P-03, Al Warsan First

P-03 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 73 units: studios, 1-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 586 per sq ft.

P-03 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 370 to 980 sq ft
• Service charge from AED 7.71 per sq ft
• Centrepoint metro station 7.4 km away

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 586

Median gross yield

9.6%

رسوم الخدمات

AED 7.76 per sq ft (2018)

Nearest metro

International City 1, 1.3 km

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

• 1-bedroom apartments: AED 325.0K to AED 450.0K (721 to 915 sq ft), across 11 sales
• Studios: AED 240.0K to AED 342.0K (484 sq ft), across 9 sales

1-bedroom homes in P-03 were let for AED 40.0K to AED 43.0K a year across 2 recent contracts, with a median of AED 41.5K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 40.0K to AED 43.0K a year (915 sq ft), across 2 contracts
• Studios: AED 31.0K a year (484 sq ft)

Every sale in P-03Every rent contract in P-03

The 2018 service charge in P-03 is AED 7.76 per sq ft for homes, AED 7.71 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.

The nearest Dubai Metro station from P-03 is Centrepoint (red line, 7.4 km, about 17 min drive). Stations planned on new lines nearby include International City 1 (blue line, 1.3 km, about 5 min drive) and Dragon Mart (blue line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

• International City 1Blue line · 1.3 km · about 5 min drive
• Dragon MartBlue line · 1.4 km · about 5 min drive
• International City 2Blue line · 2 km · about 6 min drive
• Al WarqaBlue line · 2.8 km · about 8 min drive
• واحة دبي للسيليكونBlue line · 4.3 km · about 11 min drive
• Auto MarketBlue line · 4.6 km · about 11 min drive

The closest is Spinneys / International City, France Cluster, 0.8 km from P-03 (about 10 min walk).

• Spinneys / International City, France ClusterSupermarket · 0.8 km · about 10 min walk
• Lulu Express / France Cluster, International CitySupermarket · 0.8 km · about 10 min walk
• Dragon MartShopping Mall · 1.4 km · about 5 min drive
• Century MallShopping Mall · 5.7 km · about 13 min drive
• Mirdif City CentreShopping Mall · 5.7 km · about 13 min drive

The closest is The Osteopathic Health Centre, 6.8 km from P-03 (about 16 min drive).

• The Osteopathic Health CentreHospital · 6.8 km · about 16 min drive

The closest is Mushrif Park, 7 km from P-03 (about 16 min drive).

• Mushrif ParkPark · 7 km · about 16 min drive

The nearest is Newlands School, 1.8 km away. Ratings are the KHDA's latest inspection grades.

• Newlands SchoolUK · KHDA: Good · 1.8 km
• Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.3 km
• International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2.4 km
• Primus Private School L.L.CIndian · KHDA: Good · 2.4 km
• International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 2.8 km
• Ignite School L.L.CAmerican · KHDA: Acceptable · 2.8 km

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

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