Studio · 592 sqftThe Matrix, Dubai Sports City · 8th floor · completed 2014

812, The Matrix

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

Unit 812 · DLD and Ejari recordsUpdated 20 September 2019
Last soldAED 1.35M2 November 2015
Current rentAED 40K /yr20 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, The Matrix

What is 812 worth today?

Last sold for AED 1,350,000 in 2015

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20 Sep 2019RentedRenewal
AED 40,000/yr12 months · AED 68 per sqft
20 Sep 2018RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
7 Jun 2017RentedRenewal
AED 50,800/yr12 months · AED 86 per sqft
7 Jun 2016RentedRenewal
AED 50,800/yr12 months · AED 86 per sqft
2 Nov 2015Sold by developerReady
AED 1,350,000AED 2,281 per sqft
7 Jun 2015RentedNew contract
AED 50,800/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 20 September 2019.

Key facts

Type
Studio apartment
Size
592 sqft
Floor
8th of 31
Parking
B-064
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 1.35M · November 2015
Building
The Matrix

About 812, The Matrix

812 is a studio of 592 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 2 November 2015 for AED 1,350,000, or AED 2,281 per sqft, 35% above the AED 1,689 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 September 2019, is AED 40,000 a year: a gross yield of 3.0% on the 2015 price, before the service charge of about AED 6,300 a year.

Sales and rents for 812 over time

Sales
Unit 812, each saleTypical studio in The Matrix
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 883,408; 2015 AED 1,025,000; 2016 AED 950,293; 2017 AED 856,242; 2018 AED 975,000; 2019 AED 500,000; 2020 AED 997,500; 2021 AED 400,000; 2022 AED 500,000; 2023 AED 502,658; 2024 AED 555,814; 2025 AED 666,500; 2026 AED 625,000Sold by developer, November 2015: AED 1,350,000 (AED 2,281 per sqft)

812 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 812, each contractTypical studio in The Matrix
40K60K2014201820222026Typical rent by year: 2014 AED 57,000; 2015 AED 53,850; 2016 AED 53,700; 2017 AED 49,000; 2018 AED 48,000; 2019 AED 46,000; 2020 AED 35,000; 2021 AED 31,000; 2022 AED 32,550; 2023 AED 35,800; 2024 AED 44,000; 2025 AED 50,000; 2026 AED 50,000New contract, June 2015: AED 50,800 a yearRenewal, June 2016: AED 50,800 a yearRenewal, June 2017: AED 50,800 a yearNew contract, September 2018: AED 45,000 a yearRenewal, September 2019: AED 40,000 a year

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 812 sits

All 204 studios →

812 last sold in November 2015 at AED 2,281 per sqft, 35% above what studios in The Matrix were fetching at the time (AED 1,689). 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. 812's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2026580,000
29 Sep 2026550,000
15 Sep 2026605,571
14 Sep 20261,125,000
20 studio 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
8011-bedAED 1.09M · Nov 2015
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
1–7 of 12

812, The Matrix in numbers

  • Sold once: by TFG Real Estate on 2 November 2015 for AED 1,350,000, or AED 2,281 per sqft.
  • Rented since June 2015 on 5 Ejari contracts, from AED 50,800 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 3.0%, 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 20 September 2019.

Questions about 812, The Matrix

What did unit 812 last sell for?

AED 1,350,000 on 2 November 2015, sold by the developer: AED 2,281 per sqft for 592 sqft. It is the only registered sale of the unit.

What is the rent for unit 812?

AED 40,000 a year on the contract renewed on 20 September 2019. The previous contract, from September 2018, was AED 45,000; the unit has been rented since June 2015.

How big is unit 812?

592 sqft (55.0 sqm): a studio on the 8th floor of a 31-storey tower completed in 2014.

What is unit 812 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 812, The Matrix

Starts from the last sale price (AED 1.35M, 2 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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