511, The Matrix
Sold prices and rental history: no registered sale, 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 511, The Matrix
What is 511 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 598 sqft
- Floor
- 5th of 31
- Parking
- nan
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 6,400 /yr
- Last sold
- No registered sale
- Building
- The Matrix
About 511, The Matrix
511 is a studio of 598 sqft on the 5th floor of The Matrix, a 31-storey tower in Dubai Sports City completed in 2014 by TFG Real Estate. No sale of the unit is registered with the Dubai Land Department.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 2 August 2025, is AED 50,000 a year, before the service charge of about AED 6,400 a year.
Sales and rents for 511 over time
No registered sale of 511; 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 511 sits
All 191 studios →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. 511'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
- 7.8%
Other units on the 5th floor
All 376 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 907 sqft | AED 880KAED 880,178 · Jun 2017June 2017 | 34,903 /yr | |
| 502 | 1-bed | 1,312 sqft | AED 1.81MAED 1,811,492 · Apr 2012April 2012 | 52,525 /yr | |
| 503 | Studio | 600 sqft | AED 670KAED 670,000 · Oct 2017October 2017 | 40,000 /yr | |
| 504 | Studio | 595 sqft | AED 975KAED 975,000 · May 2018May 2018 | 44,100 /yr | |
| 505 | Studio | 591 sqft | AED 739KAED 738,797 · Oct 2015October 2015 | ||
| 506 | 1-bed | 1,130 sqft | AED 1.5MAED 1,500,000 · Sep 2021September 2021 | 62,363 /yr | |
| 507 | 1-bed | 860 sqft | AED 1.11MAED 1,106,458 · Nov 2015November 2015 | 52,800 /yr | |
| 508 | 1-bed | 940 sqft | AED 1.82MAED 1,824,014 · Sep 2015September 2015 | 54,600 /yr | |
| 509 | 1-bed | 1,166 sqft | AED 1.6MAED 1,599,279 · Oct 2015October 2015 | 65,000 /yr | |
| 510 | Studio | 606 sqft | AED 724KAED 724,310 · Nov 2015November 2015 | 37,750 /yr | |
| 512 | Studio | 591 sqft | AED 555KAED 555,000 · Oct 2015October 2015 | 42,500 /yr | |
| 513 | 2-bed | 1,382 sqft | AED 2.2MAED 2,200,000 · Nov 2015November 2015 | 95,000 /yr |
511, The Matrix in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 31,000 in 2020 and recovered to AED 50,000 by August 2025.
- 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 2 August 2025.
Questions about 511, The Matrix
What is the rent for unit 511?
AED 50,000 a year on the contract renewed on 2 August 2025. The previous contract, from August 2024, was AED 50,000; the unit has been rented since September 2018.
How big is unit 511?
598 sqft (55.6 sqm): a studio on the 5th floor of a 31-storey tower completed in 2014.
What is unit 511 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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