1-bed · 940 sqftThe Matrix, Dubai Sports City · 17th floor · completed 2014

1708, 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.

Unit 1708 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 1.54M25 October 2015
Current rentAED 65K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, The Matrix

What is 1708 worth today?

Last sold for AED 1,537,035 in 2015

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20 Oct 2026RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
31 Aug 2025RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
20 Oct 2023RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft
10 Oct 2022RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
29 Sep 2021RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
26 Nov 2018RentedNew contract
AED 62,000/yr12 months · AED 66 per sqft
15 Feb 2018RentedNew contract
AED 72,000/yr12 months · AED 77 per sqft
12 Jan 2017RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
1-bed apartment
Size
940 sqft
Floor
17th of 31
Parking
P1-028
Developer
TFG Real Estate
Completed
2014
Service charge
AED 10,100 /yr
Last sold
AED 1.54M · October 2015
Building
The Matrix

About 1708, The Matrix

1708 is a one-bedroom apartment of 940 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 1,537,035, or AED 1,634 per sqft, 10% above the AED 1,485 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 October 2026, is AED 65,000 a year: a gross yield of 4.2% on the 2015 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical one-bed in The Matrix
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,732,618; 2012 AED 1,838,519; 2015 AED 1,580,806; 2016 AED 1,431,650; 2017 AED 1,345,311; 2018 AED 1,425,000; 2019 AED 637,000; 2020 AED 530,000; 2021 AED 715,000; 2022 AED 897,391; 2023 AED 700,000; 2024 AED 775,000; 2025 AED 910,000; 2026 AED 800,000Sold by developer, October 2015: AED 1,537,035 (AED 1,634 per sqft)

1708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, each contractTypical one-bed in The Matrix
40K60K80K2014201820222026Typical rent by year: 2014 AED 83,200; 2015 AED 79,000; 2016 AED 77,400; 2017 AED 74,000; 2018 AED 68,654; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 49,250; 2023 AED 52,500; 2024 AED 62,182; 2025 AED 65,000; 2026 AED 65,000New contract, January 2017: AED 70,000 a yearNew contract, February 2018: AED 72,000 a yearNew contract, November 2018: AED 62,000 a yearNew contract, September 2021: AED 40,000 a yearNew contract, October 2022: AED 48,000 a yearNew contract, October 2023: AED 52,000 a yearNew contract, August 2025: AED 65,000 a yearNew contract, October 2026: AED 65,000 a year

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 1708 sits

All 163 1-beds →

1708 last sold in October 2015 at AED 1,634 per sqft, 10% above what one-beds in The Matrix were fetching at the time (AED 1,485). 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. 1708's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026800,000
17 Jun 2026700,000
4 May 2026900,000
17 Mar 2026860,000
7 1-bed 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
1705StudioAED 621K · Feb 2025
17061-bedAED 925K · Feb 2025
17071-bedAED 710K · Sep 2023
1–7 of 13

1708, The Matrix in numbers

  • Sold once: by TFG Real Estate on 25 October 2015 for AED 1,537,035, or AED 1,634 per sqft.
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 65,000 by October 2026.
  • At AED 65,000 a year the gross yield on the 2015 price is 4.2%, before a service charge of about AED 10,100 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 20 October 2026.

Questions about 1708, The Matrix

What did unit 1708 last sell for?

AED 1,537,035 on 25 October 2015, sold by the developer: AED 1,634 per sqft for 940 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 65,000 a year on the contract signed on 20 October 2026. The previous contract, from August 2025, was AED 65,000; the unit has been rented since January 2017.

How big is unit 1708?

940 sqft (87.3 sqm): a one-bedroom apartment on the 17th floor of a 31-storey tower completed in 2014.

What is unit 1708 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 1708, The Matrix

Starts from the last sale price (AED 1.54M, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,537,035
Deposit, UAE resident (20%)
AED 307,407
Deposit, non-resident (40%)
AED 614,814
Monthly over 25 years at 3.7%
AED 6,288

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