The Matrix

P1 — Delivered Ready Primary
Developer The First Group
Community Dubai Sports City
Property type Apartment
Data updated Mar 31, 2026

The Matrix is a Delivered development by The First Group in Dubai Sports City. 381 units across Studio (54%), 1 Bedroom (44%), 2 Bedroom (3%). Over the trailing 12 months, 559 sales at a median of AED 715,000.

Key Metrics
Median Price
Value
AED 715,000
Change
10.9% YoY
Transactions
Value
559
Change
29 in period
Price / sqft
Value
AED 979
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 715,000
↑ 10.9% YoY
Transactions
559
↑ 29 in period
Price / sqft
AED 979
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
3.1%
Holding Period
Value
4.6 yrs
Liquidity
Value
7.6%
Price Dispersion
Value
1.0%
Ready Market Mix
Value
0.0%
Rental Activity
Value
68.6%
Capital Return
3.1%
Holding Period
4.6 yrs
Liquidity
7.6%
Price Dispersion
1.0%
Ready Market Mix
0.0%
Rental Activity
68.6%

Rental Performance

Rental Volume
Value
2,599
Avg Annual Rent
Value
AED 55,197
New Leases
Value
56.8%
Renewals
Value
43.2%
Rental Volume
2,599
Avg Annual Rent
AED 55,197
New Leases
56.8%
Renewals
43.2%

Unit Mix

By bedroom type
Studio 204 units · 54%
1 Bedroom 166 units · 44%
2 Bedroom 10 units · 3%
3 Bedroom 1 units · 0%

Transaction Breakdown

All time — 559 transactions
Off-Plan Primary
31
Off-Plan Secondary
2
Ready Primary
342
Ready Secondary
184

Price History

Median Price — The Matrix

Median prices in The Matrix have declined significantly, down 32% to AED 715K over the past 12 months.

Recent Transactions

Showing last 10 of 559
Date Type Price (AED) Size (sqft) AED/sqft
Mar 31, 2026 RP Secondary 715,000 613 1,165
Mar 18, 2026 RP Secondary 665,000 605 1,097
Mar 17, 2026 RP Secondary 860,000 1,252 686
Feb 27, 2026 RP Secondary 800,000 940 850
Feb 26, 2026 RP Secondary 625,000 587 1,063
Jan 28, 2026 RP Secondary 625,000 608 1,027
Jan 09, 2026 RP Secondary 675,613 736 917
Dec 08, 2025 RP Secondary 966,350 1,152 838
Nov 27, 2025 RP Secondary 677,886 606 1,117
Nov 27, 2025 RP Secondary 671,061 604 1,110

This project is in Dubai Sports City

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