2405, The Matrix
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2405, The Matrix
What is 2405 worth today?
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Source: Dubai Land Department. Updated 9 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 611 sqft
- Floor
- 24th of 31
- Parking
- P2-045
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,600 /yr
- Last sold
- AED 1.49M · October 2015
- Building
- The Matrix
About 2405, The Matrix
2405 is a studio of 611 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 12 October 2015 for AED 1,486,649, or AED 2,431 per sqft, 82% above the AED 1,335 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 9 September 2025, is AED 57,000 a year: a gross yield of 3.8% on the 2015 price, before the service charge of about AED 6,600 a year.
Sales and rents for 2405 over time
2405 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 2405 sits
All 204 studios →2405 last sold in October 2015 at AED 2,431 per sqft, 82% above what studios in The Matrix were fetching at the time (AED 1,335). 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. 2405's AED 57,000 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 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 | |
| 2404 | Studio | 610 sqft | AED 700KAED 700,000 · Jan 2020January 2020 | 37,538 /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 |
2405, The Matrix in numbers
- Sold once: by TFG Real Estate on 12 October 2015 for AED 1,486,649, or AED 2,431 per sqft.
- Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 31,000 in 2021 and recovered to AED 57,000 by September 2025.
- At AED 57,000 a year the gross yield on the 2015 price is 3.8%, 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 9 September 2025.
Questions about 2405, The Matrix
What did unit 2405 last sell for?
AED 1,486,649 on 12 October 2015, sold by the developer: AED 2,431 per sqft for 611 sqft. It is the only registered sale of the unit.
What is the rent for unit 2405?
AED 57,000 a year on the contract signed on 9 September 2025. The previous contract, from July 2024, was AED 44,000; the unit has been rented since May 2019.
How big is unit 2405?
611 sqft (56.8 sqm): a studio on the 24th floor of a 31-storey tower completed in 2014.
What is unit 2405 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 2405, The Matrix
Starts from the last sale price (AED 1.49M, 12 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,486,649
- Deposit, UAE resident (20%)
- AED 297,330
- Deposit, non-resident (40%)
- AED 594,660
- Monthly over 25 years at 3.7%
- AED 6,082
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →