The Matrix

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by The First Group
384
Total Units
375
Sold
⃃ 1,050,000
Median Price
⃃ 1,350
Median Price /sqft
Construction progress: 100%
Start: Jan, 2010Completion: May, 2014

The Matrix Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio204580 sqft - 840 sqft⃃ 0.6M (1,030 /sqft)⃃ 1,450 /sqft
-29.22
1 Bed166700 sqft - 1,390 sqft⃃ 0.8M (810 /sqft)⃃ 1,260 /sqft
-36.2
2 Beds101,380 sqft - 1,940 sqft⃃ 1.3M (850 /sqft)⃃ 1,300 /sqft
-34.42
3 Beds12,060 sqft - 2,060 sqft⃃ 1,650 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
The MatrixAl Hebiah Fourth
Jan 20181.9K1.0K
Feb 20181.7K955
Mar 20181.6K1.0K
Apr 20181.5K896
May 20181.6K911
Jun 20181.2K895
Jul 20181.0K879
Aug 2018954805
Sep 20181.2K910
Oct 2018850819
Nov 2018—649
Dec 20181.6K667
Jan 2019831738
Feb 2019698752
Mar 20191.6K759
Apr 2019882710
May 2019653716
Jun 2019700705
Jul 2019601734
Aug 2019—691
Sep 2019757766
Oct 2019820656
Nov 2019484913
Dec 20191.7K993
Jan 20201.1K712
Feb 2020—719
Mar 20201.5K718
Apr 2020—565
May 20201.7K491
Jun 2020498795
Jul 20201.7K547
Aug 2020—492
Sep 2020547850
Oct 2020570849
Nov 2020545828
Dec 20201.6K627
Jan 20212.1K649
Feb 2021825848
Mar 2021—861
Apr 2021615604
May 2021547878
Jun 20211.2K895
Jul 2021719799
Aug 2021789814
Sep 2021645801
Oct 2021653954
Nov 20211.8K896
Dec 20211.1K847
Jan 2022—847
Feb 2022—802
Mar 20228671.2K
Apr 2022772797
May 2022—828
Jun 2022—865
Jul 2022530877
Aug 20221.7K755
Sep 2022458877
Oct 2022716817
Nov 2022769776
Dec 20222.1K759
Jan 2023—704
Feb 2023—1.1K
Mar 20236621.0K
Apr 2023—1.0K
May 2023741776
Jun 2023787899
Jul 2023696905
Aug 2023824831
Sep 2023788850
Oct 2023879890
Nov 20239161.0K
Dec 20231.6K1.0K
Jan 20247721.1K
Feb 20247171.1K
Mar 20248371.5K
Apr 20248771.5K
May 20249141.4K
Jun 20248401.5K
Jul 20241.3K1.4K
Aug 20249261.4K
Sep 20249841.2K
Oct 20249421.2K
Nov 2024—1.1K
Dec 20249571.1K
Jan 20258141.0K
Feb 20259221.0K
Mar 20259401.5K
Apr 20258711.3K
May 20259041.2K
Jun 20251.2K1.4K
Jul 20255781.3K
Aug 20251.1K1.3K
Sep 20258291.2K
Oct 20258491.3K
Nov 20251.0K1.4K
Dec 20258391.5K
Jan 20269731.4K
Feb 20269571.4K
Mar 20261.1K1.4K
Apr 20261.1K1.4K
May 20268651.3K
Jun 20267581.3K
Jul 20269891.3K
Aug 20268221.3K
Sep 20269491.2K
Oct 2026—1.4K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment121,141 sqft29.78 sqft
1Apartment13860 sqft19.72 sqft
1Apartment191,125 sqft28.28 sqft
1Apartment22940 sqft20.85 sqft
StudioApartment29599 sqft7.6 sqft
StudioApartment5598 sqft7.55 sqft
2Apartment91,385 sqft30.47 sqft
Commercial—1,269 sqft0 sqft
Commercial—1,222 sqft0 sqft
Commercial—1,369 sqft0 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment1,132 sqft29.19 sqft⃃ 2,305,654⃃ 2,037 /sqft18, Jan 2018
1Apartment1,148 sqft30.44 sqft⃃ 1,649,250⃃ 1,437 /sqft16, Jan 2020
1Apartment913 sqft24.75 sqft⃃ 1,101,592⃃ 1,207 /sqft18, Oct 2015
1Apartment1,286 sqft42.33 sqft⃃ 1,015,955⃃ 790 /sqft01, Sep 2025
1Apartment860 sqft19.72 sqft⃃ 800,000⃃ 930 /sqft02, Jul 2018
1Apartment940 sqft20.84 sqft⃃ 800,000⃃ 851 /sqft25, Nov 2025
StudioApartment592 sqft7 sqft⃃ 1,407,360⃃ 2,377 /sqft10, Sep 2017
StudioApartment726 sqft19.2 sqft⃃ 1,274,543⃃ 1,756 /sqft12, Sep 2017
StudioApartment610 sqft8.66 sqft⃃ 906,011⃃ 1,485 /sqft25, Oct 2015
StudioApartment601 sqft7.86 sqft⃃ 833,688⃃ 1,387 /sqft29, Oct 2015
StudioApartment603 sqft8.01 sqft⃃ 760,851⃃ 1,262 /sqft12, Oct 2015
StudioApartment593 sqft7.06 sqft⃃ 745,932⃃ 1,258 /sqft29, Oct 2015
StudioApartment584 sqft11.49 sqft⃃ 550,000⃃ 942 /sqft18, Oct 2024
StudioApartment598 sqft7.5 sqft⃃ 500,000⃃ 836 /sqft02, Nov 2022
1Apartment917 sqft25.08 sqft⃃ 1,768,300⃃ 1,928 /sqft01, Oct 2015

The Matrix Real Estate Data – FAQ

  • What is the current property supply in The Matrix?

    The Matrix has a total residential supply of approximately 60 units. This represents completed and available inventory within the area.

  • How active is the real estate market in The Matrix?

    The Matrix recorded 31 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in The Matrix?

    The median transaction price in The Matrix is ⃃ 920 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in The Matrix?

    The gross rental yield in The Matrix is approximately 5%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in The Matrix?

    Property prices in The Matrix have shown a capital appreciation of -3.42% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in The Matrix?

    There are currently 0 active off-plan projects in The Matrix, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in The Matrix?

    The total off-plan pipeline in The Matrix includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is The Matrix a good area for property investment?

    The Matrix is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 5%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In The Matrix, this is 5%, indicating relatively strong income performance compared to global markets.