Studio · 836 sqftThe Matrix, Dubai Sports City · 4th floor · completed 2014

403, The Matrix

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 3 August 2025
Last soldAED 1.55M25 October 2015
Current rentAED 55K /yr3 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Matrix

What is 403 worth today?

Last sold for AED 1,553,961 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Aug 2025RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
3 Aug 2024RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
3 Aug 2023RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
3 Aug 2022RentedRenewal
AED 35,000/yr12 months · AED 42 per sqft
3 Aug 2021RentedRenewal
AED 35,000/yr12 months · AED 42 per sqft
3 Aug 2019RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
17 Jan 2019RentedNew contract
AED 48,000/yr12 months · AED 57 per sqft
19 Nov 2017RentedNew contract
AED 53,500/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2025.

Key facts

Type
Studio apartment
Size
836 sqft
Floor
4th of 31
Parking
B-003
Developer
TFG Real Estate
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 1.55M · October 2015
Building
The Matrix

About 403, The Matrix

403 is a studio of 836 sqft on the 4th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. The developer sold it on 25 October 2015 for AED 1,553,961, or AED 1,859 per sqft, 8% above the AED 1,728 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 3 August 2025, is AED 55,000 a year: a gross yield of 3.5% on the 2015 price, before the service charge of about AED 9,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical studio in The Matrix
1M2011201520192023Typical 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, October 2015: AED 1,553,961 (AED 1,859 per sqft)

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

Rents
Unit 403, 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, November 2017: AED 53,500 a yearNew contract, January 2019: AED 48,000 a yearNew contract, August 2019: AED 45,000 a yearRenewal, August 2021: AED 35,000 a yearRenewal, August 2022: AED 35,000 a yearRenewal, August 2023: AED 50,000 a yearRenewal, August 2024: AED 55,000 a yearRenewal, August 2025: AED 55,000 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 403 sits

All 191 studios →

403 last sold in October 2015 at AED 1,859 per sqft, 8% above what studios in The Matrix were fetching at the time (AED 1,728). 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. 403's AED 55,000 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
7.8%
The Matrix, Dubai Sports City: prices, sales and rents →

Other units on the 4th floor

All 376 units in The Matrix
Value
4011-bedAED 1.74M · Oct 2015
4021-bedAED 2.68M · Nov 2015
404StudioAED 1.55M · Mar 2016
405StudioAED 1.77M · Oct 2015
4061-bedAED 1.5M · Jul 2016
4071-bedAED 1.83M · Nov 2015
4081-bedAED 1.82M · Jan 2018
1–7 of 12

403, The Matrix in numbers

  • Sold once: by TFG Real Estate on 25 October 2015 for AED 1,553,961, or AED 1,859 per sqft.
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 53,500 to AED 35,000 in 2022 and recovered to AED 55,000 by August 2025.
  • At AED 55,000 a year the gross yield on the 2015 price is 3.5%, before a service charge of about AED 9,000 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 3 August 2025.

Questions about 403, The Matrix

What did unit 403 last sell for?

AED 1,553,961 on 25 October 2015, sold by the developer: AED 1,859 per sqft for 836 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 55,000 a year on the contract renewed on 3 August 2025. The previous contract, from August 2024, was AED 55,000; the unit has been rented since November 2017.

How big is unit 403?

836 sqft (77.7 sqm): a studio on the 4th floor of a 31-storey tower completed in 2014.

What is unit 403 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.

Selling 403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 403, The Matrix

Starts from the last sale price (AED 1.55M, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,553,961
Deposit, UAE resident (20%)
AED 310,792
Deposit, non-resident (40%)
AED 621,584
Monthly over 25 years at 3.7%
AED 6,358

Plus AED 70,276 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →