Studio · 838 sqftThe Matrix, Dubai Sports City · 4th floor · completed 2014

412, 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 412 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 805K29 October 2015
Current rentAED 60K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, The Matrix

What is 412 worth today?

Last sold for AED 805,496 in 2015

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21 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
9 Sep 2023RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
14 Feb 2022RentedRenewal
AED 41,800/yr6 months · AED 50 per sqft
14 Aug 2021RentedRenewal
AED 34,000/yr6 months · AED 41 per sqft
14 Feb 2021RentedRenewal
AED 34,000/yr6 months · AED 41 per sqft
14 Feb 2020RentedRenewal
AED 47,000/yr12 months · AED 56 per sqft
14 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
7 Nov 2017RentedNew contract
AED 53,500/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2024.

Key facts

Type
Studio apartment
Size
838 sqft
Floor
4th of 31
Parking
B-012
Developer
TFG Real Estate
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 805K · October 2015
Building
The Matrix

About 412, The Matrix

412 is a studio of 838 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 29 October 2015 for AED 805,496, or AED 961 per sqft, 43% below the AED 1,689 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 21 October 2024, is AED 60,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 9,000 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, October 2015: AED 805,496 (AED 961 per sqft)

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

Rents
Unit 412, 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, February 2019: AED 55,000 a yearRenewal, February 2020: AED 47,000 a yearRenewal, February 2021: AED 34,000 a yearRenewal, August 2021: AED 34,000 a yearRenewal, February 2022: AED 41,800 a yearRenewal, September 2023: AED 40,000 a yearNew contract, October 2024: AED 60,000 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 412 sits

All 191 studios →

412 last sold in October 2015 at AED 961 per sqft, 43% below what studios in The Matrix were fetching at the time (AED 1,689). 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. 412's AED 60,000 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 4th floor

All 376 units in The Matrix
Value
4011-bedAED 1.74M · Oct 2015
4021-bedAED 2.68M · Nov 2015
403StudioAED 1.55M · Oct 2015
404StudioAED 1.55M · Mar 2016
405StudioAED 1.77M · Oct 2015
4061-bedAED 1.5M · Jul 2016
4071-bedAED 1.83M · Nov 2015
1–7 of 12

412, The Matrix in numbers

  • Sold once: by TFG Real Estate on 29 October 2015 for AED 805,496, or AED 961 per sqft.
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 53,500 to AED 34,000 in 2021 and recovered to AED 60,000 by October 2024.
  • At AED 60,000 a year the gross yield on the 2015 price is 7.4%, 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 21 October 2024.

Questions about 412, The Matrix

What did unit 412 last sell for?

AED 805,496 on 29 October 2015, sold by the developer: AED 961 per sqft for 838 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 60,000 a year on the contract signed on 21 October 2024. The previous contract, from September 2023, was AED 40,000; the unit has been rented since November 2017.

How big is unit 412?

838 sqft (77.9 sqm): a studio on the 4th floor of a 31-storey tower completed in 2014.

What is unit 412 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 412, The Matrix

Starts from the last sale price (AED 805K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 805,496
Deposit, UAE resident (20%)
AED 161,099
Deposit, non-resident (40%)
AED 322,198
Monthly over 25 years at 3.7%
AED 3,296

Plus AED 38,841 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →