1504, The Matrix
Sold prices and rental history: sold once, by the developer in February 2011, 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 1504, The Matrix
What is 1504 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 602 sqft
- Floor
- 15th of 31
- Parking
- M-027
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,500 /yr
- Last sold
- AED 891K · February 2011
- Building
- The Matrix
About 1504, The Matrix
1504 is a studio of 602 sqft on the 15th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 14 February 2011 for AED 891,442, or AED 1,481 per sqft, in line with the AED 1,481 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 26 August 2024, is AED 50,000 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 191 studios →1504 last sold in February 2011 at AED 1,481 per sqft, in line with what studios in The Matrix were fetching at the time (AED 1,481). 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. 1504's AED 50,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 608 sqft | 625,000 | 1,027 | ||
| 9 Jan 20269 January 2026 | 736 sqft | 675,613 | 917 | ||
| 17 Jun 202517 June 2025 | 605 sqft | 988,133 | 1,632 | ||
| 3 Mar 20253 March 2025 | 595 sqft | 645,000 | 1,083 |
The Matrix
Building376 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%
Other units on the 15th floor
All 376 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 922 sqft | AED 1.33MAED 1,330,223 · Aug 2016August 2016 | 65,000 /yr | |
| 1502 | 1-bed | 1,241 sqft | AED 1.03MAED 1,025,000 · Apr 2017April 2017 | 75,000 /yr | |
| 1503 | Studio | 608 sqft | AED 1.13MAED 1,133,977 · Oct 2015October 2015 | 39,690 /yr | |
| 1505 | Studio | 595 sqft | AED 891KAED 891,442 · Sep 2015September 2015 | 50,000 /yr | |
| 1506 | 1-bed | 1,137 sqft | AED 950KAED 950,000 · Jun 2016June 2016 | 57,200 /yr | |
| 1507 | 1-bed | 860 sqft | AED 975KAED 975,000 · Nov 2015November 2015 | 63,000 /yr | |
| 1508 | 1-bed | 940 sqft | AED 1.51MAED 1,508,703 · Oct 2011October 2011 | 65,000 /yr | |
| 1509 | 1-bed | 1,135 sqft | AED 1.65MAED 1,650,000 · Oct 2015October 2015 | 76,000 /yr | |
| 1510 | Studio | 614 sqft | AED 782KAED 781,967 · Oct 2015October 2015 | 55,000 /yr | |
| 1511 | Studio | 605 sqft | AED 782KAED 781,967 · Nov 2015November 2015 | 37,956 /yr | |
| 1512 | Studio | 595 sqft | AED 485KAED 485,000 · Jun 2023June 2023 | 42,000 /yr | |
| 1513 | Studio | 729 sqft | AED 2.07MAED 2,069,998 · Nov 2015November 2015 | 31,500 /yr | |
| 1514 | Studio | 588 sqft | AED 1.17MAED 1,170,970 · Nov 2015November 2015 | 39,900 /yr |
1504, The Matrix in numbers
- Sold once: by TFG Real Estate on 14 February 2011 for AED 891,442, or AED 1,481 per sqft.
- Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 31,000 in 2021 and recovered to AED 50,000 by August 2024.
- At AED 50,000 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 6,500 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 26 August 2024.
Questions about 1504, The Matrix
What did unit 1504 last sell for?
AED 891,442 on 14 February 2011, sold by the developer: AED 1,481 per sqft for 602 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 50,000 a year on the contract signed on 26 August 2024. The previous contract, from July 2023, was AED 42,000; the unit has been rented since May 2018.
How big is unit 1504?
602 sqft (55.9 sqm): a studio on the 15th floor of a 31-storey tower completed in 2014.
What is unit 1504 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 1504, The Matrix
Starts from the last sale price (AED 891K, 14 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 891,442
- Deposit, UAE resident (20%)
- AED 178,288
- Deposit, non-resident (40%)
- AED 356,577
- Monthly over 25 years at 3.7%
- AED 3,647
Plus AED 42,451 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →