Ready building · Nakheel

K-03, Al Warsan First

Name: Registered property sales in K-03
Creator: Dubai Land Department

Highlights

K-03 at a glance

About K-03

K-03 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 73 units: studios, 1-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 546 per sq ft.

K-03 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 1,070 sq ft
Service charge from AED 7.18 per sq ft

Status: Ready
Developer: Nakheel
Location: Al Warsan First, Dubai
Completed: Q1 2012
Unit types: Studio, 1 Bed, Commercial
Prices from: AED 260.0K
Median price per sq ft: AED 546
Median gross yield: 11.3%
Service charge: AED 7.21 per sq ft (2018)
Nearest metro: International City 2, 1.6 km

Building details

Inside K-03

Properties in K-03

Studios in K-03

There are about 32 of these in K-03, from 480 to 500 sq ft. They have recently sold for a median of AED 275.0K, or AED 570 per sq ft.

1-bedroom apartments in K-03

There are about 28 of these in K-03, from 720 to 930 sq ft. They have recently sold for a median of AED 435.0K, or AED 590 per sq ft. Owners who resold made a median 10% over what they paid.

Commercial units in K-03

There are about 13 of these in K-03, from 370 to 1,070 sq ft. They have recently sold for a median of AED 337.0K, or AED 710 per sq ft.

Unit types in K-03 with sizes, median prices and rents
Unit type	Units	Size	Median price	Median rent
Studio	32	480 sqft44.6 sqmt – 500 sqft46.5 sqmt	AED 275K	–
1 Bed	28	720 sqft66.9 sqmt – 930 sqft86.4 sqmt	AED 435K	AED 44.5K
Commercial	13	370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt	AED 337K	–

Sale trends in K-03

Median sale price

AED 309K

Median per sq ft

AED 546

Median gross yield

11.3%

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

Studios: AED 200.0K to AED 330.0K (484 to 495 sq ft), across 12 sales
1-bedroom apartments: AED 346.5K to AED 470.0K (721 to 926 sq ft), across 8 sales

Rental trends in K-03

1-bedroom homes in K-03 were let for AED 44.0K to AED 45.0K a year across 2 recent contracts, with a median of AED 44.5K.

Yearly rents from recent registered contracts, by unit type:

1-bedroom apartments: AED 44.0K to AED 45.0K a year (732 to 926 sq ft), across 2 contracts

Recent transactions in K-03

Recent registered sales in K-03
LocationStatus and unit	PricePer sqftPer sqmt	SpecsSize and bedrooms	DateSold by
K-03, Greece Cluster, International CityReadyApartment	AED 400,000AED 546 /sqftAED 5,877 /sqmt	732 sqft68 sqmt1 Bed	26 Jun 2026Owner
K-03, Greece Cluster, International CityReadyApartment	AED 470,000AED 642 /sqftAED 6,910 /sqmt	732 sqft68 sqmt1 Bed	12 Mar 2026Owner
K-03, Greece Cluster, International CityReadyApartment	AED 310,000AED 640 /sqftAED 6,889 /sqmt	484 sqft45 sqmtStudio	3 Dec 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 240,000AED 496 /sqftAED 5,339 /sqmt	484 sqft45 sqmtStudio	14 Nov 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 400,000AED 546 /sqftAED 5,877 /sqmt	732 sqft68 sqmt1 Bed	8 Oct 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 330,000AED 682 /sqftAED 7,341 /sqmt	484 sqft45 sqmtStudio	16 Jul 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 308,000AED 622 /sqftAED 6,695 /sqmt	495 sqft46 sqmtStudio	25 Jun 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 302,000AED 610 /sqftAED 6,566 /sqmt	495 sqft46 sqmtStudio	28 May 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 290,000AED 599 /sqftAED 6,448 /sqmt	484 sqft45 sqmtStudio	27 Mar 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 302,000AED 624 /sqftAED 6,717 /sqmt	484 sqft45 sqmtStudio	27 Mar 2025Owner
K-03, Greece Cluster, International CityReadyApartment	AED 394,000AED 546 /sqftAED 5,877 /sqmt	721 sqft67 sqmt1 Bed	26 Dec 2024Owner
K-03, Greece Cluster, International CityReadyApartment	AED 273,750AED 553 /sqftAED 5,952 /sqmt	495 sqft46 sqmtStudio	22 Nov 2024Owner
K-03, Greece Cluster, International CityReadyApartment	AED 380,000AED 527 /sqftAED 5,673 /sqmt	721 sqft67 sqmt1 Bed	14 Jun 2024Owner
K-03, Greece Cluster, International CityReadyApartment	AED 355,000AED 485 /sqftAED 5,220 /sqmt	732 sqft68 sqmt1 Bed	23 Apr 2024Owner
K-03, Greece Cluster, International CityReadyApartment	AED 250,000AED 505 /sqftAED 5,436 /sqmt	495 sqft46 sqmtStudio	22 Jan 2024Owner
K-03, Greece Cluster, International CityReadyApartment	AED 430,000AED 464 /sqftAED 4,994 /sqmt	926 sqft86 sqmt1 Bed	24 Nov 2023Developer
K-03, Greece Cluster, International CityReadyApartment	AED 346,500AED 374 /sqftAED 4,026 /sqmt	926 sqft86 sqmt1 Bed	28 Sept 2023Owner
K-03, Greece Cluster, International CityReadyApartment	AED 200,000AED 404 /sqftAED 4,349 /sqmt	495 sqft46 sqmtStudio	30 Aug 2023Owner
K-03, Greece Cluster, International CityReadyApartment	AED 230,000AED 475 /sqftAED 5,113 /sqmt	484 sqft45 sqmtStudio	14 Jun 2023Owner
K-03, Greece Cluster, International CityReadyApartment	AED 225,000AED 455 /sqftAED 4,898 /sqmt	495 sqft46 sqmtStudio	23 May 2023Owner

K-03, Greece Cluster
International City
AED 400K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment
732 sqft68 sqmt1 BedOwner26 Jun 2026
K-03, Greece Cluster
International City
AED 470K
AED 642 /sqftAED 6,910 /sqmt
ReadyApartment
732 sqft68 sqmt1 BedOwner12 Mar 2026
K-03, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment
484 sqft45 sqmtStudioOwner3 Dec 2025
K-03, Greece Cluster
International City
AED 240K
AED 496 /sqftAED 5,339 /sqmt
ReadyApartment
484 sqft45 sqmtStudioOwner14 Nov 2025
K-03, Greece Cluster
International City
AED 400K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment
732 sqft68 sqmt1 BedOwner8 Oct 2025
K-03, Greece Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment
484 sqft45 sqmtStudioOwner16 Jul 2025
K-03, Greece Cluster
International City
AED 308K
AED 622 /sqftAED 6,695 /sqmt
ReadyApartment
495 sqft46 sqmtStudioOwner25 Jun 2025
K-03, Greece Cluster
International City
AED 302K
AED 610 /sqftAED 6,566 /sqmt
ReadyApartment
495 sqft46 sqmtStudioOwner28 May 2025
K-03, Greece Cluster
International City
AED 290K
AED 599 /sqftAED 6,448 /sqmt
ReadyApartment
484 sqft45 sqmtStudioOwner27 Mar 2025
K-03, Greece Cluster
International City
AED 302K
AED 624 /sqftAED 6,717 /sqmt
ReadyApartment
484 sqft45 sqmtStudioOwner27 Mar 2025
K-03, Greece Cluster
International City
AED 394K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment
721 sqft67 sqmt1 BedOwner26 Dec 2024
K-03, Greece Cluster
International City
AED 273.8K
AED 553 /sqftAED 5,952 /sqmt
ReadyApartment
495 sqft46 sqmtStudioOwner22 Nov 2024
K-03, Greece Cluster
International City
AED 380K
AED 527 /sqftAED 5,673 /sqmt
ReadyApartment
721 sqft67 sqmt1 BedOwner14 Jun 2024
K-03, Greece Cluster
International City
AED 355K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment
732 sqft68 sqmt1 BedOwner23 Apr 2024
K-03, Greece Cluster
International City
AED 250K
AED 505 /sqftAED 5,436 /sqmt
ReadyApartment
495 sqft46 sqmtStudioOwner22 Jan 2024
K-03, Greece Cluster
International City
AED 430K
AED 464 /sqftAED 4,994 /sqmt
ReadyApartment
926 sqft86 sqmt1 BedDeveloper24 Nov 2023
K-03, Greece Cluster
International City
AED 346.5K
AED 374 /sqftAED 4,026 /sqmt
ReadyApartment
926 sqft86 sqmt1 BedOwner28 Sept 2023
K-03, Greece Cluster
International City
AED 200K
AED 404 /sqftAED 4,349 /sqmt
ReadyApartment
495 sqft46 sqmtStudioOwner30 Aug 2023
K-03, Greece Cluster
International City
AED 230K
AED 475 /sqftAED 5,113 /sqmt
ReadyApartment
484 sqft45 sqmtStudioOwner14 Jun 2023
K-03, Greece Cluster
International City
AED 225K
AED 455 /sqftAED 4,898 /sqmt
ReadyApartment
495 sqft46 sqmtStudioOwner23 May 2023

Recent registered rent contracts in K-03
LocationContract and unit	Annual rentAED a year	SpecsSize and bedrooms	Contract dateStart – End
K-03, Greece Cluster, International CityApartmentRenewal	AED 44,000	732 sqft68 sqmt1 Bed	5 Nov 2026to4 Nov 2027
K-03, Greece Cluster, International CityApartmentNew contract	AED 45,000	926 sqft86 sqmt1 Bed	2 Nov 2026to1 Nov 2027
K-03, Greece Cluster, International CityApartmentRenewal	AED 19,000	732 sqft68 sqmt1 Bed	20 Oct 2026to19 Apr 2027

K-03, Greece Cluster
International City
AED 44K/yr
ApartmentRenewal
732 sqft68 sqmt1 Bed5 Nov 2026to4 Nov 2027
K-03, Greece Cluster
International City
AED 45K/yr
ApartmentNew contract
926 sqft86 sqmt1 Bed2 Nov 2026to1 Nov 2027
K-03, Greece Cluster
International City
AED 19K/yr
ApartmentRenewal
732 sqft68 sqmt1 Bed20 Oct 2026to19 Apr 2027

Every sale in K-03 Every rent contract in K-03

Service charges in K-03

The 2018 service charge in K-03 is AED 7.21 per sq ft for homes, AED 7.18 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-03
Unit type	Rate per sq ft	Size	Yearly charge
1 Bed Apartment (2018)	AED 7.21	720 sqft66.9 sqmt – 930 sqft86.4 sqmt	AED 5,191 – AED 6,705
Retail (2018)	AED 7.18	370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt	AED 2,657 – AED 7,683
Studio Apartment (2018)	AED 7.21	480 sqft44.6 sqmt – 500 sqft46.5 sqmt	AED 3,461 – AED 3,605

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

Nearby amenities

Around K-03

Transportation near K-03

Stations planned on new lines nearby include International City 2 (blue line, 1.6 km, about 5 min drive) and International City 1 (blue line, 1.7 km, about 5 min drive).

International City 2Blue line · 1.6 km · about 5 min drive
International City 1Blue line · 1.7 km · about 5 min drive
Dragon MartBlue line · 2.5 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-03

The closest is Spinneys / International City, France Cluster, 0.9 km from K-03 (about 11 min walk).

Spinneys / International City, France ClusterSupermarket · 0.9 km · about 11 min walk
Lulu Express / France Cluster, International CitySupermarket · 1.1 km · about 13 min walk
Dragon MartShopping Mall · 2 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-03

The closest is The Osteopathic Health Centre, 7.6 km from K-03 (about 17 min drive).

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

Parks and leisure near K-03

The closest is Mushrif Park, 7.5 km from K-03 (about 17 min drive).

Mushrif ParkPark · 7.5 km · about 17 min drive

Schools near K-03

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
Primus Private School L.L.CIndian · KHDA: Good · 3.5 km
Repton SchoolUK/IB · KHDA: Outstanding · 3.5 km

Other buildings in Al Warsan First

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

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All 319 Al Warsan First buildings →

Things to consider about K-03

In its favour

Owners who resold have made money: a median gain of up to 10%.
A median gross yield of 11.3% 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-03: questions answered

K-03 was developed by Nakheel in Al Warsan First.

K-03 is completed in Q1 2012.

Across its 20 most recent registered sales, K-03 sold for a median of AED 546 per sq ft and AED 309.0K per unit.

Recent yearly contracts in K-03 have a median rent of AED 44.5K.

The median gross yield on recently sold units in K-03 is 11.3%: the rent the unit earned over its purchase price, before costs.

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

K-03 has Studio (480 to 500 sq ft), 1 Bed (720 to 930 sq ft), Commercial (370 to 1,070 sq ft).

International City 2 is about 1.6 km from K-03.

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).

All buildings in Al Warsan First →

Buying, selling or renting in K-03?

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

Get a free valuation

K-03, Al Warsan First

K-03 at a glance

About K-03

In a nutshell

Inside K-03

Properties in K-03

Studios in K-03

1-bedroom apartments in K-03

Commercial units in K-03

Sale trends in K-03

Rental trends in K-03

Recent transactions in K-03

Service charges in K-03

Around K-03

Transportation near K-03

Shopping and groceries near K-03

Hospitals and clinics near K-03

Parks and leisure near K-03

Schools near K-03

Other buildings in Al Warsan First

10-02

10-03

10-04

10-06

10-08

10-09

Things to consider about K-03

In its favour

Worth checking

K-03: questions answered

Who developed K-03?

When was K-03 completed?

What is the price per sq ft in K-03?

How much is the rent in K-03?

What rental yield does K-03 give?

What are the service charges in K-03?

What types of units are in K-03?

What is the nearest metro station to K-03?

Which schools are near K-03?

Buying, selling or renting in K-03?