2403, The Matrix
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, The Matrix
What is 2403 worth today?
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Source: Dubai Land Department. Updated 2 June 2023.
Key facts
- Type
- Studio apartment
- Size
- 602 sqft
- Floor
- 24th of 31
- Parking
- P2-043
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 1.18M · November 2017
- Building
- The Matrix
About 2403, The Matrix
2403 is a studio of 602 sqft on the 24th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 28 November 2017 for AED 1,175,000, or AED 1,952 per sqft, 32% above the AED 1,479 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 2 June 2023, is AED 35,665 a year: a gross yield of 3.0% on the 2017 price, before the service charge of about AED 6,500 a year.
Sales and rents for 2403 over time
2403 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 2403 sits
All 204 studios →2403 last sold in November 2017 at AED 1,952 per sqft, 32% above what studios in The Matrix were fetching at the time (AED 1,479). 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. 2403's AED 35,665 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 24th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 900 sqft | AED 630KAED 630,000 · Jun 2019June 2019 | 60,000 /yr | |
| 2402 | 1-bed | 1,177 sqft | AED 1.6MAED 1,600,000 · Nov 2015November 2015 | 76,000 /yr | |
| 2404 | Studio | 610 sqft | AED 700KAED 700,000 · Jan 2020January 2020 | 37,538 /yr | |
| 2405 | Studio | 611 sqft | AED 1.49MAED 1,486,649 · Oct 2015October 2015 | 57,000 /yr | |
| 2406 | 1-bed | 1,159 sqft | AED 1.05MAED 1,045,000 · Aug 2017August 2017 | 79,000 /yr | |
| 2407 | 1-bed | 860 sqft | AED 2.28MAED 2,280,757 · Feb 2011February 2011 | 65,000 /yr | |
| 2408 | 1-bed | 940 sqft | AED 800KAED 800,000 · Apr 2016April 2016 | 50,000 /yr | |
| 2409 | 1-bed | 1,118 sqft | AED 900KAED 900,000 · May 2026May 2026 | 60,000 /yr | |
| 2410 | Studio | 602 sqft | AED 525KAED 525,000 · Jan 2024January 2024 | 31,000 /yr | |
| 2411 | Studio | 612 sqft | AED 1.35MAED 1,350,000 · Sep 2016September 2016 | 55,000 /yr | |
| 2412 | Studio | 606 sqft | AED 505KAED 505,315 · Jul 2023July 2023 | 30,000 /yr | |
| 2413 | Studio | 742 sqft | AED 1.6MAED 1,595,199 · Apr 2018April 2018 | ||
| 2414 | Studio | 611 sqft | AED 500KAED 500,000 · Jan 2019January 2019 | 48,000 /yr |
2403, The Matrix in numbers
- Sold once: by TFG Real Estate on 28 November 2017 for AED 1,175,000, or AED 1,952 per sqft.
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 49,000 to AED 31,000 in 2021 and recovered to AED 35,665 by June 2023.
- At AED 35,665 a year the gross yield on the 2017 price is 3.0%, 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 2 June 2023.
Questions about 2403, The Matrix
What did unit 2403 last sell for?
AED 1,175,000 on 28 November 2017, sold by the developer: AED 1,952 per sqft for 602 sqft. It is the only registered sale of the unit.
What is the rent for unit 2403?
AED 35,665 a year on the contract renewed on 2 June 2023. The previous contract, from June 2022, was AED 35,750; the unit has been rented since July 2017.
How big is unit 2403?
602 sqft (55.9 sqm): a studio on the 24th floor of a 31-storey tower completed in 2014.
What is unit 2403 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 2403, The Matrix
Starts from the last sale price (AED 1.18M, 28 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →