IC1-EMR-03, Al Warsan First

IC1-EMR-03 is a residential building in Al Warsan First, Dubai, developed by Nakheel. It holds about 70 units: studios, 1-bedroom apartments.

The building was completed in 2012 and has been in use for about 14 years. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 490 per sq ft.

IC1-EMR-03 is one of 319 buildings in Al Warsan First: 289 are complete and 13 are still being built.

• A residential ready building
• Located in Al Warsan First, Dubai
• Developed by Nakheel
• Completed in Q1 2012
• Unit types: Studio, 1 Bed
• Sizes from 420 to 850 sq ft
• Service charge from AED 7.21 per sq ft
• Centrepoint metro station 8 km away

الحالة

جاهز

المطور

Nakheel

الموقع

Al Warsan First, Dubai

مكتمل

Q1 2012

أنواع الوحدات

Studio, 1 Bed

Prices from

AED 364.0K

متوسط السعر لكل sq ft

AED 490

Median gross yield

10.5%

رسوم الخدمات

AED 7.21 per sq ft (2018)

Nearest metro

Dragon Mart, 2.5 km

Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 315.0K to AED 435.0K (729 to 853 sq ft), across 11 sales
• Studios: AED 210.0K to AED 320.0K (440 to 507 sq ft), across 9 sales

Studio homes in IC1-EMR-03 were let for AED 33.0K to AED 39.6K a year across 2 recent contracts, with a median of AED 36.3K.

Yearly rents from recent registered contracts, by unit type:

• Studios: AED 33.0K to AED 39.6K a year (461 to 491 sq ft), across 2 contracts
• 1-bedroom apartments: AED 40.0K a year (740 sq ft)

Every sale in IC1-EMR-03Every rent contract in IC1-EMR-03

The 2018 service charge in IC1-EMR-03 is AED 7.21 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from IC1-EMR-03 is Centrepoint (red line, 8 km, about 18 min drive). Stations planned on new lines nearby include Dragon Mart (blue line, 2.5 km, about 7 min drive) and International City 1 (blue line, 2.7 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

• Dragon MartBlue line · 2.5 km · about 7 min drive
• International City 1Blue line · 2.7 km · about 7 min drive
• International City 2Blue line · 2.9 km · about 8 min drive
• Al WarqaBlue line · 3.4 km · about 9 min drive
• واحة دبي للسيليكونBlue line · 5 km · about 12 min drive
• Academic CityBlue line · 5.5 km · about 13 min drive

The closest is Dragon Mart, 1.3 km from IC1-EMR-03 (about 5 min drive).

• Dragon MartShopping Mall · 1.3 km · about 5 min drive
• Spinneys / International City, France ClusterSupermarket · 1.9 km · about 6 min drive
• Lulu Express / France Cluster, International CitySupermarket · 2.1 km · about 6 min drive
• Mirdif City CentreShopping Mall · 6 km · about 14 min drive
• Century MallShopping Mall · 6 km · about 14 min drive

The closest is The Osteopathic Health Centre, 6.7 km from IC1-EMR-03 (about 15 min drive).

• The Osteopathic Health CentreHospital · 6.7 km · about 15 min drive

The closest is Mushrif Park, 6.4 km from IC1-EMR-03 (about 15 min drive).

• Mushrif ParkPark · 6.4 km · about 15 min drive

The nearest is Newlands School, 2.9 km away. Ratings are the KHDA's latest inspection grades.

• Newlands SchoolUK · KHDA: Good · 2.9 km
• Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.1 km
• GEMS Al Khaleej International School - Dubai BranchAmerican - International Baccalaureate · KHDA: Good · 3.1 km
• International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.1 km
• Ignite School L.L.CAmerican · KHDA: Acceptable · 3.2 km
• Primus Private School L.L.CIndian · KHDA: Good · 3.2 km

Al Warsan First has 319 buildings. A few others to compare IC1-EMR-03 with:

• جاهز

  10-02

  Al Warsan First · Nakheel

  Completed 2012

• جاهز

  10-03

  Al Warsan First · Nakheel

  Completed 2012

• جاهز

  10-04

  Al Warsan First · Nakheel

  Completed 2012

• جاهز

  10-06

  Al Warsan First · Nakheel

  Completed 2012

• جاهز

  10-08

  Al Warsan First · Nakheel

  Completed 2012

• جاهز

  10-09

  Al Warsan First · Nakheel

  Completed 2012