1-bed · 860 sqftThe Matrix, Dubai Sports City · 27th floor · completed 2014

2707, The Matrix

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2707 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 1.15M7 September 2015
Current rentAED 55K /yr21 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, The Matrix

What is 2707 worth today?

Last sold for AED 1,150,000 in 2015

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21 Aug 2024RentedRenewal
AED 55,000/yr7 months · AED 64 per sqft
21 Aug 2023RentedNew contract
AED 55,000/yr12 months · AED 64 per sqft
2 Jul 2021RentedRenewal
AED 43,500/yr12 months · AED 51 per sqft
2 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
2 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
13 Apr 2017RentedNew contract
AED 69,000/yr12 months · AED 80 per sqft
7 Sep 2015Sold by developerReady
AED 1,150,000AED 1,336 per sqft

Source: Dubai Land Department. Updated 21 August 2024.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
27th of 31
Parking
P3-012
Developer
TFG Real Estate
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 1.15M · September 2015
Building
The Matrix

About 2707, The Matrix

2707 is a one-bedroom apartment of 860 sqft on the 27th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 7 September 2015 for AED 1,150,000, or AED 1,336 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 21 August 2024, is AED 55,000 a year: a gross yield of 4.8% on the 2015 price, before the service charge of about AED 9,200 a year.

Sales and rents for 2707 over time

Sales
Unit 2707, each saleTypical one-bed in The Matrix
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,732,618; 2012 AED 1,838,519; 2015 AED 1,580,806; 2016 AED 1,431,650; 2017 AED 1,345,311; 2018 AED 1,425,000; 2019 AED 637,000; 2020 AED 530,000; 2021 AED 715,000; 2022 AED 897,391; 2023 AED 700,000; 2024 AED 775,000; 2025 AED 910,000; 2026 AED 800,000Sold by developer, September 2015: AED 1,150,000 (AED 1,336 per sqft)

2707 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2707, each contractTypical one-bed in The Matrix
40K60K80K2014201820222026Typical rent by year: 2014 AED 83,200; 2015 AED 79,000; 2016 AED 77,400; 2017 AED 74,000; 2018 AED 68,654; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 49,250; 2023 AED 52,500; 2024 AED 62,182; 2025 AED 65,000; 2026 AED 65,000New contract, April 2017: AED 69,000 a yearNew contract, July 2019: AED 60,000 a yearNew contract, July 2020: AED 50,000 a yearRenewal, July 2021: AED 43,500 a yearNew contract, August 2023: AED 55,000 a yearRenewal, August 2024: AED 55,000 a year

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 2707 sits

All 163 1-beds →

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. 2707's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026800,000
17 Jun 2026700,000
4 May 2026900,000
17 Mar 2026860,000
7 1-bed 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 27th floor

All 377 units in The Matrix
Value
27011-bedAED 1.42M · Aug 2016
27021-bedAED 1.6M · Jul 2016
2703StudioAED 660K · Apr 2026
2704StudioAED 1.08M · Feb 2018
2705StudioAED 1.37M · Nov 2015
27061-bedAED 1.78M · Nov 2015
27081-bedAED 2M · Dec 2022
1–7 of 13

2707, The Matrix in numbers

  • Sold once: by TFG Real Estate on 7 September 2015 for AED 1,150,000, or AED 1,336 per sqft.
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 69,000 to AED 43,500 in 2021 and recovered to AED 55,000 by August 2024.
  • At AED 55,000 a year the gross yield on the 2015 price is 4.8%, 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 21 August 2024.

Questions about 2707, The Matrix

What did unit 2707 last sell for?

AED 1,150,000 on 7 September 2015, sold by the developer: AED 1,336 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 2707?

AED 55,000 a year on the contract renewed on 21 August 2024. The previous contract, from August 2023, was AED 55,000; the unit has been rented since April 2017.

How big is unit 2707?

860 sqft (79.9 sqm): a one-bedroom apartment on the 27th floor of a 31-storey tower completed in 2014.

What is unit 2707 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 2707, The Matrix

Starts from the last sale price (AED 1.15M, 7 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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