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The Matrix
Dubai Sports City · DLD district Al Hebiah Fourth The First GroupDLD project 99
Office and residential towers in Business Bay, Dubai. A general view of Dubai, not this projectPhoto: giggel, Wikimedia Commons, CC BY 3.0, resized and cropped
The short answer
The Matrix is listed as finished on the DLD register. Its 31 home sales over Oct 2025–Sep 2026 registered at a median AED 676k, AED 918 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Finished
project 99
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on192 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
192
registered with DLD, all types
Median StudioSourceDLD registered salesWindowOct 2025–Sep 2026Based on20 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 633k
AED 1,031/sq ft · 20 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on31 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 676k
31 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on31 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
31
+15% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 10 home sales; median size 941 sq ft.
The DLD project register
FinishedFinished on the DLD register
92.5% built at DLD’s inspection on 27 May 2013.
- DLD project number
- 99
- Status
- Finished
- Completion date
- 26 May 2014
- Start date
- 19 Nov 2008
- Registered
- 3 Jan 2010
- Developer
- T F G Real Estate L.L.C · DLD developer 29
- Escrow account bank
- Mashreq Bank Psc
- Units
- 384
- Buildings
- 1: The Matrix
Inspection history: 3 inspections on the register
| Inspection date | Built |
|---|---|
| 27 May 2013 | 92.5% |
| 20 Jan 2013 | 84.1% |
| 1 Dec 2012 | 68.6% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. The First Group can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-99-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| Studio | 20 | AED 633k | 1,031 | 606 |
| 1 BR | 10 | AED 800k | 822 | 941 |
| 2 BR | 1 · fewer than 5 | — | — | — |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Price against launch
median price per sq ft, homes| Size | Launch | Sales | Latest | Sales | Change |
|---|---|---|---|---|---|
| Studio | AED 1,448 | 8 | AED 957 | 6 | −34% |
Launch: first 90 days of registered sales of off-plan homes, 29 Dec 2010 to 28 Mar 2011. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 29 Sep 2026 | Flat · Studio Ready | 606 | AED 550k | 907 | −36% |
| 15 Sep 2026 | Flat · Studio Ready | 611 | AED 606k | 991 | −30% |
| 14 Sep 2026 | Flat · Studio Ready | 600 | AED 1.1m | 1,875 | +33% |
| 11 Sep 2026 | Flat · 1 BR Ready | 924 | AED 800k | 867 | −31% |
| 20 Aug 2026 | Flat · Studio Ready | 731 | AED 601k | 823 | −42% |
| 28 Jul 2026 | Flat · Studio Ready | 607 | AED 640k | 1,055 | −25% |
| 22 Jul 2026 | Flat · Studio Ready | 595 | AED 550k | 924 | −34% |
| 29 Jun 2026 | Flat · 1 BR Ready | 941 | AED 700k | 744 | −41% |
| 19 Jun 2026 | Flat · Studio Ready | 604 | AED 625k | 1,035 | −27% |
| 17 Jun 2026 | Flat · 1 BR Ready | 924 | AED 700k | 758 | −40% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Dubai Sports City, Oct 2025–Sep 2026.
The First Group’s newest ads
None of The First Group’s 19 running ads names The Matrix; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
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Dubai Sports City market insights
Registered with DLD under the district Al Hebiah Fourth, 2019 to 5 Oct 2026.
AED 1,186Sep 2026+35%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
4,234 sales2025+415%on 2019
Full years only, registered sales of every type. 2,354 sales in 2026 to 5 Oct.
Off-plan share
57% of the 3,777 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 24 | 0 | 24 | AED 18.3m | AED 625k | 820 |
| 2020 | 21 | 0 | 21 | AED 18.2m | AED 700k | 997 |
| 2021 | 23 | 0 | 23 | AED 14.4m | AED 450k | 677 |
| 2022 | 16 | 0 | 16 | AED 13.5m | AED 600k | 866 |
| 2023 | 24 | 0 | 24 | AED 14.5m | AED 523k | 806 |
| 2024 | 30 | 0 | 30 | AED 20.2m | AED 590k | 895 |
| 2025 | 31 | 0 | 31 | AED 26.1m | AED 800k | 904 |
| 2026 to 5 Oct | 23 | 0 | 23 | AED 16.3m | AED 660k | 924 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
192sales registered, Jan 2019 to Sep 2026
Every registered sale, all property types.
Other projects in Dubai Sports City
3,777 sales were registered in Dubai Sports City over Oct 2025–Sep 2026, with homes at a median AED 1,244 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Aspirz by Danube | Danube | Due Dec 2028 | 534 | AED 1.1m |
| Verde by Vision | Vision Developments | Due Sep 2027 | 230 | AED 1.2m |
| Binghatti Haven | Binghatti | Due Mar 2026 | 217 | AED 1.7m |
| Azizi Grand | Azizi | Due Feb 2025 | 213 | AED 800k |
| Hadley Heights 2 | Leos | Due Oct 2027 | 192 | AED 1.2m |
| Aura | Majid Al Futtaim | Finished | 127 | AED 5.0m |
| Hera Tower | Titans | Finished | 111 | AED 642k |
| The Community - Sports Arena | Aqua Properties | Due Oct 2027 | 109 | AED 1.8m |
| The First Collection at Dubai Sports City | The First Group | Due Nov 2027 | 105 | — |
| Antalya by Karma | Karma | Due Sep 2028 | 100 | AED 1.2m |
| Condor Golf Links 18 | Condor | Finished | 79 | AED 867k |
| Harmony | Majid Al Futtaim | Finished | 73 | — |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by The First Group
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| The First Collection at Dubai Studio City | Dubai Studio City | Jan 2028 | 21% | 223 |
| Ciel | Dubai Marina | Finished | — | 167 |
| The First Collection at Dubai Sports City | Dubai Sports City | Nov 2027 | 65.7% | 105 |
| Sky Bay Hotel | Business Bay | Finished | — | 74 |
| The One at Jumeirah Village Triangle | Jumeirah Village Triangle | Finished | — | 47 |
| Sky Central | Barsha Heights | Finished | — | 37 |
| The One | Jumeirah Village Circle | Finished | — | 28 |
| The One Hotel | Business Bay | Finished | — | 28 |
| The Bridge | Dubai Sports City | Finished | — | 28 |
| Tfg One Hotel | Dubai Marina | Finished | — | 24 |
| Avalon Tower | Jumeirah Village Circle | Finished | — | 22 |
| The Spirit | Dubai Sports City | Finished | — | 21 |
More from The First Group
Every The First Group projectDubai, general view
The First Collection at Dubai Studio City
Dubai Studio City · The First Group
Due Jan 2028DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai Marina · area photo
Ciel
Dubai Marina · The First Group
Finished
Finished on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
The First Collection at Dubai Sports City
Dubai Sports City · The First Group
Due Nov 2027DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Business Bay · area photo
Sky Bay Hotel
Business Bay · The First Group
Finished
Finished on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
The One at Jumeirah Village Triangle
Jumeirah Village Triangle · The First Group
Finished
Finished on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
Sky Central
Barsha Heights · The First Group
Finished
Finished on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Photos: Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Dubai Marina by Norlando Pobre (Wikimedia Commons, CC BY 2.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Business Bay and the Dubai Water Canal by Sergei Gussev (Wikimedia Commons, CC BY 2.0). Resized and cropped.
More projects in Dubai Sports City
Everything in Dubai Sports CityDubai, general view
Aspirz by Danube
Dubai Sports City · Danube
Due Dec 2028DLD register
Median home price, Oct 2025–Sep 2026AED 1.1m
Dubai, general view
Verde by Vision
Dubai Sports City · Vision Developments
Due Sep 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
Binghatti Haven
Dubai Sports City · Binghatti
Due Mar 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.7m
Dubai, general view
Azizi Grand
Dubai Sports City · Azizi
Due Feb 2025DLD register
Median home price, Oct 2025–Sep 2026AED 800k
Dubai, general view
Hadley Heights 2
Dubai Sports City · Leos
Due Oct 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
Aura
Dubai Sports City · Majid Al Futtaim
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 5.0m
Photos: Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0). Resized and cropped.
Before you buy a home in The Matrix
About The Matrix
The Matrix is a The First Group project in Dubai Sports City, Dubai, registered with the Dubai Land Department as project 99 by T F G Real Estate L.L.C. The register lists it as finished.
192 sales have been registered since Jan 2019, the first on 10 Jan 2019, 31 of them over Oct 2025–Sep 2026. Over those twelve months its 31 home sales registered at a median AED 676k. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 31st of the 102 projects with a registered sale in Dubai Sports City, and 14th of The First Group’s 20.
Questions about The Matrix
Is The Matrix finished?
Yes. The DLD register lists The Matrix as finished.
What do homes in The Matrix sell for?
Studio: a median AED 633k, AED 1,031 per sq ft, from 20 sales; 1 BR: a median AED 800k, AED 822 per sq ft, from 10 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has The Matrix had?
192 sales registered with the Dubai Land Department since Jan 2019, 31 of them over Oct 2025–Sep 2026.
Who is the developer of The Matrix?
The DLD register lists T F G Real Estate L.L.C, DLD developer number 29, which we group under The First Group.
Where is The Matrix?
In Dubai Sports City, Dubai. The Dubai Land Department registers its sales under the district Al Hebiah Fourth. Homes there registered at a median AED 1,244 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for The Matrix?
The DLD project register lists an escrow account with Mashreq Bank Psc for The Matrix.
Cite this page
The Matrix, Dubai Sports City. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/the-matrix
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.