407, The Matrix
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, The Matrix
What is 407 worth today?
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Source: Dubai Land Department. Updated 9 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,045 sqft
- Floor
- 4th of 31
- Parking
- B-007
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 11,200 /yr
- Last sold
- AED 1.83M · November 2015
- Building
- The Matrix
About 407, The Matrix
407 is a one-bedroom apartment of 1,045 sqft on the 4th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 2 November 2015 for AED 1,829,071, or AED 1,750 per sqft, 18% above the AED 1,485 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 9 September 2025, is AED 65,000 a year: a gross yield of 3.5% on the 2015 price, before the service charge of about AED 11,200 a year.
Sales and rents for 407 over time
407 has sold once; 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 407 sits
All 163 1-beds →407 last sold in November 2015 at AED 1,750 per sqft, 18% above what one-beds in The Matrix were fetching at the time (AED 1,485). 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. 407's AED 65,000 is in the lower 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 4th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,034 sqft | AED 1.74MAED 1,743,323 · Oct 2015October 2015 | 70,000 /yr | |
| 402 | 1-bed | 1,293 sqft | AED 2.68MAED 2,684,455 · Nov 2015November 2015 | 56,100 /yr | |
| 403 | Studio | 836 sqft | AED 1.55MAED 1,553,961 · Oct 2015October 2015 | 55,000 /yr | |
| 404 | Studio | 836 sqft | AED 1.55MAED 1,550,295 · Mar 2016March 2016 | 34,000 /yr | |
| 405 | Studio | 836 sqft | AED 1.77MAED 1,771,845 · Oct 2015October 2015 | 41,927 /yr | |
| 406 | 1-bed | 1,390 sqft | AED 1.5MAED 1,500,000 · Jul 2016July 2016 | 64,050 /yr | |
| 408 | 1-bed | 1,276 sqft | AED 1.82MAED 1,815,733 · Jan 2018January 2018 | 68,000 /yr | |
| 409 | 1-bed | 1,311 sqft | AED 600KAED 600,000 · Sep 2022September 2022 | 72,000 /yr | |
| 410 | Studio | 838 sqft | AED 875KAED 875,373 · Feb 2011February 2011 | 55,000 /yr | |
| 411 | Studio | 838 sqft | AED 600KAED 600,000 · Oct 2022October 2022 | 57,000 /yr | |
| 412 | Studio | 838 sqft | AED 645KAED 645,000 · Apr 2026April 2026 | 60,000 /yr | |
| 413 | 2-bed | 1,939 sqft | AED 1.12MAED 1,120,000 · Jul 2025July 2025 | 115,000 /yr |
407, The Matrix in numbers
- Sold once: by TFG Real Estate on 2 November 2015 for AED 1,829,071, or AED 1,750 per sqft.
- Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 76,000 to AED 45,500 in 2021 and recovered to AED 65,000 by September 2025.
- At AED 65,000 a year the gross yield on the 2015 price is 3.5%, before a service charge of about AED 11,200 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 9 September 2025.
Questions about 407, The Matrix
What did unit 407 last sell for?
AED 1,829,071 on 2 November 2015, sold by the developer: AED 1,750 per sqft for 1,045 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 65,000 a year on the contract signed on 9 September 2025. The previous contract, from March 2024, was AED 67,000; the unit has been rented since April 2018.
How big is unit 407?
1,045 sqft (97.1 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2014.
What is unit 407 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 407, The Matrix
Starts from the last sale price (AED 1.83M, 2 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,829,071
- Deposit, UAE resident (20%)
- AED 365,814
- Deposit, non-resident (40%)
- AED 731,628
- Monthly over 25 years at 3.7%
- AED 7,483
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →