2311, The Matrix
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2311, The Matrix
What is 2311 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 613 sqft
- Floor
- 23rd of 31
- Parking
- P2-037
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,600 /yr
- Last sold
- AED 830K · August 2016
- Building
- The Matrix
About 2311, The Matrix
2311 is a studio of 613 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 16 August 2016 for AED 830,209, or AED 1,354 per sqft, 17% below the AED 1,638 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 15 September 2026, is AED 48,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 6,600 a year.
Sales and rents for 2311 over time
2311 has sold once; 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 2311 sits
All 204 studios →2311 last sold in August 2016 at AED 1,354 per sqft, 17% below what studios in The Matrix were fetching at the time (AED 1,638). 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. 2311's AED 48,000 is in the upper 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 | |
| 2305 | Studio | 609 sqft | AED 575KAED 575,000 · Oct 2023October 2023 | 40,000 /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 | |
| 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 |
2311, The Matrix in numbers
- Sold once: by TFG Real Estate on 16 August 2016 for AED 830,209, or AED 1,354 per sqft.
- Rented since June 2018 on 10 Ejari contracts. The rent fell from AED 49,000 to AED 30,000 in 2021 and recovered to AED 48,000 by September 2026.
- At AED 48,000 a year the gross yield on the 2016 price is 5.8%, 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 15 September 2026.
Questions about 2311, The Matrix
What did unit 2311 last sell for?
AED 830,209 on 16 August 2016, sold by the developer: AED 1,354 per sqft for 613 sqft. It is the only registered sale of the unit.
What is the rent for unit 2311?
AED 48,000 a year on the contract signed on 15 September 2026. The previous contract, from June 2025, was AED 36,383; the unit has been rented since June 2018.
How big is unit 2311?
613 sqft (56.9 sqm): a studio on the 23rd floor of a 31-storey tower completed in 2014.
What is unit 2311 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 2311, The Matrix
Starts from the last sale price (AED 830K, 16 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 830,209
- Deposit, UAE resident (20%)
- AED 166,042
- Deposit, non-resident (40%)
- AED 332,084
- Monthly over 25 years at 3.7%
- AED 3,397
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →