Studio · 605 sqftThe Matrix, Dubai Sports City · 23rd floor · completed 2014

2312, The Matrix

Sold prices and rental history: sold 5 times, last in August 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2312 · DLD and Ejari recordsUpdated 10 August 2021
Last soldAED 439K10 August 2021
Current rentAED 46K /yr5 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2312, The Matrix

What is 2312 worth today?

Last sold for AED 439,000 in 2021

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10 Aug 2021SoldReady
AED 439,000AED 726 per sqft
14 Jun 2021SoldReady
AED 380,000AED 628 per sqft
15 Apr 2021SoldReady
AED 330,000AED 545 per sqft
1 Nov 2020SoldReady
AED 330,000AED 545 per sqft
5 Mar 2020RentedNew contract
AED 46,200/yr6 months · AED 76 per sqft
24 Jun 2019RentedRenewal
AED 50,600/yr6 months · AED 84 per sqft
24 Jun 2018RentedNew contract
AED 49,000/yr12 months · AED 81 per sqft
2 Nov 2015Sold by developerReady
AED 825,209AED 1,365 per sqft

Source: Dubai Land Department. Updated 10 August 2021.

Key facts

Type
Studio apartment
Size
605 sqft
Floor
23rd of 31
Parking
P2-038
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 439K · August 2021
Building
The Matrix

About 2312, The Matrix

2312 is a studio of 605 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 10 August 2021 for AED 439,000, or AED 726 per sqft, 16% above the AED 628 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 5 March 2020, is AED 46,200 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2312 over time

Sales
Unit 2312, 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, November 2015: AED 825,209 (AED 1,365 per sqft)Sold, November 2020: AED 330,000 (AED 545 per sqft)Sold, April 2021: AED 330,000 (AED 545 per sqft)Sold, June 2021: AED 380,000 (AED 628 per sqft)Sold, August 2021: AED 439,000 (AED 726 per sqft)

2312 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2312, 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 2015: AED 57,609 a yearNew contract, June 2018: AED 49,000 a yearRenewal, June 2019: AED 50,600 a yearNew contract, March 2020: AED 46,200 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 2312 sits

All 204 studios →

2312 last sold in August 2021 at AED 726 per sqft, 16% above what studios in The Matrix were fetching at the time (AED 628). 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. 2312's AED 46,200 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
2304StudioAED 1.35M · Mar 2020
2305StudioAED 575K · Oct 2023
23061-bedAED 1.55M · Nov 2015
23071-bedAED 600K · Feb 2019
1–7 of 13

2312, The Matrix in numbers

  • Sold 5 times: first on 2 November 2015 for AED 825,209, last on 10 August 2021 for AED 439,000 (AED 726 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 57,609 to AED 46,200 a year.
  • At AED 46,200 a year the gross yield on the 2021 price is 10.5%, 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 10 August 2021.

Questions about 2312, The Matrix

What did unit 2312 last sell for?

AED 439,000 on 10 August 2021: AED 726 per sqft for 605 sqft. The unit has 5 registered sales; the first was AED 825,209 in November 2015.

What is the rent for unit 2312?

AED 46,200 a year on the contract signed on 5 March 2020. The previous contract, from June 2019, was AED 50,600; the unit has been rented since March 2015.

How big is unit 2312?

605 sqft (56.2 sqm): a studio on the 23rd floor of a 31-storey tower completed in 2014.

What is unit 2312 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 2312, The Matrix

Starts from the last sale price (AED 439K, 10 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 439,000
Deposit, UAE resident (20%)
AED 87,800
Deposit, non-resident (40%)
AED 175,600
Monthly over 25 years at 3.7%
AED 1,796

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