Studio · 612 sqftThe Matrix, Dubai Sports City · 19th floor · completed 2014

1903, The Matrix

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 812K20 February 2011
Current rentAED 51K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, The Matrix

What is 1903 worth today?

Last sold for AED 812,309 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Sep 2026RentedRenewal
AED 50,820/yr5 months · AED 83 per sqft
5 Sep 2025RentedRenewal
AED 44,000/yr12 months · AED 72 per sqft
5 Sep 2024RentedRenewal
AED 44,000/yr12 months · AED 72 per sqft
5 Sep 2023RentedNew contract
AED 44,000/yr12 months · AED 72 per sqft
28 Mar 2023RentedNew contract
AED 32,550/yr12 months · AED 53 per sqft
28 Mar 2022RentedRenewal
AED 32,550/yr12 months · AED 53 per sqft
28 Mar 2021RentedRenewal
AED 31,000/yr12 months · AED 51 per sqft
28 Mar 2020RentedRenewal
AED 40,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
Studio apartment
Size
612 sqft
Floor
19th of 31
Parking
P1-050
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 812K · February 2011
Building
The Matrix

About 1903, The Matrix

1903 is a studio of 612 sqft on the 19th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 20 February 2011 for AED 812,309, or AED 1,326 per sqft, 10% below the AED 1,481 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 50,820 a year: a gross yield of 6.3% on the 2011 price, before the service charge of about AED 6,600 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, 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 2011: AED 812,309 (AED 1,326 per sqft)

1903 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1903, 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, February 2015: AED 54,000 a yearNew contract, February 2017: AED 54,000 a yearRenewal, March 2019: AED 47,000 a yearRenewal, March 2020: AED 40,000 a yearRenewal, March 2021: AED 31,000 a yearRenewal, March 2022: AED 32,550 a yearNew contract, March 2023: AED 32,550 a yearNew contract, September 2023: AED 44,000 a yearRenewal, September 2024: AED 44,000 a yearRenewal, September 2025: AED 44,000 a yearRenewal, September 2026: AED 50,820 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 1903 sits

All 204 studios →

1903 last sold in February 2011 at AED 1,326 per sqft, 10% below what studios in The Matrix were fetching at the time (AED 1,481). 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. 1903's AED 50,820 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 19th floor

All 377 units in The Matrix
Value
19011-bedAED 1.31M · Nov 2015
19021-bedAED 1.05M · Mar 2016
1904StudioAED 1.31M · Oct 2015
1905StudioAED 500K · Jan 2019
19061-bedAED 1.7M · Mar 2020
19071-bedAED 730K · Oct 2025
19081-bedAED 800K · Feb 2026
1–7 of 12

1903, The Matrix in numbers

  • Sold once: by TFG Real Estate on 20 February 2011 for AED 812,309, or AED 1,326 per sqft.
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 54,000 to AED 31,000 in 2021 and recovered to AED 50,820 by September 2026.
  • At AED 50,820 a year the gross yield on the 2011 price is 6.3%, 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 5 September 2026.

Questions about 1903, The Matrix

What did unit 1903 last sell for?

AED 812,309 on 20 February 2011, sold by the developer: AED 1,326 per sqft for 612 sqft. It is the only registered sale of the unit.

What is the rent for unit 1903?

AED 50,820 a year on the contract renewed on 5 September 2026. The previous contract, from September 2025, was AED 44,000; the unit has been rented since February 2015.

How big is unit 1903?

612 sqft (56.9 sqm): a studio on the 19th floor of a 31-storey tower completed in 2014.

What is unit 1903 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.

Selling 1903? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1903, The Matrix

Starts from the last sale price (AED 812K, 20 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 812,309
Deposit, UAE resident (20%)
AED 162,462
Deposit, non-resident (40%)
AED 324,924
Monthly over 25 years at 3.7%
AED 3,323

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