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Ready building · Nakheel

IC1-EMR-03, Al Warsan First

Highlights

IC1-EMR-03 at a glance

About IC1-EMR-03

IC1-EMR-03 is a residential building in Al Warsan First, Dubai, developed by Nakheel. It holds about 70 units: studios, 1-bedroom apartments.

The building was completed in 2012 and has been in use for about 14 years. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 490 per sq ft.

IC1-EMR-03 is one of 319 buildings in Al Warsan First: 289 are complete and 13 are still being built.

In a nutshell

  • A residential ready building
  • Located in Al Warsan First, Dubai
  • Developed by Nakheel
  • Completed in Q1 2012
  • Unit types: Studio, 1 Bed
  • Sizes from 420 to 850 sq ft
  • Service charge from AED 7.21 per sq ft
  • Centrepoint metro station 8 km away
Status
Ready
Developer
Nakheel
Location
Al Warsan First, Dubai
Completed
Q1 2012
Unit types
Studio, 1 Bed
Prices from
AED 364.0K
Median price per sq ft
AED 490
Median gross yield
10.5%
Service charge
AED 7.21 per sq ft (2018)
Nearest metro
Dragon Mart, 2.5 km

Building details

Inside IC1-EMR-03

Properties in IC1-EMR-03

Studios in IC1-EMR-03

There are about 31 of these in IC1-EMR-03, from 420 to 510 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in IC1-EMR-03

There are about 39 of these in IC1-EMR-03, from 730 to 850 sq ft. None has sold recently enough to quote a price.

Unit types in IC1-EMR-03 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio31420 sqft39 sqmt – 510 sqft47.4 sqmtNo recent salesAED 36.3K
1 Bed39730 sqft67.8 sqmt – 850 sqft79 sqmtNo recent salesAED 40K

Recent transactions in IC1-EMR-03

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 435K

    AED 510 /sqftAED 5,490 /sqmt

    ReadyApartment
    853 sqft79.2 sqmt1 BedOwner30 Jul 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 320K

    AED 727 /sqftAED 7,825 /sqmt

    ReadyApartment
    440 sqft40.9 sqmtStudioOwner23 Jun 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 419K

    AED 565 /sqftAED 6,082 /sqmt

    ReadyApartment
    741 sqft68.8 sqmt1 BedOwner17 Jun 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 419K

    AED 573 /sqftAED 6,168 /sqmt

    ReadyApartment
    731 sqft67.9 sqmt1 BedOwner17 Jun 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 435K

    AED 551 /sqftAED 5,931 /sqmt

    ReadyApartment
    789 sqft73.3 sqmt1 BedOwner3 Mar 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 425K

    AED 510 /sqftAED 5,490 /sqmt

    ReadyApartment
    833 sqft77.4 sqmt1 BedOwner18 Feb 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 317K

    AED 646 /sqftAED 6,953 /sqmt

    ReadyApartment
    491 sqft45.6 sqmtStudioOwner20 Jan 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 250K

    AED 509 /sqftAED 5,479 /sqmt

    ReadyApartment
    491 sqft45.6 sqmtStudioOwner8 Jan 2025

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 363K

    AED 491 /sqftAED 5,285 /sqmt

    ReadyApartment
    740 sqft68.7 sqmt1 BedOwner17 Jan 2024

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 210K

    AED 461 /sqftAED 4,962 /sqmt

    ReadyApartment
    456 sqft42.4 sqmtStudioOwner26 Dec 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 360K

    AED 483 /sqftAED 5,199 /sqmt

    ReadyApartment
    745 sqft69.2 sqmt1 BedOwner5 Dec 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 360K

    AED 484 /sqftAED 5,210 /sqmt

    ReadyApartment
    744 sqft69.1 sqmt1 BedOwner5 Dec 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 240K

    AED 489 /sqftAED 5,264 /sqmt

    ReadyApartment
    491 sqft45.6 sqmtStudioOwner13 Nov 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 240K

    AED 510 /sqftAED 5,490 /sqmt

    ReadyApartment
    471 sqft43.8 sqmtStudioOwner13 Nov 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 345K

    AED 473 /sqftAED 5,091 /sqmt

    ReadyApartment
    729 sqft67.7 sqmt1 BedOwner28 Sept 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 350K

    AED 480 /sqftAED 5,167 /sqmt

    ReadyApartment
    729 sqft67.7 sqmt1 BedOwner25 Jul 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 315K

    AED 423 /sqftAED 4,553 /sqmt

    ReadyApartment
    745 sqft69.2 sqmt1 BedOwner17 Jul 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 210K

    AED 414 /sqftAED 4,456 /sqmt

    ReadyApartment
    507 sqft47.1 sqmtStudioOwner1 May 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 210K

    AED 446 /sqftAED 4,801 /sqmt

    ReadyApartment
    471 sqft43.8 sqmtStudioOwner1 May 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 210K

    AED 446 /sqftAED 4,801 /sqmt

    ReadyApartment
    471 sqft43.8 sqmtStudioOwner1 May 2023

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 39.6K/yr

    ApartmentNew contract
    491 sqft45.6 sqmtStudioto

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 33K/yr

    ApartmentNew contract
    461 sqft42.8 sqmtStudioto

  • IC1-EMR-03, Emirates Cluster

    International City

    AED 40K/yr

    ApartmentNew contract
    740 sqft68.7 sqmt1 Bedto

Every sale in IC1-EMR-03Every rent contract in IC1-EMR-03

Service charges in IC1-EMR-03

The 2018 service charge in IC1-EMR-03 is AED 7.21 per sq ft for homes. 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 IC1-EMR-03
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 7.21730 sqft67.8 sqmt – 850 sqft79 sqmtAED 5,263 – AED 6,129
Studio Apartment (2018)AED 7.21420 sqft39 sqmt – 510 sqft47.4 sqmtAED 3,028 – AED 3,677

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

Nearby amenities

Around IC1-EMR-03

Transportation near IC1-EMR-03

The nearest Dubai Metro station from IC1-EMR-03 is Centrepoint (red line, 8 km, about 18 min drive). Stations planned on new lines nearby include Dragon Mart (blue line, 2.5 km, about 7 min drive) and International City 1 (blue line, 2.7 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

  • Dragon MartBlue line · 2.5 km · about 7 min drive
  • International City 1Blue line · 2.7 km · about 7 min drive
  • International City 2Blue line · 2.9 km · about 8 min drive
  • Al WarqaBlue line · 3.4 km · about 9 min drive
  • Dubai Silicon OasisBlue line · 5 km · about 12 min drive
  • Academic CityBlue line · 5.5 km · about 13 min drive

Shopping and groceries near IC1-EMR-03

The closest is Dragon Mart, 1.3 km from IC1-EMR-03 (about 5 min drive).

  • Dragon MartShopping Mall · 1.3 km · about 5 min drive
  • Spinneys / International City, France ClusterSupermarket · 1.9 km · about 6 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 2.1 km · about 6 min drive
  • Mirdif City CentreShopping Mall · 6 km · about 14 min drive
  • Century MallShopping Mall · 6 km · about 14 min drive

Hospitals and clinics near IC1-EMR-03

The closest is The Osteopathic Health Centre, 6.7 km from IC1-EMR-03 (about 15 min drive).

  • The Osteopathic Health CentreHospital · 6.7 km · about 15 min drive

Parks and leisure near IC1-EMR-03

The closest is Mushrif Park, 6.4 km from IC1-EMR-03 (about 15 min drive).

  • Mushrif ParkPark · 6.4 km · about 15 min drive

Schools near IC1-EMR-03

The nearest is Newlands School, 2.9 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 2.9 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.1 km
  • GEMS Al Khaleej International School - Dubai BranchAmerican - International Baccalaureate · KHDA: Good · 3.1 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.1 km
  • Ignite School L.L.CAmerican · KHDA: Acceptable · 3.2 km
  • Primus Private School L.L.CIndian · KHDA: Good · 3.2 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare IC1-EMR-03 with:

  • 10-02, Al Warsan FirstReady

    10-02

    Al Warsan First · Nakheel

    Completed 2012

  • 10-03, Al Warsan FirstReady

    10-03

    Al Warsan First · Nakheel

    Completed 2012

  • 10-04, Al Warsan FirstReady

    10-04

    Al Warsan First · Nakheel

    Completed 2012

  • 10-06, Al Warsan FirstReady

    10-06

    Al Warsan First · Nakheel

    Completed 2012

  • 10-08, Al Warsan FirstReady

    10-08

    Al Warsan First · Nakheel

    Completed 2012

  • 10-09, Al Warsan FirstReady

    10-09

    Al Warsan First · Nakheel

    Completed 2012

All 319 Al Warsan First buildings →

Things to consider about IC1-EMR-03

In its favour

  • 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 8 km away, so a car helps.

FAQs

IC1-EMR-03: questions answered

IC1-EMR-03 was developed by Nakheel in Al Warsan First.

IC1-EMR-03 is completed in Q1 2012.

Across its 20 most recent registered sales, IC1-EMR-03 sold for a median of AED 490 per sq ft and AED 332.5K per unit.

Recent yearly contracts in IC1-EMR-03 have a median rent of AED 39.6K.

The median gross yield on recently sold units in IC1-EMR-03 is 10.5%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in IC1-EMR-03 is AED 7.21 per sq ft a year, as registered with the Dubai Land Department.

IC1-EMR-03 has Studio (420 to 510 sq ft), 1 Bed (730 to 850 sq ft).

Dragon Mart is about 2.5 km from IC1-EMR-03.

The nearest schools include Newlands School (2.9 km), Sharjah American International Private School - Dubai Branch (3.1 km), GEMS Al Khaleej International School - Dubai Branch (3.1 km).

Buying, selling or renting in IC1-EMR-03?

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

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