M-05, Al Warsan First

M-05 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. 3 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 496 per sq ft.

M-05 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, Commercial
• Sizes from 70 to 890 sq ft
• Service charge from AED 8.43 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 496

Median gross yield

11.3%

رسوم الخدمات

AED 8.65 per sq ft (2018)

Nearest metro

International City 1, 1.5 km

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

• Studios: AED 200.0K to AED 535.0K (474 sq ft), across 11 sales
• 1-bedroom apartments: AED 284.0K to AED 430.0K (732 to 775 sq ft), across 9 sales

1-bedroom homes in M-05 were let for AED 35.0K to AED 40.0K a year across 2 recent contracts, with a median of AED 37.5K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 35.0K to AED 40.0K a year (732 to 775 sq ft), across 2 contracts
• Studios: AED 33.6K a year (474 sq ft)

Every sale in M-05Every rent contract in M-05

The 2018 service charge in M-05 is AED 8.65 per sq ft for homes, AED 8.43 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 International City 1 (blue line, 1.5 km, about 5 min drive) and International City 2 (blue line, 1.7 km, about 5 min drive).

• International City 1Blue line · 1.5 km · about 5 min drive
• International City 2Blue line · 1.7 km · about 5 min drive
• Dragon MartBlue line · 2.1 km · about 6 min drive
• Al WarqaBlue line · 3.4 km · about 9 min drive
• واحة دبي للسيليكونBlue line · 3.9 km · about 10 min drive
• Academic CityBlue line · 4.8 km · about 12 min drive

The closest is Spinneys / International City, France Cluster, 0.7 km from M-05 (about 8 min walk).

• Spinneys / International City, France ClusterSupermarket · 0.7 km · about 8 min walk
• Lulu Express / France Cluster, International CitySupermarket · 0.9 km · about 11 min walk
• Dragon MartShopping Mall · 1.8 km · about 6 min drive
• Spinneys / Dubai Silicon OasisSupermarket · 5.9 km · about 14 min drive
• Mirdif City CentreShopping Mall · 6.3 km · about 15 min drive

The closest is The Osteopathic Health Centre, 7.3 km from M-05 (about 17 min drive).

• The Osteopathic Health CentreHospital · 7.3 km · about 17 min drive

The closest is Mushrif Park, 7.3 km from M-05 (about 17 min drive).

• Mushrif ParkPark · 7.3 km · about 17 min drive

The nearest is Newlands School, 2.5 km away. Ratings are the KHDA's latest inspection grades.

• Newlands SchoolUK · KHDA: Good · 2.5 km
• Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.9 km
• International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3 km
• Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 3.1 km
• Primus Private School L.L.CIndian · KHDA: Good · 3.1 km
• Ignite School L.L.CAmerican · KHDA: Acceptable · 3.4 km

Al Warsan First has 319 buildings. A few others to compare M-05 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