1711, The Matrix
Sold prices and rental history: sold twice, last in February 2022, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1711, The Matrix
What is 1711 worth today?
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Source: Dubai Land Department. Updated 25 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 607 sqft
- Floor
- 17th of 31
- Parking
- P1-031
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 500K · February 2022
- Building
- The Matrix
About 1711, The Matrix
1711 is a studio of 607 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 28 February 2022 for AED 500,000, or AED 823 per sqft, 24% above the AED 665 studios in the building were fetching at the time.
One Ejari contract is registered, from 25 September 2024. The current contract, signed on 25 September 2024, is AED 53,000 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1711 over time
1711 has sold twice; 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 1711 sits
All 204 studios →1711 last sold in February 2022 at AED 823 per sqft, 24% above what studios in The Matrix were fetching at the time (AED 665). 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. 1711's AED 53,000 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 | |
| 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 | |
| 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 |
1711, The Matrix in numbers
- Sold twice: first on 9 December 2021 for AED 781,967, last on 28 February 2022 for AED 500,000 (AED 823 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2022 price is 10.6%, 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 25 September 2024.
Questions about 1711, The Matrix
What did unit 1711 last sell for?
AED 500,000 on 28 February 2022: AED 823 per sqft for 607 sqft. The unit has 2 registered sales; the first was AED 781,967 in December 2021.
What is the rent for unit 1711?
AED 53,000 a year on the contract signed on 25 September 2024.
How big is unit 1711?
607 sqft (56.4 sqm): a studio on the 17th floor of a 31-storey tower completed in 2014.
What is unit 1711 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 1711, The Matrix
Starts from the last sale price (AED 500K, 28 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →