404, The Matrix
Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, The Matrix
What is 404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 836 sqft
- Floor
- 4th of 31
- Parking
- B-004
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 9,000 /yr
- Last sold
- AED 1.55M · March 2016
- Building
- The Matrix
About 404, The Matrix
404 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 17 March 2016 for AED 1,550,295, or AED 1,855 per sqft, 11% above the AED 1,674 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 18 March 2024, is AED 34,000 a year: a gross yield of 2.2% on the 2016 price, before the service charge of about AED 9,000 a year.
Sales and rents for 404 over time
404 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 404 sits
All 191 studios →404 last sold in March 2016 at AED 1,855 per sqft, 11% above 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. 404's AED 34,000 is in the lower 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 4th floor
All 376 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,034 sqft | AED 1.74MAED 1,743,323 · Oct 2015October 2015 | 70,000 /yr | |
| 402 | 1-bed | 1,293 sqft | AED 2.68MAED 2,684,455 · Nov 2015November 2015 | 51,000 /yr | |
| 403 | Studio | 836 sqft | AED 1.55MAED 1,553,961 · Oct 2015October 2015 | 55,000 /yr | |
| 405 | Studio | 836 sqft | AED 1.77MAED 1,771,845 · Oct 2015October 2015 | 38,115 /yr | |
| 406 | 1-bed | 1,390 sqft | AED 1.5MAED 1,500,000 · Jul 2016July 2016 | 64,050 /yr | |
| 407 | 1-bed | 1,045 sqft | AED 1.83MAED 1,829,071 · Nov 2015November 2015 | 65,000 /yr | |
| 408 | 1-bed | 1,276 sqft | AED 1.82MAED 1,815,733 · Jan 2018January 2018 | 68,000 /yr | |
| 409 | 1-bed | 1,311 sqft | AED 600KAED 600,000 · Sep 2022September 2022 | 72,000 /yr | |
| 410 | Studio | 838 sqft | AED 875KAED 875,373 · Feb 2011February 2011 | 55,000 /yr | |
| 411 | Studio | 838 sqft | AED 600KAED 600,000 · Oct 2022October 2022 | 57,000 /yr | |
| 412 | Studio | 838 sqft | AED 805KAED 805,496 · Oct 2015October 2015 | 60,000 /yr | |
| 413 | 2-bed | 1,939 sqft | AED 1.12MAED 1,120,000 · Jul 2025July 2025 | 115,000 /yr |
404, The Matrix in numbers
- Sold once: by TFG Real Estate on 17 March 2016 for AED 1,550,295, or AED 1,855 per sqft.
- Rented since February 2020 on 4 Ejari contracts, from AED 43,000 to AED 34,000 a year.
- At AED 34,000 a year the gross yield on the 2016 price is 2.2%, 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 18 March 2024.
Questions about 404, The Matrix
What did unit 404 last sell for?
AED 1,550,295 on 17 March 2016, sold by the developer: AED 1,855 per sqft for 836 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 34,000 a year on the contract renewed on 18 March 2024. The previous contract, from March 2023, was AED 34,000; the unit has been rented since February 2020.
How big is unit 404?
836 sqft (77.7 sqm): a studio on the 4th floor of a 31-storey tower completed in 2014.
What is unit 404 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 404, The Matrix
Starts from the last sale price (AED 1.55M, 17 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,295
- Deposit, UAE resident (20%)
- AED 310,059
- Deposit, non-resident (40%)
- AED 620,118
- Monthly over 25 years at 3.7%
- AED 6,343
Plus AED 70,123 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →