706, The Matrix
Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, The Matrix
What is 706 worth today?
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Source: Dubai Land Department. Updated 3 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,130 sqft
- Floor
- 7th of 31
- Parking
- B-045
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 12,100 /yr
- Last sold
- AED 1.7M · March 2017
- Building
- The Matrix
About 706, The Matrix
706 is a one-bedroom apartment of 1,130 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 20 March 2017 for AED 1,698,665, or AED 1,503 per sqft, 4% above the AED 1,442 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 3 December 2024, is AED 70,000 a year: a gross yield of 4.1% on the 2017 price, before the service charge of about AED 12,100 a year.
Sales and rents for 706 over time
706 has sold once; 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 706 sits
All 163 1-beds →706 last sold in March 2017 at AED 1,503 per sqft, 4% above what one-beds in The Matrix were fetching at the time (AED 1,442). 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. 706's AED 70,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 705 | Studio | 590 sqft | AED 560KAED 560,000 · Apr 2024April 2024 | 50,000 /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 |
706, The Matrix in numbers
- Sold once: by TFG Real Estate on 20 March 2017 for AED 1,698,665, or AED 1,503 per sqft.
- Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2021 and recovered to AED 70,000 by December 2024.
- At AED 70,000 a year the gross yield on the 2017 price is 4.1%, before a service charge of about AED 12,100 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 3 December 2024.
Questions about 706, The Matrix
What did unit 706 last sell for?
AED 1,698,665 on 20 March 2017, sold by the developer: AED 1,503 per sqft for 1,130 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 70,000 a year on the contract signed on 3 December 2024. The previous contract, from December 2024, was AED 70,000; the unit has been rented since May 2016.
How big is unit 706?
1,130 sqft (105.0 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2014.
What is unit 706 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 706, The Matrix
Starts from the last sale price (AED 1.7M, 20 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,698,665
- Deposit, UAE resident (20%)
- AED 339,733
- Deposit, non-resident (40%)
- AED 679,466
- Monthly over 25 years at 3.7%
- AED 6,950
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →