ReadyReady building · Nakheel
K-04, Al Warsan First
Highlights
K-04 at a glance
About K-04
K-04 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. 4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 475 per sq ft.
K-04 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 7.36 per sq ft
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 258.0K
- Median price per sq ft
- AED 475
- Median gross yield
- 11.9%
- Service charge
- AED 7.39 per sq ft (2018)
- Nearest metro
- International City 2, 1.6 km
Building details
Inside K-04
Properties in K-04
Studios in K-04
There are about 32 of these in K-04, from 480 to 500 sq ft. They have recently sold for a median of AED 275.0K, or AED 560 per sq ft.
1-bedroom apartments in K-04
There are about 28 of these in K-04, from 720 to 930 sq ft. They have recently sold for a median of AED 350.0K, or AED 540 per sq ft.
Commercial units in K-04
There are about 13 of these in K-04, from 370 to 1,070 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 32 | 480 sqft44.6 sqmt – 500 sqft46.5 sqmt | AED 275K | AED 27.5K |
| 1 Bed | 28 | 720 sqft66.9 sqmt – 930 sqft86.4 sqmt | AED 350K | AED 40K |
| Commercial | 13 | 370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt | No recent sales | – |
Sale trends in K-04
Median sale price
AED 308.6K
Median per sq ft
AED 475
Median gross yield
11.9%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 200.0K to AED 340.0K (484 to 495 sq ft), across 11 sales
- 1-bedroom apartments: AED 200.0K to AED 500.0K (732 to 926 sq ft), across 9 sales
Rental trends in K-04
A recent 1-bedroom contract in K-04 was let for AED 40.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 40.0K a year (732 sq ft)
- Studios: AED 27.5K a year (495 sq ft)
Recent transactions in K-04
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| K-04, Greece Cluster, International CityReadyApartment | AED 300,000AED 606 /sqftAED 6,523 /sqmt | 495 sqft46 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 500,000AED 540 /sqftAED 5,813 /sqmt | 926 sqft86 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 250,000AED 517 /sqftAED 5,565 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 200,000AED 546 /sqftAED 5,877 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 340,000AED 687 /sqftAED 7,395 /sqmt | 495 sqft46 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 307,140AED 635 /sqftAED 6,835 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 434,000AED 469 /sqftAED 5,048 /sqmt | 926 sqft86 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 345,000AED 471 /sqftAED 5,070 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 242,500AED 501 /sqftAED 5,393 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 362,000AED 391 /sqftAED 4,209 /sqmt | 926 sqft86 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 230,000AED 475 /sqftAED 5,113 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 240,000AED 485 /sqftAED 5,220 /sqmt | 495 sqft46 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 330,000AED 451 /sqftAED 4,855 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 335,000AED 458 /sqftAED 4,930 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 235,000AED 475 /sqftAED 5,113 /sqmt | 495 sqft46 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 200,000AED 404 /sqftAED 4,349 /sqmt | 495 sqft46 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 230,000AED 465 /sqftAED 5,005 /sqmt | 495 sqft46 sqmtStudio | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 400,000AED 432 /sqftAED 4,650 /sqmt | 926 sqft86 sqmt1 Bed | Owner |
| K-04, Greece Cluster, International CityReadyApartment | AED 320,000AED 437 /sqftAED 4,704 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
K-04, Greece Cluster
International City
AED 300K
AED 606 /sqftAED 6,523 /sqmt
ReadyApartment495 sqft46 sqmtStudioOwner19 Jul 2026K-04, Greece Cluster
International City
AED 500K
AED 540 /sqftAED 5,813 /sqmt
ReadyApartment926 sqft86 sqmt1 BedOwner9 Mar 2026K-04, Greece Cluster
International City
AED 250K
AED 517 /sqftAED 5,565 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Feb 2026K-04, Greece Cluster
International City
AED 200K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner11 Nov 2025K-04, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 May 2025K-04, Greece Cluster
International City
AED 340K
AED 687 /sqftAED 7,395 /sqmt
ReadyApartment495 sqft46 sqmtStudioOwner27 Mar 2025K-04, Greece Cluster
International City
AED 307.1K
AED 635 /sqftAED 6,835 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner26 Feb 2025K-04, Greece Cluster
International City
AED 434K
AED 469 /sqftAED 5,048 /sqmt
ReadyApartment926 sqft86 sqmt1 BedOwner14 Oct 2024K-04, Greece Cluster
International City
AED 345K
AED 471 /sqftAED 5,070 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner1 Apr 2024K-04, Greece Cluster
International City
AED 242.5K
AED 501 /sqftAED 5,393 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner8 Jan 2024K-04, Greece Cluster
International City
AED 362K
AED 391 /sqftAED 4,209 /sqmt
ReadyApartment926 sqft86 sqmt1 BedOwner7 Dec 2023K-04, Greece Cluster
International City
AED 230K
AED 475 /sqftAED 5,113 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Oct 2023K-04, Greece Cluster
International City
AED 240K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment495 sqft46 sqmtStudioOwner5 Oct 2023K-04, Greece Cluster
International City
AED 330K
AED 451 /sqftAED 4,855 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner28 Aug 2023K-04, Greece Cluster
International City
AED 335K
AED 458 /sqftAED 4,930 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner21 Aug 2023K-04, Greece Cluster
International City
AED 235K
AED 475 /sqftAED 5,113 /sqmt
ReadyApartment495 sqft46 sqmtStudioOwner7 Jul 2023K-04, Greece Cluster
International City
AED 200K
AED 404 /sqftAED 4,349 /sqmt
ReadyApartment495 sqft46 sqmtStudioOwner22 Jun 2023K-04, Greece Cluster
International City
AED 230K
AED 465 /sqftAED 5,005 /sqmt
ReadyApartment495 sqft46 sqmtStudioOwner19 Jun 2023K-04, Greece Cluster
International City
AED 400K
AED 432 /sqftAED 4,650 /sqmt
ReadyApartment926 sqft86 sqmt1 BedOwner1 May 2023K-04, Greece Cluster
International City
AED 320K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner22 Feb 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| K-04, Greece Cluster, International CityApartmentNew contract | AED 27,500 | 495 sqft46 sqmtStudio | to |
| K-04, Greece Cluster, International CityApartmentNew contract | AED 40,000 | 732 sqft68 sqmt1 Bed | to |
K-04, Greece Cluster
International City
AED 27.5K/yr
ApartmentNew contract495 sqft46 sqmtStudiotoK-04, Greece Cluster
International City
AED 40K/yr
ApartmentNew contract732 sqft68 sqmt1 Bedto
Service charges in K-04
The 2018 service charge in K-04 is AED 7.39 per sq ft for homes, AED 7.36 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 7.39 | 720 sqft66.9 sqmt – 930 sqft86.4 sqmt | AED 5,321 – AED 6,873 |
| Retail (2018) | AED 7.36 | 370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt | AED 2,723 – AED 7,875 |
| Studio Apartment (2018) | AED 7.39 | 480 sqft44.6 sqmt – 500 sqft46.5 sqmt | AED 3,547 – AED 3,695 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around K-04
Transportation near K-04
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-04
The closest is Spinneys / International City, France Cluster, 0.9 km from K-04 (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 · 2.1 km · about 6 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.6 km · about 13 min drive
- Century MallShopping Mall · 6.7 km · about 15 min drive
Hospitals and clinics near K-04
The closest is The Osteopathic Health Centre, 7.7 km from K-04 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.7 km · about 17 min drive
Parks and leisure near K-04
The closest is Mushrif Park, 7.6 km from K-04 (about 17 min drive).
- Mushrif ParkPark · 7.6 km · about 17 min drive
Schools near K-04
The nearest is Newlands School, 2.9 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 2.9 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-04 with:
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Ready
Ready
Ready
Ready
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Things to consider about K-04
In its favour
- A median gross yield of 11.9% 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-04: questions answered
Buying, selling or renting in K-04?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.