ReadyReady building · Nakheel
K-16, Al Warsan First
Highlights
K-16 at a glance
About K-16
K-16 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 81 units: studios, 1-bedroom apartments, commercial units.
The building was completed in 2012 and has been in use for about 14 years. 1 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 532 per sq ft.
K-16 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 70 to 890 sq ft
- Service charge from AED 9.26 per sq ft
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 409.0K
- Median price per sq ft
- AED 532
- Median gross yield
- 10.0%
- Service charge
- AED 9.45 per sq ft (2018)
- Nearest metro
- International City 2, 1.4 km
Building details
Inside K-16
Properties in K-16
Studios in K-16
There are about 33 of these in K-16, from 460 to 670 sq ft. None has sold recently enough to quote a price.
1-bedroom apartments in K-16
There are about 27 of these in K-16, from 720 to 800 sq ft. They have recently sold for a median of AED 440.0K, or AED 600 per sq ft.
Commercial units in K-16
There are about 21 of these in K-16, from 70 to 890 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 33 | 460 sqft42.7 sqmt – 670 sqft62.2 sqmt | No recent sales | AED 42K |
| 1 Bed | 27 | 720 sqft66.9 sqmt – 800 sqft74.3 sqmt | AED 440K | AED 40K |
| Commercial | 21 | 70 sqft6.5 sqmt – 890 sqft82.7 sqmt | No recent sales | – |
Sale trends in K-16
Median sale price
AED 392.5K
Median per sq ft
AED 532
Median gross yield
10.0%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 170.5K to AED 470.0K (721 to 797 sq ft), across 18 sales
- Studios: AED 183.0K to AED 345.0K (463 to 484 sq ft), across 2 sales
Rental trends in K-16
1-bedroom homes in K-16 were let for AED 39.0K to AED 40.0K a year across 3 recent contracts, with a median of AED 40.0K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 39.0K to AED 40.0K a year (721 to 743 sq ft), across 3 contracts
- Studios: AED 42.0K a year (484 sq ft)
Recent transactions in K-16
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| K-16, Greece Cluster, International CityReadyApartment | AED 440,000AED 601 /sqftAED 6,469 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 403,000AED 506 /sqftAED 5,447 /sqmt | 797 sqft74 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 410,000AED 569 /sqftAED 6,125 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 385,000AED 518 /sqftAED 5,576 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 320,000AED 437 /sqftAED 4,704 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 320,000AED 444 /sqftAED 4,779 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 183,000AED 395 /sqftAED 4,252 /sqmt | 463 sqft43 sqmtStudio | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 380,000AED 490 /sqftAED 5,274 /sqmt | 775 sqft72 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 170,500AED 220 /sqftAED 2,368 /sqmt | 775 sqft72 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 275,500AED 376 /sqftAED 4,047 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 340,000AED 464 /sqftAED 4,994 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 360,000AED 485 /sqftAED 5,220 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 400,000AED 546 /sqftAED 5,877 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 452,000AED 617 /sqftAED 6,641 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 470,000AED 642 /sqftAED 6,910 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 470,000AED 642 /sqftAED 6,910 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 345,000AED 713 /sqftAED 7,675 /sqmt | 484 sqft45 sqmtStudio | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 450,000AED 615 /sqftAED 6,620 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 410,000AED 569 /sqftAED 6,125 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| K-16, Greece Cluster, International CityReadyApartment | AED 415,000AED 567 /sqftAED 6,103 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
K-16, Greece Cluster
International City
AED 440K
AED 601 /sqftAED 6,469 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner22 Oct 2026K-16, Greece Cluster
International City
AED 403K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment797 sqft74 sqmt1 BedOwner23 Jun 2025K-16, Greece Cluster
International City
AED 410K
AED 569 /sqftAED 6,125 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner23 Apr 2025K-16, Greece Cluster
International City
AED 385K
AED 518 /sqftAED 5,576 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner30 Apr 2024K-16, Greece Cluster
International City
AED 320K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner22 Feb 2024K-16, Greece Cluster
International City
AED 320K
AED 444 /sqftAED 4,779 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner10 Oct 2023K-16, Greece Cluster
International City
AED 183K
AED 395 /sqftAED 4,252 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner3 Jan 2021K-16, Greece Cluster
International City
AED 380K
AED 490 /sqftAED 5,274 /sqmt
ReadyApartment775 sqft72 sqmt1 BedOwner27 Aug 2019K-16, Greece Cluster
International City
AED 170.5K
AED 220 /sqftAED 2,368 /sqmt
ReadyApartment775 sqft72 sqmt1 BedOwner5 Aug 2019K-16, Greece Cluster
International City
AED 275.5K
AED 376 /sqftAED 4,047 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner16 Jun 2019K-16, Greece Cluster
International City
AED 340K
AED 464 /sqftAED 4,994 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner18 Oct 2018K-16, Greece Cluster
International City
AED 360K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner8 Aug 2018K-16, Greece Cluster
International City
AED 400K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner26 Feb 2017K-16, Greece Cluster
International City
AED 452K
AED 617 /sqftAED 6,641 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner26 Feb 2017K-16, Greece Cluster
International City
AED 470K
AED 642 /sqftAED 6,910 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner29 Jun 2016K-16, Greece Cluster
International City
AED 470K
AED 642 /sqftAED 6,910 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner25 May 2016K-16, Greece Cluster
International City
AED 345K
AED 713 /sqftAED 7,675 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 Feb 2016K-16, Greece Cluster
International City
AED 450K
AED 615 /sqftAED 6,620 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner20 Dec 2015K-16, Greece Cluster
International City
AED 410K
AED 569 /sqftAED 6,125 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner12 Jul 2015K-16, Greece Cluster
International City
AED 415K
AED 567 /sqftAED 6,103 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner5 Jul 2015
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| K-16, Greece Cluster, International CityApartmentRenewal | AED 42,000 | 484 sqft45 sqmtStudio | to |
| K-16, Greece Cluster, International CityApartmentNew contract | AED 39,000 | 721 sqft67 sqmt1 Bed | to |
| K-16, Greece Cluster, International CityApartmentNew contract | AED 40,000 | 743 sqft69 sqmt1 Bed | to |
| K-16, Greece Cluster, International CityApartmentNew contract | AED 40,000 | 743 sqft69 sqmt1 Bed | to |
K-16, Greece Cluster
International City
AED 42K/yr
ApartmentRenewal484 sqft45 sqmtStudiotoK-16, Greece Cluster
International City
AED 39K/yr
ApartmentNew contract721 sqft67 sqmt1 BedtoK-16, Greece Cluster
International City
AED 40K/yr
ApartmentNew contract743 sqft69 sqmt1 BedtoK-16, Greece Cluster
International City
AED 40K/yr
ApartmentNew contract743 sqft69 sqmt1 Bedto
Service charges in K-16
The 2018 service charge in K-16 is AED 9.45 per sq ft for homes, AED 9.26 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 9.45 | 720 sqft66.9 sqmt – 800 sqft74.3 sqmt | AED 6,804 – AED 7,560 |
| Retail (2018) | AED 9.26 | 70 sqft6.5 sqmt – 890 sqft82.7 sqmt | AED 648 – AED 8,241 |
| Studio Apartment (2018) | AED 9.45 | 460 sqft42.7 sqmt – 670 sqft62.2 sqmt | AED 4,347 – AED 6,332 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around K-16
Transportation near K-16
Stations planned on new lines nearby include International City 2 (blue line, 1.4 km, about 5 min drive) and International City 1 (blue line, 1.6 km, about 5 min drive).
- International City 2Blue line · 1.4 km · about 5 min drive
- International City 1Blue line · 1.6 km · about 5 min drive
- Dragon MartBlue line · 2.5 km · about 7 min drive
- Dubai Silicon OasisBlue line · 3.5 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-16
The closest is Spinneys / International City, France Cluster, 0.8 km from K-16 (about 10 min walk).
- Spinneys / International City, France ClusterSupermarket · 0.8 km · about 10 min walk
- Lulu Express / France Cluster, International CitySupermarket · 0.9 km · about 11 min walk
- Dragon MartShopping Mall · 2.2 km · about 6 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.4 km · about 13 min drive
- Century MallShopping Mall · 6.8 km · about 16 min drive
Restaurants and hotels near K-16
The closest is Abidos Hotel Apartments, 8 km from K-16 (about 18 min drive).
- Abidos Hotel ApartmentsHotel · 8 km · about 18 min drive
Hospitals and clinics near K-16
The closest is The Osteopathic Health Centre, 7.8 km from K-16 (about 18 min drive).
- The Osteopathic Health CentreHospital · 7.8 km · about 18 min drive
Parks and leisure near K-16
The closest is Mushrif Park, 7.8 km from K-16 (about 18 min drive).
- Mushrif ParkPark · 7.8 km · about 18 min drive
Schools near K-16
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 · 2.9 km
- Repton SchoolUK/IB · KHDA: Outstanding · 3.2 km
- International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.3 km
- GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.3 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.4 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare K-16 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about K-16
In its favour
- A median gross yield of 10.0% 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-16: questions answered
Buying, selling or renting in K-16?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.