1-bed · 940 sqftThe Matrix, Dubai Sports City · 29th floor · completed 2014

2908, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 27 January 2025
Last soldAED 1.68M27 October 2015
Current rentAED 48K /yr27 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, The Matrix

What is 2908 worth today?

Last sold for AED 1,678,698 in 2015

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27 Jan 2025RentedRenewal
AED 47,959/yr12 months · AED 51 per sqft
27 Jan 2025RentedRenewal
AED 47,959/yr12 months · AED 51 per sqft
27 Jan 2024RentedRenewal
AED 47,959/yr12 months · AED 51 per sqft
27 Jan 2023RentedRenewal
AED 45,675/yr12 months · AED 49 per sqft
27 Jan 2022RentedNew contract
AED 43,500/yr12 months · AED 46 per sqft
6 Jan 2021RentedNew contract
AED 46,500/yr12 months · AED 49 per sqft
5 Aug 2018RentedNew contract
AED 64,000/yr12 months · AED 68 per sqft
27 Oct 2015Sold by developerReady
AED 1,678,698AED 1,785 per sqft

Source: Dubai Land Department. Updated 27 January 2025.

Key facts

Type
1-bed apartment
Size
940 sqft
Floor
29th of 31
Parking
P3-040
Developer
TFG Real Estate
Completed
2014
Service charge
AED 10,100 /yr
Last sold
AED 1.68M · October 2015
Building
The Matrix

About 2908, The Matrix

2908 is a one-bedroom apartment of 940 sqft on the 29th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 27 October 2015 for AED 1,678,698, or AED 1,785 per sqft, 20% above the AED 1,487 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 27 January 2025, is AED 47,959 a year: a gross yield of 2.9% on the 2015 price, before the service charge of about AED 10,100 a year.

Sales and rents for 2908 over time

Sales
Unit 2908, 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, October 2015: AED 1,678,698 (AED 1,785 per sqft)

2908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2908, 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, August 2018: AED 64,000 a yearNew contract, January 2021: AED 46,500 a yearNew contract, January 2022: AED 43,500 a yearRenewal, January 2023: AED 45,675 a yearRenewal, January 2024: AED 47,959 a yearRenewal, January 2025: AED 47,959 a yearRenewal, January 2025: AED 47,959 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 2908 sits

All 163 1-beds →

2908 last sold in October 2015 at AED 1,785 per sqft, 20% above what one-beds in The Matrix were fetching at the time (AED 1,487). 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. 2908's AED 47,959 is at the bottom 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 29th floor

All 377 units in The Matrix
Value
29011-bedAED 550K · May 2024
29021-bedAED 856K · Apr 2025
2903StudioAED 1.58M · Oct 2015
2904StudioAED 1.07M · Oct 2015
2905StudioAED 1.45M · Dec 2015
29061-bedAED 2.13M · Dec 2019
29071-bedAED 1.1M · Oct 2015
1–7 of 12

2908, The Matrix in numbers

  • Sold once: by TFG Real Estate on 27 October 2015 for AED 1,678,698, or AED 1,785 per sqft.
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 64,000 to AED 43,500 in 2022 and recovered to AED 47,959 by January 2025.
  • At AED 47,959 a year the gross yield on the 2015 price is 2.9%, before a service charge of about AED 10,100 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 27 January 2025.

Questions about 2908, The Matrix

What did unit 2908 last sell for?

AED 1,678,698 on 27 October 2015, sold by the developer: AED 1,785 per sqft for 940 sqft. It is the only registered sale of the unit.

What is the rent for unit 2908?

AED 47,959 a year on the contract renewed on 27 January 2025. The previous contract, from January 2025, was AED 47,959; the unit has been rented since August 2018.

How big is unit 2908?

940 sqft (87.3 sqm): a one-bedroom apartment on the 29th floor of a 31-storey tower completed in 2014.

What is unit 2908 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 2908, The Matrix

Starts from the last sale price (AED 1.68M, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,678,698
Deposit, UAE resident (20%)
AED 335,740
Deposit, non-resident (40%)
AED 671,479
Monthly over 25 years at 3.7%
AED 6,868

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