2404, The Matrix
Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, The Matrix
What is 2404 worth today?
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Source: Dubai Land Department. Updated 24 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 610 sqft
- Floor
- 24th of 31
- Parking
- P2-044
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 700K · January 2020
- Building
- The Matrix
About 2404, The Matrix
2404 is a studio of 610 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 7 January 2020 for AED 700,000, or AED 1,147 per sqft, 37% above the AED 835 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 24 December 2025, is AED 37,538 a year: a gross yield of 5.4% on the 2020 price, before the service charge of about AED 6,500 a year.
Sales and rents for 2404 over time
2404 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 2404 sits
All 204 studios →2404 last sold in January 2020 at AED 1,147 per sqft, 37% above what studios in The Matrix were fetching at the time (AED 835). 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. 2404's AED 37,538 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 | |
| 2403 | Studio | 602 sqft | AED 1.18MAED 1,175,000 · Nov 2017November 2017 | 35,665 /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 |
2404, The Matrix in numbers
- Sold once: by TFG Real Estate on 7 January 2020 for AED 700,000, or AED 1,147 per sqft.
- Rented since March 2020 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 31,000 in 2020 and recovered to AED 37,538 by December 2025.
- At AED 37,538 a year the gross yield on the 2020 price is 5.4%, 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 24 December 2025.
Questions about 2404, The Matrix
What did unit 2404 last sell for?
AED 700,000 on 7 January 2020, sold by the developer: AED 1,147 per sqft for 610 sqft. It is the only registered sale of the unit.
What is the rent for unit 2404?
AED 37,538 a year on the contract renewed on 24 December 2025. The previous contract, from December 2024, was AED 34,125; the unit has been rented since March 2020.
How big is unit 2404?
610 sqft (56.7 sqm): a studio on the 24th floor of a 31-storey tower completed in 2014.
What is unit 2404 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 2404, The Matrix
Starts from the last sale price (AED 700K, 7 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →