501, The Matrix
Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, The Matrix
What is 501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 April 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 907 sqft
- Floor
- 5th of 31
- Parking
- B-014
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 9,700 /yr
- Last sold
- AED 880K · June 2017
- Building
- The Matrix
About 501, The Matrix
501 is a one-bedroom apartment of 907 sqft on the 5th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 12 June 2017 for AED 880,178, or AED 969 per sqft, 34% below the AED 1,479 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 26 April 2021, is AED 34,903 a year: a gross yield of 4.0% on the 2017 price, before the service charge of about AED 9,700 a year.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 163 1-beds →501 last sold in June 2017 at AED 969 per sqft, 34% below what one-beds in The Matrix were fetching at the time (AED 1,479). 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. 501's AED 34,903 is at the bottom 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 5th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 1,312 sqft | AED 1.81MAED 1,811,492 · Apr 2012April 2012 | 52,525 /yr | |
| 503 | Studio | 600 sqft | AED 670KAED 670,000 · Oct 2017October 2017 | 40,000 /yr | |
| 504 | Studio | 595 sqft | AED 550KAED 550,000 · Jul 2026July 2026 | 44,100 /yr | |
| 505 | Studio | 591 sqft | AED 739KAED 738,797 · Oct 2015October 2015 | ||
| 506 | 1-bed | 1,130 sqft | AED 1.5MAED 1,500,000 · Sep 2021September 2021 | 62,363 /yr | |
| 507 | 1-bed | 860 sqft | AED 1.11MAED 1,106,458 · Nov 2015November 2015 | 52,800 /yr | |
| 508 | 1-bed | 940 sqft | AED 1.82MAED 1,824,014 · Sep 2015September 2015 | 58,000 /yr | |
| 509 | 1-bed | 1,166 sqft | AED 1.6MAED 1,599,279 · Oct 2015October 2015 | 65,000 /yr | |
| 510 | Studio | 606 sqft | AED 724KAED 724,310 · Nov 2015November 2015 | 37,750 /yr | |
| 511 | Studio | 598 sqft | No registered sale | 50,000 /yr | |
| 512 | Studio | 591 sqft | AED 555KAED 555,000 · Oct 2015October 2015 | 42,500 /yr | |
| 513 | 2-bed | 1,382 sqft | AED 2.2MAED 2,200,000 · Nov 2015November 2015 | 84,000 /yr |
501, The Matrix in numbers
- Sold twice: first on 17 March 2016 for AED 1,132,583, last on 12 June 2017 for AED 880,178 (AED 969 per sqft).
- Rented since April 2015 on 7 Ejari contracts, from AED 76,200 to AED 34,903 a year.
- At AED 34,903 a year the gross yield on the 2017 price is 4.0%, before a service charge of about AED 9,700 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 26 April 2021.
Questions about 501, The Matrix
What did unit 501 last sell for?
AED 880,178 on 12 June 2017: AED 969 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 1,132,583 in March 2016.
What is the rent for unit 501?
AED 34,903 a year on the contract signed on 26 April 2021. The previous contract, from December 2020, was AED 35,000; the unit has been rented since April 2015.
How big is unit 501?
907 sqft (84.3 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2014.
What is unit 501 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.
Selling 501? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 501, The Matrix
Starts from the last sale price (AED 880K, 12 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 880,178
- Deposit, UAE resident (20%)
- AED 176,036
- Deposit, non-resident (40%)
- AED 352,071
- Monthly over 25 years at 3.7%
- AED 3,601
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →