508, The Matrix
Sold prices and rental history: sold once, by the developer in September 2015, 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 508, The Matrix
What is 508 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 25 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 940 sqft
- Floor
- 5th of 31
- Parking
- B-021
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.82M · September 2015
- Building
- The Matrix
About 508, The Matrix
508 is a one-bedroom apartment of 940 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 15 September 2015 for AED 1,824,014, or AED 1,939 per sqft, 25% above the AED 1,556 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 25 June 2026, is AED 58,000 a year: a gross yield of 3.2% on the 2015 price, before the service charge of about AED 10,100 a year.
Sales and rents for 508 over time
508 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 508 sits
All 163 1-beds →508 last sold in September 2015 at AED 1,939 per sqft, 25% above what one-beds in The Matrix were fetching at the time (AED 1,556). 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. 508's AED 58,000 is in the lower half 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 | |
| 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 | |
| 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 |
508, The Matrix in numbers
- Sold once: by TFG Real Estate on 15 September 2015 for AED 1,824,014, or AED 1,939 per sqft.
- Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 75,100 to AED 42,500 in 2021 and recovered to AED 58,000 by June 2026.
- At AED 58,000 a year the gross yield on the 2015 price is 3.2%, before a service charge of about AED 10,100 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 25 June 2026.
Questions about 508, The Matrix
What did unit 508 last sell for?
AED 1,824,014 on 15 September 2015, sold by the developer: AED 1,939 per sqft for 940 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 58,000 a year on the contract signed on 25 June 2026. The previous contract, from October 2025, was AED 54,600; the unit has been rented since March 2015.
How big is unit 508?
940 sqft (87.3 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2014.
What is unit 508 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 508? 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 508, The Matrix
Starts from the last sale price (AED 1.82M, 15 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,824,014
- Deposit, UAE resident (20%)
- AED 364,803
- Deposit, non-resident (40%)
- AED 729,606
- Monthly over 25 years at 3.7%
- AED 7,463
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →