August 2025.

Key facts

Type
Studio apartment
Size
730 sqft
Floor
16th of 31
Parking
P2-051
Developer
TFG Real Estate
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 455K · July 2023
Building
The Matrix

About 1613, The Matrix

1613 is a studio of 730 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 31 July 2023 for AED 455,000, or AED 623 per sqft, 18% below the AED 758 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 24 August 2025, is AED 46,000 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for 1613 over time

Sales
Unit 1613, each saleTypical studio in The Matrix
500K1M20112015201920232027Typical sale price by year: 2011 AED 883,408; 2015 AED 1,025,000; 2016 AED 950,293; 2017 AED 856,242; 2018 AED 975,000; 2019 AED 500,000; 2020 AED 997,500; 2021 AED 400,000; 2022 AED 500,000; 2023 AED 502,658; 2024 AED 555,814; 2025 AED 666,500; 2026 AED 625,000Sold by developer, April 2017: AED 1,172,800 (AED 1,607 per sqft)Sold, July 2023: AED 455,000 (AED 623 per sqft)

1613 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1613, each contractTypical studio in The Matrix
40K60K2014201820222026Typical rent by year: 2014 AED 57,000; 2015 AED 53,850; 2016 AED 53,700; 2017 AED 49,000; 2018 AED 48,000; 2019 AED 46,000; 2020 AED 35,000; 2021 AED 31,000; 2022 AED 32,550; 2023 AED 35,800; 2024 AED 44,000; 2025 AED 50,000; 2026 AED 50,000New contract, September 2016: AED 53,700 a yearNew contract, November 2017: AED 55,000 a yearNew contract, December 2018: AED 45,000 a yearNew contract, June 2021: AED 31,000 a yearNew contract, August 2023: AED 46,000 a yearRenewal, August 2024: AED 46,000 a yearRenewal, August 2025: AED 46,000 a year

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 1613 sits

All 204 studios →

1613 last sold in July 2023 at AED 623 per sqft, 18% below what studios in The Matrix were fetching at the time (AED 758). 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. 1613's AED 46,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2026580,000
29 Sep 2026550,000
15 Sep 2026605,571
14 Sep 20261,125,000
20 studio sales in the last 12 months

The Matrix

Building

377 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%
The Matrix, Dubai Sports City: prices, sales and rents →

Other units on the 16th floor

All 377 units in The Matrix
Value
16011-bedAED 1.34M · Nov 2015
16021-bedAED 1.85M · Nov 2015
1603StudioAED 671K · Aug 2025
1604StudioAED 1.36M · Jan 2018
1605StudioAED 666K · Aug 2025
16061-bedAED 870K · Oct 2025
16071-bedAED 1.6M · Apr 2014
1–7 of 13

1613, The Matrix in numbers

  • Sold twice: first on 19 April 2017 for AED 1,172,800, last on 31 July 2023 for AED 455,000 (AED 623 per sqft).
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 53,700 to AED 31,000 in 2021 and recovered to AED 46,000 by August 2025.
  • At AED 46,000 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 7,800 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 24 August 2025.

Questions about 1613, The Matrix

What did unit 1613 last sell for?

AED 455,000 on 31 July 2023: AED 623 per sqft for 730 sqft. The unit has 2 registered sales; the first was AED 1,172,800 in April 2017.

What is the rent for unit 1613?

AED 46,000 a year on the contract renewed on 24 August 2025. The previous contract, from August 2024, was AED 46,000; the unit has been rented since September 2016.

How big is unit 1613?

730 sqft (67.8 sqm): a studio on the 16th floor of a 31-storey tower completed in 2014.

What is unit 1613 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.

Selling 1613? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1613, The Matrix

Starts from the last sale price (AED 455K, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →