1614, The Matrix
Sold prices and rental history: sold once, by the developer in November 2015, 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 1614, The Matrix
What is 1614 worth today?
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Source: Dubai Land Department. Updated 20 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 591 sqft
- Floor
- 16th of 31
- Parking
- P1-020
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,300 /yr
- Last sold
- AED 1.19M · November 2015
- Building
- The Matrix
About 1614, The Matrix
1614 is a studio of 591 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 1 November 2015 for AED 1,191,125, or AED 2,016 per sqft, 20% above the AED 1,681 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 20 October 2023, is AED 40,000 a year: a gross yield of 3.4% on the 2015 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1614 over time
1614 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 1614 sits
All 204 studios →1614 last sold in November 2015 at AED 2,016 per sqft, 20% above what studios in The Matrix were fetching at the time (AED 1,681). 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. 1614's AED 40,000 is in the lower 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 | |
| 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, The Matrix in numbers
- Sold once: by TFG Real Estate on 1 November 2015 for AED 1,191,125, or AED 2,016 per sqft.
- Rented since March 2015 on 5 Ejari contracts, from AED 53,700 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2015 price is 3.4%, before a service charge of about AED 6,300 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 20 October 2023.
Questions about 1614, The Matrix
What did unit 1614 last sell for?
AED 1,191,125 on 1 November 2015, sold by the developer: AED 2,016 per sqft for 591 sqft. It is the only registered sale of the unit.
What is the rent for unit 1614?
AED 40,000 a year on the contract signed on 20 October 2023. The previous contract, from October 2018, was AED 43,500; the unit has been rented since March 2015.
How big is unit 1614?
591 sqft (54.9 sqm): a studio on the 16th floor of a 31-storey tower completed in 2014.
What is unit 1614 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 1614, The Matrix
Starts from the last sale price (AED 1.19M, 1 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,191,125
- Deposit, UAE resident (20%)
- AED 238,225
- Deposit, non-resident (40%)
- AED 476,450
- Monthly over 25 years at 3.7%
- AED 4,873
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →