P-04, Al Warsan First

P-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.

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 564 per sq ft.

P-04 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 7.46 per sq ft
• Centrepoint metro station 7.9 km away

الحالة

جاهز

المطور

Nakheel

الموقع

Al Warsan First, Dubai

مكتمل

Q1 2012

أنواع الوحدات

Studio, 1 Bed, Commercial

Prices from

AED 254.0K

متوسط السعر لكل sq ft

AED 564

Median gross yield

9.8%

رسوم الخدمات

AED 7.49 per sq ft (2018)

Nearest metro

International City 1, 1 km

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

• 1-bedroom apartments: AED 310.0K to AED 470.0K (721 to 915 sq ft), across 12 sales
• Studios: AED 230.0K to AED 360.0K (484 sq ft), across 8 sales

1-bedroom homes in P-04 were let for AED 28.0K to AED 45.0K a year across 2 recent contracts, with a median of AED 36.5K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 28.0K to AED 45.0K a year (721 to 743 sq ft), across 2 contracts
• Studios: AED 32.5K to AED 33.0K a year (484 sq ft), across 2 contracts

Every sale in P-04Every rent contract in P-04

The 2018 service charge in P-04 is AED 7.49 per sq ft for homes, AED 7.46 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-04 is Centrepoint (red line, 7.9 km, about 18 min drive). Stations planned on new lines nearby include International City 1 (blue line, 1 km, about 12 min walk) and International City 2 (blue line, 1.5 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

• International City 1Blue line · 1 km · about 12 min walk
• International City 2Blue line · 1.5 km · about 5 min drive
• Dragon MartBlue line · 1.9 km · about 6 min drive
• Al WarqaBlue line · 3.3 km · about 9 min drive
• واحة دبي للسيليكونBlue line · 3.8 km · about 10 min drive
• Auto MarketBlue line · 4.5 km · about 11 min drive

The closest is Spinneys / International City, France Cluster, 0.3 km from P-04 (about 4 min walk).

• Spinneys / International City, France ClusterSupermarket · 0.3 km · about 4 min walk
• Lulu Express / France Cluster, International CitySupermarket · 0.4 km · about 5 min walk
• Dragon MartShopping Mall · 1.9 km · about 6 min drive
• Spinneys / Dubai Silicon OasisSupermarket · 5.7 km · about 13 min drive
• Century MallShopping Mall · 6.2 km · about 14 min drive

The closest is The Osteopathic Health Centre, 7.3 km from P-04 (about 17 min drive).

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

The closest is Mushrif Park, 7.5 km from P-04 (about 17 min drive).

• Mushrif ParkPark · 7.5 km · about 17 min drive

The nearest is Newlands School, 2.2 km away. Ratings are the KHDA's latest inspection grades.

• Newlands SchoolUK · KHDA: Good · 2.2 km
• Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.7 km
• Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.8 km
• International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2.8 km
• Primus Private School L.L.CIndian · KHDA: Good · 2.9 km
• GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3 km

Al Warsan First has 319 buildings. A few others to compare P-04 with:

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