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Studio · 606 sqftThe Matrix, Dubai Sports City · 24th floor · completed 2014

2412, The Matrix

Sold prices and rental history: sold twice, last in July 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2412 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 505K13 July 2023
Current rentAED 30K /yr4 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2412, The Matrix

What is 2412 worth today?

Last sold for AED 505,315 in 2023

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13 Jul 2023SoldReady
AED 505,315AED 833 per sqft
4 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 50 per sqft
26 May 2019RentedNew contract
AED 48,000/yr12 months · AED 79 per sqft
25 Feb 2017RentedNew contract
AED 52,700/yr12 months · AED 87 per sqft
27 Dec 2015Sold by developerReady
AED 1,046,992AED 1,727 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
Studio apartment
Size
606 sqft
Floor
24th of 31
Parking
P2-052
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 505K · July 2023
Building
The Matrix

About 2412, The Matrix

2412 is a studio of 606 sqft on the 24th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 13 July 2023 for AED 505,315, or AED 833 per sqft, 10% above the AED 758 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 4 March 2021, is AED 30,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2412 over time

Sales
Unit 2412, each saleTypical studio in The Matrix
500K1M20112015201920232027Typical 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, December 2015: AED 1,046,992 (AED 1,727 per sqft)Sold, July 2023: AED 505,315 (AED 833 per sqft)

2412 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2412, 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, February 2017: AED 52,700 a yearNew contract, May 2019: AED 48,000 a yearNew contract, March 2021: AED 30,000 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 2412 sits

All 204 studios →

2412 last sold in July 2023 at AED 833 per sqft, 10% above what studios in The Matrix were fetching at the time (AED 758). 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. 2412's AED 30,000 is in the lower 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 24th floor

All 377 units in The Matrix
Value
24011-bedAED 630K · Jun 2019
24021-bedAED 1.6M · Nov 2015
2403StudioAED 1.18M · Nov 2017
2404StudioAED 700K · Jan 2020
2405StudioAED 1.49M · Oct 2015
24061-bedAED 1.05M · Aug 2017
24071-bedAED 2.28M · Feb 2011
1–7 of 13

2412, The Matrix in numbers

  • Sold twice: first on 27 December 2015 for AED 1,046,992, last on 13 July 2023 for AED 505,315 (AED 833 per sqft).
  • Rented since February 2017 on 3 Ejari contracts, from AED 52,700 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 5.9%, 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 13 July 2023.

Questions about 2412, The Matrix

What did unit 2412 last sell for?

AED 505,315 on 13 July 2023: AED 833 per sqft for 606 sqft. The unit has 2 registered sales; the first was AED 1,046,992 in December 2015.

What is the rent for unit 2412?

AED 30,000 a year on the contract signed on 4 March 2021. The previous contract, from May 2019, was AED 48,000; the unit has been rented since February 2017.

How big is unit 2412?

606 sqft (56.3 sqm): a studio on the 24th floor of a 31-storey tower completed in 2014.

What is unit 2412 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 2412, The Matrix

Starts from the last sale price (AED 505K, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 505,315
Deposit, UAE resident (20%)
AED 101,063
Deposit, non-resident (40%)
AED 202,126
Monthly over 25 years at 3.7%
AED 2,067

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