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Ready building · Nakheel

Y-04, Al Warsan First

Highlights

Y-04 at a glance

About Y-04

Y-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. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 455 per sq ft.

Y-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 1,040 sq ft
  • Service charge from AED 9.94 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 255.0K
متوسط السعر لكل sq ft
AED 455
Median gross yield
10.8%
رسوم الخدمات
AED 10.59 per sq ft (2025)
Nearest metro
Dragon Mart, 0.5 km

Building details

Inside Y-04

Properties in Y-04

Studios in Y-04

There are about 32 of these in Y-04, from 480 sq ft. They have recently sold for a median of AED 320.0K, or AED 660 per sq ft. Owners who resold made a median 2% over what they paid.

1-bedroom apartments in Y-04

There are about 28 of these in Y-04, from 720 to 910 sq ft. They have recently sold for a median of AED 450.0K, or AED 490 per sq ft.

Commercial units in Y-04

There are about 13 of these in Y-04, from 370 to 1,040 sq ft. They have recently sold for a median of AED 684.0K, or AED 1,130 per sq ft.

Unit types in Y-04 with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو32480 sqft44.6 sqmtAED 320KAED 30K
1 Bed28720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 450KAED 37K
تجاري13370 sqft34.4 sqmt – 1,040 sqft96.6 sqmtAED 684K–

Recent transactions in Y-04

  • Y-04, England Cluster

    المدينة العالمية

    AED 450K

    AED 492 /sqftAED 5,296 /sqmt

    جاهزشقة
    915 sqft85 sqmt1 Bedالمالك25 Aug 2026
  • Y-04, England Cluster

    المدينة العالمية

    AED 320K

    AED 661 /sqftAED 7,115 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك6 Aug 2026
  • Y-04, England Cluster

    المدينة العالمية

    AED 333K

    AED 688 /sqftAED 7,406 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك27 Feb 2026
  • Y-04, England Cluster

    المدينة العالمية

    AED 320K

    AED 661 /sqftAED 7,115 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك18 Dec 2025
  • Y-04, England Cluster

    المدينة العالمية

    AED 320K

    AED 661 /sqftAED 7,115 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك3 Jun 2025
  • Y-04, England Cluster

    المدينة العالمية

    AED 220K

    AED 455 /sqftAED 4,898 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك2 Oct 2024
  • Y-04, England Cluster

    المدينة العالمية

    AED 295K

    AED 409 /sqftAED 4,402 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك21 Feb 2024
  • Y-04, England Cluster

    المدينة العالمية

    AED 250K

    AED 517 /sqftAED 5,565 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك20 Dec 2023
  • Y-04, England Cluster

    المدينة العالمية

    AED 210K

    AED 434 /sqftAED 4,672 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك15 Dec 2023
  • Y-04, England Cluster

    المدينة العالمية

    AED 330K

    AED 458 /sqftAED 4,930 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك16 Mar 2023
  • Y-04, England Cluster

    المدينة العالمية

    AED 220K

    AED 455 /sqftAED 4,898 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك28 Feb 2023
  • Y-04, England Cluster

    المدينة العالمية

    AED 350K

    AED 465 /sqftAED 5,005 /sqmt

    جاهزشقة
    753 sqft70 sqmt1 Bedالمالك22 Feb 2023
  • Y-04, England Cluster

    المدينة العالمية

    AED 320K

    AED 444 /sqftAED 4,779 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك10 Feb 2023
  • Y-04, England Cluster

    المدينة العالمية

    AED 218K

    AED 450 /sqftAED 4,844 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك29 Nov 2022
  • Y-04, England Cluster

    المدينة العالمية

    AED 300K

    AED 398 /sqftAED 4,284 /sqmt

    جاهزشقة
    753 sqft70 sqmt1 Bedالمالك8 Aug 2022
  • Y-04, England Cluster

    المدينة العالمية

    AED 200K

    AED 413 /sqftAED 4,445 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك1 Nov 2021
  • Y-04, England Cluster

    المدينة العالمية

    AED 310K

    AED 339 /sqftAED 3,649 /sqmt

    جاهزشقة
    915 sqft85 sqmt1 Bedالمالك26 Jul 2021
  • Y-04, England Cluster

    المدينة العالمية

    AED 190K

    AED 393 /sqftAED 4,230 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك7 Jul 2021
  • Y-04, England Cluster

    المدينة العالمية

    AED 100K

    AED 207 /sqftAED 2,228 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك28 Apr 2021
  • Y-04, England Cluster

    المدينة العالمية

    AED 240K

    AED 496 /sqftAED 5,339 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك3 Aug 2020
  • Y-04, England Cluster

    المدينة العالمية

    AED 37K/yr

    شقةتجديد
    721 sqft67 sqmt1 Bedإلى
  • Y-04, England Cluster

    المدينة العالمية

    AED 37K/yr

    شقةتجديد
    721 sqft67 sqmt1 Bedإلى
  • Y-04, England Cluster

    المدينة العالمية

    AED 30K/yr

    شقةعقد جديد
    484 sqft45 sqmtاستوديوإلى

Every sale in Y-04Every rent contract in Y-04

Service charges in Y-04

The 2025 service charge in Y-04 is AED 10.59 per sq ft for homes, AED 9.94 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-04
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2025)AED 10.59720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 7,625 – AED 9,637
تجاري (2025)AED 9.94370 sqft34.4 sqmt – 1,040 sqft96.6 sqmtAED 3,678 – AED 10,338
Studio Apartment (2025)AED 10.59480 sqft44.6 sqmtAED 5,083 – AED 5,083

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

Nearby amenities

Around Y-04

Transportation near Y-04

The nearest Dubai Metro station from Y-04 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, 1.4 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 · 1.4 km · about 5 min drive
  • Al WarqaBlue line · 2 km · about 6 min drive
  • International City 2Blue line · 2.6 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-04

The closest is Lulu Express / France Cluster, International City, 1.4 km from Y-04 (about 5 min drive).

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

Restaurants and hotels near Y-04

The closest is Intercontinental Dubai Festival City, 7.8 km from Y-04 (about 18 min drive).

  • Intercontinental Dubai Festival CityHotel · 7.8 km · about 18 min drive
  • Crowne Plaza Dubai Festival CityHotel · 7.9 km · about 18 min drive

Hospitals and clinics near Y-04

The closest is The Osteopathic Health Centre, 6.1 km from Y-04 (about 14 min drive).

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

Parks and leisure near Y-04

The closest is Mushrif Park, 6.6 km from Y-04 (about 15 min drive).

  • Mushrif ParkPark · 6.6 km · about 15 min drive

Schools near Y-04

The nearest is Newlands School, 0.9 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 0.9 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 1.4 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 1.5 km
  • Primus Private School L.L.CIndian · KHDA: Good · 1.6 km
  • International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 1.9 km
  • Cedar School L.L.CUK · KHDA: Acceptable · 2 km

Other buildings in Al Warsan First

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

In its favour

  • Owners who resold have made money: a median gain of up to 2%.
  • A median gross yield of 10.8% 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-04: questions answered

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

Y-04 is completed in Q1 2012.

Across its 20 most recent registered sales, Y-04 sold for a median of AED 455 per sq ft and AED 297.5K per unit.

Recent yearly contracts in Y-04 have a median rent of AED 37.0K.

The median gross yield on recently sold units in Y-04 is 10.8%: the rent the unit earned over its purchase price, before costs.

The 2025 service charge for residential units in Y-04 is AED 10.59 per sq ft a year, as registered with the Dubai Land Department.

Y-04 has Studio (480 sq ft), 1 Bed (720 to 910 sq ft), Commercial (370 to 1,040 sq ft).

Dragon Mart is about 0.5 km from Y-04.

The nearest schools include Newlands School (0.9 km), Sharjah American International Private School - Dubai Branch (1.4 km), International Academic School (1.5 km).

Buying, selling or renting in Y-04?

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

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