The Matrix
About the project The Matrix
(sq. ft.)
The Matrix is a 34-storey residential complex located in Dubai Sports City. The project was developed by the First Group and was commissioned in 2014. The Matrix won the ‘Best Residential Architecture’ award from CNBC.
Properties include studios and one- to two-bedroom apartments that feature beautiful views of the Dubai Cricket Stadium and the Els Golf Course. Studios have built-in wardrobes, kitchens, bathrooms, and dining areas. Apartments have spacious living rooms and bedrooms with ensuite bathrooms. All units are fitted with high-quality furniture.
The complex provides a variety of amenities and services, including:
- Underground parking
- High-speed lifts
- Central air conditioning
- Security and CCTV
- High-tech smart cards for unlocking doors
- State-of-the-art gym
- Swimming pool
- Sunbathing terrace
- Jacuzzi and sauna
- Children’s playground
- Cafe
- Landscaped garden
- 24-hour concierge services
- Reception desk
- Spacious lobby
Properties range in size from 581 sq. ft. to 1,300 sq. ft. and range in price from AED 510,000 (USD 139,000) to AED 1,200,000 (USD 327,000).
*The price is valid for 2021
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Property Information
- Location Dubai Sports City, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 581 sq. ft.
Location
There are several social and leisure facilities situated within walking distance of the apartments, including:
- Carrefour and Al Maya Supermarket
- Jack’s Plaice, Reddy Roast, and Copper Kettle Restaurant
- Victory Heights Primary School, GEMS Metropole School, and Renaissance School
- The Wonder Years Nursery
- Santhgiri Holistic Health Centre
- BinSina Pharmacy
- Dhafar Park, Eusbej Park, and Qesad Park
- The Els Golf Club and Trump International Golf Club
- The Mosque Masjid
The nearest bus stops are Victory Heights East Gate 1, Dubai Cricket Stadium 1, and Arena Tower. Dubai International Airport can be reached within a 25-minute drive of the residences.
The complex is situated within a 10-minute drive of many popular destinations, including:
- Dubai International Stadium, a stadium that hosts international cricket matches, concerts, festivals, and events with a capacity for 25,000 spectators
- Balloon Adventures Dubai, a park offering hot air balloon rides
Payback
Dubai Sports City is an area that is particularly popular among sports fans. It is home to several prominent sports facilities, fitness centres, and stadiums.
The Matrix offers properties with a return on investment rate that ranges from 5% to 5.5%, depending on the type of unit. The annual rental rate for a property ranges from AED 40,000 (USD 11,000) to AED 62,000 (USD 17,000), and the estimated payback period ranges from 18 to 25 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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