1-bed · 909 sqftThe Matrix, Dubai Sports City · 8th floor · completed 2014

801, The Matrix

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 2 February 2019
Last soldAED 1.09M10 November 2015
Current rentAED 65K /yr2 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, The Matrix

What is 801 worth today?

Last sold for AED 1,085,627 in 2015

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2 Feb 2019RentedRenewal
AED 65,000/yr12 months · AED 72 per sqft
2 Dec 2018RentedRenewal
AED 75,000/yr2 months · AED 83 per sqft
2 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
1 Jul 2016RentedNew contract
AED 78,000/yr12 months · AED 86 per sqft
10 Nov 2015Sold by developerReady
AED 1,085,627AED 1,193 per sqft

Source: Dubai Land Department. Updated 2 February 2019.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
8th of 31
Parking
B-053
Developer
TFG Real Estate
Completed
2014
Service charge
AED 9,700 /yr
Last sold
AED 1.09M · November 2015
Building
The Matrix

About 801, The Matrix

801 is a one-bedroom apartment of 909 sqft on the 8th 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 1,085,627, or AED 1,193 per sqft, 18% below the AED 1,456 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 2 February 2019, is AED 65,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 9,700 a year.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical one-bed in The Matrix
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,732,618; 2012 AED 1,838,519; 2015 AED 1,580,806; 2016 AED 1,431,650; 2017 AED 1,345,311; 2018 AED 1,425,000; 2019 AED 637,000; 2020 AED 530,000; 2021 AED 715,000; 2022 AED 897,391; 2023 AED 700,000; 2024 AED 775,000; 2025 AED 910,000; 2026 AED 800,000Sold by developer, November 2015: AED 1,085,627 (AED 1,193 per sqft)

801 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 801, each contractTypical one-bed in The Matrix
40K60K80K2014201820222026Typical rent by year: 2014 AED 83,200; 2015 AED 79,000; 2016 AED 77,400; 2017 AED 74,000; 2018 AED 68,654; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 49,250; 2023 AED 52,500; 2024 AED 62,182; 2025 AED 65,000; 2026 AED 65,000New contract, July 2016: AED 78,000 a yearNew contract, December 2017: AED 75,000 a yearRenewal, December 2018: AED 75,000 a yearRenewal, February 2019: AED 65,000 a year

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 801 sits

All 163 1-beds →

801 last sold in November 2015 at AED 1,193 per sqft, 18% below what one-beds in The Matrix were fetching at the time (AED 1,456). 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. 801's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026800,000
17 Jun 2026700,000
4 May 2026900,000
17 Mar 2026860,000
7 1-bed sales in the last 12 months

The Matrix

Building

377 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%
The Matrix, Dubai Sports City: prices, sales and rents →

Other units on the 8th floor

All 377 units in The Matrix
Value
8021-bedAED 1.5M · Oct 2015
803StudioAED 750K · Nov 2015
804StudioAED 365K · Apr 2021
805StudioAED 860K · Mar 2024
8061-bedAED 1.62M · Oct 2017
8071-bedAED 650K · Jan 2024
8081-bedAED 1.31M · Oct 2015
1–7 of 12

801, The Matrix in numbers

  • Sold once: by TFG Real Estate on 10 November 2015 for AED 1,085,627, or AED 1,193 per sqft.
  • Rented since July 2016 on 4 Ejari contracts, from AED 78,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 9,700 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 2 February 2019.

Questions about 801, The Matrix

What did unit 801 last sell for?

AED 1,085,627 on 10 November 2015, sold by the developer: AED 1,193 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 801?

AED 65,000 a year on the contract renewed on 2 February 2019. The previous contract, from December 2018, was AED 75,000; the unit has been rented since July 2016.

How big is unit 801?

909 sqft (84.4 sqm): a one-bedroom apartment on the 8th floor of a 31-storey tower completed in 2014.

What is unit 801 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 801, The Matrix

Starts from the last sale price (AED 1.09M, 10 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,627
Deposit, UAE resident (20%)
AED 217,125
Deposit, non-resident (40%)
AED 434,251
Monthly over 25 years at 3.7%
AED 4,442

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →