707, The Matrix
Sold prices and rental history: sold once, by the developer in May 2018, 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 707, The Matrix
What is 707 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 861 sqft
- Floor
- 7th of 31
- Parking
- B-046
- Developer
- TFG Real Estate
- Completed
- 2014
- Service charge
- AED 9,200 /yr
- Last sold
- AED 1.43M · May 2018
- Building
- The Matrix
About 707, The Matrix
707 is a one-bedroom apartment of 861 sqft on the 7th 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 May 2018 for AED 1,425,000, or AED 1,655 per sqft, 21% above the AED 1,370 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 23 November 2024, is AED 52,500 a year: a gross yield of 3.7% on the 2018 price, before the service charge of about AED 9,200 a year.
Sales and rents for 707 over time
707 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Matrix, and where 707 sits
All 158 1-beds →707 last sold in May 2018 at AED 1,655 per sqft, 21% above what one-beds in The Matrix were fetching at the time (AED 1,370). Over the last 12 months one-beds sold for AED 800,000 to 966,350, around AED 844 per sqft, and rent for AED 52,800 to 85,800 a year. 707's AED 52,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20258 December 2025 | 1,152 sqft | 966,350 | 838 | ||
| 10 Jun 202510 June 2025 | 1,264 sqft | 910,000 | 719 | ||
| 30 May 202530 May 2025 | 940 sqft | 850,000 | 903 | ||
| 23 Apr 202523 April 2025 | 905 sqft | 1,900,000 | 2,100 |
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 7th floor
All 376 units in The Matrix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 908 sqft | AED 682KAED 682,267 · Sep 2023September 2023 | 65,000 /yr | |
| 702 | 1-bed | 1,316 sqft | AED 2.01MAED 2,011,493 · Aug 2012August 2012 | 57,750 /yr | |
| 703 | Studio | 600 sqft | AED 1.67MAED 1,674,627 · Jul 2012July 2012 | 58,000 /yr | |
| 704 | Studio | 595 sqft | AED 475KAED 475,000 · Oct 2023October 2023 | 58,000 /yr | |
| 705 | Studio | 590 sqft | AED 560KAED 560,000 · Apr 2024April 2024 | 50,000 /yr | |
| 706 | 1-bed | 1,130 sqft | AED 1.7MAED 1,698,665 · Mar 2017March 2017 | 70,000 /yr | |
| 708 | 1-bed | 940 sqft | AED 1.37MAED 1,365,978 · Oct 2015October 2015 | 70,000 /yr | |
| 709 | 1-bed | 1,160 sqft | AED 975KAED 975,000 · Oct 2016October 2016 | 53,361 /yr | |
| 710 | Studio | 608 sqft | AED 889KAED 888,503 · Mar 2016March 2016 | 39,750 /yr | |
| 711 | Studio | 600 sqft | AED 889KAED 888,503 · Nov 2015November 2015 | 55,000 /yr | |
| 712 | Studio | 592 sqft | AED 370KAED 370,000 · Apr 2021April 2021 | 33,000 /yr | |
| 713 | 2-bed | 1,383 sqft | AED 2.34MAED 2,338,938 · Nov 2015November 2015 | 95,000 /yr |
707, The Matrix in numbers
- Sold once: by TFG Real Estate on 17 May 2018 for AED 1,425,000, or AED 1,655 per sqft.
- Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 61,500 to AED 42,500 in 2021 and recovered to AED 52,500 by November 2024.
- At AED 52,500 a year the gross yield on the 2018 price is 3.7%, before a service charge of about AED 9,200 a year (AED 10.72 per sqft).
- One-beds in The Matrix sold for AED 800,000–966,350 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 23 November 2024.
Questions about 707, The Matrix
What did unit 707 last sell for?
AED 1,425,000 on 17 May 2018, sold by the developer: AED 1,655 per sqft for 861 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 52,500 a year on the contract renewed on 23 November 2024. The previous contract, from November 2023, was AED 50,000; the unit has been rented since December 2018.
How big is unit 707?
861 sqft (80.0 sqm): a one-bedroom apartment on the 7th floor of a 31-storey tower completed in 2014.
What is unit 707 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Matrix sold for AED 800,000 to 966,350 in the last 12 months, around AED 844 per sqft.
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Mortgage on 707, The Matrix
Starts from the last sale price (AED 1.43M, 17 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus AED 64,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →