1704, The Matrix
Sold prices and rental history: sold once, by the developer in October 2015, 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 1704, The Matrix
What is 1704 worth today?
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Source: Dubai Land Department. Updated 18 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 604 sqft
- Floor
- 17th of 31
- Parking
- P1-024
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 1.47M · October 2015
- Building
- The Matrix
About 1704, The Matrix
1704 is a studio of 604 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 25 October 2015 for AED 1,465,250, or AED 2,425 per sqft, 43% above the AED 1,700 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 18 August 2025, is AED 42,000 a year: a gross yield of 2.9% on the 2015 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 204 studios →1704 last sold in October 2015 at AED 2,425 per sqft, 43% above what studios in The Matrix were fetching at the time (AED 1,700). 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. 1704's AED 42,000 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 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 | |
| 1702 | 1-bed | 1,220 sqft | AED 1.65MAED 1,649,250 · Oct 2015October 2015 | 75,000 /yr | |
| 1703 | Studio | 611 sqft | AED 606KAED 605,571 · Sep 2026September 2026 | 52,000 /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 |
1704, The Matrix in numbers
- Sold once: by TFG Real Estate on 25 October 2015 for AED 1,465,250, or AED 2,425 per sqft.
- Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 49,000 to AED 31,000 in 2020 and recovered to AED 42,000 by August 2025.
- At AED 42,000 a year the gross yield on the 2015 price is 2.9%, 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 18 August 2025.
Questions about 1704, The Matrix
What did unit 1704 last sell for?
AED 1,465,250 on 25 October 2015, sold by the developer: AED 2,425 per sqft for 604 sqft. It is the only registered sale of the unit.
What is the rent for unit 1704?
AED 42,000 a year on the contract renewed on 18 August 2025. The previous contract, from August 2024, was AED 42,000; the unit has been rented since November 2017.
How big is unit 1704?
604 sqft (56.1 sqm): a studio on the 17th floor of a 31-storey tower completed in 2014.
What is unit 1704 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 1704, The Matrix
Starts from the last sale price (AED 1.47M, 25 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,465,250
- Deposit, UAE resident (20%)
- AED 293,050
- Deposit, non-resident (40%)
- AED 586,100
- Monthly over 25 years at 3.7%
- AED 5,995
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →