Project · Transactions · 2022

The Matrix Property Transactions 2022

16 property sales worth ⃃ 13.54M were registered in The Matrix in 2022, 33.3% lower than 2021 by number of sales. The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 852 (+21.4% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 16 salesUpdated: 13 Nov 2026
Property sales
16
−33.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 13.54M
−13.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 600,000
+29.2% vs 2021
16 sales
Median price per sq ft
⃃ 852
+21.4% vs 2021
16 sales

What types of property sold in The Matrix in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments16100%⃃ 13.54M⃃ 600,000⃃ 852

How were 2022 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)425%⃃ 7.23M⃃ 1,837,500⃃ 1,895
Resale (secondary)1275%⃃ 6.31M⃃ 523,500⃃ 798
Ready16100%⃃ 13.54M⃃ 600,000⃃ 852

How many rental contracts were registered in The Matrix in 2022?

284 rental contracts (new and renewed) were registered in The Matrix in 2022, at a median annual rent of ⃃ 40,000 (+11.1% on 2021). Rental yields in The Matrix

What were the most expensive property sales in The Matrix in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/12/2022The Matrix1 bed · Apartment940 sq ft⃃ 1,999,321Primary · Ready
01/08/2022The Matrix1 bed · Apartment1,172 sq ft⃃ 1,950,000Primary · Ready
25/03/2022The Matrix1 bed · Apartment1,163 sq ft⃃ 1,725,000Primary · Ready
16/03/2022The MatrixStudio · Apartment601 sq ft⃃ 1,555,000Primary · Ready
24/03/2022The MatrixStudio · Apartment613 sq ft⃃ 1,008,000Resale · Ready
19/07/2022The Matrix1 bed · Apartment860 sq ft⃃ 897,391Resale · Ready
25/04/2022The Matrix1 bed · Apartment907 sq ft⃃ 700,000Resale · Ready
15/09/2022The Matrix1 bed · Apartment1,311 sq ft⃃ 600,000Resale · Ready
24/10/2022The MatrixStudio · Apartment838 sq ft⃃ 600,000Resale · Ready
02/03/2022The Matrix1 bed · Apartment860 sq ft⃃ 547,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
26/12/2022The Matrix1 bed · Apartment940 sq ft⃃ 1,999,321Primary · Ready
28/11/2022The MatrixStudio · Apartment613 sq ft⃃ 430,000Resale · Ready
02/11/2022The MatrixStudio · Apartment598 sq ft⃃ 500,000Resale · Ready
24/10/2022The MatrixStudio · Apartment838 sq ft⃃ 600,000Resale · Ready
15/09/2022The Matrix1 bed · Apartment1,311 sq ft⃃ 600,000Resale · Ready
01/08/2022The Matrix1 bed · Apartment1,172 sq ft⃃ 1,950,000Primary · Ready
21/07/2022The MatrixStudio · Apartment597 sq ft⃃ 9,352Resale · Ready
19/07/2022The Matrix1 bed · Apartment860 sq ft⃃ 897,391Resale · Ready
25/04/2022The Matrix1 bed · Apartment907 sq ft⃃ 700,000Resale · Ready
25/03/2022The Matrix1 bed · Apartment1,163 sq ft⃃ 1,725,000Primary · 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 2022 with the whole of 2021.
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/2022
The Matrix Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-matrix/2022

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 2022?
16 property sales worth ⃃ 13,537,034 were registered in The Matrix in 2022. That is 33.3% lower than 2021.
What was the median property price in The Matrix in 2022?
The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 852 (1 Jan – 31 Dec 2022).
What share of 2022 sales in The Matrix were off-plan or from developers?
Developer (primary) sales were 25% of the 16 sales and resales 75%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-matrix/2022