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Studio · 591 sqftThe Matrix, Dubai Sports City · 5th floor · completed 2014

505, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 18 October 2015
Last soldAED 739K18 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, The Matrix

What is 505 worth today?

Last sold for AED 738,797 in 2015

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18 Oct 2015Sold by developerReady
AED 738,797AED 1,251 per sqft

Source: Dubai Land Department. Updated 18 October 2015.

Key facts

Type
Studio apartment
Size
591 sqft
Floor
5th of 31
Parking
B-018
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 739K · October 2015
Building
The Matrix

About 505, The Matrix

505 is a studio of 591 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 18 October 2015 for AED 738,797, or AED 1,251 per sqft, 11% below the AED 1,413 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, October 2015: AED 738,797 (AED 1,251 per sqft)

505 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 505, 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 50,000

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 505 sits

All 204 studios →

505 last sold in October 2015 at AED 1,251 per sqft, 11% below what studios in The Matrix were fetching at the time (AED 1,413). 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.

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 5th floor

All 377 units in The Matrix
Value
5011-bedAED 880K · Jun 2017
5021-bedAED 1.81M · Apr 2012
503StudioAED 670K · Oct 2017
504StudioAED 550K · Jul 2026
5061-bedAED 1.5M · Sep 2021
5071-bedAED 1.11M · Nov 2015
5081-bedAED 1.82M · Sep 2015
1–7 of 12

505, The Matrix in numbers

  • Sold once: by TFG Real Estate on 18 October 2015 for AED 738,797, or AED 1,251 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 18 October 2015.

Questions about 505, The Matrix

What did unit 505 last sell for?

AED 738,797 on 18 October 2015, sold by the developer: AED 1,251 per sqft for 591 sqft. It is the only registered sale of the unit.

How big is unit 505?

591 sqft (54.9 sqm): a studio on the 5th floor of a 31-storey tower completed in 2014.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

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Mortgage on 505, The Matrix

Starts from the last sale price (AED 739K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 738,797
Deposit, UAE resident (20%)
AED 147,759
Deposit, non-resident (40%)
AED 295,519
Monthly over 25 years at 3.7%
AED 3,023

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →