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Ready building · Nakheel

Y23, Al Warsan First

Highlights

Y23 at a glance

About Y23

Y23 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 95 units: studios, 1-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 560 per sq ft.

Y23 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 410 to 870 sq ft
  • Service charge from AED 8.75 per sq ft
  • Centrepoint metro station 6.3 km away
الحالة
جاهز
المطور
Nakheel
الموقع
Al Warsan First, Dubai
مكتمل
Q1 2012
أنواع الوحدات
Studio, 1 Bed, Commercial
Prices from
AED 261.0K
متوسط السعر لكل sq ft
AED 560
Median gross yield
10.5%
رسوم الخدمات
AED 9.35 per sq ft (2025)
Nearest metro
Dragon Mart, 0.4 km

Building details

Inside Y23

Properties in Y23

Studios in Y23

There are about 39 of these in Y23, from 460 to 480 sq ft. They have recently sold for a median of AED 310.0K, or AED 660 per sq ft.

1-bedroom apartments in Y23

There are about 33 of these in Y23, from 720 to 870 sq ft. They have recently sold for a median of AED 410.0K, or AED 570 per sq ft. Owners who resold made a median 16% over what they paid.

Commercial units in Y23

There are about 23 of these in Y23, from 410 to 730 sq ft. They have recently sold for a median of AED 710.0K, or AED 1,000 per sq ft.

Unit types in Y23 with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو39460 sqft42.7 sqmt – 480 sqft44.6 sqmtAED 310KAED 28.5K
1 Bed33720 sqft66.9 sqmt – 870 sqft80.8 sqmtAED 410K–
تجاري23410 sqft38.1 sqmt – 730 sqft67.8 sqmtAED 710K–

Recent transactions in Y23

  • Y-23, England Cluster

    المدينة العالمية

    AED 460K

    AED 638 /sqftAED 6,867 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك31 Jul 2026
  • Y-23, England Cluster

    المدينة العالمية

    AED 320K

    AED 691 /sqftAED 7,438 /sqmt

    جاهزشقة
    463 sqft43 sqmtاستوديوالمالك14 May 2026
  • Y-23, England Cluster

    المدينة العالمية

    AED 300K

    AED 620 /sqftAED 6,674 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك13 Apr 2026
  • Y-23, England Cluster

    المدينة العالمية

    AED 360K

    AED 499 /sqftAED 5,371 /sqmt

    جاهزشقة
    721 sqft67 sqmt1 Bedالمالك1 Apr 2026
  • Y-23, England Cluster

    المدينة العالمية

    AED 395K

    AED 540 /sqftAED 5,813 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك11 Jul 2025
  • Y-23, England Cluster

    المدينة العالمية

    AED 310K

    AED 670 /sqftAED 7,212 /sqmt

    جاهزشقة
    463 sqft43 sqmtاستوديوالمالك2 Jul 2025
  • Y-23, England Cluster

    المدينة العالمية

    AED 315K

    AED 680 /sqftAED 7,319 /sqmt

    جاهزشقة
    463 sqft43 sqmtاستوديوالمالك26 Jun 2025
  • Y-23, England Cluster

    المدينة العالمية

    AED 380K

    AED 519 /sqftAED 5,586 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك17 Apr 2025
  • Y-23, England Cluster

    المدينة العالمية

    AED 320K

    AED 661 /sqftAED 7,115 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك5 Feb 2025
  • Y-23, England Cluster

    المدينة العالمية

    AED 307K

    AED 663 /sqftAED 7,136 /sqmt

    جاهزشقة
    463 sqft43 sqmtاستوديوالمالك6 Dec 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 312K

    AED 645 /sqftAED 6,943 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك21 Oct 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 370K

    AED 505 /sqftAED 5,436 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك13 Jun 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 285K

    AED 589 /sqftAED 6,340 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك16 May 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 280K

    AED 579 /sqftAED 6,232 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك6 May 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 385K

    AED 526 /sqftAED 5,662 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك31 Jan 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 338K

    AED 462 /sqftAED 4,973 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك16 Jan 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 350K

    AED 478 /sqftAED 5,145 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمالك8 Jan 2024
  • Y-23, England Cluster

    المدينة العالمية

    AED 200K

    AED 413 /sqftAED 4,445 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك13 Dec 2023
  • Y-23, England Cluster

    المدينة العالمية

    AED 230K

    AED 497 /sqftAED 5,350 /sqmt

    جاهزشقة
    463 sqft43 sqmtاستوديوالمالك5 Jul 2023
  • Y-23, England Cluster

    المدينة العالمية

    AED 237K

    AED 490 /sqftAED 5,274 /sqmt

    جاهزشقة
    484 sqft45 sqmtاستوديوالمالك13 Apr 2023
  • Y-23, England Cluster

    المدينة العالمية

    AED 28.5K/yr

    شقةعقد جديد
    484 sqft45 sqmtاستوديوإلى
  • Y-23, England Cluster

    المدينة العالمية

    AED 30K/yr

    شقةعقد جديد
    484 sqft45 sqmtاستوديوإلى
  • Y-23, England Cluster

    المدينة العالمية

    AED 25K/yr

    شقةتجديد
    484 sqft45 sqmtاستوديوإلى

Every sale in Y23Every rent contract in Y23

Service charges in Y23

The 2025 service charge in Y23 is AED 9.35 per sq ft for homes, AED 8.75 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 Y23
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2025)AED 9.35720 sqft66.9 sqmt – 870 sqft80.8 sqmtAED 6,732 – AED 8,135
تجاري (2025)AED 8.75410 sqft38.1 sqmt – 730 sqft67.8 sqmtAED 3,588 – AED 6,388
Studio Apartment (2025)AED 9.35460 sqft42.7 sqmt – 480 sqft44.6 sqmtAED 4,301 – AED 4,488

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

Nearby amenities

Around Y23

Transportation near Y23

The nearest Dubai Metro station from Y23 is Centrepoint (red line, 6.3 km, about 15 min drive), then Creek (green line, 8 km, about 18 min drive). Stations planned on new lines nearby include Dragon Mart (blue line, 0.4 km, about 5 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 · 0.4 km · about 5 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 · 2.8 km · about 8 min drive
  • Auto MarketBlue line · 4 km · about 10 min drive
  • Ras Al Khor StationBlue line · 4.6 km · about 11 min drive

Shopping and groceries near Y23

The closest is Lulu Express / France Cluster, International City, 1.6 km from Y23 (about 5 min drive).

  • Lulu Express / France Cluster, International CitySupermarket · 1.6 km · about 5 min drive
  • Dragon MartShopping Mall · 1.6 km · about 5 min drive
  • Spinneys / International City, France ClusterSupermarket · 1.7 km · about 5 min drive
  • Mirdif City CentreShopping Mall · 4.7 km · about 11 min drive
  • Century MallShopping Mall · 4.7 km · about 11 min drive

Restaurants and hotels near Y23

The closest is Intercontinental Dubai Festival City, 7.5 km from Y23 (about 17 min drive).

  • Intercontinental Dubai Festival CityHotel · 7.5 km · about 17 min drive
  • Crowne Plaza Dubai Festival CityHotel · 7.7 km · about 17 min drive

Hospitals and clinics near Y23

The closest is The Osteopathic Health Centre, 6 km from Y23 (about 14 min drive).

  • The Osteopathic Health CentreHospital · 6 km · about 14 min drive

Parks and leisure near Y23

The closest is Mushrif Park, 6.6 km from Y23 (about 15 min drive).

  • Mushrif ParkPark · 6.6 km · about 15 min drive

Schools near Y23

The nearest is Newlands School, 0.7 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 0.7 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 1.3 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 1.4 km
  • Primus Private School L.L.CIndian · KHDA: Good · 1.4 km
  • International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 1.7 km
  • Cedar School L.L.CUK · KHDA: Acceptable · 1.8 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare Y23 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 Y23

In its favour

  • Owners who resold have made money: a median gain of up to 16%.
  • A median gross yield of 10.5% 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 6.3 km away, so a car helps.

الأسئلة الشائعة

Y23: questions answered

Y23 was developed by Nakheel in Al Warsan First.

Y23 is completed in Q1 2012.

Across its 20 most recent registered sales, Y23 sold for a median of AED 560 per sq ft and AED 317.5K per unit.

Recent yearly contracts in Y23 have a median rent of AED 28.5K.

The median gross yield on recently sold units in Y23 is 10.5%: the rent the unit earned over its purchase price, before costs.

The 2025 service charge for residential units in Y23 is AED 9.35 per sq ft a year, as registered with the Dubai Land Department.

Y23 has Studio (460 to 480 sq ft), 1 Bed (720 to 870 sq ft), Commercial (410 to 730 sq ft).

Dragon Mart is about 0.4 km from Y23.

The nearest schools include Newlands School (0.7 km), Sharjah American International Private School - Dubai Branch (1.3 km), International Academic School (1.4 km).

Buying, selling or renting in Y23?

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

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