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Studio · 607 sqftThe Matrix, Dubai Sports City · 29th floor · completed 2014

2911, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2911 · DLD and Ejari recordsUpdated 21 October 2022
Last soldAED 1.05M25 October 2015
Current rentAED 28K /yr21 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2911, The Matrix

What is 2911 worth today?

Last sold for AED 1,048,633 in 2015

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21 Oct 2022RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft
1 Aug 2021RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft
8 Nov 2019RentedNew contract
AED 37,000/yr12 months · AED 61 per sqft
25 Oct 2015Sold by developerReady
AED 1,048,633AED 1,728 per sqft

Source: Dubai Land Department. Updated 21 October 2022.

Key facts

Type
Studio apartment
Size
607 sqft
Floor
29th of 31
Parking
P3-043
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 1.05M · October 2015
Building
The Matrix

About 2911, The Matrix

2911 is a studio of 607 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 25 October 2015 for AED 1,048,633, or AED 1,728 per sqft, in line with the AED 1,700 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 21 October 2022, is AED 28,000 a year: a gross yield of 2.7% on the 2015 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2911 over time

Sales
Unit 2911, 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, October 2015: AED 1,048,633 (AED 1,728 per sqft)

2911 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2911, 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, November 2019: AED 37,000 a yearNew contract, August 2021: AED 28,000 a yearNew contract, October 2022: AED 28,000 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 2911 sits

All 204 studios →

2911 last sold in October 2015 at AED 1,728 per sqft, in line with what studios in The Matrix were fetching at the time (AED 1,700). 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. 2911's AED 28,000 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 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

2911, The Matrix in numbers

  • Sold once: by TFG Real Estate on 25 October 2015 for AED 1,048,633, or AED 1,728 per sqft.
  • Rented since November 2019 on 3 Ejari contracts, from AED 37,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2015 price is 2.7%, 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 21 October 2022.

Questions about 2911, The Matrix

What did unit 2911 last sell for?

AED 1,048,633 on 25 October 2015, sold by the developer: AED 1,728 per sqft for 607 sqft. It is the only registered sale of the unit.

What is the rent for unit 2911?

AED 28,000 a year on the contract signed on 21 October 2022. The previous contract, from August 2021, was AED 28,000; the unit has been rented since November 2019.

How big is unit 2911?

607 sqft (56.4 sqm): a studio on the 29th floor of a 31-storey tower completed in 2014.

What is unit 2911 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 2911, The Matrix

Starts from the last sale price (AED 1.05M, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,048,633
Deposit, UAE resident (20%)
AED 209,727
Deposit, non-resident (40%)
AED 419,453
Monthly over 25 years at 3.7%
AED 4,290

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