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Ready building · Nakheel

L05, Al Warsan First

Highlights

L05 at a glance

About L05

L05 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. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 511 per sq ft.

L05 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 9.6 per sq ft
Status
Ready
Developer
Nakheel
Location
Al Warsan First, Dubai
Completed
Q1 2012
Unit types
Studio, 1 Bed, Commercial
Prices from
AED 270.0K
Median price per sq ft
AED 511
Median gross yield
11.2%
Service charge
AED 9.81 per sq ft (2018)
Nearest metro
International City 2, 1.3 km

Building details

Inside L05

Properties in L05

Studios in L05

There are about 24 of these in L05, from 460 to 480 sq ft. They have recently sold for a median of AED 338.0K, or AED 700 per sq ft. Owners who resold made a median 7% over what they paid.

1-bedroom apartments in L05

There are about 20 of these in L05, from 720 to 900 sq ft. They have recently sold for a median of AED 450.0K, or AED 510 per sq ft.

Commercial units in L05

There are about 8 of these in L05, from 370 to 950 sq ft. None has sold recently enough to quote a price.

Unit types in L05 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio24460 sqft42.7 sqmt – 480 sqft44.6 sqmtAED 338KAED 30K
1 Bed20720 sqft66.9 sqmt – 900 sqft83.6 sqmtAED 450KAED 39K
Commercial8370 sqft34.4 sqmt – 950 sqft88.3 sqmtNo recent sales–

Recent transactions in L05

  • L-05, Greece Cluster

    International City

    AED 460K

    AED 509 /sqftAED 5,479 /sqmt

    ReadyApartment
    904 sqft84 sqmt1 BedOwner14 Oct 2026

  • L-05, Greece Cluster

    International City

    AED 410K

    AED 569 /sqftAED 6,125 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner29 Sept 2026

  • L-05, Greece Cluster

    International City

    AED 330K

    AED 682 /sqftAED 7,341 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner14 Aug 2026

  • L-05, Greece Cluster

    International City

    AED 450K

    AED 498 /sqftAED 5,360 /sqmt

    ReadyApartment
    904 sqft84 sqmt1 BedOwner13 Feb 2026

  • L-05, Greece Cluster

    International City

    AED 345K

    AED 713 /sqftAED 7,675 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner13 Jan 2026

  • L-05, Greece Cluster

    International City

    AED 470K

    AED 652 /sqftAED 7,018 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner10 Oct 2025

  • L-05, Greece Cluster

    International City

    AED 320K

    AED 691 /sqftAED 7,438 /sqmt

    ReadyApartment
    463 sqft43 sqmtStudioOwner26 Aug 2025

  • L-05, Greece Cluster

    International City

    AED 312.5K

    AED 646 /sqftAED 6,953 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner25 Feb 2025

  • L-05, Greece Cluster

    International City

    AED 395K

    AED 548 /sqftAED 5,899 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner27 Sept 2024

  • L-05, Greece Cluster

    International City

    AED 290K

    AED 626 /sqftAED 6,738 /sqmt

    ReadyApartment
    463 sqft43 sqmtStudioOwner12 Sept 2024

  • L-05, Greece Cluster

    International City

    AED 232K

    AED 479 /sqftAED 5,156 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner9 Jul 2024

  • L-05, Greece Cluster

    International City

    AED 275K

    AED 568 /sqftAED 6,114 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner5 Jun 2024

  • L-05, Greece Cluster

    International City

    AED 328.2K

    AED 363 /sqftAED 3,907 /sqmt

    ReadyApartment
    904 sqft84 sqmt1 BedOwner20 Sept 2023

  • L-05, Greece Cluster

    International City

    AED 248K

    AED 512 /sqftAED 5,511 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner9 Sept 2023

  • L-05, Greece Cluster

    International City

    AED 218.9K

    AED 452 /sqftAED 4,865 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner18 Jul 2023

  • L-05, Greece Cluster

    International City

    AED 315K

    AED 437 /sqftAED 4,704 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner14 Feb 2023

  • L-05, Greece Cluster

    International City

    AED 310K

    AED 430 /sqftAED 4,628 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner3 Feb 2023

  • L-05, Greece Cluster

    International City

    AED 210K

    AED 434 /sqftAED 4,672 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner11 Aug 2022

  • L-05, Greece Cluster

    International City

    AED 215K

    AED 444 /sqftAED 4,779 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner17 Feb 2021

  • L-05, Greece Cluster

    International City

    AED 260K

    AED 361 /sqftAED 3,886 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner27 Jan 2021

  • L-05, Greece Cluster

    International City

    AED 39K/yr

    ApartmentNew contract
    721 sqft67 sqmt1 Bedto

  • L-05, Greece Cluster

    International City

    AED 30K/yr

    ApartmentNew contract
    463 sqft43 sqmtStudioto

Every sale in L05Every rent contract in L05

Service charges in L05

The 2018 service charge in L05 is AED 9.81 per sq ft for homes, AED 9.6 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 L05
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 9.81720 sqft66.9 sqmt – 900 sqft83.6 sqmtAED 7,063 – AED 8,829
Retail (2018)AED 9.6370 sqft34.4 sqmt – 950 sqft88.3 sqmtAED 3,552 – AED 9,120
Studio Apartment (2018)AED 9.81460 sqft42.7 sqmt – 480 sqft44.6 sqmtAED 4,513 – AED 4,709

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

Nearby amenities

Around L05

Transportation near L05

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, 1.4 km, about 5 min drive).

  • International City 2Blue line · 1.3 km · about 5 min drive
  • International City 1Blue line · 1.4 km · about 5 min drive
  • Dragon MartBlue line · 2.4 km · about 7 min drive
  • Dubai Silicon OasisBlue line · 3.5 km · about 9 min drive
  • Al WarqaBlue line · 3.8 km · about 10 min drive
  • Academic CityBlue line · 4.4 km · about 11 min drive

Shopping and groceries near L05

The closest is Spinneys / International City, France Cluster, 0.6 km from L05 (about 7 min walk).

  • Spinneys / International City, France ClusterSupermarket · 0.6 km · about 7 min walk
  • Lulu Express / France Cluster, International CitySupermarket · 0.8 km · about 10 min walk
  • Dragon MartShopping Mall · 2.3 km · about 7 min drive
  • Spinneys / Dubai Silicon OasisSupermarket · 5.4 km · about 13 min drive
  • Mirdif City CentreShopping Mall · 6.7 km · about 15 min drive

Restaurants and hotels near L05

The closest is Abidos Hotel Apartments, 8 km from L05 (about 18 min drive).

  • Abidos Hotel ApartmentsHotel · 8 km · about 18 min drive

Hospitals and clinics near L05

The closest is The Osteopathic Health Centre, 7.8 km from L05 (about 18 min drive).

  • The Osteopathic Health CentreHospital · 7.8 km · about 18 min drive

Parks and leisure near L05

The closest is Mushrif Park, 7.8 km from L05 (about 18 min drive).

  • Mushrif ParkPark · 7.8 km · about 18 min drive

Schools near L05

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 · 2.8 km
  • Repton SchoolUK/IB · KHDA: Outstanding · 3.1 km
  • International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.1 km
  • GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.2 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.3 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare L05 with:

  • 10-02, Al Warsan FirstReady

    10-02

    Al Warsan First · Nakheel

    Completed 2012

  • 10-03, Al Warsan FirstReady

    10-03

    Al Warsan First · Nakheel

    Completed 2012

  • 10-04, Al Warsan FirstReady

    10-04

    Al Warsan First · Nakheel

    Completed 2012

  • 10-06, Al Warsan FirstReady

    10-06

    Al Warsan First · Nakheel

    Completed 2012

  • 10-08, Al Warsan FirstReady

    10-08

    Al Warsan First · Nakheel

    Completed 2012

  • 10-09, Al Warsan FirstReady

    10-09

    Al Warsan First · Nakheel

    Completed 2012

All 319 Al Warsan First buildings →

Things to consider about L05

In its favour

  • Owners who resold have made money: a median gain of up to 7%.
  • A median gross yield of 11.2% 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

L05: questions answered

L05 was developed by Nakheel in Al Warsan First.

L05 is completed in Q1 2012.

Across its 20 most recent registered sales, L05 sold for a median of AED 511 per sq ft and AED 313.8K per unit.

Recent yearly contracts in L05 have a median rent of AED 34.5K.

The median gross yield on recently sold units in L05 is 11.2%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in L05 is AED 9.81 per sq ft a year, as registered with the Dubai Land Department.

L05 has Studio (460 to 480 sq ft), 1 Bed (720 to 900 sq ft), Commercial (370 to 950 sq ft).

International City 2 is about 1.3 km from L05.

The nearest schools include Newlands School (2.8 km), Kings School Nad Al Sheba L.L.C (2.8 km), Repton School (3.1 km).

Buying, selling or renting in L05?

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

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