ReadyReady building · Nakheel
M04, Al Warsan First
Highlights
M04 at a glance
About M04
M04 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. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 509 per sq ft.
M04 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 1,020 sq ft
- Service charge from AED 9.9 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 509
- Median gross yield
- 11.3%
- Service charge
- AED 10.16 per sq ft (2018)
- Nearest metro
- International City 1, 1.3 km
Building details
Inside M04
Properties in M04
Studios in M04
There are about 24 of these in M04, from 470 sq ft. They have recently sold for a median of AED 370.0K, or AED 780 per sq ft. Owners who resold made a median 23% over what they paid.
1-bedroom apartments in M04
There are about 20 of these in M04, from 740 to 930 sq ft. They have recently sold for a median of AED 465.0K, or AED 630 per sq ft. Owners who resold made a median 22% over what they paid.
Commercial units in M04
There are about 8 of these in M04, from 370 to 1,020 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 24 | 470 sqft43.7 sqmt | AED 370K | AED 28K |
| 1 Bed | 20 | 740 sqft68.7 sqmt – 930 sqft86.4 sqmt | AED 465K | – |
| Commercial | 8 | 370 sqft34.4 sqmt – 1,020 sqft94.8 sqmt | No recent sales | – |
Sale trends in M04
Median sale price
AED 320K
Median per sq ft
AED 509
Median gross yield
11.3%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 310.0K to AED 465.0K (743 to 926 sq ft), across 11 sales
- Studios: AED 204.0K to AED 370.0K (474 sq ft), across 9 sales
Rental trends in M04
Studio homes in M04 were let for AED 28.0K to AED 28.0K a year across 2 recent contracts, with a median of AED 28.0K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 28.0K to AED 28.0K a year (474 sq ft), across 2 contracts
Recent transactions in M04
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| M-04, Persia Cluster, International CityReadyApartment | AED 370,000AED 781 /sqftAED 8,407 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 465,000AED 626 /sqftAED 6,738 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 300,000AED 633 /sqftAED 6,814 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 380,000AED 511 /sqftAED 5,500 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 300,000AED 633 /sqftAED 6,814 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 236,775AED 500 /sqftAED 5,382 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 300,000AED 633 /sqftAED 6,814 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 435,000AED 470 /sqftAED 5,059 /sqmt | 926 sqft86 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 383,000AED 515 /sqftAED 5,543 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 335,000AED 451 /sqftAED 4,855 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 320,000AED 431 /sqftAED 4,639 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 320,000AED 431 /sqftAED 4,639 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 320,000AED 431 /sqftAED 4,639 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 280,000AED 591 /sqftAED 6,361 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 204,000AED 430 /sqftAED 4,628 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 240,000AED 506 /sqftAED 5,447 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 310,000AED 417 /sqftAED 4,489 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 310,000AED 654 /sqftAED 7,040 /sqmt | 474 sqft44 sqmtStudio | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 455,000AED 612 /sqftAED 6,588 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| M-04, Persia Cluster, International CityReadyApartment | AED 450,000AED 486 /sqftAED 5,231 /sqmt | 926 sqft86 sqmt1 Bed | Owner |
M-04, Persia Cluster
International City
AED 370K
AED 781 /sqftAED 8,407 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner23 Jan 2026M-04, Persia Cluster
International City
AED 465K
AED 626 /sqftAED 6,738 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner14 Jan 2026M-04, Persia Cluster
International City
AED 300K
AED 633 /sqftAED 6,814 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner28 Mar 2025M-04, Persia Cluster
International City
AED 380K
AED 511 /sqftAED 5,500 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner28 Mar 2025M-04, Persia Cluster
International City
AED 300K
AED 633 /sqftAED 6,814 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner28 Mar 2025M-04, Persia Cluster
International City
AED 236.8K
AED 500 /sqftAED 5,382 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner24 Feb 2025M-04, Persia Cluster
International City
AED 300K
AED 633 /sqftAED 6,814 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner15 Jan 2025M-04, Persia Cluster
International City
AED 435K
AED 470 /sqftAED 5,059 /sqmt
ReadyApartment926 sqft86 sqmt1 BedOwner22 Nov 2024M-04, Persia Cluster
International City
AED 383K
AED 515 /sqftAED 5,543 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner28 Jun 2024M-04, Persia Cluster
International City
AED 335K
AED 451 /sqftAED 4,855 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner7 Dec 2023M-04, Persia Cluster
International City
AED 320K
AED 431 /sqftAED 4,639 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner13 Jun 2023M-04, Persia Cluster
International City
AED 320K
AED 431 /sqftAED 4,639 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner30 May 2023M-04, Persia Cluster
International City
AED 320K
AED 431 /sqftAED 4,639 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner30 May 2023M-04, Persia Cluster
International City
AED 280K
AED 591 /sqftAED 6,361 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner16 May 2023M-04, Persia Cluster
International City
AED 204K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner25 May 2022M-04, Persia Cluster
International City
AED 240K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner4 Sept 2019M-04, Persia Cluster
International City
AED 310K
AED 417 /sqftAED 4,489 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner2 Feb 2019M-04, Persia Cluster
International City
AED 310K
AED 654 /sqftAED 7,040 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner21 Nov 2016M-04, Persia Cluster
International City
AED 455K
AED 612 /sqftAED 6,588 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner20 Apr 2016M-04, Persia Cluster
International City
AED 450K
AED 486 /sqftAED 5,231 /sqmt
ReadyApartment926 sqft86 sqmt1 BedOwner6 Dec 2015
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| M-04, Persia Cluster, International CityApartmentRenewal | AED 28,000 | 474 sqft44 sqmtStudio | to |
| M-04, Persia Cluster, International CityApartmentRenewal | AED 28,000 | 474 sqft44 sqmtStudio | to |
M-04, Persia Cluster
International City
AED 28K/yr
ApartmentRenewal474 sqft44 sqmtStudiotoM-04, Persia Cluster
International City
AED 28K/yr
ApartmentRenewal474 sqft44 sqmtStudioto
Service charges in M04
The 2018 service charge in M04 is AED 10.16 per sq ft for homes, AED 9.9 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 10.16 | 740 sqft68.7 sqmt – 930 sqft86.4 sqmt | AED 7,518 – AED 9,449 |
| Retail (2018) | AED 9.9 | 370 sqft34.4 sqmt – 1,020 sqft94.8 sqmt | AED 3,663 – AED 10,098 |
| Studio Apartment (2018) | AED 10.16 | 470 sqft43.7 sqmt | AED 4,775 – AED 4,775 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around M04
Transportation near M04
Stations planned on new lines nearby include International City 1 (blue line, 1.3 km, about 5 min drive) and International City 2 (blue line, 1.5 km, about 5 min drive).
- International City 1Blue line · 1.3 km · about 5 min drive
- International City 2Blue line · 1.5 km · about 5 min drive
- Dragon MartBlue line · 2.1 km · about 6 min drive
- Al WarqaBlue line · 3.5 km · about 9 min drive
- Dubai Silicon OasisBlue line · 3.8 km · about 10 min drive
- Academic CityBlue line · 4.8 km · about 12 min drive
Shopping and groceries near M04
The closest is Spinneys / International City, France Cluster, 0.5 km from M04 (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 · 1.9 km · about 6 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.7 km · about 13 min drive
- Century MallShopping Mall · 6.3 km · about 15 min drive
Hospitals and clinics near M04
The closest is The Osteopathic Health Centre, 7.4 km from M04 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.4 km · about 17 min drive
Parks and leisure near M04
The closest is Mushrif Park, 7.5 km from M04 (about 17 min drive).
- Mushrif ParkPark · 7.5 km · about 17 min drive
Schools near M04
The nearest is Newlands School, 2.5 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 2.5 km
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.9 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.1 km
- Primus Private School L.L.CIndian · KHDA: Good · 3.1 km
- GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.3 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare M04 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about M04
In its favour
- Owners who resold have made money: a median gain of up to 23%.
- 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
M04: questions answered
Buying, selling or renting in M04?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.