ReadyReady building · Nakheel
K-05, Al Warsan First
Highlights
K-05 at a glance
About K-05
K-05 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. 9 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 552 per sq ft.
K-05 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 9.73 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 552
- Median gross yield
- 10.5%
- Service charge
- AED 9.93 per sq ft (2018)
- Nearest metro
- International City 2, 1.6 km
Building details
Inside K-05
Properties in K-05
Studios in K-05
There are about 24 of these in K-05, from 460 to 480 sq ft. They have recently sold for a median of AED 300.0K, or AED 630 per sq ft.
1-bedroom apartments in K-05
There are about 20 of these in K-05, from 720 to 900 sq ft. They have recently sold for a median of AED 440.0K, or AED 550 per sq ft. Owners who resold made a median 5% over what they paid.
Commercial units in K-05
There are about 8 of these in K-05, 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 300K | – |
| 1 Bed | 20 | 720 sqft66.9 sqmt – 900 sqft83.6 sqmt | AED 440K | AED 42K |
| Commercial | 8 | 370 sqft34.4 sqmt – 950 sqft88.3 sqmt | No recent sales | – |
Sale trends in K-05
Median sale price
AED 315K
Median per sq ft
AED 552
Median gross yield
10.5%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 290.0K to AED 475.0K (721 to 904 sq ft), across 10 sales
- Studios: AED 235.0K to AED 320.0K (463 to 484 sq ft), across 10 sales
Rental trends in K-05
1-bedroom homes in K-05 were let for AED 41.0K to AED 80.0K a year across 3 recent contracts, with a median of AED 42.0K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 41.0K to AED 80.0K a year (721 to 904 sq ft), across 3 contracts
Recent transactions in K-05
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| K-05, Greece Cluster, International CityReadyApartment | AED 475,000AED 525 /sqftAED 5,651 /sqmt | 904 sqft84 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 300,000AED 648 /sqftAED 6,975 /sqmt | 463 sqft43 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 400,000AED 555 /sqftAED 5,974 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 440,000AED 610 /sqftAED 6,566 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 260,000AED 537 /sqftAED 5,780 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 320,000AED 661 /sqftAED 7,115 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 400,000AED 555 /sqftAED 5,974 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 400,000AED 555 /sqftAED 5,974 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 307,140AED 635 /sqftAED 6,835 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 385,000AED 534 /sqftAED 5,748 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 380,000AED 527 /sqftAED 5,673 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 350,000AED 485 /sqftAED 5,220 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 265,000AED 548 /sqftAED 5,899 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 290,000AED 402 /sqftAED 4,327 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 235,000AED 486 /sqftAED 5,231 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 325,000AED 451 /sqftAED 4,855 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-05, Greece Cluster, International CityReadyApartment | AED 235,000AED 486 /sqftAED 5,231 /sqmt | 484 sqft45 sqmtStudio | Owner |
K-05, Greece Cluster
International City
AED 475K
AED 525 /sqftAED 5,651 /sqmt
ReadyApartment904 sqft84 sqmt1 BedOwner15 Oct 2026K-05, Greece Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 Jul 2026K-05, Greece Cluster
International City
AED 300K
AED 648 /sqftAED 6,975 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner23 Jun 2026K-05, Greece Cluster
International City
AED 400K
AED 555 /sqftAED 5,974 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner16 Jun 2026K-05, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 Apr 2026K-05, Greece Cluster
International City
AED 440K
AED 610 /sqftAED 6,566 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner11 Mar 2026K-05, Greece Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner2 Mar 2026K-05, Greece Cluster
International City
AED 260K
AED 537 /sqftAED 5,780 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner9 Feb 2026K-05, Greece Cluster
International City
AED 320K
AED 661 /sqftAED 7,115 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner28 Jan 2026K-05, Greece Cluster
International City
AED 400K
AED 555 /sqftAED 5,974 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner11 Mar 2025K-05, Greece Cluster
International City
AED 400K
AED 555 /sqftAED 5,974 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner3 Mar 2025K-05, Greece Cluster
International City
AED 307.1K
AED 635 /sqftAED 6,835 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner17 Feb 2025K-05, Greece Cluster
International City
AED 385K
AED 534 /sqftAED 5,748 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner3 Oct 2024K-05, Greece Cluster
International City
AED 380K
AED 527 /sqftAED 5,673 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner13 Aug 2024K-05, Greece Cluster
International City
AED 350K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner22 Jul 2024K-05, Greece Cluster
International City
AED 265K
AED 548 /sqftAED 5,899 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner1 Mar 2024K-05, Greece Cluster
International City
AED 290K
AED 402 /sqftAED 4,327 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner23 Jan 2024K-05, Greece Cluster
International City
AED 235K
AED 486 /sqftAED 5,231 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner4 Oct 2023K-05, Greece Cluster
International City
AED 325K
AED 451 /sqftAED 4,855 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner3 Oct 2023K-05, Greece Cluster
International City
AED 235K
AED 486 /sqftAED 5,231 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 Sept 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| K-05, Greece Cluster, International CityApartmentNew contract | AED 41,000 | 721 sqft67 sqmt1 Bed | to |
| K-05, Greece Cluster, International CityApartmentNew contract | AED 42,000 | 721 sqft67 sqmt1 Bed | to |
| K-05, Greece Cluster, International CityApartmentNew contract | AED 80,000 | 904 sqft84 sqmt1 Bed | to |
K-05, Greece Cluster
International City
AED 41K/yr
ApartmentNew contract721 sqft67 sqmt1 BedtoK-05, Greece Cluster
International City
AED 42K/yr
ApartmentNew contract721 sqft67 sqmt1 BedtoK-05, Greece Cluster
International City
AED 80K/yr
ApartmentNew contract904 sqft84 sqmt1 Bedto
Service charges in K-05
The 2018 service charge in K-05 is AED 9.93 per sq ft for homes, AED 9.73 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 9.93 | 720 sqft66.9 sqmt – 900 sqft83.6 sqmt | AED 7,150 – AED 8,937 |
| Retail (2018) | AED 9.73 | 370 sqft34.4 sqmt – 950 sqft88.3 sqmt | AED 3,600 – AED 9,244 |
| Studio Apartment (2018) | AED 9.93 | 460 sqft42.7 sqmt – 480 sqft44.6 sqmt | AED 4,568 – AED 4,766 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around K-05
Transportation near K-05
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 · 3.9 km · about 10 min drive
- Academic CityBlue line · 4.4 km · about 11 min drive
Shopping and groceries near K-05
The closest is Spinneys / International City, France Cluster, 0.9 km from K-05 (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-05
The closest is The Osteopathic Health Centre, 7.7 km from K-05 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.7 km · about 17 min drive
Parks and leisure near K-05
The closest is Mushrif Park, 7.6 km from K-05 (about 17 min drive).
- Mushrif ParkPark · 7.6 km · about 17 min drive
Schools near K-05
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 · 3.4 km
- Repton SchoolUK/IB · KHDA: Outstanding · 3.4 km
- International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.4 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.5 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare K-05 with:
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Things to consider about K-05
In its favour
- Owners who resold have made money: a median gain of up to 5%.
- 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.
FAQs
K-05: questions answered
Buying, selling or renting in K-05?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.