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The Matrix

A studio in The Matrix costs a median AED 645,000, rents long-let for AED 54,150/yr (8.83% gross), and returns 12.76% short-let at the assumed 80% occupancy — -0.1 pts vs Dubai Sports City's 8.89% and +1.9 pts vs Dubai's 6.97% — from 34 sales and 119 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
18 in 12 months
Rental contracts · Studio
57 in 12 months
Buy
645,000AED
AED 1,034/sqft
Long-let
8.83%
AED 54,150/yr
Short-let
12.76%
AED 375/night · 0.62/sqft

Price per sqft: Median of 11 registered sales of ready units in the last 6 months, most recent August 2026.

Priced off 4 sales in the last 3 months.

Yield spread
-0.1 pts
vs the Dubai Sports City median for this unit type
Turnover upside
+24.9%
new tenants pay more than sitting ones — 184 renewals
AED/yr/sqft
AED 89
Sales
34
Rental contracts
119
Renewal rent
AED 43,340/yr
12 months
-5.5%
3 years
+25.6%+7.9%/yr
5 years
+55.1%+9.2%/yr

Based on 34 sales and 119 rental contracts in the last 24 months.

The Matrix is an apartment building in Dubai Sports City, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 1,072 registered sales in all — the 34 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 645,00010598.83%
-0.1 pts
-5.5%34
1 bedAED 860,0008128.75%
+0.4 pts
-1.0%21
2 bedAED 1.19M7157.96%
-0.1 pts
+47.5%2

Deltas compare each yield with the Dubai Sports City median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around The Matrix

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m3750.62AED 82,311AED 54,1501.5×12.76%13+
1 bed500m4140.39AED 84,262AED 70,0001.2×9.80%29+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.39 AED/night/sqft; latest Sep 2027, 0.33 AED/night/sqft; peak Mar 2027, 0.55 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because The Matrix itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in The Matrix between 2010 and 2015 went for a median of AED 1,640/sqft (AED 1.37M). The same building resells today at AED 957/sqft (AED 677,886) — an uplift of -50.4%.

Based on 32 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

30 resales in the last 12 months, against 28 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
20 Aug 2026Studio731AED 601,085823
28 Jul 2026Studio607AED 640,0001,055
22 Jul 2026Studio595AED 550,000924
29 Jun 20261 bed940AED 700,000744
22 Jun 2026Studio604AED 625,0001,034
18 Jun 20261 bed923AED 700,000758

6 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 2026Studio613AED 55,00090Renewal
31 Aug 2026Studio594AED 45,00076New
30 Aug 2026Studio614AED 50,00081Renewal
28 Aug 2026Studio731AED 48,00066New
25 Aug 20261 bed860AED 58,00067New
15 Aug 2026Studio605AED 52,00086Renewal
14 Aug 2026Studio595AED 50,00084New
12 Aug 20263 bed2,060AED 120,00058New
11 Aug 20262 bed1,463AED 88,20060Renewal
7 Aug 2026Studio600AED 45,15075Renewal
5 Aug 20261 bed1,134AED 64,00056Renewal
5 Aug 20261 bed1,252AED 85,00068New
2 Aug 2026Studio600AED 41,35669Renewal
1 Aug 20261 bed860AED 65,52776Renewal
1 Aug 2026Studio595AED 46,00077New
1 Aug 2026Studio610AED 43,41771Renewal
31 Jul 20262 bed1,382AED 84,00061New
28 Jul 2026Studio602AED 49,00081New
26 Jul 20261 bed1,170AED 60,00051Renewal
25 Jul 2026Studio595AED 48,00081Renewal
22 Jul 2026Studio607AED 49,00081New
22 Jul 2026Studio608AED 43,65972Renewal
15 Jul 2026Studio593AED 48,00081New
14 Jul 2026Studio614AED 41,29267Renewal
14 Jul 20261 bed860AED 70,00081Renewal
10 Jul 2026Studio595AED 48,00081New
8 Jul 2026Studio612AED 47,00077New
7 Jul 20261 bed923AED 62,00067New
6 Jul 2026Studio744AED 55,62075Renewal
5 Jul 2026Studio614AED 41,35667Renewal
3 Jul 2026Studio605AED 41,29268Renewal
1 Jul 20261 bed1,286AED 61,00047New
1 Jul 20261 bed1,264AED 75,00059New
1 Jul 2026Studio584AED 50,00086New
1 Jul 20261 bed911AED 58,00064New
30 Jun 2026Studio605AED 41,75269Renewal
30 Jun 2026Studio585AED 40,02268Renewal
26 Jun 2026Studio591AED 53,00090Renewal
25 Jun 20261 bed860AED 66,00077Renewal
25 Jun 20261 bed940AED 58,00062New
20 Jun 20261 bed1,160AED 58,83051New
15 Jun 20261 bed940AED 68,00072New
15 Jun 20261 bed1,312AED 75,00057New
15 Jun 20261 bed1,113AED 58,80053Renewal
13 Jun 2026Studio603AED 41,35669Renewal
11 Jun 20261 bed1,293AED 56,10043Renewal
6 Jun 20261 bed940AED 55,18159Renewal
3 Jun 2026Studio604AED 39,47665Renewal
1 Jun 20261 bed1,113AED 57,75052Renewal
1 Jun 20261 bed1,141AED 70,00061New
27 May 2026Studio597AED 50,40084Renewal

51 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
29
Flats
381

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Dubai Sports City, on the same figures over the same window.

Common questions

What is the rental yield in The Matrix?
The Matrix returns 8.83% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 119 rental contracts registered in the last 24 months.
How much does a studio in The Matrix cost?
The median registered sale price is AED 645,000 (1,059 AED/sqft), from 34 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Matrix selling for right now?
Registered sales of ready units in The Matrix over the last 6 months have a median of 1,034 AED/sqft, across 11 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Matrix risen or fallen?
Median price per square foot moved -5.5% over the last 12 months against the 12 before it, on 34 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Matrix compare with Dubai Sports City?
Its 8.83% gross yield sits -0.1 pts against the Dubai Sports City median of 8.89%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

The Matrix sale record

Record type
Building-level property market record
Data date
Evidence base
34 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/dubai-sports-city/the-matrix
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Matrix sale prices and yield.” Dubai Sports City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-sports-city/the-matrix.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.