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Project · Transactions · 2020

The Matrix Property Transactions 2020

22 property sales worth ⃃ 19.45M were registered in The Matrix in 2020, 8.3% lower than 2019 by number of sales. The median sale price was ⃃ 847,500 and the median price per square foot ⃃ 1,007 (+22.7% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 22 salesUpdated: 14 Nov 2026
Property sales
22
−8.3% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 19.45M
+6.2% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 847,500
+35.6% vs 2019
22 sales
Median price per sq ft
⃃ 1,007
+22.7% vs 2019
22 sales

What types of property sold in The Matrix in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22100%⃃ 19.45M⃃ 847,500⃃ 1,007

How were 2020 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)1045.5%⃃ 12.5M⃃ 1,202,000⃃ 1,561
Resale (secondary)1254.5%⃃ 6.95M⃃ 505,000⃃ 550
Ready22100%⃃ 19.45M⃃ 847,500⃃ 1,007

How many rental contracts were registered in The Matrix in 2020?

239 rental contracts (new and renewed) were registered in The Matrix in 2020, at a median annual rent of ⃃ 44,000 (−13.1% on 2019). Rental yields in The Matrix

What were the most expensive property sales in The Matrix in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/03/2020The Matrix1 bed · Apartment1,145 sq ft⃃ 1,700,000Primary · Ready
16/01/2020The Matrix1 bed · Apartment1,148 sq ft⃃ 1,649,250Primary · Ready
16/07/2020The Matrix1 bed · Apartment891 sq ft⃃ 1,625,000Primary · Ready
02/03/2020The MatrixStudio · Apartment612 sq ft⃃ 1,350,000Primary · Ready
02/11/2020The Matrix1 bed · Apartment1,120 sq ft⃃ 1,204,000Primary · Ready
28/01/2020The Matrix1 bed · Apartment1,180 sq ft⃃ 1,200,000Primary · Ready
07/10/2020The Matrix1 bed · Apartment1,204 sq ft⃃ 1,200,000Resale · Ready
13/07/2020The MatrixStudio · Apartment613 sq ft⃃ 1,050,000Primary · Ready
14/05/2020The MatrixStudio · Apartment604 sq ft⃃ 1,026,200Primary · Ready
14/01/2020The MatrixStudio · Apartment599 sq ft⃃ 1,000,000Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
13/12/2020The MatrixStudio · Apartment608 sq ft⃃ 995,000Primary · Ready
16/11/2020The Matrix1 bed · Apartment1,137 sq ft⃃ 520,000Resale · Ready
02/11/2020The Matrix1 bed · Apartment1,120 sq ft⃃ 1,204,000Primary · Ready
01/11/2020The MatrixStudio · Apartment605 sq ft⃃ 330,000Resale · Ready
22/10/2020The Matrix1 bed · Apartment1,311 sq ft⃃ 495,000Resale · Ready
12/10/2020The Matrix1 bed · Apartment860 sq ft⃃ 490,000Resale · Ready
07/10/2020The Matrix1 bed · Apartment1,204 sq ft⃃ 1,200,000Resale · Ready
07/09/2020The Matrix1 bed · Apartment860 sq ft⃃ 470,000Resale · Ready
21/07/2020The MatrixStudio · Apartment609 sq ft⃃ 375,000Resale · Ready
16/07/2020The Matrix1 bed · Apartment891 sq ft⃃ 1,625,000Primary · 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 2020 with the whole of 2019.
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/2020
The Matrix Property Transactions 2020. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-matrix/2020

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 2020?
22 property sales worth ⃃ 19,449,450 were registered in The Matrix in 2020. That is 8.3% lower than 2019.
What was the median property price in The Matrix in 2020?
The median sale price was ⃃ 847,500 and the median price per square foot ⃃ 1,007 (1 Jan – 31 Dec 2020).
What share of 2020 sales in The Matrix were off-plan or from developers?
Developer (primary) sales were 45.5% of the 22 sales and resales 54.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-matrix/2020