Studio · 612 sqftThe Matrix, Dubai Sports City · 23rd floor · completed 2014

2304, The Matrix

Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 1.35M2 March 2020
Current rentAED 47K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, The Matrix

What is 2304 worth today?

Last sold for AED 1,350,000 in 2020

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8 Jul 2026RentedNew contract
AED 47,000/yr12 months · AED 77 per sqft
25 Nov 2025RentedRenewal
AED 39,690/yr12 months · AED 65 per sqft
25 Nov 2024RentedRenewal
AED 37,800/yr12 months · AED 62 per sqft
25 Nov 2023RentedRenewal
AED 36,000/yr12 months · AED 59 per sqft
25 Nov 2022RentedRenewal
AED 36,000/yr12 months · AED 59 per sqft
25 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
10 May 2021RentedNew contract
AED 31,000/yr6 months · AED 51 per sqft
2 Mar 2020Sold by developerReady
AED 1,350,000AED 2,204 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
Studio apartment
Size
612 sqft
Floor
23rd of 31
Parking
P2-031
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 1.35M · March 2020
Building
The Matrix

About 2304, The Matrix

2304 is a studio of 612 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 2 March 2020 for AED 1,350,000, or AED 2,204 per sqft, 110% above the AED 1,051 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 8 July 2026, is AED 47,000 a year: a gross yield of 3.5% on the 2020 price, before the service charge of about AED 6,600 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical studio in The Matrix
500K1M1.5M20112015201920232027Typical 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, March 2020: AED 1,350,000 (AED 2,204 per sqft)

2304 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2304, 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, April 2019: AED 48,000 a yearNew contract, January 2020: AED 42,000 a yearNew contract, May 2021: AED 31,000 a yearNew contract, November 2021: AED 36,000 a yearRenewal, November 2022: AED 36,000 a yearRenewal, November 2023: AED 36,000 a yearRenewal, November 2024: AED 37,800 a yearRenewal, November 2025: AED 39,690 a yearNew contract, July 2026: AED 47,000 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 2304 sits

All 204 studios →

2304 last sold in March 2020 at AED 2,204 per sqft, 110% above what studios in The Matrix were fetching at the time (AED 1,051). 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. 2304's AED 47,000 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
2303StudioAED 842K · Feb 2011
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

2304, The Matrix in numbers

  • Sold once: by TFG Real Estate on 2 March 2020 for AED 1,350,000, or AED 2,204 per sqft.
  • Rented since April 2019 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 31,000 in 2021 and recovered to AED 47,000 by July 2026.
  • At AED 47,000 a year the gross yield on the 2020 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 8 July 2026.

Questions about 2304, The Matrix

What did unit 2304 last sell for?

AED 1,350,000 on 2 March 2020, sold by the developer: AED 2,204 per sqft for 612 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 47,000 a year on the contract signed on 8 July 2026. The previous contract, from November 2025, was AED 39,690; the unit has been rented since April 2019.

How big is unit 2304?

612 sqft (56.9 sqm): a studio on the 23rd floor of a 31-storey tower completed in 2014.

What is unit 2304 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 2304, The Matrix

Starts from the last sale price (AED 1.35M, 2 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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