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Studio · 838 sqftThe Matrix, Dubai Sports City · 4th floor · completed 2014

411, The Matrix

Sold prices and rental history: sold twice, last in October 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 600K20 October 2022
Current rentAED 57K /yr18 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 411, The Matrix

What is 411 worth today?

Last sold for AED 600,000 in 2022

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20 Oct 2022SoldReady
AED 600,000AED 716 per sqft
18 Oct 2018RentedNew contract
AED 57,000/yr12 months · AED 68 per sqft
17 Apr 2018Sold by developerReady
AED 975,000AED 1,163 per sqft
3 Oct 2017RentedNew contract
AED 56,500/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
Studio apartment
Size
838 sqft
Floor
4th of 31
Parking
B-011
Developer
TFG Real Estate
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 600K · October 2022
Building
The Matrix

About 411, The Matrix

411 is a studio of 838 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 20 October 2022 for AED 600,000, or AED 716 per sqft, 34% below the AED 1,077 studios in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 18 October 2018, is AED 57,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 9,000 a year.

Sales and rents for 411 over time

Sales
Unit 411, 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, April 2018: AED 975,000 (AED 1,163 per sqft)Sold, October 2022: AED 600,000 (AED 716 per sqft)

411 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 411, 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, October 2017: AED 56,500 a yearNew contract, October 2018: AED 57,000 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 411 sits

All 204 studios →

411 last sold in October 2022 at AED 716 per sqft, 34% below what studios in The Matrix were fetching at the time (AED 1,077). 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. 411's AED 57,000 is in the upper 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 4th floor

All 377 units in The Matrix
Value
4011-bedAED 1.74M · Oct 2015
4021-bedAED 2.68M · Nov 2015
403StudioAED 1.55M · Oct 2015
404StudioAED 1.55M · Mar 2016
405StudioAED 1.77M · Oct 2015
4061-bedAED 1.5M · Jul 2016
4071-bedAED 1.83M · Nov 2015
1–7 of 12

411, The Matrix in numbers

  • Sold twice: first on 17 April 2018 for AED 975,000, last on 20 October 2022 for AED 600,000 (AED 716 per sqft).
  • Rented since October 2017 on 2 Ejari contracts, from AED 56,500 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 9,000 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 20 October 2022.

Questions about 411, The Matrix

What did unit 411 last sell for?

AED 600,000 on 20 October 2022: AED 716 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 975,000 in April 2018.

What is the rent for unit 411?

AED 57,000 a year on the contract signed on 18 October 2018. The previous contract, from October 2017, was AED 56,500.

How big is unit 411?

838 sqft (77.9 sqm): a studio on the 4th floor of a 31-storey tower completed in 2014.

What is unit 411 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 411, The Matrix

Starts from the last sale price (AED 600K, 20 October 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 →