1-bed · 1,130 sqftThe Matrix, Dubai Sports City · 17th floor · completed 2014

1709, The Matrix

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 18 September 2025
Last soldAED 1.99M17 March 2016
Current rentAED 55K /yr18 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, The Matrix

What is 1709 worth today?

Last sold for AED 1,994,205 in 2016

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18 Sep 2025RentedRenewal
AED 54,574/yr12 months · AED 48 per sqft
18 Sep 2024RentedRenewal
AED 51,975/yr12 months · AED 46 per sqft
18 Sep 2023RentedRenewal
AED 49,500/yr12 months · AED 44 per sqft
18 Sep 2022RentedRenewal
AED 49,500/yr12 months · AED 44 per sqft
18 Sep 2021RentedRenewal
AED 49,500/yr12 months · AED 44 per sqft
18 Mar 2021RentedNew contract
AED 49,500/yr6 months · AED 44 per sqft
12 Feb 2020RentedRenewal
AED 56,517/yr9 months · AED 50 per sqft
12 Feb 2019RentedRenewal
AED 72,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 18 September 2025.

Key facts

Type
1-bed apartment
Size
1,130 sqft
Floor
17th of 31
Parking
P1-029
Developer
TFG Real Estate
Completed
2014
Service charge
AED 12,100 /yr
Last sold
AED 1.99M · March 2016
Building
The Matrix

About 1709, The Matrix

1709 is a one-bedroom apartment of 1,130 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 17 March 2016 for AED 1,994,205, or AED 1,764 per sqft, 21% above the AED 1,454 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 18 September 2025, is AED 54,574 a year: a gross yield of 2.7% on the 2016 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1709 over time

Sales
Unit 1709, 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, March 2016: AED 1,994,205 (AED 1,764 per sqft)

1709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1709, 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, February 2015: AED 81,400 a yearNew contract, February 2017: AED 81,400 a yearRenewal, February 2018: AED 86,400 a yearRenewal, February 2019: AED 72,000 a yearRenewal, February 2020: AED 56,517 a yearNew contract, March 2021: AED 49,500 a yearRenewal, September 2021: AED 49,500 a yearRenewal, September 2022: AED 49,500 a yearRenewal, September 2023: AED 49,500 a yearRenewal, September 2024: AED 51,975 a yearRenewal, September 2025: AED 54,574 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 1709 sits

All 163 1-beds →

1709 last sold in March 2016 at AED 1,764 per sqft, 21% above what one-beds in The Matrix were fetching at the time (AED 1,454). 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. 1709's AED 54,574 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

1709, The Matrix in numbers

  • Sold once: by TFG Real Estate on 17 March 2016 for AED 1,994,205, or AED 1,764 per sqft.
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 81,400 to AED 49,500 in 2023 and recovered to AED 54,574 by September 2025.
  • At AED 54,574 a year the gross yield on the 2016 price is 2.7%, before a service charge of about AED 12,100 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 18 September 2025.

Questions about 1709, The Matrix

What did unit 1709 last sell for?

AED 1,994,205 on 17 March 2016, sold by the developer: AED 1,764 per sqft for 1,130 sqft. It is the only registered sale of the unit.

What is the rent for unit 1709?

AED 54,574 a year on the contract renewed on 18 September 2025. The previous contract, from September 2024, was AED 51,975; the unit has been rented since February 2015.

How big is unit 1709?

1,130 sqft (105.0 sqm): a one-bedroom apartment on the 17th floor of a 31-storey tower completed in 2014.

What is unit 1709 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 1709, The Matrix

Starts from the last sale price (AED 1.99M, 17 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,994,205
Deposit, UAE resident (20%)
AED 398,841
Deposit, non-resident (40%)
AED 797,682
Monthly over 25 years at 3.7%
AED 8,159

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