Project · Transactions · 2018

The Matrix Property Transactions 2018

37 property sales worth ⃃ 46.24M were registered in The Matrix in 2018, 11.9% lower than 2017 by number of sales. The median sale price was ⃃ 1,136,150 and the median price per square foot ⃃ 1,596 (+9.7% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 37 salesUpdated: 13 Nov 2026
Property sales
37
−11.9% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 46.24M
−6.4% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,136,150
+2.5% vs 2017
37 sales
Median price per sq ft
⃃ 1,596
+9.7% vs 2017
37 sales

What types of property sold in The Matrix in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments37100%⃃ 46.24M⃃ 1,136,150⃃ 1,596

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)2773%⃃ 39.81M⃃ 1,356,050⃃ 1,658
Resale (secondary)1027%⃃ 6.43M⃃ 600,000⃃ 942
Ready37100%⃃ 46.24M⃃ 1,136,150⃃ 1,596

How many rental contracts were registered in The Matrix in 2018?

223 rental contracts (new and renewed) were registered in The Matrix in 2018, at a median annual rent of ⃃ 54,000 (−10.0% on 2017). Rental yields in The Matrix

What were the most expensive property sales in The Matrix in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/01/2018The Matrix2 beds · Apartment1,467 sq ft⃃ 3,831,941Primary · Ready
28/01/2018The Matrix2 beds · Apartment1,461 sq ft⃃ 2,594,147Primary · Ready
17/12/2018The Matrix2 beds · Apartment1,456 sq ft⃃ 2,323,130Primary · Ready
18/01/2018The Matrix1 bed · Apartment1,132 sq ft⃃ 2,305,654Primary · Ready
29/01/2018The Matrix1 bed · Apartment1,276 sq ft⃃ 1,815,733Primary · Ready
10/04/2018The MatrixStudio · Apartment742 sq ft⃃ 1,595,199Primary · Ready
05/03/2018The MatrixStudio · Apartment599 sq ft⃃ 1,550,002Primary · Ready
02/04/2018The Matrix1 bed · Apartment1,169 sq ft⃃ 1,539,300Primary · Ready
18/03/2018The Matrix1 bed · Apartment940 sq ft⃃ 1,522,869Primary · Ready
15/07/2018The Matrix1 bed · Apartment1,168 sq ft⃃ 1,466,000Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
17/12/2018The Matrix2 beds · Apartment1,456 sq ft⃃ 2,323,130Primary · Ready
11/10/2018The MatrixStudio · Apartment600 sq ft⃃ 510,000Resale · Ready
11/10/2018The MatrixStudio · Apartment601 sq ft⃃ 600,000Resale · Ready
11/10/2018The MatrixStudio · Apartment613 sq ft⃃ 495,000Resale · Ready
18/09/2018The MatrixStudio · Apartment606 sq ft⃃ 740,000Primary · Ready
08/08/2018The MatrixStudio · Apartment584 sq ft⃃ 557,136Resale · Ready
15/07/2018The Matrix1 bed · Apartment1,168 sq ft⃃ 1,466,000Primary · Ready
02/07/2018The Matrix1 bed · Apartment860 sq ft⃃ 800,000Resale · Ready
02/07/2018The MatrixStudio · Apartment597 sq ft⃃ 600,000Resale · Ready
27/06/2018The MatrixStudio · Apartment608 sq ft⃃ 890,074Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/the-matrix/2018
The Matrix Property Transactions 2018. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-matrix/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in The Matrix in 2018?
37 property sales worth ⃃ 46,243,914 were registered in The Matrix in 2018. That is 11.9% lower than 2017.
What was the median property price in The Matrix in 2018?
The median sale price was ⃃ 1,136,150 and the median price per square foot ⃃ 1,596 (1 Jan – 31 Dec 2018).
What share of 2018 sales in The Matrix were off-plan or from developers?
Developer (primary) sales were 73% of the 37 sales and resales 27%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-matrix/2018