Studio · 597 sqftThe Matrix, Dubai Sports City · 17th floor · completed 2014

1705, The Matrix

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 27 February 2026
Last soldAED 621K6 February 2025
Current rentAED 50K /yr27 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, The Matrix

What is 1705 worth today?

Last sold for AED 620,616 in 2025

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27 Feb 2026RentedRenewal
AED 50,000/yr12 months · AED 84 per sqft
27 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 84 per sqft
27 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 84 per sqft
6 Feb 2025SoldReady
AED 620,616AED 1,039 per sqft
27 Feb 2024RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
7 Feb 2023RentedRenewal
AED 32,550/yr12 months · AED 55 per sqft
20 Jul 2022SoldReady · flagged as an outlier
AED 9,352AED 15 per sqft
7 Feb 2022RentedRenewal
AED 31,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 27 February 2026.

Key facts

Type
Studio apartment
Size
597 sqft
Floor
17th of 31
Parking
P1-025
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 621K · February 2025
Building
The Matrix

About 1705, The Matrix

1705 is a studio of 597 sqft on the 17th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 6 February 2025 for AED 620,616, or AED 1,039 per sqft, 9% above the AED 953 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 27 February 2026, is AED 50,000 a year: a gross yield of 8.1% on the 2025 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, October 2015: AED 797,606 (AED 1,335 per sqft)Sold, July 2018: AED 600,000 (AED 1,004 per sqft)Sold, February 2025: AED 620,616 (AED 1,039 per sqft)

1705 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1705, 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, August 2018: AED 45,231 a yearNew contract, January 2020: AED 41,000 a yearNew contract, February 2021: AED 31,000 a yearRenewal, February 2022: AED 31,000 a yearRenewal, February 2023: AED 32,550 a yearNew contract, February 2024: AED 50,000 a yearRenewal, February 2025: AED 50,000 a yearRenewal, February 2025: AED 50,000 a yearRenewal, February 2026: AED 50,000 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 1705 sits

All 204 studios →

1705 last sold in February 2025 at AED 1,039 per sqft, 9% above what studios in The Matrix were fetching at the time (AED 953). 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. 1705's AED 50,000 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 17th floor

All 377 units in The Matrix
Value
17011-bedAED 800K · Sep 2026
17021-bedAED 1.65M · Oct 2015
1703StudioAED 606K · Sep 2026
1704StudioAED 1.47M · Oct 2015
17061-bedAED 925K · Feb 2025
17071-bedAED 710K · Sep 2023
17081-bedAED 1.54M · Oct 2015
1–7 of 13

1705, The Matrix in numbers

  • Sold 4 times: first on 12 October 2015 for AED 797,606, last on 6 February 2025 for AED 620,616 (AED 1,039 per sqft).
  • Rented since August 2018 on 9 Ejari contracts. The rent fell from AED 45,231 to AED 31,000 in 2022 and recovered to AED 50,000 by February 2026.
  • At AED 50,000 a year the gross yield on the 2025 price is 8.1%, before a service charge of about AED 6,400 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 27 February 2026.

Questions about 1705, The Matrix

What did unit 1705 last sell for?

AED 620,616 on 6 February 2025: AED 1,039 per sqft for 597 sqft. The unit has 4 registered sales; the first was AED 797,606 in October 2015.

What is the rent for unit 1705?

AED 50,000 a year on the contract renewed on 27 February 2026. The previous contract, from February 2025, was AED 50,000; the unit has been rented since August 2018.

How big is unit 1705?

597 sqft (55.5 sqm): a studio on the 17th floor of a 31-storey tower completed in 2014.

What is unit 1705 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 1705, The Matrix

Starts from the last sale price (AED 621K, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 620,616
Deposit, UAE resident (20%)
AED 124,123
Deposit, non-resident (40%)
AED 248,246
Monthly over 25 years at 3.7%
AED 2,539

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