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Sold for AED 900,000: 1-Bedroom Apartment in The Matrix

Located in Sports City, Dubai. Its price per sqft is −13% vs the The Matrix median (AED 924/sqft).

All Sports City salesThe Matrix prices

Sale price

AED 900,000

Per sqft
AED 805
Registered
4 May 2026, 13:01 (Dubai)
The Matrix, Dubai

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in The Matrix: same layout, exact size (1,118 sqft) and parking bay P2-049. The registry has no unit numbers, so records are matched on these details.

  1. 4 May 2026This sale

    1,118 sqft · AED 805/sqft · Ready

    First recordAED 900,000

  2. 4 May 2026Mortgage

    Same day as previous · 1,118 sqft · AED 644/sqft · Ready

    20%lower than the previous recordAED 720,000
Records
2
Registered
Same day
as the mortgage, 4 May 2026
Loan to value
80%
AED 720K mortgage on the AED 900K sale

02 / The property

Property details

Size
1,118 sqft · 103.87 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P2-049
Nearest metro
Nakheel Metro Station
Nearest mall
Marina Mall
Nearest landmark
Sports City Swimming Academy

03 / Comparables

All sales in The Matrix (9 Jan 2026 – 29 Sept 2026)

23 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
29 Sept 2026550K−39% vs selected907+13% vs selected
15 Sept 2026605.57K−33% vs selected991+23% vs selected
14 Sept 20261.13M+25% vs selected1,875+133% vs selected
11 Sept 2026800K−11% vs selected867+8% vs selected
20 Aug 2026601.09K−33% vs selected823+2% vs selected
28 Jul 2026640K−29% vs selected1,055+31% vs selected
22 Jul 2026550K−39% vs selected924+15% vs selected
29 Jun 2026700K−22% vs selected744−8% vs selected
19 Jun 2026625K−31% vs selected1,034+29% vs selected
17 Jun 2026700K−22% vs selected758−6% vs selected
7 May 2026600K−33% vs selected999+24% vs selected
4 May 2026522.63K−42% vs selected865+7% vs selected
1 BR · 1,118 sqftReadySelected sale
4 May 2026900K805
28 Apr 20261.06M+18% vs selected1,753+118% vs selected
24 Apr 2026660K−27% vs selected1,103+37% vs selected
7 Apr 2026645K−28% vs selected770−4% vs selected
31 Mar 2026715K−21% vs selected1,166+45% vs selected
18 Mar 2026665K−26% vs selected1,098+36% vs selected
17 Mar 2026860K−4% vs selected687−15% vs selected
27 Feb 2026800K−11% vs selected851+6% vs selected
26 Feb 2026625K−31% vs selected1,063+32% vs selected
28 Jan 2026625K−31% vs selected1,028+28% vs selected
9 Jan 2026675.61K−25% vs selected918+14% vs selected

04 / Renting it out

What similar apartments rent for

Median of 17 market rents of apartments of 950–1,286 sq ft in Sports City. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 70,000
Per sqft / yr
AED 66/sqft
Gross yield
7.8%