1-bed · 1,316 sqftThe Matrix, Dubai Sports City · 7th floor · completed 2014

702, The Matrix

Sold prices and rental history: sold once, by the developer in August 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 19 November 2025
Last soldAED 2.01M13 August 2012
Current rentAED 58K /yr19 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, The Matrix

What is 702 worth today?

Last sold for AED 2,011,493 in 2012

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19 Nov 2025RentedRenewal
AED 57,750/yr12 months · AED 44 per sqft
19 Nov 2024RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
19 Nov 2024RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
19 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
19 Nov 2022RentedRenewal
AED 49,500/yr12 months · AED 38 per sqft
19 Nov 2021RentedRenewal
AED 49,500/yr12 months · AED 38 per sqft
19 Nov 2020RentedNew contract
AED 49,500/yr12 months · AED 38 per sqft
31 Dec 2019RentedNew contract
AED 65,275/yr6 months · AED 50 per sqft

Source: Dubai Land Department. Updated 19 November 2025.

Key facts

Type
1-bed apartment
Size
1,316 sqft
Floor
7th of 31
Parking
B-041
Developer
TFG Real Estate
Completed
2014
Service charge
AED 14,100 /yr
Last sold
AED 2.01M · August 2012
Building
The Matrix

About 702, The Matrix

702 is a one-bedroom apartment of 1,316 sqft on the 7th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 13 August 2012 for AED 2,011,493, or AED 1,528 per sqft, in line with the AED 1,521 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 19 November 2025, is AED 57,750 a year: a gross yield of 2.9% on the 2012 price, before the service charge of about AED 14,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in The Matrix
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,732,618; 2012 AED 1,838,519; 2015 AED 1,580,806; 2016 AED 1,431,650; 2017 AED 1,345,311; 2018 AED 1,425,000; 2019 AED 637,000; 2020 AED 530,000; 2021 AED 715,000; 2022 AED 897,391; 2023 AED 700,000; 2024 AED 775,000; 2025 AED 910,000; 2026 AED 800,000Sold by developer, August 2012: AED 2,011,493 (AED 1,528 per sqft)

702 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 702, each contractTypical one-bed in The Matrix
40K60K80K2014201820222026Typical rent by year: 2014 AED 83,200; 2015 AED 79,000; 2016 AED 77,400; 2017 AED 74,000; 2018 AED 68,654; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 49,250; 2023 AED 52,500; 2024 AED 62,182; 2025 AED 65,000; 2026 AED 65,000New contract, December 2017: AED 69,000 a yearNew contract, August 2018: AED 66,462 a yearNew contract, December 2019: AED 65,275 a yearNew contract, November 2020: AED 49,500 a yearRenewal, November 2021: AED 49,500 a yearRenewal, November 2022: AED 49,500 a yearRenewal, November 2023: AED 55,000 a yearRenewal, November 2024: AED 55,000 a yearRenewal, November 2024: AED 55,000 a yearRenewal, November 2025: AED 57,750 a year

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 702 sits

All 163 1-beds →

702 last sold in August 2012 at AED 1,528 per sqft, in line with what one-beds in The Matrix were fetching at the time (AED 1,521). 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. 702's AED 57,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026800,000
17 Jun 2026700,000
4 May 2026900,000
17 Mar 2026860,000
7 1-bed 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 7th floor

All 377 units in The Matrix
Value
7011-bedAED 682K · Sep 2023
703StudioAED 1.67M · Jul 2012
704StudioAED 475K · Oct 2023
705StudioAED 560K · Apr 2024
7061-bedAED 1.7M · Mar 2017
7071-bedAED 1.43M · May 2018
7081-bedAED 1.37M · Oct 2015
1–7 of 12

702, The Matrix in numbers

  • Sold once: by TFG Real Estate on 13 August 2012 for AED 2,011,493, or AED 1,528 per sqft.
  • Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 69,000 to AED 49,500 in 2022 and recovered to AED 57,750 by November 2025.
  • At AED 57,750 a year the gross yield on the 2012 price is 2.9%, before a service charge of about AED 14,100 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 19 November 2025.

Questions about 702, The Matrix

What did unit 702 last sell for?

AED 2,011,493 on 13 August 2012, sold by the developer: AED 1,528 per sqft for 1,316 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 57,750 a year on the contract renewed on 19 November 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since December 2017.

How big is unit 702?

1,316 sqft (122.3 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2014.

What is unit 702 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 702, The Matrix

Starts from the last sale price (AED 2.01M, 13 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,011,493
Deposit, UAE resident (20%)
AED 402,299
Deposit, non-resident (40%)
AED 804,597
Monthly over 25 years at 3.7%
AED 8,230

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