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Studio · 608 sqftThe Matrix, Dubai Sports City · 25th floor · completed 2014

2504, The Matrix

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 1.12M17 August 2016
Current rentAED 34K /yr25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2504, The Matrix

What is 2504 worth today?

Last sold for AED 1,123,322 in 2016

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25 Apr 2022RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
25 Apr 2017RentedNew contract
AED 57,000/yr12 months · AED 94 per sqft
17 Aug 2016Sold by developerReady
AED 1,123,322AED 1,846 per sqft

Source: Dubai Land Department. Updated 25 April 2022.

Key facts

Type
Studio apartment
Size
608 sqft
Floor
25th of 31
Parking
P2-058
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 1.12M · August 2016
Building
The Matrix

About 2504, The Matrix

2504 is a studio of 608 sqft on the 25th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 17 August 2016 for AED 1,123,322, or AED 1,846 per sqft, 11% above the AED 1,666 studios in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 25 April 2022, is AED 34,000 a year: a gross yield of 3.0% on the 2016 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, August 2016: AED 1,123,322 (AED 1,846 per sqft)

2504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2504, 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, April 2017: AED 57,000 a yearNew contract, April 2022: AED 34,000 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 2504 sits

All 204 studios →

2504 last sold in August 2016 at AED 1,846 per sqft, 11% above what studios in The Matrix were fetching at the time (AED 1,666). 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. 2504's AED 34,000 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 25th floor

All 377 units in The Matrix
Value
25011-bedAED 735K · Apr 2024
25021-bedAED 1.73M · Mar 2019
2503StudioAED 315K · Sep 2016
2505StudioAED 1.18M · Aug 2016
25061-bedAED 350K · Jul 2019
25071-bedAED 490K · Oct 2020
25081-bedAED 1.65M · Dec 2017
1–7 of 13

2504, The Matrix in numbers

  • Sold once: by TFG Real Estate on 17 August 2016 for AED 1,123,322, or AED 1,846 per sqft.
  • Rented since April 2017 on 2 Ejari contracts, from AED 57,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2016 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 25 April 2022.

Questions about 2504, The Matrix

What did unit 2504 last sell for?

AED 1,123,322 on 17 August 2016, sold by the developer: AED 1,846 per sqft for 608 sqft. It is the only registered sale of the unit.

What is the rent for unit 2504?

AED 34,000 a year on the contract signed on 25 April 2022. The previous contract, from April 2017, was AED 57,000.

How big is unit 2504?

608 sqft (56.5 sqm): a studio on the 25th floor of a 31-storey tower completed in 2014.

What is unit 2504 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 2504, The Matrix

Starts from the last sale price (AED 1.12M, 17 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,123,322
Deposit, UAE resident (20%)
AED 224,664
Deposit, non-resident (40%)
AED 449,329
Monthly over 25 years at 3.7%
AED 4,596

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