Studio · 601 sqftThe Matrix, Dubai Sports City · 19th floor · completed 2014

1905, The Matrix

Sold prices and rental history: sold 3 times, last in January 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1905 · DLD and Ejari recordsUpdated 16 November 2024
Last soldAED 500K10 January 2019
Current rentAED 50K /yr16 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1905, The Matrix

What is 1905 worth today?

Last sold for AED 500,000 in 2019

Unlock today's estimate, updated daily, with

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

16 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
6 Oct 2022RentedNew contract
AED 39,000/yr12 months · AED 65 per sqft
19 Sep 2021RentedRenewal
AED 31,000/yr12 months · AED 52 per sqft
19 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 63 per sqft
19 Sep 2019RentedNew contract
AED 44,000/yr12 months · AED 73 per sqft
10 Jan 2019SoldReady
AED 500,000AED 831 per sqft
11 Oct 2018SoldReady
AED 600,000AED 998 per sqft
25 Apr 2018RentedNew contract
AED 48,000/yr13 months · AED 80 per sqft

Source: Dubai Land Department. Updated 16 November 2024.

Key facts

Type
Studio apartment
Size
601 sqft
Floor
19th of 31
Parking
P1-052
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 500K · January 2019
Building
The Matrix

About 1905, The Matrix

1905 is a studio of 601 sqft on the 19th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 10 January 2019 for AED 500,000, or AED 831 per sqft, 34% below the AED 1,258 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 16 November 2024, is AED 50,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1905 over time

Sales
Unit 1905, 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, October 2015: AED 812,309 (AED 1,351 per sqft)Sold, October 2018: AED 600,000 (AED 998 per sqft)Sold, January 2019: AED 500,000 (AED 831 per sqft)

1905 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1905, 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, March 2017: AED 49,000 a yearNew contract, April 2018: AED 48,000 a yearNew contract, September 2019: AED 44,000 a yearRenewal, September 2020: AED 38,000 a yearRenewal, September 2021: AED 31,000 a yearNew contract, October 2022: AED 39,000 a yearNew contract, November 2024: AED 50,000 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 1905 sits

All 204 studios →

1905 last sold in January 2019 at AED 831 per sqft, 34% below what studios in The Matrix were fetching at the time (AED 1,258). 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. 1905's AED 50,000 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
1903StudioAED 812K · Feb 2011
1904StudioAED 1.31M · Oct 2015
19061-bedAED 1.7M · Mar 2020
19071-bedAED 730K · Oct 2025
19081-bedAED 800K · Feb 2026
1–7 of 12

1905, The Matrix in numbers

  • Sold 3 times: first on 27 October 2015 for AED 812,309, last on 10 January 2019 for AED 500,000 (AED 831 per sqft).
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 49,000 to AED 31,000 in 2021 and recovered to AED 50,000 by November 2024.
  • At AED 50,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 6,400 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 16 November 2024.

Questions about 1905, The Matrix

What did unit 1905 last sell for?

AED 500,000 on 10 January 2019: AED 831 per sqft for 601 sqft. The unit has 3 registered sales; the first was AED 812,309 in October 2015.

What is the rent for unit 1905?

AED 50,000 a year on the contract signed on 16 November 2024. The previous contract, from October 2022, was AED 39,000; the unit has been rented since March 2017.

How big is unit 1905?

601 sqft (55.8 sqm): a studio on the 19th floor of a 31-storey tower completed in 2014.

What is unit 1905 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 1905? 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 1905, The Matrix

Starts from the last sale price (AED 500K, 10 January 2019). 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 →