503, The Matrix
Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Matrix
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 600 sqft
- Floor
- 5th of 31
- Parking
- B-016
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- AED 670K · October 2017
- Building
- The Matrix
About 503, The Matrix
503 is a studio of 600 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 26 October 2017 for AED 670,000, or AED 1,116 per sqft, 25% below the AED 1,479 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 40,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 6,400 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the studio median of each year in the building.
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 503 sits
All 204 studios →503 last sold in October 2017 at AED 1,116 per sqft, 25% below what studios in The Matrix were fetching at the time (AED 1,479). 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. 503's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 599 sqft | 580,000 | 968 | ||
| 29 Sep 202629 September 2026 | 606 sqft | 550,000 | 906 | ||
| 15 Sep 202615 September 2026 | 611 sqft | 605,571 | 990 | ||
| 14 Sep 202614 September 2026 | 600 sqft | 1,125,000 | 1,875 |
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 | |
| 502 | 1-bed | 1,312 sqft | AED 1.81MAED 1,811,492 · Apr 2012April 2012 | 52,525 /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 |
503, The Matrix in numbers
- Sold twice: first on 7 September 2015 for AED 695,000, last on 26 October 2017 for AED 670,000 (AED 1,116 per sqft).
- Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2022 and recovered to AED 40,000 by March 2026.
- At AED 40,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 6,400 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 1 March 2026.
Questions about 503, The Matrix
What did unit 503 last sell for?
AED 670,000 on 26 October 2017: AED 1,116 per sqft for 600 sqft. The unit has 2 registered sales; the first was AED 695,000 in September 2015.
What is the rent for unit 503?
AED 40,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 36,000; the unit has been rented since September 2016.
How big is unit 503?
600 sqft (55.7 sqm): a studio on the 5th floor of a 31-storey tower completed in 2014.
What is unit 503 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 503, The Matrix
Starts from the last sale price (AED 670K, 26 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →