701, The Matrix
Sold prices and rental history: sold twice, last in September 2023, 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 701, The Matrix
What is 701 worth today?
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Source: Dubai Land Department. Updated 13 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 908 sqft
- Floor
- 7th of 31
- Parking
- B-040
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 9,700 /yr
- Last sold
- AED 682K · September 2023
- Building
- The Matrix
About 701, The Matrix
701 is a one-bedroom apartment of 908 sqft on the 7th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. It last sold on 7 September 2023 for AED 682,267, or AED 751 per sqft, 14% above the AED 661 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 13 October 2025, is AED 65,000 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 163 1-beds →701 last sold in September 2023 at AED 751 per sqft, 14% above what one-beds in The Matrix were fetching at the time (AED 661). 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. 701's AED 65,000 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 7th floor
All 377 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 1,316 sqft | AED 2.01MAED 2,011,493 · Aug 2012August 2012 | 57,750 /yr | |
| 703 | Studio | 600 sqft | AED 1.67MAED 1,674,627 · Jul 2012July 2012 | 58,000 /yr | |
| 704 | Studio | 595 sqft | AED 475KAED 475,000 · Oct 2023October 2023 | 62,000 /yr | |
| 705 | Studio | 590 sqft | AED 560KAED 560,000 · Apr 2024April 2024 | 50,000 /yr | |
| 706 | 1-bed | 1,130 sqft | AED 1.7MAED 1,698,665 · Mar 2017March 2017 | 70,000 /yr | |
| 707 | 1-bed | 861 sqft | AED 1.43MAED 1,425,000 · May 2018May 2018 | 55,125 /yr | |
| 708 | 1-bed | 940 sqft | AED 1.37MAED 1,365,978 · Oct 2015October 2015 | 70,000 /yr | |
| 709 | 1-bed | 1,160 sqft | AED 975KAED 975,000 · Oct 2016October 2016 | 58,830 /yr | |
| 710 | Studio | 608 sqft | AED 889KAED 888,503 · Mar 2016March 2016 | 39,750 /yr | |
| 711 | Studio | 600 sqft | AED 889KAED 888,503 · Nov 2015November 2015 | 55,000 /yr | |
| 712 | Studio | 592 sqft | AED 370KAED 370,000 · Apr 2021April 2021 | 33,000 /yr | |
| 713 | 2-bed | 1,383 sqft | AED 2.34MAED 2,338,938 · Nov 2015November 2015 | 95,000 /yr |
701, The Matrix in numbers
- Sold twice: first on 6 October 2015 for AED 1,770,195, last on 7 September 2023 for AED 682,267 (AED 751 per sqft).
- Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 43,500 in 2021 and recovered to AED 65,000 by October 2025.
- At AED 65,000 a year the gross yield on the 2023 price is 9.5%, before a service charge of about AED 9,700 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 13 October 2025.
Questions about 701, The Matrix
What did unit 701 last sell for?
AED 682,267 on 7 September 2023: AED 751 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 1,770,195 in October 2015.
What is the rent for unit 701?
AED 65,000 a year on the contract renewed on 13 October 2025. The previous contract, from October 2024, was AED 64,000; the unit has been rented since March 2020.
How big is unit 701?
908 sqft (84.4 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2014.
What is unit 701 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 701, The Matrix
Starts from the last sale price (AED 682K, 7 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 682,267
- Deposit, UAE resident (20%)
- AED 136,453
- Deposit, non-resident (40%)
- AED 272,907
- Monthly over 25 years at 3.7%
- AED 2,791
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →