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Ready building · Nakheel

L-04, Al Warsan First

Highlights

L-04 at a glance

About L-04

L-04 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 73 units: studios, 1-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2012 and has been in use for about 14 years. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 434 per sq ft.

L-04 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 370 to 1,070 sq ft
  • Views: Community View
  • Service charge from AED 7.22 per sq ft
الحالة
جاهز
المطور
Nakheel
الموقع
Al Warsan First, Dubai
مكتمل
Q1 2012
أنواع الوحدات
Studio, 1 Bed, Commercial
Prices from
AED 255.0K
متوسط السعر لكل sq ft
AED 434
Median gross yield
13.4%
رسوم الخدمات
AED 7.26 per sq ft (2018)
Nearest metro
International City 2, 1.3 km

Building details

Inside L-04

Properties in L-04

Studios in L-04

There are about 32 of these in L-04, from 480 to 500 sq ft. They have recently sold for a median of AED 310.0K, or AED 630 per sq ft.

1-bedroom apartments in L-04

There are about 28 of these in L-04, from 720 to 930 sq ft. None has sold recently enough to quote a price.

Commercial units in L-04

There are about 13 of these in L-04, from 370 to 1,070 sq ft. None has sold recently enough to quote a price.

Unit types in L-04 with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو32480 sqft44.6 sqmt – 500 sqft46.5 sqmtAED 310KAED 30K
1 Bed28720 sqft66.9 sqmt – 930 sqft86.4 sqmtلا توجد مبيعات حديثة–
تجاري13370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtلا توجد مبيعات حديثة–

Recent transactions in L-04

  • L-04, Greece Cluster

    المدينة العالمية

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك4 May 2026
  • L-04, Greece Cluster

    المدينة العالمية

    AED 420K

    AED 574 /sqftAED 6,178 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك19 May 2025
  • L-04, Greece Cluster

    المدينة العالمية

    AED 307.1K

    AED 635 /sqftAED 6,835 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك17 Feb 2025
  • L-04, Greece Cluster

    المدينة العالمية

    AED 360K

    AED 492 /sqftAED 5,296 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك10 Jul 2024
  • L-04, Greece Cluster

    المدينة العالمية

    AED 338K

    AED 462 /sqftAED 4,973 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك5 Feb 2024
  • L-04, Greece Cluster

    المدينة العالمية

    AED 258K

    AED 521 /sqftAED 5,608 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك4 Jul 2023
  • L-04, Greece Cluster

    المدينة العالمية

    AED 247K

    AED 499 /sqftAED 5,371 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك5 Jun 2023
  • L-04, Greece Cluster

    المدينة العالمية

    AED 220K

    AED 444 /sqftAED 4,779 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك8 Mar 2023
  • L-04, Greece Cluster

    المدينة العالمية

    AED 215K

    AED 434 /sqftAED 4,672 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك22 Nov 2022
  • L-04, Greece Cluster

    المدينة العالمية

    AED 215K

    AED 434 /sqftAED 4,672 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك21 Nov 2022
  • L-04, Greece Cluster

    المدينة العالمية

    AED 215K

    AED 444 /sqftAED 4,779 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك16 Nov 2022
  • L-04, Greece Cluster

    المدينة العالمية

    AED 207K

    AED 428 /sqftAED 4,607 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك18 Aug 2022
  • L-04, Greece Cluster

    المدينة العالمية

    AED 200K

    AED 413 /sqftAED 4,445 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك21 Mar 2022
  • L-04, Greece Cluster

    المدينة العالمية

    AED 180K

    AED 364 /sqftAED 3,918 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك25 Jan 2022
  • L-04, Greece Cluster

    المدينة العالمية

    AED 180K

    AED 364 /sqftAED 3,918 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك25 Jan 2022
  • L-04, Greece Cluster

    المدينة العالمية

    AED 204K

    AED 412 /sqftAED 4,435 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك29 Dec 2021
  • L-04, Greece Cluster

    المدينة العالمية

    AED 202.9K

    AED 410 /sqftAED 4,413 /sqmt

    جاهزشقة
    495 sqft46 sqmtاستوديوالمالك21 Dec 2021
  • L-04, Greece Cluster

    المدينة العالمية

    AED 330K

    AED 356 /sqftAED 3,832 /sqmt

    جاهزشقة
    926 sqft86 sqmt1 Bedالمالك9 Nov 2021
  • L-04, Greece Cluster

    المدينة العالمية

    AED 285K

    AED 389 /sqftAED 4,187 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك7 Nov 2021
  • L-04, Greece Cluster

    المدينة العالمية

    AED 194.6K

    AED 402 /sqftAED 4,327 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك12 Sept 2021
  • L-04, Greece Cluster

    المدينة العالمية

    AED 30K/yr

    شقةتجديد
    495 sqft46 sqmtاستوديوإلى

Every sale in L-04Every rent contract in L-04

Service charges in L-04

The 2018 service charge in L-04 is AED 7.26 per sq ft for homes, AED 7.22 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 L-04
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2018)AED 7.26720 sqft66.9 sqmt – 930 sqft86.4 sqmtAED 5,227 – AED 6,752
تجاري (2018)AED 7.22370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtAED 2,671 – AED 7,725
Studio Apartment (2018)AED 7.26480 sqft44.6 sqmt – 500 sqft46.5 sqmtAED 3,485 – AED 3,630

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

Nearby amenities

Around L-04

Transportation near L-04

Stations planned on new lines nearby include International City 2 (blue line, 1.3 km, about 5 min drive) and International City 1 (blue line, 1.4 km, about 5 min drive).

  • International City 2Blue line · 1.3 km · about 5 min drive
  • International City 1Blue line · 1.4 km · about 5 min drive
  • Dragon MartBlue line · 2.4 km · about 7 min drive
  • واحة دبي للسيليكونBlue line · 3.5 km · about 9 min drive
  • Al WarqaBlue line · 3.8 km · about 10 min drive
  • Academic CityBlue line · 4.5 km · about 11 min drive

Shopping and groceries near L-04

The closest is Spinneys / International City, France Cluster, 0.6 km from L-04 (about 7 min walk).

  • Spinneys / International City, France ClusterSupermarket · 0.6 km · about 7 min walk
  • Lulu Express / France Cluster, International CitySupermarket · 0.8 km · about 10 min walk
  • Dragon MartShopping Mall · 2.2 km · about 6 min drive
  • Spinneys / Dubai Silicon OasisSupermarket · 5.4 km · about 13 min drive
  • Mirdif City CentreShopping Mall · 6.6 km · about 15 min drive

Restaurants and hotels near L-04

The closest is Abidos Hotel Apartments, 8 km from L-04 (about 18 min drive).

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

Hospitals and clinics near L-04

The closest is The Osteopathic Health Centre, 7.7 km from L-04 (about 17 min drive).

  • The Osteopathic Health CentreHospital · 7.7 km · about 17 min drive

Parks and leisure near L-04

The closest is Mushrif Park, 7.7 km from L-04 (about 17 min drive).

  • Mushrif ParkPark · 7.7 km · about 17 min drive

Schools near L-04

The nearest is Newlands School, 2.8 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 2.8 km
  • Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.8 km
  • Repton SchoolUK/IB · KHDA: Outstanding · 3.2 km
  • International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.2 km
  • GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.2 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.3 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare L-04 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

Things to consider about L-04

In its favour

  • A median gross yield of 13.4% 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.

Specialists

Brokers who know L-04

These brokers handle sales and lettings in L-04 and can tell you what is available now.

الأسئلة الشائعة

L-04: questions answered

L-04 was developed by Nakheel in Al Warsan First.

L-04 is completed in Q1 2012.

Across its 20 most recent registered sales, L-04 sold for a median of AED 434 per sq ft and AED 217.5K per unit.

Recent yearly contracts in L-04 have a median rent of AED 30.0K.

The median gross yield on recently sold units in L-04 is 13.4%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in L-04 is AED 7.26 per sq ft a year, as registered with the Dubai Land Department.

L-04 has Studio (480 to 500 sq ft), 1 Bed (720 to 930 sq ft), Commercial (370 to 1,070 sq ft).

International City 2 is about 1.3 km from L-04.

The nearest schools include Newlands School (2.8 km), Kings School Nad Al Sheba L.L.C (2.8 km), Repton School (3.2 km).

Buying, selling or renting in L-04?

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

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