ReadyReady building · Nakheel
L-12, Al Warsan First
Highlights
L-12 at a glance
About L-12
L-12 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. 6 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.
L-12 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 7.82 per sq ft
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 258.0K
- Median price per sq ft
- AED 475
- Median gross yield
- 11.5%
- Service charge
- AED 7.93 per sq ft (2018)
- Nearest metro
- International City 2, 1.3 km
Building details
Inside L-12
Properties in L-12
Studios in L-12
There are about 33 of these in L-12, from 460 to 670 sq ft. They have recently sold for a median of AED 300.0K, or AED 480 per sq ft.
1-bedroom apartments in L-12
There are about 27 of these in L-12, from 720 to 800 sq ft. They have recently sold for a median of AED 400.0K, or AED 550 per sq ft.
Commercial units in L-12
There are about 21 of these in L-12, 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 | AED 300K | AED 30K |
| 1 Bed | 27 | 720 sqft66.9 sqmt – 800 sqft74.3 sqmt | AED 400K | AED 40.8K |
| Commercial | 21 | 70 sqft6.5 sqmt – 890 sqft82.7 sqmt | No recent sales | – |
Sale trends in L-12
Median sale price
AED 302.5K
Median per sq ft
AED 475
Median gross yield
11.5%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 208.0K to AED 325.0K (463 to 667 sq ft), across 11 sales
- 1-bedroom apartments: AED 290.0K to AED 450.0K (721 to 743 sq ft), across 9 sales
Rental trends in L-12
1-bedroom homes in L-12 were let for AED 39.6K to AED 42.0K a year across 2 recent contracts, with a median of AED 40.8K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 39.6K to AED 42.0K a year (732 to 775 sq ft), across 2 contracts
- Studios: AED 30.0K a year (484 sq ft)
Recent transactions in L-12
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| L-12, Greece Cluster, International CityReadyApartment | AED 400,000AED 546 /sqftAED 5,877 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 300,000AED 648 /sqftAED 6,975 /sqmt | 463 sqft43 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 400,000AED 546 /sqftAED 5,877 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 317,132AED 475 /sqftAED 5,113 /sqmt | 667 sqft62 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 450,000AED 624 /sqftAED 6,717 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 230,000AED 475 /sqftAED 5,113 /sqmt | 484 sqft45 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 420,000AED 574 /sqftAED 6,178 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 340,000AED 464 /sqftAED 4,994 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 340,000AED 472 /sqftAED 5,081 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 208,000AED 430 /sqftAED 4,628 /sqmt | 484 sqft45 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 325,000AED 503 /sqftAED 5,414 /sqmt | 646 sqft60 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 225,000AED 465 /sqftAED 5,005 /sqmt | 484 sqft45 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 305,000AED 410 /sqftAED 4,413 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 250,000AED 517 /sqftAED 5,565 /sqmt | 484 sqft45 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 232,500AED 360 /sqftAED 3,875 /sqmt | 646 sqft60 sqmtStudio | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 310,000AED 430 /sqftAED 4,628 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 290,000AED 402 /sqftAED 4,327 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| L-12, Greece Cluster, International CityReadyApartment | AED 220,000AED 455 /sqftAED 4,898 /sqmt | 484 sqft45 sqmtStudio | Owner |
L-12, Greece Cluster
International City
AED 400K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner21 Oct 2026L-12, Greece Cluster
International City
AED 300K
AED 648 /sqftAED 6,975 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner27 Jul 2026L-12, Greece Cluster
International City
AED 400K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner10 Jul 2026L-12, Greece Cluster
International City
AED 317.1K
AED 475 /sqftAED 5,113 /sqmt
ReadyApartment667 sqft62 sqmtStudioOwner29 Jan 2026L-12, Greece Cluster
International City
AED 450K
AED 624 /sqftAED 6,717 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner26 Jan 2026L-12, Greece Cluster
International City
AED 230K
AED 475 /sqftAED 5,113 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 Nov 2025L-12, Greece Cluster
International City
AED 420K
AED 574 /sqftAED 6,178 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner26 Aug 2025L-12, Greece Cluster
International City
AED 340K
AED 464 /sqftAED 4,994 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner30 Jul 2025L-12, Greece Cluster
International City
AED 340K
AED 472 /sqftAED 5,081 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner26 Feb 2025L-12, Greece Cluster
International City
AED 208K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner3 Sept 2024L-12, Greece Cluster
International City
AED 325K
AED 503 /sqftAED 5,414 /sqmt
ReadyApartment646 sqft60 sqmtStudioOwner23 May 2024L-12, Greece Cluster
International City
AED 225K
AED 465 /sqftAED 5,005 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 Dec 2023L-12, Greece Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Dec 2023L-12, Greece Cluster
International City
AED 305K
AED 410 /sqftAED 4,413 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner11 Dec 2023L-12, Greece Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner16 Nov 2023L-12, Greece Cluster
International City
AED 250K
AED 517 /sqftAED 5,565 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner18 Aug 2023L-12, Greece Cluster
International City
AED 232.5K
AED 360 /sqftAED 3,875 /sqmt
ReadyApartment646 sqft60 sqmtStudioOwner6 Jun 2023L-12, Greece Cluster
International City
AED 310K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner9 May 2023L-12, Greece Cluster
International City
AED 290K
AED 402 /sqftAED 4,327 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner1 May 2023L-12, Greece Cluster
International City
AED 220K
AED 455 /sqftAED 4,898 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner21 Dec 2022
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| L-12, Greece Cluster, International CityApartmentNew contract | AED 42,000 | 732 sqft68 sqmt1 Bed | to |
| L-12, Greece Cluster, International CityApartmentNew contract | AED 30,000 | 484 sqft45 sqmtStudio | to |
| L-12, Greece Cluster, International CityApartmentRenewal | AED 39,600 | 775 sqft72 sqmt1 Bed | to |
L-12, Greece Cluster
International City
AED 42K/yr
ApartmentNew contract732 sqft68 sqmt1 BedtoL-12, Greece Cluster
International City
AED 30K/yr
ApartmentNew contract484 sqft45 sqmtStudiotoL-12, Greece Cluster
International City
AED 39.6K/yr
ApartmentRenewal775 sqft72 sqmt1 Bedto
Service charges in L-12
The 2018 service charge in L-12 is AED 7.93 per sq ft for homes, AED 7.82 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.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2018) | AED 7.93 | 720 sqft66.9 sqmt – 800 sqft74.3 sqmt | AED 5,710 – AED 6,344 |
| Retail (2018) | AED 7.82 | 70 sqft6.5 sqmt – 890 sqft82.7 sqmt | AED 547 – AED 6,960 |
| Studio Apartment (2018) | AED 7.93 | 460 sqft42.7 sqmt – 670 sqft62.2 sqmt | AED 3,648 – AED 5,313 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around L-12
Transportation near L-12
Stations planned on new lines nearby include International City 2 (blue line, 1.3 km, about 5 min drive) and International City 1 (blue line, 1.5 km, about 5 min drive).
- International City 2Blue line · 1.3 km · about 5 min drive
- International City 1Blue line · 1.5 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 · 4.3 km · about 11 min drive
Shopping and groceries near L-12
The closest is Spinneys / International City, France Cluster, 0.7 km from L-12 (about 8 min walk).
- Spinneys / International City, France ClusterSupermarket · 0.7 km · about 8 min walk
- Lulu Express / France Cluster, International CitySupermarket · 0.9 km · about 11 min walk
- Dragon MartShopping Mall · 2.3 km · about 7 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 L-12
The closest is Abidos Hotel Apartments, 7.9 km from L-12 (about 18 min drive).
- Abidos Hotel ApartmentsHotel · 7.9 km · about 18 min drive
Hospitals and clinics near L-12
The closest is The Osteopathic Health Centre, 7.8 km from L-12 (about 18 min drive).
- The Osteopathic Health CentreHospital · 7.8 km · about 18 min drive
Parks and leisure near L-12
The closest is Mushrif Park, 7.8 km from L-12 (about 18 min drive).
- Mushrif ParkPark · 7.8 km · about 18 min drive
Schools near L-12
The nearest is Kings School Nad Al Sheba L.L.C, 2.8 km away. Ratings are the KHDA's latest inspection grades.
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.8 km
- Newlands SchoolUK · KHDA: Good · 2.9 km
- Repton SchoolUK/IB · KHDA: Outstanding · 3.2 km
- International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.2 km
- GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.2 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 L-12 with:
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Ready
Ready
Ready
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Things to consider about L-12
In its favour
- A median gross yield of 11.5% 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
L-12: questions answered
Buying, selling or renting in L-12?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.