Studio · 603 sqftThe Matrix, Dubai Sports City · 23rd floor · completed 2014

2303, The Matrix

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 6 December 2025
Last soldAED 842K14 February 2011
Current rentAED 55K /yr6 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, The Matrix

What is 2303 worth today?

Last sold for AED 841,714 in 2011

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6 Dec 2025RentedRenewal
AED 55,000/yr12 months · AED 91 per sqft
6 Dec 2024RentedNew contract
AED 55,000/yr12 months · AED 91 per sqft
13 Nov 2023RentedRenewal
AED 32,550/yr12 months · AED 54 per sqft
13 Nov 2022RentedRenewal
AED 32,550/yr12 months · AED 54 per sqft
13 Nov 2021RentedNew contract
AED 31,000/yr12 months · AED 51 per sqft
13 Nov 2019RentedNew contract
AED 42,000/yr12 months · AED 70 per sqft
6 Nov 2016RentedNew contract
AED 52,600/yr12 months · AED 87 per sqft
14 Feb 2011Sold by developerOff-plan
AED 841,714AED 1,394 per sqft

Source: Dubai Land Department. Updated 6 December 2025.

Key facts

Type
Studio apartment
Size
603 sqft
Floor
23rd of 31
Parking
P2-030
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 842K · February 2011
Building
The Matrix

About 2303, The Matrix

2303 is a studio of 603 sqft on the 23rd floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 14 February 2011 for AED 841,714, or AED 1,394 per sqft, 6% below the AED 1,481 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 6 December 2025, is AED 55,000 a year: a gross yield of 6.5% on the 2011 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, 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 841,714 (AED 1,394 per sqft)

2303 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2303, 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, November 2016: AED 52,600 a yearNew contract, November 2019: AED 42,000 a yearNew contract, November 2021: AED 31,000 a yearRenewal, November 2022: AED 32,550 a yearRenewal, November 2023: AED 32,550 a yearNew contract, December 2024: AED 55,000 a yearRenewal, December 2025: AED 55,000 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 2303 sits

All 204 studios →

2303 last sold in February 2011 at AED 1,394 per sqft, 6% 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. 2303's AED 55,000 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 23rd floor

All 377 units in The Matrix
Value
23011-bedAED 1.36M · Oct 2015
23021-bedAED 1.2M · Jan 2020
2304StudioAED 1.35M · Mar 2020
2305StudioAED 575K · Oct 2023
23061-bedAED 1.55M · Nov 2015
23071-bedAED 600K · Feb 2019
23081-bedAED 1.22M · Feb 2018
1–7 of 13

2303, The Matrix in numbers

  • Sold once: by TFG Real Estate on 14 February 2011 for AED 841,714, or AED 1,394 per sqft.
  • Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 52,600 to AED 31,000 in 2021 and recovered to AED 55,000 by December 2025.
  • At AED 55,000 a year the gross yield on the 2011 price is 6.5%, 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 6 December 2025.

Questions about 2303, The Matrix

What did unit 2303 last sell for?

AED 841,714 on 14 February 2011, sold by the developer: AED 1,394 per sqft for 603 sqft. It is the only registered sale of the unit.

What is the rent for unit 2303?

AED 55,000 a year on the contract renewed on 6 December 2025. The previous contract, from December 2024, was AED 55,000; the unit has been rented since November 2016.

How big is unit 2303?

603 sqft (56.0 sqm): a studio on the 23rd floor of a 31-storey tower completed in 2014.

What is unit 2303 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 2303, The Matrix

Starts from the last sale price (AED 842K, 14 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 841,714
Deposit, UAE resident (20%)
AED 168,343
Deposit, non-resident (40%)
AED 336,686
Monthly over 25 years at 3.7%
AED 3,444

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