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Ready building · Nakheel

Y-02, Al Warsan First

Highlights

Y-02 at a glance

About Y-02

Y-02 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 52 units: studios, 1-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 521 per sq ft.

Y-02 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 1,020 sq ft
  • Service charge from AED 10.84 per sq ft
  • Centrepoint metro station 6.5 km away
الحالة
جاهز
المطور
Nakheel
الموقع
Al Warsan First, Dubai
مكتمل
Q1 2012
أنواع الوحدات
Studio, 1 Bed, Commercial
Prices from
AED 262.0K
متوسط السعر لكل sq ft
AED 521
Median gross yield
10.7%
رسوم الخدمات
AED 11.88 per sq ft (2025)
Nearest metro
Dragon Mart, 0.5 km

Building details

Inside Y-02

Properties in Y-02

Studios in Y-02

There are about 24 of these in Y-02, from 480 sq ft. They have recently sold for a median of AED 330.0K, or AED 680 per sq ft.

1-bedroom apartments in Y-02

There are about 20 of these in Y-02, from 720 to 910 sq ft. They have recently sold for a median of AED 435.0K, or AED 600 per sq ft.

Commercial units in Y-02

There are about 8 of these in Y-02, from 370 to 1,020 sq ft. None has sold recently enough to quote a price.

Unit types in Y-02 with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو24480 sqft44.6 sqmtAED 330KAED 30.5K
1 Bed20720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 435KAED 43.5K
تجاري8370 sqft34.4 sqmt – 1,020 sqft94.8 sqmtلا توجد مبيعات حديثة–

Recent transactions in Y-02

  • Y-02, England Cluster

    المدينة العالمية

    AED 330K

    AED 682 /sqftAED 7,341 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك12 Oct 2026
  • Y-02, England Cluster

    المدينة العالمية

    AED 435K

    AED 603 /sqftAED 6,491 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك27 Jul 2026
  • Y-02, England Cluster

    المدينة العالمية

    AED 450K

    AED 624 /sqftAED 6,717 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك6 Feb 2026
  • Y-02, England Cluster

    المدينة العالمية

    AED 430K

    AED 596 /sqftAED 6,415 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك24 Dec 2025
  • Y-02, England Cluster

    المدينة العالمية

    AED 335K

    AED 692 /sqftAED 7,449 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك29 Aug 2025
  • Y-02, England Cluster

    المدينة العالمية

    AED 480K

    AED 525 /sqftAED 5,651 /sqmt

    جاهزشقة
    915 sqft85 sqmt1 Bedالمالك1 Jul 2025
  • Y-02, England Cluster

    المدينة العالمية

    AED 430K

    AED 470 /sqftAED 5,059 /sqmt

    جاهزشقة
    915 sqft85 sqmt1 Bedالمالك12 Mar 2025
  • Y-02, England Cluster

    المدينة العالمية

    AED 270K

    AED 558 /sqftAED 6,006 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك8 Oct 2024
  • Y-02, England Cluster

    المدينة العالمية

    AED 280K

    AED 579 /sqftAED 6,232 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك5 Jun 2024
  • Y-02, England Cluster

    المدينة العالمية

    AED 100K

    AED 413 /sqftAED 4,445 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك4 Jun 2024
  • Y-02, England Cluster

    المدينة العالمية

    AED 340K

    AED 372 /sqftAED 4,004 /sqmt

    جاهزشقة
    915 sqft85 sqmt1 Bedالمالك7 Mar 2024
  • Y-02, England Cluster

    المدينة العالمية

    AED 275K

    AED 568 /sqftAED 6,114 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك20 Feb 2024
  • Y-02, England Cluster

    المدينة العالمية

    AED 270K

    AED 558 /sqftAED 6,006 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك1 Dec 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 250K

    AED 517 /sqftAED 5,565 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك30 Oct 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 240K

    AED 496 /sqftAED 5,339 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك19 Oct 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 370K

    AED 404 /sqftAED 4,349 /sqmt

    جاهزشقة
    915 sqft85 sqmt1 Bedالمالك23 Aug 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 231K

    AED 477 /sqftAED 5,134 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك11 Apr 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 320K

    AED 350 /sqftAED 3,767 /sqmt

    جاهزشقة
    915 sqft85 sqmt1 Bedالمالك23 Mar 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 220K

    AED 455 /sqftAED 4,898 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك14 Mar 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 200K

    AED 413 /sqftAED 4,445 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك6 Feb 2023
  • Y-02, England Cluster

    المدينة العالمية

    AED 150K/yr

    شقةعقد جديد
    484 sqft45 sqmtاستوديوإلى
  • Y-02, England Cluster

    المدينة العالمية

    AED 28K/yr

    شقةتجديد
    484 sqft45 sqmtاستوديوإلى
  • Y-02, England Cluster

    المدينة العالمية

    AED 45K/yr

    شقةعقد جديد
    721 sqft67 sqmt1 Bedإلى
  • Y-02, England Cluster

    المدينة العالمية

    AED 32K/yr

    شقةتجديد
    484 sqft45 sqmtاستوديوإلى
  • Y-02, England Cluster

    المدينة العالمية

    AED 42K/yr

    شقةعقد جديد
    721 sqft67 sqmt1 Bedإلى
  • Y-02, England Cluster

    المدينة العالمية

    AED 29K/yr

    شقةعقد جديد
    484 sqft45 sqmtاستوديوإلى

Every sale in Y-02Every rent contract in Y-02

Service charges in Y-02

The 2025 service charge in Y-02 is AED 11.88 per sq ft for homes, AED 10.84 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 Y-02
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2025)AED 11.88720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 8,554 – AED 10,811
تجاري (2025)AED 10.84370 sqft34.4 sqmt – 1,020 sqft94.8 sqmtAED 4,011 – AED 11,057
Studio Apartment (2025)AED 11.88480 sqft44.6 sqmtAED 5,702 – AED 5,702

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

Nearby amenities

Around Y-02

Transportation near Y-02

The nearest Dubai Metro station from Y-02 is Centrepoint (red line, 6.5 km, about 15 min drive). Stations planned on new lines nearby include Dragon Mart (blue line, 0.5 km, about 6 min walk) and International City 1 (blue line, 1.5 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • Dragon MartBlue line · 0.5 km · about 6 min walk
  • International City 1Blue line · 1.5 km · about 5 min drive
  • Al WarqaBlue line · 1.9 km · about 6 min drive
  • International City 2Blue line · 2.7 km · about 7 min drive
  • Auto MarketBlue line · 4.1 km · about 10 min drive
  • Ras Al Khor StationBlue line · 4.7 km · about 11 min drive

Shopping and groceries near Y-02

The closest is Dragon Mart, 1.4 km from Y-02 (about 5 min drive).

  • Dragon MartShopping Mall · 1.4 km · about 5 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 1.5 km · about 5 min drive
  • Spinneys / International City, France ClusterSupermarket · 1.6 km · about 5 min drive
  • Century MallShopping Mall · 4.8 km · about 12 min drive
  • Mirdif City CentreShopping Mall · 4.8 km · about 12 min drive

Restaurants and hotels near Y-02

The closest is Intercontinental Dubai Festival City, 7.7 km from Y-02 (about 17 min drive).

  • Intercontinental Dubai Festival CityHotel · 7.7 km · about 17 min drive
  • Crowne Plaza Dubai Festival CityHotel · 7.9 km · about 18 min drive

Hospitals and clinics near Y-02

The closest is The Osteopathic Health Centre, 6.1 km from Y-02 (about 14 min drive).

  • The Osteopathic Health CentreHospital · 6.1 km · about 14 min drive

Parks and leisure near Y-02

The closest is Mushrif Park, 6.5 km from Y-02 (about 15 min drive).

  • Mushrif ParkPark · 6.5 km · about 15 min drive

Schools near Y-02

The nearest is Newlands School, 0.8 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 0.8 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 1.4 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 1.4 km
  • Primus Private School L.L.CIndian · KHDA: Good · 1.5 km
  • International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 1.8 km
  • Cedar School L.L.CUK · KHDA: Acceptable · 1.9 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare Y-02 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 Y-02

In its favour

  • A median gross yield of 10.7% 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.
  • The nearest running metro station is 6.5 km away, so a car helps.

الأسئلة الشائعة

Y-02: questions answered

Y-02 was developed by Nakheel in Al Warsan First.

Y-02 is completed in Q1 2012.

Across its 20 most recent registered sales, Y-02 sold for a median of AED 521 per sq ft and AED 300.0K per unit.

Recent yearly contracts in Y-02 have a median rent of AED 37.0K.

The median gross yield on recently sold units in Y-02 is 10.7%: the rent the unit earned over its purchase price, before costs.

The 2025 service charge for residential units in Y-02 is AED 11.88 per sq ft a year, as registered with the Dubai Land Department.

Y-02 has Studio (480 sq ft), 1 Bed (720 to 910 sq ft), Commercial (370 to 1,020 sq ft).

Dragon Mart is about 0.5 km from Y-02.

The nearest schools include Newlands School (0.8 km), Sharjah American International Private School - Dubai Branch (1.4 km), International Academic School (1.4 km).

Buying, selling or renting in Y-02?

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

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