711, The Matrix
Sold prices and rental history: sold once, by the developer in November 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 711, The Matrix
What is 711 worth today?
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Source: Dubai Land Department. Updated 31 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 600 sqft
- Floor
- 7th of 31
- Parking
- B-050
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- AED 889K · November 2015
- Building
- The Matrix
About 711, The Matrix
711 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 10 November 2015 for AED 888,503, or AED 1,481 per sqft, 11% below the AED 1,672 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 31 January 2026, is AED 55,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 6,400 a year.
Sales and rents for 711 over time
711 has sold once; 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 711 sits
All 204 studios →711 last sold in November 2015 at AED 1,481 per sqft, 11% below what studios in The Matrix were fetching at the time (AED 1,672). 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. 711's AED 55,000 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 | |
| 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 | |
| 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 |
711, The Matrix in numbers
- Sold once: by TFG Real Estate on 10 November 2015 for AED 888,503, or AED 1,481 per sqft.
- Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 34,000 in 2021 and recovered to AED 55,000 by January 2026.
- At AED 55,000 a year the gross yield on the 2015 price is 6.2%, 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 January 2026.
Questions about 711, The Matrix
What did unit 711 last sell for?
AED 888,503 on 10 November 2015, sold by the developer: AED 1,481 per sqft for 600 sqft. It is the only registered sale of the unit.
What is the rent for unit 711?
AED 55,000 a year on the contract renewed on 31 January 2026. The previous contract, from January 2025, was AED 55,000; the unit has been rented since August 2018.
How big is unit 711?
600 sqft (55.7 sqm): a studio on the 7th floor of a 31-storey tower completed in 2014.
What is unit 711 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.
Selling 711? Put it on the OpenOffers board
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Mortgage on 711, The Matrix
Starts from the last sale price (AED 889K, 10 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 888,503
- Deposit, UAE resident (20%)
- AED 177,701
- Deposit, non-resident (40%)
- AED 355,401
- Monthly over 25 years at 3.7%
- AED 3,635
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →