704, The Matrix
Sold prices and rental history: sold twice, last in October 2023, 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 704, The Matrix
What is 704 worth today?
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Source: Dubai Land Department. Updated 24 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 595 sqft
- Floor
- 7th of 31
- Parking
- B-043
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- AED 475K · October 2023
- Building
- The Matrix
About 704, The Matrix
704 is a studio of 595 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 24 October 2023 for AED 475,000, or AED 798 per sqft, in line with the AED 806 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 24 April 2026, is AED 62,000 a year: a gross yield of 13.1% on the 2023 price, before the service charge of about AED 6,400 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the studio median of each year in the building.
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 704 sits
All 204 studios →704 last sold in October 2023 at AED 798 per sqft, in line with what studios in The Matrix were fetching at the time (AED 806). 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. 704's AED 62,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 599 sqft | 580,000 | 968 | ||
| 29 Sep 202629 September 2026 | 606 sqft | 550,000 | 906 | ||
| 15 Sep 202615 September 2026 | 611 sqft | 605,571 | 990 | ||
| 14 Sep 202614 September 2026 | 600 sqft | 1,125,000 | 1,875 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 908 sqft | AED 682KAED 682,267 · Sep 2023September 2023 | 65,000 /yr | |
| 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 | |
| 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 |
704, The Matrix in numbers
- Sold twice: first on 25 February 2016 for AED 1,591,250, last on 24 October 2023 for AED 475,000 (AED 798 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 52,800 to AED 31,000 in 2021 and recovered to AED 62,000 by April 2026.
- At AED 62,000 a year the gross yield on the 2023 price is 13.1%, 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 24 April 2026.
Questions about 704, The Matrix
What did unit 704 last sell for?
AED 475,000 on 24 October 2023: AED 798 per sqft for 595 sqft. The unit has 2 registered sales; the first was AED 1,591,250 in February 2016.
What is the rent for unit 704?
AED 62,000 a year on the contract renewed on 24 April 2026. The previous contract, from April 2025, was AED 58,000; the unit has been rented since January 2015.
How big is unit 704?
595 sqft (55.3 sqm): a studio on the 7th floor of a 31-storey tower completed in 2014.
What is unit 704 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 704, The Matrix
Starts from the last sale price (AED 475K, 24 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →