708, The Matrix
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, The Matrix
What is 708 worth today?
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Source: Dubai Land Department. Updated 11 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 940 sqft
- Floor
- 7th of 31
- Parking
- B-047
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.37M · October 2015
- Building
- The Matrix
About 708, The Matrix
708 is a one-bedroom apartment of 940 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 27 October 2015 for AED 1,365,978, or AED 1,452 per sqft, in line with the AED 1,487 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 11 October 2025, is AED 70,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 10,100 a year.
Sales and rents for 708 over time
708 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 708 sits
All 163 1-beds →708 last sold in October 2015 at AED 1,452 per sqft, in line with what one-beds in The Matrix were fetching at the time (AED 1,487). 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. 708'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 | |
| 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 | |
| 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 |
708, The Matrix in numbers
- Sold once: by TFG Real Estate on 27 October 2015 for AED 1,365,978, or AED 1,452 per sqft.
- Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 64,615 to AED 42,500 in 2021 and recovered to AED 70,000 by October 2025.
- At AED 70,000 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 10,100 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 11 October 2025.
Questions about 708, The Matrix
What did unit 708 last sell for?
AED 1,365,978 on 27 October 2015, sold by the developer: AED 1,452 per sqft for 940 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 70,000 a year on the contract renewed on 11 October 2025. The previous contract, from October 2024, was AED 70,000; the unit has been rented since April 2018.
How big is unit 708?
940 sqft (87.3 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2014.
What is unit 708 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 708, The Matrix
Starts from the last sale price (AED 1.37M, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,365,978
- Deposit, UAE resident (20%)
- AED 273,196
- Deposit, non-resident (40%)
- AED 546,391
- Monthly over 25 years at 3.7%
- AED 5,589
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →