2506, The Matrix
Sold prices and rental history: sold 3 times, last in July 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2506, The Matrix
What is 2506 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,164 sqft
- Floor
- 25th of 31
- Parking
- P2-060
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 12,500 /yr
- Last sold
- AED 350K · July 2019
- Building
- The Matrix
About 2506, The Matrix
2506 is a one-bedroom apartment of 1,164 sqft on the 25th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 22 July 2019 for AED 350,000, or AED 300 per sqft, 57% below the AED 700 one-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 February 2024, is AED 80,000 a year: a gross yield of 22.9% on the 2019 price, before the service charge of about AED 12,500 a year.
Sales and rents for 2506 over time
2506 has sold 3 times; 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 2506 sits
All 163 1-beds →2506 last sold in July 2019 at AED 300 per sqft, 57% below what one-beds in The Matrix were fetching at the time (AED 700). 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. 2506's AED 80,000 is in the upper 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 25th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 898 sqft | AED 735KAED 735,000 · Apr 2024April 2024 | 60,000 /yr | |
| 2502 | 1-bed | 1,174 sqft | AED 1.73MAED 1,725,000 · Mar 2019March 2019 | 75,000 /yr | |
| 2503 | Studio | 600 sqft | AED 315KAED 315,000 · Sep 2016September 2016 | 56,000 /yr | |
| 2504 | Studio | 608 sqft | AED 1.12MAED 1,123,322 · Aug 2016August 2016 | 34,000 /yr | |
| 2505 | Studio | 614 sqft | AED 1.18MAED 1,175,000 · Aug 2016August 2016 | 44,100 /yr | |
| 2507 | 1-bed | 860 sqft | AED 490KAED 490,000 · Oct 2020October 2020 | 53,000 /yr | |
| 2508 | 1-bed | 940 sqft | AED 1.65MAED 1,650,000 · Dec 2017December 2017 | 76,000 /yr | |
| 2509 | 1-bed | 1,117 sqft | AED 1.95MAED 1,946,585 · Oct 2015October 2015 | 70,000 /yr | |
| 2510 | Studio | 295 sqft | AED 256KAED 255,780 · Mar 2022March 2022 | 52,000 /yr | |
| 2511 | Studio | 611 sqft | AED 600KAED 600,000 · Sep 2015September 2015 | 25,000 /yr | |
| 2512 | Studio | 608 sqft | AED 600KAED 600,000 · Oct 2015October 2015 | 20,000 /yr | |
| 2513 | Studio | 744 sqft | AED 519KAED 519,099 · Mar 2024March 2024 | 55,620 /yr | |
| 2514 | Studio | 617 sqft | AED 2.07MAED 2,073,920 · Jan 2017January 2017 | 53,000 /yr |
2506, The Matrix in numbers
- Sold 3 times: first on 11 February 2016 for AED 1,995,000, last on 22 July 2019 for AED 350,000 (AED 300 per sqft).
- Rented since June 2015 on 3 Ejari contracts, from AED 83,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2019 price is 22.9%, before a service charge of about AED 12,500 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 1 February 2024.
Questions about 2506, The Matrix
What did unit 2506 last sell for?
AED 350,000 on 22 July 2019: AED 300 per sqft for 1,164 sqft. The unit has 3 registered sales; the first was AED 1,995,000 in February 2016.
What is the rent for unit 2506?
AED 80,000 a year on the contract signed on 1 February 2024. The previous contract, from June 2016, was AED 83,000; the unit has been rented since June 2015.
How big is unit 2506?
1,164 sqft (108.1 sqm): a one-bedroom apartment on the 25th floor of a 31-storey tower completed in 2014.
What is unit 2506 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 2506, The Matrix
Starts from the last sale price (AED 350K, 22 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →