Z-02, Al Warsan First

Z-02 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. 4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 540 per sq ft.

Z-02 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 400 to 730 sq ft
• Service charge from AED 7.16 per sq ft
• Centrepoint metro station 6.4 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 540

Median gross yield

11.0%

رسوم الخدمات

AED 7.18 per sq ft (2018)

Nearest metro

Dragon Mart, 0.4 km

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

• 1-bedroom apartments: AED 300.0K to AED 470.0K (721 to 732 sq ft), across 13 sales
• Studios: AED 248.0K to AED 320.0K (484 to 570 sq ft), across 7 sales

Studio homes in Z-02 were let for AED 20.0K to AED 30.0K a year across 3 recent contracts, with a median of AED 29.0K.

Yearly rents from recent registered contracts, by unit type:

• Studios: AED 20.0K to AED 30.0K a year (484 to 570 sq ft), across 3 contracts
• 1-bedroom apartments: AED 33.6K a year (721 sq ft)

Every sale in Z-02Every rent contract in Z-02

The 2018 service charge in Z-02 is AED 7.18 per sq ft for homes, AED 7.16 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 Z-02 is Centrepoint (red line, 6.4 km, about 15 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, 1.7 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 · 1.7 km · about 5 min drive
• Al WarqaBlue line · 1.8 km · about 6 min drive
• International City 2Blue line · 2.9 km · about 8 min drive
• Auto MarketBlue line · 4.3 km · about 11 min drive
• MirdifBlue line · 4.6 km · about 11 min drive

The closest is Dragon Mart, 1.3 km from Z-02 (about 5 min drive).

• Dragon MartShopping Mall · 1.3 km · about 5 min drive
• Lulu Express / France Cluster, International CitySupermarket · 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

The closest is Intercontinental Dubai Festival City, 7.8 km from Z-02 (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

The closest is The Osteopathic Health Centre, 5.9 km from Z-02 (about 14 min drive).

• The Osteopathic Health CentreHospital · 5.9 km · about 14 min drive

The closest is Mushrif Park, 6.3 km from Z-02 (about 15 min drive).

• Mushrif ParkPark · 6.3 km · about 15 min drive

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 · 1.3 km
• International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 1.3 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
• Ignite School L.L.CAmerican · KHDA: Acceptable · 1.9 km

Al Warsan First has 319 buildings. A few others to compare Z-02 with:

• جاهز

  10-02

  Al Warsan First · Nakheel

  Completed 2012

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  10-03

  Al Warsan First · Nakheel

  Completed 2012

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  10-04

  Al Warsan First · Nakheel

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  10-06

  Al Warsan First · Nakheel

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  10-08

  Al Warsan First · Nakheel

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• جاهز

  10-09

  Al Warsan First · Nakheel

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