502, The Matrix
Sold prices and rental history: sold once, by the developer in April 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, The Matrix
What is 502 worth today?
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Source: Dubai Land Department. Updated 16 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,312 sqft
- Floor
- 5th of 31
- Parking
- B-015
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.81M · April 2012
- Building
- The Matrix
About 502, The Matrix
502 is a one-bedroom apartment of 1,312 sqft on the 5th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 4 April 2012 for AED 1,811,492, or AED 1,380 per sqft, in line with the AED 1,380 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 16 March 2024, is AED 52,525 a year: a gross yield of 2.9% on the 2012 price, before the service charge of about AED 14,100 a year.
Sales and rents for 502 over time
502 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 502 sits
All 163 1-beds →502 last sold in April 2012 at AED 1,380 per sqft, in line with what one-beds in The Matrix were fetching at the time (AED 1,380). 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. 502's AED 52,525 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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 907 sqft | AED 880KAED 880,178 · Jun 2017June 2017 | 34,903 /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 |
502, The Matrix in numbers
- Sold once: by TFG Real Estate on 4 April 2012 for AED 1,811,492, or AED 1,380 per sqft.
- Rented since February 2020 on 5 Ejari contracts, from AED 64,000 to AED 52,525 a year.
- At AED 52,525 a year the gross yield on the 2012 price is 2.9%, 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 16 March 2024.
Questions about 502, The Matrix
What did unit 502 last sell for?
AED 1,811,492 on 4 April 2012, sold by the developer: AED 1,380 per sqft for 1,312 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 52,525 a year on the contract renewed on 16 March 2024. The previous contract, from March 2023, was AED 52,500; the unit has been rented since February 2020.
How big is unit 502?
1,312 sqft (121.9 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2014.
What is unit 502 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 502, The Matrix
Starts from the last sale price (AED 1.81M, 4 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,811,492
- Deposit, UAE resident (20%)
- AED 362,298
- Deposit, non-resident (40%)
- AED 724,597
- Monthly over 25 years at 3.7%
- AED 7,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →