409, The Matrix
Sold prices and rental history: sold 3 times, last in September 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, The Matrix
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,311 sqft
- Floor
- 4th of 31
- Parking
- B-009
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 14,100 /yr
- Last sold
- AED 600K · September 2022
- Building
- The Matrix
About 409, The Matrix
409 is a one-bedroom apartment of 1,311 sqft on the 4th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 15 September 2022 for AED 600,000, or AED 457 per sqft, 48% below the AED 885 one-beds in the building were fetching at the time.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 28 May 2019, is AED 72,000 a year: a gross yield of 12.0% on the 2022 price, before the service charge of about AED 14,100 a year.
Sales and rents for 409 over time
409 has sold 3 times; 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 409 sits
All 163 1-beds →409 last sold in September 2022 at AED 457 per sqft, 48% below what one-beds in The Matrix were fetching at the time (AED 885). 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. 409's AED 72,000 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 | |
| 408 | 1-bed | 1,276 sqft | AED 1.82MAED 1,815,733 · Jan 2018January 2018 | 68,000 /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 |
409, The Matrix in numbers
- Sold 3 times: first on 10 November 2015 for AED 1,432,189, last on 15 September 2022 for AED 600,000 (AED 457 per sqft).
- Rented since January 2017 on 2 Ejari contracts, from AED 82,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2022 price is 12.0%, before a service charge of about AED 14,100 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 15 September 2022.
Questions about 409, The Matrix
What did unit 409 last sell for?
AED 600,000 on 15 September 2022: AED 457 per sqft for 1,311 sqft. The unit has 3 registered sales; the first was AED 1,432,189 in November 2015.
What is the rent for unit 409?
AED 72,000 a year on the contract signed on 28 May 2019. The previous contract, from January 2017, was AED 82,000.
How big is unit 409?
1,311 sqft (121.8 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2014.
What is unit 409 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 409, The Matrix
Starts from the last sale price (AED 600K, 15 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →