Studio · 600 sqftThe Matrix, Dubai Sports City · 7th floor · completed 2014

703, The Matrix

Sold prices and rental history: sold once, by the developer in July 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 1.67M23 July 2012
Current rentAED 58K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Matrix

What is 703 worth today?

Last sold for AED 1,674,627 in 2012

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31 Oct 2025RentedNew contract
AED 58,000/yr12 months · AED 97 per sqft
2 Apr 2025RentedRenewal
AED 57,000/yr6 months · AED 95 per sqft
2 Apr 2025RentedRenewal
AED 57,000/yr6 months · AED 95 per sqft
2 Apr 2024RentedNew contract
AED 57,000/yr12 months · AED 95 per sqft
18 Mar 2023RentedRenewal
AED 36,000/yr12 months · AED 60 per sqft
18 Mar 2022RentedNew contract
AED 36,000/yr12 months · AED 60 per sqft
4 Sep 2021RentedRenewal
AED 31,000/yr12 months · AED 52 per sqft
4 Mar 2021RentedNew contract
AED 31,000/yr6 months · AED 52 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
Studio apartment
Size
600 sqft
Floor
7th of 31
Parking
B-042
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 1.67M · July 2012
Building
The Matrix

About 703, The Matrix

703 is a studio of 600 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 23 July 2012 for AED 1,674,627, or AED 2,791 per sqft.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 31 October 2025, is AED 58,000 a year: a gross yield of 3.5% on the 2012 price, before the service charge of about AED 6,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in The Matrix
1M20112015201920232027Typical 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, July 2012: AED 1,674,627 (AED 2,791 per sqft)

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

Rents
Unit 703, 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, April 2018: AED 54,000 a yearNew contract, May 2019: AED 47,000 a yearNew contract, March 2021: AED 31,000 a yearRenewal, September 2021: AED 31,000 a yearNew contract, March 2022: AED 36,000 a yearRenewal, March 2023: AED 36,000 a yearNew contract, April 2024: AED 57,000 a yearRenewal, April 2025: AED 57,000 a yearRenewal, April 2025: AED 57,000 a yearNew contract, October 2025: AED 58,000 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 703 sits

All 204 studios →

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. 703's AED 58,000 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 7th floor

All 377 units in The Matrix
Value
7011-bedAED 682K · Sep 2023
7021-bedAED 2.01M · Aug 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

703, The Matrix in numbers

  • Sold once: by TFG Real Estate on 23 July 2012 for AED 1,674,627, or AED 2,791 per sqft.
  • Rented since April 2018 on 10 Ejari contracts. The rent fell from AED 54,000 to AED 31,000 in 2021 and recovered to AED 58,000 by October 2025.
  • At AED 58,000 a year the gross yield on the 2012 price is 3.5%, before a service charge of about AED 6,400 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 31 October 2025.

Questions about 703, The Matrix

What did unit 703 last sell for?

AED 1,674,627 on 23 July 2012, sold by the developer: AED 2,791 per sqft for 600 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 58,000 a year on the contract signed on 31 October 2025. The previous contract, from April 2025, was AED 57,000; the unit has been rented since April 2018.

How big is unit 703?

600 sqft (55.7 sqm): a studio on the 7th floor of a 31-storey tower completed in 2014.

What is unit 703 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 703, The Matrix

Starts from the last sale price (AED 1.67M, 23 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,674,627
Deposit, UAE resident (20%)
AED 334,925
Deposit, non-resident (40%)
AED 669,851
Monthly over 25 years at 3.7%
AED 6,851

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