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Ready building · Nakheel

K-02, Al Warsan First

Highlights

K-02 at a glance

About K-02

K-02 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. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 557 per sq ft.

K-02 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 8.82 per sq ft
Status
Ready
Developer
Nakheel
Location
Al Warsan First, Dubai
Completed
Q1 2012
Unit types
Studio, 1 Bed, Commercial
Prices from
AED 253.0K
Median price per sq ft
AED 557
Median gross yield
10.6%
Service charge
AED 9.02 per sq ft (2018)
Nearest metro
International City 2, 1.5 km

Building details

Inside K-02

Properties in K-02

Studios in K-02

There are about 24 of these in K-02, from 460 to 480 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in K-02

There are about 20 of these in K-02, from 720 to 900 sq ft. They have recently sold for a median of AED 435.0K, or AED 560 per sq ft.

Commercial units in K-02

There are about 8 of these in K-02, from 370 to 950 sq ft. They have recently sold for a median of AED 850.0K, or AED 900 per sq ft.

Unit types in K-02 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio24460 sqft42.7 sqmt – 480 sqft44.6 sqmtNo recent sales–
1 Bed20720 sqft66.9 sqmt – 900 sqft83.6 sqmtAED 435KAED 40K
Commercial8370 sqft34.4 sqmt – 950 sqft88.3 sqmtAED 850K–

Recent transactions in K-02

  • K-02, Greece Cluster

    International City

    AED 435K

    AED 603 /sqftAED 6,491 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner6 Jun 2026

  • K-02, Greece Cluster

    International City

    AED 405K

    AED 562 /sqftAED 6,049 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner28 Apr 2026

  • K-02, Greece Cluster

    International City

    AED 450K

    AED 498 /sqftAED 5,360 /sqmt

    ReadyApartment
    904 sqft84 sqmt1 BedOwner17 Apr 2026

  • K-02, Greece Cluster

    International City

    AED 450K

    AED 624 /sqftAED 6,717 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner22 Jan 2026

  • K-02, Greece Cluster

    International City

    AED 330K

    AED 458 /sqftAED 4,930 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner17 Nov 2025

  • K-02, Greece Cluster

    International City

    AED 312K

    AED 674 /sqftAED 7,255 /sqmt

    ReadyApartment
    463 sqft43 sqmtStudioOwner22 Sept 2025

  • K-02, Greece Cluster

    International City

    AED 315K

    AED 651 /sqftAED 7,007 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner29 Jul 2025

  • K-02, Greece Cluster

    International City

    AED 300K

    AED 620 /sqftAED 6,674 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner11 Jun 2025

  • K-02, Greece Cluster

    International City

    AED 295K

    AED 610 /sqftAED 6,566 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner15 May 2025

  • K-02, Greece Cluster

    International City

    AED 300K

    AED 648 /sqftAED 6,975 /sqmt

    ReadyApartment
    463 sqft43 sqmtStudioOwner5 Mar 2025

  • K-02, Greece Cluster

    International City

    AED 280K

    AED 579 /sqftAED 6,232 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner31 Jan 2025

  • K-02, Greece Cluster

    International City

    AED 150K

    AED 416 /sqftAED 4,478 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner28 Nov 2024

  • K-02, Greece Cluster

    International City

    AED 275K

    AED 568 /sqftAED 6,114 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner30 Jul 2024

  • K-02, Greece Cluster

    International City

    AED 255K

    AED 551 /sqftAED 5,931 /sqmt

    ReadyApartment
    463 sqft43 sqmtStudioOwner24 Apr 2024

  • K-02, Greece Cluster

    International City

    AED 255K

    AED 551 /sqftAED 5,931 /sqmt

    ReadyApartment
    463 sqft43 sqmtStudioOwner15 Mar 2024

  • K-02, Greece Cluster

    International City

    AED 230K

    AED 475 /sqftAED 5,113 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner13 Nov 2023

  • K-02, Greece Cluster

    International City

    AED 232K

    AED 501 /sqftAED 5,393 /sqmt

    ReadyApartment
    463 sqft43 sqmtStudioOwner18 Oct 2023

  • K-02, Greece Cluster

    International City

    AED 320K

    AED 444 /sqftAED 4,779 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner29 Aug 2023

  • K-02, Greece Cluster

    International City

    AED 330K

    AED 458 /sqftAED 4,930 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner13 Jul 2023

  • K-02, Greece Cluster

    International City

    AED 198.8K

    AED 411 /sqftAED 4,424 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner9 Dec 2022

  • K-02, Greece Cluster

    International City

    AED 40K/yr

    ApartmentNew contract
    721 sqft67 sqmt1 Bedto

Every sale in K-02Every rent contract in K-02

Service charges in K-02

The 2018 service charge in K-02 is AED 9.02 per sq ft for homes, AED 8.82 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 K-02
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 9.02720 sqft66.9 sqmt – 900 sqft83.6 sqmtAED 6,494 – AED 8,118
Retail (2018)AED 8.82370 sqft34.4 sqmt – 950 sqft88.3 sqmtAED 3,263 – AED 8,379
Studio Apartment (2018)AED 9.02460 sqft42.7 sqmt – 480 sqft44.6 sqmtAED 4,149 – AED 4,330

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

Nearby amenities

Around K-02

Transportation near K-02

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-02

The closest is Spinneys / International City, France Cluster, 0.8 km from K-02 (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-02

The closest is The Osteopathic Health Centre, 7.6 km from K-02 (about 17 min drive).

  • The Osteopathic Health CentreHospital · 7.6 km · about 17 min drive

Parks and leisure near K-02

The closest is Mushrif Park, 7.6 km from K-02 (about 17 min drive).

  • Mushrif ParkPark · 7.6 km · about 17 min drive

Schools near K-02

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 · 3.1 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.3 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.4 km
  • Repton SchoolUK/IB · KHDA: Outstanding · 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-02 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 K-02

In its favour

  • A median gross yield of 10.6% 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-02: questions answered

K-02 was developed by Nakheel in Al Warsan First.

K-02 is completed in Q1 2012.

Across its 20 most recent registered sales, K-02 sold for a median of AED 557 per sq ft and AED 300.0K per unit.

Recent yearly contracts in K-02 have a median rent of AED 40.0K.

The median gross yield on recently sold units in K-02 is 10.6%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in K-02 is AED 9.02 per sq ft a year, as registered with the Dubai Land Department.

K-02 has Studio (460 to 480 sq ft), 1 Bed (720 to 900 sq ft), Commercial (370 to 950 sq ft).

International City 2 is about 1.5 km from K-02.

The nearest schools include Newlands School (2.8 km), Kings School Nad Al Sheba L.L.C (3.1 km), Sharjah American International Private School - Dubai Branch (3.3 km).

Buying, selling or renting in K-02?

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

Get a free valuation
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