705, The Matrix
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, The Matrix
What is 705 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 590 sqft
- Floor
- 7th of 31
- Parking
- B-044
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,300 /yr
- Last sold
- AED 560K · April 2024
- Building
- The Matrix
About 705, The Matrix
705 is a studio of 590 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 17 April 2024 for AED 560,000, or AED 948 per sqft, 14% above the AED 830 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 50,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 6,300 a year.
Sales and rents for 705 over time
705 has sold 3 times; 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 705 sits
All 204 studios →705 last sold in April 2024 at AED 948 per sqft, 14% above what studios in The Matrix were fetching at the time (AED 830). 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. 705's AED 50,000 is in the upper half 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 | |
| 704 | Studio | 595 sqft | AED 475KAED 475,000 · Oct 2023October 2023 | 62,000 /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 |
705, The Matrix in numbers
- Sold 3 times: first on 16 August 2016 for AED 916,161, last on 17 April 2024 for AED 560,000 (AED 948 per sqft).
- Rented since December 2022 on 6 Ejari contracts, from AED 41,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 8.9%, 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 25 May 2026.
Questions about 705, The Matrix
What did unit 705 last sell for?
AED 560,000 on 17 April 2024: AED 948 per sqft for 590 sqft. The unit has 3 registered sales; the first was AED 916,161 in August 2016.
What is the rent for unit 705?
AED 50,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 50,000; the unit has been rented since December 2022.
How big is unit 705?
590 sqft (54.8 sqm): a studio on the 7th floor of a 31-storey tower completed in 2014.
What is unit 705 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 705, The Matrix
Starts from the last sale price (AED 560K, 17 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →