ReadyReady building · Nakheel
K-01, Al Warsan First
Highlights
K-01 at a glance
About K-01
K-01 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. 7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 529 per sq ft.
K-01 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 950 sq ft
- Service charge from AED 8.75 per sq ft
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 259.0K
- Median price per sq ft
- AED 529
- Median gross yield
- 11.8%
- Service charge
- AED 8.96 per sq ft (2018)
- Nearest metro
- International City 2, 1.5 km
Building details
Inside K-01
Properties in K-01
Studios in K-01
There are about 24 of these in K-01, from 460 to 480 sq ft. They have recently sold for a median of AED 343.0K, or AED 720 per sq ft. Owners who resold made a median 14% over what they paid.
1-bedroom apartments in K-01
There are about 20 of these in K-01, from 720 to 900 sq ft. They have recently sold for a median of AED 455.0K, or AED 500 per sq ft.
Commercial units in K-01
There are about 8 of these in K-01, from 370 to 950 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 24 | 460 sqft42.7 sqmt – 480 sqft44.6 sqmt | AED 343K | AED 30K |
| 1 Bed | 20 | 720 sqft66.9 sqmt – 900 sqft83.6 sqmt | AED 455K | AED 64K |
| Commercial | 8 | 370 sqft34.4 sqmt – 950 sqft88.3 sqmt | No recent sales | – |
Sale trends in K-01
Median sale price
AED 335K
Median per sq ft
AED 529
Median gross yield
11.8%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 220.0K to AED 345.0K (463 to 484 sq ft), across 12 sales
- 1-bedroom apartments: AED 310.0K to AED 455.0K (721 to 904 sq ft), across 8 sales
Rental trends in K-01
Studio homes in K-01 were let for AED 27.0K to AED 33.0K a year across 5 recent contracts, with a median of AED 30.0K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 27.0K to AED 33.0K a year (463 to 484 sq ft), across 5 contracts
- 1-bedroom apartments: AED 44.0K to AED 84.0K a year (721 to 904 sq ft), across 2 contracts
Recent transactions in K-01
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| K-01, Greece Cluster, International CityReadyApartment | AED 455,000AED 503 /sqftAED 5,414 /sqmt | 904 sqft84 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 345,000AED 745 /sqftAED 8,019 /sqmt | 463 sqft43 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 345,000AED 745 /sqftAED 8,019 /sqmt | 463 sqft43 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 340,000AED 702 /sqftAED 7,556 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 340,000AED 734 /sqftAED 7,901 /sqmt | 463 sqft43 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 345,000AED 713 /sqftAED 7,675 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 330,000AED 713 /sqftAED 7,675 /sqmt | 463 sqft43 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 400,000AED 555 /sqftAED 5,974 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 320,000AED 661 /sqftAED 7,115 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 345,000AED 479 /sqftAED 5,156 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 344,000AED 477 /sqftAED 5,134 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 240,000AED 496 /sqftAED 5,339 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 238,000AED 492 /sqftAED 5,296 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 315,000AED 437 /sqftAED 4,704 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 315,000AED 437 /sqftAED 4,704 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 350,000AED 485 /sqftAED 5,220 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 310,000AED 430 /sqftAED 4,628 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-01, Greece Cluster, International CityReadyApartment | AED 220,000AED 455 /sqftAED 4,898 /sqmt | 484 sqft45 sqmtStudio | Owner |
K-01, Greece Cluster
International City
AED 455K
AED 503 /sqftAED 5,414 /sqmt
ReadyApartment904 sqft84 sqmt1 BedOwner8 Oct 2026K-01, Greece Cluster
International City
AED 345K
AED 745 /sqftAED 8,019 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner12 Mar 2026K-01, Greece Cluster
International City
AED 345K
AED 745 /sqftAED 8,019 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner12 Mar 2026K-01, Greece Cluster
International City
AED 340K
AED 702 /sqftAED 7,556 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner16 Feb 2026K-01, Greece Cluster
International City
AED 340K
AED 734 /sqftAED 7,901 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner13 Feb 2026K-01, Greece Cluster
International City
AED 345K
AED 713 /sqftAED 7,675 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner13 Feb 2026K-01, Greece Cluster
International City
AED 330K
AED 713 /sqftAED 7,675 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner6 Jan 2026K-01, Greece Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner30 Apr 2025K-01, Greece Cluster
International City
AED 400K
AED 555 /sqftAED 5,974 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner24 Apr 2025K-01, Greece Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner23 Jan 2025K-01, Greece Cluster
International City
AED 320K
AED 661 /sqftAED 7,115 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 Aug 2024K-01, Greece Cluster
International City
AED 345K
AED 479 /sqftAED 5,156 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner3 Jan 2024K-01, Greece Cluster
International City
AED 344K
AED 477 /sqftAED 5,134 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner31 Oct 2023K-01, Greece Cluster
International City
AED 240K
AED 496 /sqftAED 5,339 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner7 Aug 2023K-01, Greece Cluster
International City
AED 238K
AED 492 /sqftAED 5,296 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner3 Aug 2023K-01, Greece Cluster
International City
AED 315K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner23 Mar 2023K-01, Greece Cluster
International City
AED 315K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner20 Mar 2023K-01, Greece Cluster
International City
AED 350K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner22 Feb 2023K-01, Greece Cluster
International City
AED 310K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner29 Dec 2022K-01, Greece Cluster
International City
AED 220K
AED 455 /sqftAED 4,898 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner1 Aug 2022
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| K-01, Greece Cluster, International CityApartmentNew contract | AED 28,000 | 463 sqft43 sqmtStudio | to |
| K-01, Greece Cluster, International CityApartmentNew contract | AED 33,000 | 484 sqft45 sqmtStudio | to |
| K-01, Greece Cluster, International CityApartmentNew contract | AED 27,000 | 484 sqft45 sqmtStudio | to |
| K-01, Greece Cluster, International CityApartmentNew contract | AED 30,000 | 463 sqft43 sqmtStudio | to |
| K-01, Greece Cluster, International CityApartmentNew contract | AED 31,000 | 463 sqft43 sqmtStudio | to |
| K-01, Greece Cluster, International CityApartmentNew contract | AED 44,000 | 721 sqft67 sqmt1 Bed | to |
| K-01, Greece Cluster, International CityApartmentNew contract | AED 84,000 | 904 sqft84 sqmt1 Bed | to |
K-01, Greece Cluster
International City
AED 28K/yr
ApartmentNew contract463 sqft43 sqmtStudiotoK-01, Greece Cluster
International City
AED 33K/yr
ApartmentNew contract484 sqft45 sqmtStudiotoK-01, Greece Cluster
International City
AED 27K/yr
ApartmentNew contract484 sqft45 sqmtStudiotoK-01, Greece Cluster
International City
AED 30K/yr
ApartmentNew contract463 sqft43 sqmtStudiotoK-01, Greece Cluster
International City
AED 31K/yr
ApartmentNew contract463 sqft43 sqmtStudiotoK-01, Greece Cluster
International City
AED 44K/yr
ApartmentNew contract721 sqft67 sqmt1 BedtoK-01, Greece Cluster
International City
AED 84K/yr
ApartmentNew contract904 sqft84 sqmt1 Bedto
Service charges in K-01
The 2018 service charge in K-01 is AED 8.96 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.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2018) | AED 8.96 | 720 sqft66.9 sqmt – 900 sqft83.6 sqmt | AED 6,451 – AED 8,064 |
| Retail (2018) | AED 8.75 | 370 sqft34.4 sqmt – 950 sqft88.3 sqmt | AED 3,238 – AED 8,313 |
| Studio Apartment (2018) | AED 8.96 | 460 sqft42.7 sqmt – 480 sqft44.6 sqmt | AED 4,122 – AED 4,301 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around K-01
Transportation near K-01
Stations planned on new lines nearby include International City 2 (blue line, 1.5 km, about 5 min drive) and International City 1 (blue line, 1.6 km, about 5 min drive).
- International City 2Blue line · 1.5 km · about 5 min drive
- International City 1Blue line · 1.6 km · about 5 min drive
- Dragon MartBlue line · 2.4 km · about 7 min drive
- Dubai Silicon OasisBlue line · 3.7 km · about 9 min drive
- Al WarqaBlue line · 3.8 km · about 10 min drive
- Academic CityBlue line · 4.5 km · about 11 min drive
Shopping and groceries near K-01
The closest is Spinneys / International City, France Cluster, 0.8 km from K-01 (about 10 min walk).
- Spinneys / International City, France ClusterSupermarket · 0.8 km · about 10 min walk
- Lulu Express / France Cluster, International CitySupermarket · 1 km · about 12 min walk
- Dragon MartShopping Mall · 2.1 km · about 6 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.6 km · about 13 min drive
- Century MallShopping Mall · 6.6 km · about 15 min drive
Hospitals and clinics near K-01
The closest is The Osteopathic Health Centre, 7.7 km from K-01 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.7 km · about 17 min drive
Parks and leisure near K-01
The closest is Mushrif Park, 7.6 km from K-01 (about 17 min drive).
- Mushrif ParkPark · 7.6 km · about 17 min drive
Schools near K-01
The nearest is Newlands School, 2.8 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 2.8 km
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 3 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.3 km
- Repton SchoolUK/IB · KHDA: Outstanding · 3.4 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.4 km
- International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.4 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare K-01 with:
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Things to consider about K-01
In its favour
- Owners who resold have made money: a median gain of up to 14%.
- A median gross yield of 11.8% 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.
FAQs
K-01: questions answered
Buying, selling or renting in K-01?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.