IC1-EMR-16, Al Warsan First

IC1-EMR-16 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 57 units: studios, 1-bedroom apartments.

The building was completed in 2012 and has been in use for about 14 years. 4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 469 per sq ft.

IC1-EMR-16 is one of 319 buildings in Al Warsan First: 289 are complete and 13 are still being built.

• A mixed-use ready building
• Located in Al Warsan First, Dubai
• Developed by Nakheel
• Completed in Q1 2012
• Unit types: Studio, 1 Bed
• Sizes from 440 to 850 sq ft
• Service charge from AED 7.25 per sq ft

الحالة

جاهز

المطور

Nakheel

الموقع

Al Warsan First, Dubai

مكتمل

Q1 2012

أنواع الوحدات

Studio, 1 Bed

Prices from

AED 303.0K

متوسط السعر لكل sq ft

AED 469

Median gross yield

12.4%

رسوم الخدمات

AED 7.38 per sq ft (2018)

Nearest metro

Dragon Mart, 2.8 km

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

• 1-bedroom apartments: AED 315.0K to AED 460.0K (729 to 853 sq ft), across 11 sales
• Studios: AED 210.0K to AED 295.0K (437 to 508 sq ft), across 8 sales

1-bedroom homes in IC1-EMR-16 were let for AED 37.0K to AED 43.0K a year across 3 recent contracts, with a median of AED 43.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 37.0K to AED 43.0K a year (747 to 853 sq ft), across 3 contracts
• Studios: AED 27.0K to AED 31.0K a year (460 to 491 sq ft), across 3 contracts

Every sale in IC1-EMR-16Every rent contract in IC1-EMR-16

The 2018 service charge in IC1-EMR-16 is AED 7.38 per sq ft for homes, AED 7.25 per sq ft for shops. 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.

Stations planned on new lines nearby include Dragon Mart (blue line, 2.8 km, about 8 min drive) and International City 1 (blue line, 2.8 km, about 8 min drive).

• Dragon MartBlue line · 2.8 km · about 8 min drive
• International City 1Blue line · 2.8 km · about 8 min drive
• International City 2Blue line · 3 km · about 8 min drive
• Al WarqaBlue line · 3.7 km · about 9 min drive
• واحة دبي للسيليكونBlue line · 5 km · about 12 min drive
• Academic CityBlue line · 5.4 km · about 13 min drive

The closest is Dragon Mart, 1.5 km from IC1-EMR-16 (about 5 min drive).

• Dragon MartShopping Mall · 1.5 km · about 5 min drive
• Spinneys / International City, France ClusterSupermarket · 2.1 km · about 6 min drive
• Lulu Express / France Cluster, International CitySupermarket · 2.2 km · about 6 min drive
• Mirdif City CentreShopping Mall · 6.3 km · about 15 min drive
• Century MallShopping Mall · 6.3 km · about 15 min drive

The closest is The Osteopathic Health Centre, 7 km from IC1-EMR-16 (about 16 min drive).

• The Osteopathic Health CentreHospital · 7 km · about 16 min drive

The closest is Mushrif Park, 6.6 km from IC1-EMR-16 (about 15 min drive).

• Mushrif ParkPark · 6.6 km · about 15 min drive

The nearest is Newlands School, 3.2 km away. Ratings are the KHDA's latest inspection grades.

• Newlands SchoolUK · KHDA: Good · 3.2 km
• GEMS Al Khaleej International School - Dubai BranchAmerican - International Baccalaureate · KHDA: Good · 3.3 km
• Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.4 km
• International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.4 km
• Ignite School L.L.CAmerican · KHDA: Acceptable · 3.5 km
• Primus Private School L.L.CIndian · KHDA: Good · 3.5 km

Al Warsan First has 319 buildings. A few others to compare IC1-EMR-16 with:

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