ReadyReady building · Nakheel
M-05, Al Warsan First
Highlights
M-05 at a glance
About M-05
M-05 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. 3 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 496 per sq ft.
M-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 70 to 890 sq ft
- Service charge from AED 8.43 per sq ft
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 255.0K
- Median price per sq ft
- AED 496
- Median gross yield
- 11.3%
- Service charge
- AED 8.65 per sq ft (2018)
- Nearest metro
- International City 1, 1.5 km
Building details
Inside M-05
Properties in M-05
Studios in M-05
There are about 33 of these in M-05, from 470 to 650 sq ft. They have recently sold for a median of AED 323.0K, or AED 680 per sq ft. Owners who resold made a median 2% over what they paid.
1-bedroom apartments in M-05
There are about 27 of these in M-05, from 730 to 780 sq ft. They have recently sold for a median of AED 430.0K, or AED 590 per sq ft.
Commercial units in M-05
There are about 21 of these in M-05, from 70 to 890 sq ft. They have recently sold for a median of AED 455.0K, or AED 730 per sq ft.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 33 | 470 sqft43.7 sqmt – 650 sqft60.4 sqmt | AED 323K | AED 33.6K |
| 1 Bed | 27 | 730 sqft67.8 sqmt – 780 sqft72.5 sqmt | AED 430K | AED 37.5K |
| Commercial | 21 | 70 sqft6.5 sqmt – 890 sqft82.7 sqmt | AED 455K | – |
Sale trends in M-05
Median sale price
AED 310K
Median per sq ft
AED 496
Median gross yield
11.3%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 200.0K to AED 535.0K (474 sq ft), across 11 sales
- 1-bedroom apartments: AED 284.0K to AED 430.0K (732 to 775 sq ft), across 9 sales
Rental trends in M-05
1-bedroom homes in M-05 were let for AED 35.0K to AED 40.0K a year across 2 recent contracts, with a median of AED 37.5K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 35.0K to AED 40.0K a year (732 to 775 sq ft), across 2 contracts
- Studios: AED 33.6K a year (474 sq ft)
Recent transactions in M-05
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| M-05, Persia Cluster, International CityReadyApartment | AED 430,000AED 587 /sqftAED 6,318 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 323,000AED 681 /sqftAED 7,330 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 325,000AED 686 /sqftAED 7,384 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 310,000AED 654 /sqftAED 7,040 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 275,000AED 580 /sqftAED 6,243 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 370,000AED 505 /sqftAED 5,436 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 275,000AED 580 /sqftAED 6,243 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 355,500AED 486 /sqftAED 5,231 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 245,000AED 517 /sqftAED 5,565 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 354,000AED 484 /sqftAED 5,210 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 240,000AED 506 /sqftAED 5,447 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 535,000AED 1,129 /sqftAED 12,152 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 310,000AED 423 /sqftAED 4,553 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 225,000AED 475 /sqftAED 5,113 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 215,000AED 454 /sqftAED 4,887 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 315,000AED 430 /sqftAED 4,628 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 350,000AED 478 /sqftAED 5,145 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 284,000AED 366 /sqftAED 3,940 /sqmt | 775 sqft72 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 300,000AED 410 /sqftAED 4,413 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| M-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 422 /sqftAED 4,542 /sqmt | 474 sqft44 sqmtStudio | Owner |
M-05, Persia Cluster
International City
AED 430K
AED 587 /sqftAED 6,318 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner24 Aug 2026M-05, Persia Cluster
International City
AED 323K
AED 681 /sqftAED 7,330 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner6 Jan 2026M-05, Persia Cluster
International City
AED 325K
AED 686 /sqftAED 7,384 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner8 Oct 2025M-05, Persia Cluster
International City
AED 310K
AED 654 /sqftAED 7,040 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner7 Jul 2025M-05, Persia Cluster
International City
AED 275K
AED 580 /sqftAED 6,243 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner31 Oct 2024M-05, Persia Cluster
International City
AED 370K
AED 505 /sqftAED 5,436 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner25 Oct 2024M-05, Persia Cluster
International City
AED 275K
AED 580 /sqftAED 6,243 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner1 Jul 2024M-05, Persia Cluster
International City
AED 355.5K
AED 486 /sqftAED 5,231 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner8 May 2024M-05, Persia Cluster
International City
AED 245K
AED 517 /sqftAED 5,565 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner1 Apr 2024M-05, Persia Cluster
International City
AED 354K
AED 484 /sqftAED 5,210 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner26 Feb 2024M-05, Persia Cluster
International City
AED 240K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner27 Nov 2023M-05, Persia Cluster
International City
AED 535K
AED 1,129 /sqftAED 12,152 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner9 Sept 2023M-05, Persia Cluster
International City
AED 310K
AED 423 /sqftAED 4,553 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner15 Aug 2023M-05, Persia Cluster
International City
AED 225K
AED 475 /sqftAED 5,113 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner5 Jun 2023M-05, Persia Cluster
International City
AED 215K
AED 454 /sqftAED 4,887 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner17 May 2023M-05, Persia Cluster
International City
AED 315K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner17 May 2023M-05, Persia Cluster
International City
AED 350K
AED 478 /sqftAED 5,145 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner20 Jan 2023M-05, Persia Cluster
International City
AED 284K
AED 366 /sqftAED 3,940 /sqmt
ReadyApartment775 sqft72 sqmt1 BedOwner14 Oct 2022M-05, Persia Cluster
International City
AED 300K
AED 410 /sqftAED 4,413 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner19 Sept 2022M-05, Persia Cluster
International City
AED 200K
AED 422 /sqftAED 4,542 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner1 Jul 2022
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| M-05, Persia Cluster, International CityApartmentRenewal | AED 35,000 | 732 sqft68 sqmt1 Bed | to |
| M-05, Persia Cluster, International CityApartmentRenewal | AED 40,000 | 775 sqft72 sqmt1 Bed | to |
| M-05, Persia Cluster, International CityApartmentRenewal | AED 33,600 | 474 sqft44 sqmtStudio | to |
M-05, Persia Cluster
International City
AED 35K/yr
ApartmentRenewal732 sqft68 sqmt1 BedtoM-05, Persia Cluster
International City
AED 40K/yr
ApartmentRenewal775 sqft72 sqmt1 BedtoM-05, Persia Cluster
International City
AED 33.6K/yr
ApartmentRenewal474 sqft44 sqmtStudioto
Service charges in M-05
The 2018 service charge in M-05 is AED 8.65 per sq ft for homes, AED 8.43 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 8.65 | 730 sqft67.8 sqmt – 780 sqft72.5 sqmt | AED 6,315 – AED 6,747 |
| Retail (2018) | AED 8.43 | 70 sqft6.5 sqmt – 890 sqft82.7 sqmt | AED 590 – AED 7,503 |
| Studio Apartment (2018) | AED 8.65 | 470 sqft43.7 sqmt – 650 sqft60.4 sqmt | AED 4,066 – AED 5,623 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around M-05
Transportation near M-05
Stations planned on new lines nearby include International City 1 (blue line, 1.5 km, about 5 min drive) and International City 2 (blue line, 1.7 km, about 5 min drive).
- International City 1Blue line · 1.5 km · about 5 min drive
- International City 2Blue line · 1.7 km · about 5 min drive
- Dragon MartBlue line · 2.1 km · about 6 min drive
- Al WarqaBlue line · 3.4 km · about 9 min drive
- Dubai Silicon OasisBlue line · 3.9 km · about 10 min drive
- Academic CityBlue line · 4.8 km · about 12 min drive
Shopping and groceries near M-05
The closest is Spinneys / International City, France Cluster, 0.7 km from M-05 (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 · 1.8 km · about 6 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.9 km · about 14 min drive
- Mirdif City CentreShopping Mall · 6.3 km · about 15 min drive
Hospitals and clinics near M-05
The closest is The Osteopathic Health Centre, 7.3 km from M-05 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.3 km · about 17 min drive
Parks and leisure near M-05
The closest is Mushrif Park, 7.3 km from M-05 (about 17 min drive).
- Mushrif ParkPark · 7.3 km · about 17 min drive
Schools near M-05
The nearest is Newlands School, 2.5 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 2.5 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.9 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3 km
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 3.1 km
- Primus Private School L.L.CIndian · KHDA: Good · 3.1 km
- Ignite School L.L.CAmerican · KHDA: Acceptable · 3.4 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare M-05 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about M-05
In its favour
- Owners who resold have made money: a median gain of up to 2%.
- A median gross yield of 11.3% 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
M-05: questions answered
Buying, selling or renting in M-05?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.