ReadyReady building · Nakheel
L08, Al Warsan First
Highlights
L08 at a glance
About L08
L08 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. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 626 per sq ft.
L08 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 8.75 per sq ft
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 260.0K
- Median price per sq ft
- AED 626
- Median gross yield
- 9.3%
- Service charge
- AED 8.96 per sq ft (2018)
- Nearest metro
- International City 2, 1.2 km
Building details
Inside L08
Properties in L08
Studios in L08
There are about 32 of these in L08, from 480 to 500 sq ft. None has sold recently enough to quote a price.
1-bedroom apartments in L08
There are about 28 of these in L08, from 720 to 930 sq ft. None has sold recently enough to quote a price.
Commercial units in L08
There are about 13 of these in L08, 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 | No recent sales | – |
| 1 Bed | 28 | 720 sqft66.9 sqmt – 930 sqft86.4 sqmt | No recent sales | – |
| Commercial | 13 | 370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt | No recent sales | – |
Sale trends in L08
Median sale price
AED 310K
Median per sq ft
AED 626
Median gross yield
9.3%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 310.0K to AED 310.0K (484 to 495 sq ft), across 19 sales
- 1-bedroom apartments: one sale at AED 410.0K (732 sq ft)
Recent transactions in L08
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 410,000AED 560 /sqftAED 6,028 /sqmt | 732 sqft68 sqmt1 Bed | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 626 /sqftAED 6,738 /sqmt | 495 sqft46 sqmtStudio | Developer |
| L-08, Greece Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Developer |
L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper23 Dec 2013L-08, Greece Cluster
International City
AED 410K
AED 560 /sqftAED 6,028 /sqmt
ReadyApartment732 sqft68 sqmt1 BedDeveloper23 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment495 sqft46 sqmtStudioDeveloper22 Dec 2013L-08, Greece Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper22 Dec 2013
Service charges in L08
The 2018 service charge in L08 is AED 8.96 per sq ft for homes, AED 8.75 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 8.96 | 720 sqft66.9 sqmt – 930 sqft86.4 sqmt | AED 6,451 – AED 8,333 |
| Retail (2018) | AED 8.75 | 370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt | AED 3,238 – AED 9,363 |
| Studio Apartment (2018) | AED 8.96 | 480 sqft44.6 sqmt – 500 sqft46.5 sqmt | AED 4,301 – AED 4,480 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around L08
Transportation near L08
Stations planned on new lines nearby include International City 2 (blue line, 1.2 km, about 14 min walk) and International City 1 (blue line, 1.4 km, about 5 min drive).
- International City 2Blue line · 1.2 km · about 14 min walk
- 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 · 3.4 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 L08
The closest is Spinneys / International City, France Cluster, 0.5 km from L08 (about 6 min walk).
- Spinneys / International City, France ClusterSupermarket · 0.5 km · about 6 min walk
- Lulu Express / France Cluster, International CitySupermarket · 0.7 km · about 8 min walk
- Dragon MartShopping Mall · 2.3 km · about 7 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.3 km · about 13 min drive
- Mirdif City CentreShopping Mall · 6.7 km · about 15 min drive
Restaurants and hotels near L08
The closest is Abidos Hotel Apartments, 7.9 km from L08 (about 18 min drive).
- Abidos Hotel ApartmentsHotel · 7.9 km · about 18 min drive
Hospitals and clinics near L08
The closest is The Osteopathic Health Centre, 7.8 km from L08 (about 18 min drive).
- The Osteopathic Health CentreHospital · 7.8 km · about 18 min drive
Parks and leisure near L08
The closest is Mushrif Park, 7.8 km from L08 (about 18 min drive).
- Mushrif ParkPark · 7.8 km · about 18 min drive
Schools near L08
The nearest is Kings School Nad Al Sheba L.L.C, 2.7 km away. Ratings are the KHDA's latest inspection grades.
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.7 km
- Newlands SchoolUK · KHDA: Good · 2.8 km
- Repton SchoolUK/IB · KHDA: Outstanding · 3 km
- International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3 km
- GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.1 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 L08 with:
Ready
Ready
Ready
Ready
Ready
Ready
Things to consider about L08
In its favour
- A median gross yield of 9.3% 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
L08: questions answered
Buying, selling or renting in L08?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.