1702, The Matrix
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, The Matrix
What is 1702 worth today?
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Source: Dubai Land Department. Updated 29 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,220 sqft
- Floor
- 17th of 31
- Parking
- P1-022
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.65M · October 2015
- Building
- The Matrix
About 1702, The Matrix
1702 is a one-bedroom apartment of 1,220 sqft on the 17th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 27 October 2015 for AED 1,649,250, or AED 1,351 per sqft, 9% below the AED 1,487 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 29 August 2024, is AED 75,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 13,100 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 163 1-beds →1702 last sold in October 2015 at AED 1,351 per sqft, 9% below what one-beds in The Matrix were fetching at the time (AED 1,487). 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. 1702's AED 75,000 is in the upper 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 17th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 923 sqft | AED 800KAED 800,000 · Sep 2026September 2026 | 65,000 /yr | |
| 1703 | Studio | 611 sqft | AED 606KAED 605,571 · Sep 2026September 2026 | 52,000 /yr | |
| 1704 | Studio | 604 sqft | AED 1.47MAED 1,465,250 · Oct 2015October 2015 | 42,000 /yr | |
| 1705 | Studio | 597 sqft | AED 621KAED 620,616 · Feb 2025February 2025 | 50,000 /yr | |
| 1706 | 1-bed | 1,139 sqft | AED 925KAED 925,000 · Feb 2025February 2025 | 80,000 /yr | |
| 1707 | 1-bed | 860 sqft | AED 710KAED 710,000 · Sep 2023September 2023 | 65,000 /yr | |
| 1708 | 1-bed | 940 sqft | AED 1.54MAED 1,537,035 · Oct 2015October 2015 | 65,000 /yr | |
| 1709 | 1-bed | 1,130 sqft | AED 1.99MAED 1,994,205 · Mar 2016March 2016 | 54,574 /yr | |
| 1710 | Studio | 612 sqft | AED 1.45MAED 1,453,664 · Nov 2015November 2015 | 50,000 /yr | |
| 1711 | Studio | 607 sqft | AED 500KAED 500,000 · Feb 2022February 2022 | 53,000 /yr | |
| 1712 | Studio | 597 sqft | AED 950KAED 949,779 · Oct 2015October 2015 | 55,000 /yr | |
| 1713 | Studio | 731 sqft | AED 601KAED 601,085 · Aug 2026August 2026 | 48,000 /yr | |
| 1714 | Studio | 592 sqft | AED 1.26MAED 1,255,748 · Nov 2015November 2015 | 53,000 /yr |
1702, The Matrix in numbers
- Sold once: by TFG Real Estate on 27 October 2015 for AED 1,649,250, or AED 1,351 per sqft.
- Rented since December 2014 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 75,000 by August 2024.
- At AED 75,000 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 13,100 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 29 August 2024.
Questions about 1702, The Matrix
What did unit 1702 last sell for?
AED 1,649,250 on 27 October 2015, sold by the developer: AED 1,351 per sqft for 1,220 sqft. It is the only registered sale of the unit.
What is the rent for unit 1702?
AED 75,000 a year on the contract renewed on 29 August 2024. The previous contract, from August 2023, was AED 65,000; the unit has been rented since December 2014.
How big is unit 1702?
1,220 sqft (113.3 sqm): a one-bedroom apartment on the 17th floor of a 31-storey tower completed in 2014.
What is unit 1702 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 1702, The Matrix
Starts from the last sale price (AED 1.65M, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,649,250
- Deposit, UAE resident (20%)
- AED 329,850
- Deposit, non-resident (40%)
- AED 659,700
- Monthly over 25 years at 3.7%
- AED 6,748
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →