2305, The Matrix
Sold prices and rental history: sold twice, last in October 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2305, The Matrix
What is 2305 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 609 sqft
- Floor
- 23rd of 31
- Parking
- P2-032
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 575K · October 2023
- Building
- The Matrix
About 2305, The Matrix
2305 is a studio of 609 sqft on the 23rd floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 4 October 2023 for AED 575,000, or AED 944 per sqft, 19% above the AED 791 studios in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 23 December 2022, is AED 40,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 6,500 a year.
Sales and rents for 2305 over time
2305 has sold twice; the dashed line is the studio median of each year in the building.
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 2305 sits
All 204 studios →2305 last sold in October 2023 at AED 944 per sqft, 19% above what studios in The Matrix were fetching at the time (AED 791). 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. 2305's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 599 sqft | 580,000 | 968 | ||
| 29 Sep 202629 September 2026 | 606 sqft | 550,000 | 906 | ||
| 15 Sep 202615 September 2026 | 611 sqft | 605,571 | 990 | ||
| 14 Sep 202614 September 2026 | 600 sqft | 1,125,000 | 1,875 |
The Matrix
Building377 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%
Other units on the 23rd floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 902 sqft | AED 1.36MAED 1,362,043 · Oct 2015October 2015 | ||
| 2302 | 1-bed | 1,180 sqft | AED 1.2MAED 1,200,000 · Jan 2020January 2020 | 63,000 /yr | |
| 2303 | Studio | 603 sqft | AED 842KAED 841,714 · Feb 2011February 2011 | 55,000 /yr | |
| 2304 | Studio | 612 sqft | AED 1.35MAED 1,350,000 · Mar 2020March 2020 | 47,000 /yr | |
| 2306 | 1-bed | 1,156 sqft | AED 1.55MAED 1,550,000 · Nov 2015November 2015 | 70,000 /yr | |
| 2307 | 1-bed | 860 sqft | AED 600KAED 600,000 · Feb 2019February 2019 | 65,000 /yr | |
| 2308 | 1-bed | 940 sqft | AED 1.22MAED 1,215,000 · Feb 2018February 2018 | 55,181 /yr | |
| 2309 | 1-bed | 1,119 sqft | AED 1.6MAED 1,600,000 · Mar 2016March 2016 | 80,000 /yr | |
| 2310 | Studio | 603 sqft | AED 1.4MAED 1,400,000 · Dec 2015December 2015 | 55,001 /yr | |
| 2311 | Studio | 613 sqft | AED 830KAED 830,209 · Aug 2016August 2016 | 48,000 /yr | |
| 2312 | Studio | 605 sqft | AED 439KAED 439,000 · Aug 2021August 2021 | 46,200 /yr | |
| 2313 | Studio | 739 sqft | AED 1.41MAED 1,410,002 · Jan 2018January 2018 | 45,000 /yr | |
| 2314 | Studio | 607 sqft | AED 479KAED 479,000 · Aug 2021August 2021 | 54,150 /yr |
2305, The Matrix in numbers
- Sold twice: first on 1 March 2016 for AED 940,740, last on 4 October 2023 for AED 575,000 (AED 944 per sqft).
- Rented since February 2016 on 3 Ejari contracts, from AED 65,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 7.0%, 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 4 October 2023.
Questions about 2305, The Matrix
What did unit 2305 last sell for?
AED 575,000 on 4 October 2023: AED 944 per sqft for 609 sqft. The unit has 2 registered sales; the first was AED 940,740 in March 2016.
What is the rent for unit 2305?
AED 40,000 a year on the contract signed on 23 December 2022. The previous contract, from October 2018, was AED 45,000; the unit has been rented since February 2016.
How big is unit 2305?
609 sqft (56.6 sqm): a studio on the 23rd floor of a 31-storey tower completed in 2014.
What is unit 2305 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 2305? 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.
Mortgage on 2305, The Matrix
Starts from the last sale price (AED 575K, 4 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →