2407, The Matrix
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, The Matrix
What is 2407 worth today?
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Source: Dubai Land Department. Updated 3 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 860 sqft
- Floor
- 24th of 31
- Parking
- P2-047
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 9,200 /yr
- Last sold
- AED 2.28M · February 2011
- Building
- The Matrix
About 2407, The Matrix
2407 is a one-bedroom apartment of 860 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 24 February 2011 for AED 2,280,757, or AED 2,650 per sqft, 62% above the AED 1,635 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 3 April 2026, is AED 65,000 a year: a gross yield of 2.9% on the 2011 price, before the service charge of about AED 9,200 a year.
Sales and rents for 2407 over time
2407 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Matrix, and where 2407 sits
All 163 1-beds →2407 last sold in February 2011 at AED 2,650 per sqft, 62% above what one-beds in The Matrix were fetching at the time (AED 1,635). Over the last 12 months one-beds sold for AED 700,000 to 966,350, around AED 838 per sqft, and rent for AED 52,800 to 95,000 a year. 2407's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 923 sqft | 800,000 | 866 | ||
| 17 Jun 202617 June 2026 | 923 sqft | 700,000 | 758 | ||
| 4 May 20264 May 2026 | 1,118 sqft | 900,000 | 804 | ||
| 17 Mar 202617 March 2026 | 1,252 sqft | 860,000 | 686 |
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 | |
| 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 | |
| 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 |
2407, The Matrix in numbers
- Sold once: by TFG Real Estate on 24 February 2011 for AED 2,280,757, or AED 2,650 per sqft.
- Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 64,000 to AED 41,000 in 2022 and recovered to AED 65,000 by April 2026.
- At AED 65,000 a year the gross yield on the 2011 price is 2.9%, before a service charge of about AED 9,200 a year (AED 10.72 per sqft).
- One-beds in The Matrix sold for AED 700,000–966,350 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.
Source: Dubai Land Department. Updated 3 April 2026.
Questions about 2407, The Matrix
What did unit 2407 last sell for?
AED 2,280,757 on 24 February 2011, sold by the developer: AED 2,650 per sqft for 860 sqft. It is the only registered sale of the unit.
What is the rent for unit 2407?
AED 65,000 a year on the contract renewed on 3 April 2026. The previous contract, from April 2025, was AED 65,000; the unit has been rented since October 2018.
How big is unit 2407?
860 sqft (79.9 sqm): a one-bedroom apartment on the 24th floor of a 31-storey tower completed in 2014.
What is unit 2407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Matrix sold for AED 700,000 to 966,350 in the last 12 months, around AED 838 per sqft.
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Mortgage on 2407, The Matrix
Starts from the last sale price (AED 2.28M, 24 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,280,757
- Deposit, UAE resident (20%)
- AED 456,151
- Deposit, non-resident (40%)
- AED 912,303
- Monthly over 25 years at 3.7%
- AED 9,331
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →