Studio · 614 sqftThe Matrix, Dubai Sports City · 18th floor · completed 2014

1803, The Matrix

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 2 January 2022
Last soldAED 908K5 February 2017
Current rentAED 32K /yr2 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, The Matrix

What is 1803 worth today?

Last sold for AED 907,876 in 2017

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2 Jan 2022RentedRenewal
AED 31,500/yr12 months · AED 51 per sqft
2 Jan 2021RentedRenewal
AED 30,000/yr12 months · AED 49 per sqft
2 Jan 2020RentedNew contract · flagged as an outlier
AED 3,700/yr12 months · AED 6 per sqft
9 Sep 2018RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
13 Jul 2017RentedNew contract
AED 60,000/yr12 months · AED 98 per sqft
5 Feb 2017Sold by developerReady
AED 907,876AED 1,479 per sqft
12 Jul 2016RentedNew contract
AED 58,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 2 January 2022.

Key facts

Type
Studio apartment
Size
614 sqft
Floor
18th of 31
Parking
P1-036
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 908K · February 2017
Building
The Matrix

About 1803, The Matrix

1803 is a studio of 614 sqft on the 18th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 5 February 2017 for AED 907,876, or AED 1,479 per sqft, 8% below the AED 1,606 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 2 January 2022, is AED 31,500 a year: a gross yield of 3.5% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, February 2017: AED 907,876 (AED 1,479 per sqft)

1803 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1803, 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, July 2016: AED 58,000 a yearNew contract, July 2017: AED 60,000 a yearNew contract, September 2018: AED 45,000 a yearRenewal, January 2021: AED 30,000 a yearRenewal, January 2022: AED 31,500 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 1803 sits

All 204 studios →

1803 last sold in February 2017 at AED 1,479 per sqft, 8% below what studios in The Matrix were fetching at the time (AED 1,606). 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. 1803's AED 31,500 is in the lower 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 18th floor

All 377 units in The Matrix
Value
18011-bedAED 1.31M · Oct 2015
18021-bedAED 1.2M · Oct 2020
1804StudioAED 1.46M · Oct 2015
1805StudioAED 1.17M · Feb 2016
18061-bedAED 2.08M · Mar 2015
18071-bedAED 1.09M · Feb 2011
18081-bedAED 1.32M · Nov 2015
1–7 of 13

1803, The Matrix in numbers

  • Sold once: by TFG Real Estate on 5 February 2017 for AED 907,876, or AED 1,479 per sqft.
  • Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 3,700 in 2020 and recovered to AED 31,500 by January 2022.
  • At AED 31,500 a year the gross yield on the 2017 price is 3.5%, before a service charge of about AED 6,600 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 2 January 2022.

Questions about 1803, The Matrix

What did unit 1803 last sell for?

AED 907,876 on 5 February 2017, sold by the developer: AED 1,479 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 1803?

AED 31,500 a year on the contract renewed on 2 January 2022. The previous contract, from January 2021, was AED 30,000; the unit has been rented since July 2016.

How big is unit 1803?

614 sqft (57.0 sqm): a studio on the 18th floor of a 31-storey tower completed in 2014.

What is unit 1803 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 1803, The Matrix

Starts from the last sale price (AED 908K, 5 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 907,876
Deposit, UAE resident (20%)
AED 181,575
Deposit, non-resident (40%)
AED 363,150
Monthly over 25 years at 3.7%
AED 3,714

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