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Ready building · Nakheel

K-16, Al Warsan First

Highlights

K-16 at a glance

About K-16

K-16 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 81 units: studios, 1-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 1 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 532 per sq ft.

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

In a nutshell

  • A mixed-use ready building
  • Located in Al Warsan First, Dubai
  • Developed by Nakheel
  • Completed in Q1 2012
  • Unit types: Studio, 1 Bed, Commercial
  • Sizes from 70 to 890 sq ft
  • Service charge from AED 9.26 per sq ft
الحالة
جاهز
المطور
Nakheel
الموقع
Al Warsan First, Dubai
مكتمل
Q1 2012
أنواع الوحدات
Studio, 1 Bed, Commercial
Prices from
AED 409.0K
متوسط السعر لكل sq ft
AED 532
Median gross yield
10.0%
رسوم الخدمات
AED 9.45 per sq ft (2018)
Nearest metro
International City 2, 1.4 km

Building details

Inside K-16

Properties in K-16

Studios in K-16

There are about 33 of these in K-16, from 460 to 670 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in K-16

There are about 27 of these in K-16, from 720 to 800 sq ft. They have recently sold for a median of AED 440.0K, or AED 600 per sq ft.

Commercial units in K-16

There are about 21 of these in K-16, from 70 to 890 sq ft. None has sold recently enough to quote a price.

Unit types in K-16 with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو33460 sqft42.7 sqmt – 670 sqft62.2 sqmtلا توجد مبيعات حديثةAED 42K
1 Bed27720 sqft66.9 sqmt – 800 sqft74.3 sqmtAED 440KAED 40K
تجاري2170 sqft6.5 sqmt – 890 sqft82.7 sqmtلا توجد مبيعات حديثة–

Recent transactions in K-16

  • K-16, Greece Cluster

    المدينة العالمية

    AED 440K

    AED 601 /sqftAED 6,469 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك22 Oct 2026

  • K-16, Greece Cluster

    المدينة العالمية

    AED 403K

    AED 506 /sqftAED 5,447 /sqmt

    جاهزشقة
    797 sqft74 sqmt1 Bedالمالك23 Jun 2025

  • K-16, Greece Cluster

    المدينة العالمية

    AED 410K

    AED 569 /sqftAED 6,125 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك23 Apr 2025

  • K-16, Greece Cluster

    المدينة العالمية

    AED 385K

    AED 518 /sqftAED 5,576 /sqmt

    جاهزشقة
    743 sqft69 sqmt1 Bedالمالك30 Apr 2024

  • K-16, Greece Cluster

    المدينة العالمية

    AED 320K

    AED 437 /sqftAED 4,704 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك22 Feb 2024

  • K-16, Greece Cluster

    المدينة العالمية

    AED 320K

    AED 444 /sqftAED 4,779 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك10 Oct 2023

  • K-16, Greece Cluster

    المدينة العالمية

    AED 183K

    AED 395 /sqftAED 4,252 /sqmt

    جاهزشقة
    463 sqft43 sqmtاستوديوالمالك3 Jan 2021

  • K-16, Greece Cluster

    المدينة العالمية

    AED 380K

    AED 490 /sqftAED 5,274 /sqmt

    جاهزشقة
    775 sqft72 sqmt1 Bedالمالك27 Aug 2019

  • K-16, Greece Cluster

    المدينة العالمية

    AED 170.5K

    AED 220 /sqftAED 2,368 /sqmt

    جاهزشقة
    775 sqft72 sqmt1 Bedالمالك5 Aug 2019

  • K-16, Greece Cluster

    المدينة العالمية

    AED 275.5K

    AED 376 /sqftAED 4,047 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك16 Jun 2019

  • K-16, Greece Cluster

    المدينة العالمية

    AED 340K

    AED 464 /sqftAED 4,994 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك18 Oct 2018

  • K-16, Greece Cluster

    المدينة العالمية

    AED 360K

    AED 485 /sqftAED 5,220 /sqmt

    جاهزشقة
    743 sqft69 sqmt1 Bedالمالك8 Aug 2018

  • K-16, Greece Cluster

    المدينة العالمية

    AED 400K

    AED 546 /sqftAED 5,877 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك26 Feb 2017

  • K-16, Greece Cluster

    المدينة العالمية

    AED 452K

    AED 617 /sqftAED 6,641 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك26 Feb 2017

  • K-16, Greece Cluster

    المدينة العالمية

    AED 470K

    AED 642 /sqftAED 6,910 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك29 Jun 2016

  • K-16, Greece Cluster

    المدينة العالمية

    AED 470K

    AED 642 /sqftAED 6,910 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك25 May 2016

  • K-16, Greece Cluster

    المدينة العالمية

    AED 345K

    AED 713 /sqftAED 7,675 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك22 Feb 2016

  • K-16, Greece Cluster

    المدينة العالمية

    AED 450K

    AED 615 /sqftAED 6,620 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك20 Dec 2015

  • K-16, Greece Cluster

    المدينة العالمية

    AED 410K

    AED 569 /sqftAED 6,125 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك12 Jul 2015

  • K-16, Greece Cluster

    المدينة العالمية

    AED 415K

    AED 567 /sqftAED 6,103 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك5 Jul 2015

  • K-16, Greece Cluster

    المدينة العالمية

    AED 42K/yr

    شقةتجديد
    484 sqft45 sqmtاستوديوإلى

  • K-16, Greece Cluster

    المدينة العالمية

    AED 39K/yr

    شقةعقد جديد
    721 sqft67 sqmt1 Bedإلى

  • K-16, Greece Cluster

    المدينة العالمية

    AED 40K/yr

    شقةعقد جديد
    743 sqft69 sqmt1 Bedإلى

  • K-16, Greece Cluster

    المدينة العالمية

    AED 40K/yr

    شقةعقد جديد
    743 sqft69 sqmt1 Bedإلى

Every sale in K-16Every rent contract in K-16

Service charges in K-16

The 2018 service charge in K-16 is AED 9.45 per sq ft for homes, AED 9.26 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.

Service charges in K-16
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2018)AED 9.45720 sqft66.9 sqmt – 800 sqft74.3 sqmtAED 6,804 – AED 7,560
تجاري (2018)AED 9.2670 sqft6.5 sqmt – 890 sqft82.7 sqmtAED 648 – AED 8,241
Studio Apartment (2018)AED 9.45460 sqft42.7 sqmt – 670 sqft62.2 sqmtAED 4,347 – AED 6,332

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

Nearby amenities

Around K-16

Transportation near K-16

Stations planned on new lines nearby include International City 2 (blue line, 1.4 km, about 5 min drive) and International City 1 (blue line, 1.6 km, about 5 min drive).

  • International City 2Blue line · 1.4 km · about 5 min drive
  • International City 1Blue line · 1.6 km · about 5 min drive
  • Dragon MartBlue line · 2.5 km · about 7 min drive
  • واحة دبي للسيليكونBlue line · 3.5 km · about 9 min drive
  • Al WarqaBlue line · 3.9 km · about 10 min drive
  • Academic CityBlue line · 4.4 km · about 11 min drive

Shopping and groceries near K-16

The closest is Spinneys / International City, France Cluster, 0.8 km from K-16 (about 10 min walk).

  • Spinneys / International City, France ClusterSupermarket · 0.8 km · about 10 min walk
  • Lulu Express / France Cluster, International CitySupermarket · 0.9 km · about 11 min walk
  • Dragon MartShopping Mall · 2.2 km · about 6 min drive
  • Spinneys / Dubai Silicon OasisSupermarket · 5.4 km · about 13 min drive
  • Century MallShopping Mall · 6.8 km · about 16 min drive

Restaurants and hotels near K-16

The closest is Abidos Hotel Apartments, 8 km from K-16 (about 18 min drive).

  • Abidos Hotel ApartmentsHotel · 8 km · about 18 min drive

Hospitals and clinics near K-16

The closest is The Osteopathic Health Centre, 7.8 km from K-16 (about 18 min drive).

  • The Osteopathic Health CentreHospital · 7.8 km · about 18 min drive

Parks and leisure near K-16

The closest is Mushrif Park, 7.8 km from K-16 (about 18 min drive).

  • Mushrif ParkPark · 7.8 km · about 18 min drive

Schools near K-16

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

  • Newlands SchoolUK · KHDA: Good · 2.9 km
  • Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.9 km
  • Repton SchoolUK/IB · KHDA: Outstanding · 3.2 km
  • International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.3 km
  • GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.3 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.4 km

Other buildings in Al Warsan First

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

  • 10-02, Al Warsan Firstجاهز

    10-02

    Al Warsan First · Nakheel

    Completed 2012

  • 10-03, Al Warsan Firstجاهز

    10-03

    Al Warsan First · Nakheel

    Completed 2012

  • 10-04, Al Warsan Firstجاهز

    10-04

    Al Warsan First · Nakheel

    Completed 2012

  • 10-06, Al Warsan Firstجاهز

    10-06

    Al Warsan First · Nakheel

    Completed 2012

  • 10-08, Al Warsan Firstجاهز

    10-08

    Al Warsan First · Nakheel

    Completed 2012

  • 10-09, Al Warsan Firstجاهز

    10-09

    Al Warsan First · Nakheel

    Completed 2012

الكل 319 Al Warsan First buildings →

Things to consider about K-16

In its favour

  • A median gross yield of 10.0% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Completed 14 years ago: ask about maintenance and any planned refurbishment.

الأسئلة الشائعة

K-16: questions answered

K-16 was developed by Nakheel in Al Warsan First.

K-16 is completed in Q1 2012.

Across its 20 most recent registered sales, K-16 sold for a median of AED 532 per sq ft and AED 392.5K per unit.

Recent yearly contracts in K-16 have a median rent of AED 40.0K.

The median gross yield on recently sold units in K-16 is 10.0%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in K-16 is AED 9.45 per sq ft a year, as registered with the Dubai Land Department.

K-16 has Studio (460 to 670 sq ft), 1 Bed (720 to 800 sq ft), Commercial (70 to 890 sq ft).

International City 2 is about 1.4 km from K-16.

The nearest schools include Newlands School (2.9 km), Kings School Nad Al Sheba L.L.C (2.9 km), Repton School (3.2 km).

Buying, selling or renting in K-16?

A broker who works Al Warsan First will tell you what is available and what comparable homes went for.

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