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

512, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 12 July 2025
Last soldAED 555K12 October 2015
Current rentAED 43K /yr12 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, The Matrix

What is 512 worth today?

Last sold for AED 555,000 in 2015

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12 Jul 2025RentedNew contract
AED 42,500/yr12 months · AED 72 per sqft
12 Jul 2024RentedNew contract
AED 42,500/yr12 months · AED 72 per sqft
24 Dec 2022RentedRenewal
AED 31,500/yr12 months · AED 53 per sqft
24 Dec 2021RentedRenewal
AED 31,500/yr12 months · AED 53 per sqft
24 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 51 per sqft
24 Jul 2017RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft
12 Oct 2015Sold by developerReady
AED 555,000AED 939 per sqft
18 Nov 2014RentedNew contract
AED 61,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 12 July 2025.

Key facts

Type
Studio apartment
Size
591 sqft
Floor
5th of 31
Parking
B-025
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 555K · October 2015
Building
The Matrix

About 512, The Matrix

512 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 12 October 2015 for AED 555,000, or AED 939 per sqft, 30% below the AED 1,335 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 12 July 2025, is AED 42,500 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 6,300 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 555,000 (AED 939 per sqft)

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

Rents
Unit 512, 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 50,000New contract, November 2014: AED 61,000 a yearNew contract, July 2017: AED 55,000 a yearNew contract, December 2020: AED 30,000 a yearRenewal, December 2021: AED 31,500 a yearRenewal, December 2022: AED 31,500 a yearNew contract, July 2024: AED 42,500 a yearNew contract, July 2025: AED 42,500 a year

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 512 sits

All 204 studios →

512 last sold in October 2015 at AED 939 per sqft, 30% below what studios in The Matrix were fetching at the time (AED 1,335). 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. 512's AED 42,500 is in the upper half of that range.

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
505StudioAED 739K · Oct 2015
5061-bedAED 1.5M · Sep 2021
5071-bedAED 1.11M · Nov 2015
1–7 of 12

512, The Matrix in numbers

  • Sold once: by TFG Real Estate on 12 October 2015 for AED 555,000, or AED 939 per sqft.
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 61,000 to AED 30,000 in 2020 and recovered to AED 42,500 by July 2025.
  • At AED 42,500 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 6,300 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 12 July 2025.

Questions about 512, The Matrix

What did unit 512 last sell for?

AED 555,000 on 12 October 2015, sold by the developer: AED 939 per sqft for 591 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 42,500 a year on the contract signed on 12 July 2025. The previous contract, from July 2024, was AED 42,500; the unit has been rented since November 2014.

How big is unit 512?

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

What is unit 512 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 512, The Matrix

Starts from the last sale price (AED 555K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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