Studio · 739 sqftThe Matrix, Dubai Sports City · 23rd floor · completed 2014

2313, The Matrix

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2313 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 1.41M29 January 2018
Current rentAED 45K /yr18 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2313, The Matrix

What is 2313 worth today?

Last sold for AED 1,410,002 in 2018

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18 Sep 2023RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
15 Aug 2022RentedRenewal
AED 33,600/yr12 months · AED 45 per sqft
15 Aug 2021RentedNew contract
AED 32,000/yr12 months · AED 43 per sqft
25 Jun 2018RentedNew contract
AED 46,000/yr12 months · AED 62 per sqft
29 Jan 2018Sold by developerReady
AED 1,410,002AED 1,906 per sqft

Source: Dubai Land Department. Updated 18 September 2023.

Key facts

Type
Studio apartment
Size
739 sqft
Floor
23rd of 31
Parking
P2-039
Developer
TFG Real Estate
Completed
2014
Service charge
AED 7,900 /yr
Last sold
AED 1.41M · January 2018
Building
The Matrix

About 2313, The Matrix

2313 is a studio of 739 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 29 January 2018 for AED 1,410,002, or AED 1,906 per sqft, 22% above the AED 1,556 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 18 September 2023, is AED 45,000 a year: a gross yield of 3.2% on the 2018 price, before the service charge of about AED 7,900 a year.

Sales and rents for 2313 over time

Sales
Unit 2313, 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, January 2018: AED 1,410,002 (AED 1,906 per sqft)

2313 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2313, 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, June 2018: AED 46,000 a yearNew contract, August 2021: AED 32,000 a yearRenewal, August 2022: AED 33,600 a yearNew contract, September 2023: AED 45,000 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 2313 sits

All 204 studios →

2313 last sold in January 2018 at AED 1,906 per sqft, 22% above what studios in The Matrix were fetching at the time (AED 1,556). 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. 2313's AED 45,000 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
2304StudioAED 1.35M · Mar 2020
2305StudioAED 575K · Oct 2023
23061-bedAED 1.55M · Nov 2015
23071-bedAED 600K · Feb 2019
1–7 of 13

2313, The Matrix in numbers

  • Sold once: by TFG Real Estate on 29 January 2018 for AED 1,410,002, or AED 1,906 per sqft.
  • Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 46,000 to AED 32,000 in 2021 and recovered to AED 45,000 by September 2023.
  • At AED 45,000 a year the gross yield on the 2018 price is 3.2%, before a service charge of about AED 7,900 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 18 September 2023.

Questions about 2313, The Matrix

What did unit 2313 last sell for?

AED 1,410,002 on 29 January 2018, sold by the developer: AED 1,906 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 2313?

AED 45,000 a year on the contract signed on 18 September 2023. The previous contract, from August 2022, was AED 33,600; the unit has been rented since June 2018.

How big is unit 2313?

739 sqft (68.7 sqm): a studio on the 23rd floor of a 31-storey tower completed in 2014.

What is unit 2313 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 2313, The Matrix

Starts from the last sale price (AED 1.41M, 29 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,002
Deposit, UAE resident (20%)
AED 282,000
Deposit, non-resident (40%)
AED 564,001
Monthly over 25 years at 3.7%
AED 5,769

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