408, The Matrix
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, The Matrix
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,276 sqft
- Floor
- 4th of 31
- Parking
- B-008
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 13,700 /yr
- Last sold
- AED 1.82M · January 2018
- Building
- The Matrix
About 408, The Matrix
408 is a one-bedroom apartment of 1,276 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 29 January 2018 for AED 1,815,733, or AED 1,423 per sqft, in line with the AED 1,431 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 15 September 2025, is AED 68,000 a year: a gross yield of 3.8% on the 2018 price, before the service charge of about AED 13,700 a year.
Sales and rents for 408 over time
408 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 408 sits
All 163 1-beds →408 last sold in January 2018 at AED 1,423 per sqft, in line with what one-beds in The Matrix were fetching at the time (AED 1,431). 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. 408's AED 68,000 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 | |
| 407 | 1-bed | 1,045 sqft | AED 1.83MAED 1,829,071 · Nov 2015November 2015 | 65,000 /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 |
408, The Matrix in numbers
- Sold once: by TFG Real Estate on 29 January 2018 for AED 1,815,733, or AED 1,423 per sqft.
- Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 76,500 to AED 45,500 in 2021 and recovered to AED 68,000 by September 2025.
- At AED 68,000 a year the gross yield on the 2018 price is 3.8%, before a service charge of about AED 13,700 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 15 September 2025.
Questions about 408, The Matrix
What did unit 408 last sell for?
AED 1,815,733 on 29 January 2018, sold by the developer: AED 1,423 per sqft for 1,276 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 68,000 a year on the contract signed on 15 September 2025. The previous contract, from April 2025, was AED 52,369; the unit has been rented since October 2017.
How big is unit 408?
1,276 sqft (118.5 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2014.
What is unit 408 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 408, The Matrix
Starts from the last sale price (AED 1.82M, 29 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,815,733
- Deposit, UAE resident (20%)
- AED 363,147
- Deposit, non-resident (40%)
- AED 726,293
- Monthly over 25 years at 3.7%
- AED 7,429
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →