Studio · 599 sqftThe Matrix, Dubai Sports City · 11th floor · completed 2014

1104, The Matrix

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

Unit 1104 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 761K13 April 2016
Current rentAED 58K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, The Matrix

What is 1104 worth today?

Last sold for AED 760,851 in 2016

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21 Nov 2025RentedNew contract
AED 58,000/yr12 months · AED 97 per sqft
29 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 92 per sqft
28 Sep 2023RentedNew contract
AED 47,000/yr12 months · AED 78 per sqft
9 Sep 2022RentedNew contract
AED 36,000/yr12 months · AED 60 per sqft
7 Mar 2022RentedRenewal
AED 33,600/yr12 months · AED 56 per sqft
7 Sep 2021RentedRenewal
AED 32,000/yr6 months · AED 53 per sqft
7 Mar 2021RentedRenewal
AED 32,000/yr6 months · AED 53 per sqft
7 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2025.

Key facts

Type
Studio apartment
Size
599 sqft
Floor
11th of 31
Parking
B-083
Developer
TFG Real Estate
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 761K · April 2016
Building
The Matrix

About 1104, The Matrix

1104 is a studio of 599 sqft on the 11th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 13 April 2016 for AED 760,851, or AED 1,270 per sqft, 24% below the AED 1,674 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 21 November 2025, is AED 58,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical studio in The Matrix
500K1M2011201520192023Typical sale price by year: 2011 AED 875,373; 2015 AED 1,046,992; 2016 AED 1,001,461; 2017 AED 856,242; 2018 AED 975,000; 2019 AED 500,000; 2020 AED 997,500; 2021 AED 419,500; 2022 AED 500,000; 2023 AED 495,158; 2024 AED 555,814; 2025 AED 632,808Sold by developer, April 2016: AED 760,851 (AED 1,270 per sqft)

1104 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1104, each contractTypical studio in The Matrix
40K60K2014201820222026Typical rent by year: 2014 AED 57,000; 2015 AED 54,000; 2016 AED 54,150; 2017 AED 49,000; 2018 AED 48,000; 2019 AED 46,000; 2020 AED 32,954; 2021 AED 31,000; 2022 AED 32,550; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 50,000; 2026 AED 53,000New contract, March 2015: AED 51,700 a yearRenewal, March 2016: AED 51,700 a yearNew contract, July 2018: AED 49,000 a yearNew contract, March 2019: AED 50,000 a yearRenewal, March 2021: AED 32,000 a yearRenewal, September 2021: AED 32,000 a yearRenewal, March 2022: AED 33,600 a yearNew contract, September 2022: AED 36,000 a yearNew contract, September 2023: AED 47,000 a yearNew contract, October 2024: AED 55,000 a yearNew contract, November 2025: AED 58,000 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 1104 sits

All 191 studios →

1104 last sold in April 2016 at AED 1,270 per sqft, 24% below what studios in The Matrix were fetching at the time (AED 1,674). Over the last 12 months studios sold for AED 625,000 to 677,886, around AED 1,069 per sqft, and rent for AED 20,000 to 62,000 a year. 1104's AED 58,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Jan 2026625,000
9 Jan 2026675,613
17 Jun 2025988,133
3 Mar 2025645,000
4 studio sales in the last 12 months

The Matrix

Building

376 apartments, studios to 3-bed over 31 floors in Dubai Sports City, completed in 2014 by TFG Real Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 972
Typical sale
AED 677K
Typical rent
AED 58K /yr
Typical yield
7.7%
The Matrix, Dubai Sports City: prices, sales and rents →

Other units on the 11th floor

All 376 units in The Matrix
Value
11011-bedAED 1.77M · Oct 2015
11021-bedAED 1.28M · May 2011
1103StudioAED 761K · Jan 2018
1105StudioAED 520K · Apr 2024
11061-bedAED 1.41M · Oct 2013
11071-bedAED 700K · Oct 2023
11081-bedAED 940K · Dec 2021
1–7 of 13

1104, The Matrix in numbers

  • Sold once: by TFG Real Estate on 13 April 2016 for AED 760,851, or AED 1,270 per sqft.
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 51,700 to AED 32,000 in 2021 and recovered to AED 58,000 by November 2025.
  • At AED 58,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 6,400 a year (AED 10.72 per sqft).
  • Studios in The Matrix sold for AED 625,000–677,886 in the 12 months to November 2026; the building's median across all types is AED 972 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2025.

Questions about 1104, The Matrix

What did unit 1104 last sell for?

AED 760,851 on 13 April 2016, sold by the developer: AED 1,270 per sqft for 599 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 58,000 a year on the contract signed on 21 November 2025. The previous contract, from October 2024, was AED 55,000; the unit has been rented since March 2015.

How big is unit 1104?

599 sqft (55.6 sqm): a studio on the 11th floor of a 31-storey tower completed in 2014.

What is unit 1104 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 625,000 to 677,886 in the last 12 months, around AED 1,069 per sqft.

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Mortgage on 1104, The Matrix

Starts from the last sale price (AED 761K, 13 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 760,851
Deposit, UAE resident (20%)
AED 152,170
Deposit, non-resident (40%)
AED 304,340
Monthly over 25 years at 3.7%
AED 3,113

Plus AED 36,966 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →