ReadyReady building · Nakheel
N 05, Al Warsan First
Highlights
N 05 at a glance
About N 05
N 05 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. 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 420 per sq ft.
N 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 380 to 1,070 sq ft
- Service charge from AED 10.24 per sq ft
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 300.0K
- Median price per sq ft
- AED 420
- Median gross yield
- 16.0%
- Service charge
- AED 10.5 per sq ft (2018)
- Nearest metro
- International City 1, 1.4 km
Building details
Inside N 05
Properties in N 05
Studios in N 05
There are about 24 of these in N 05, from 470 to 490 sq ft. None has sold recently enough to quote a price.
1-bedroom apartments in N 05
There are about 20 of these in N 05, from 740 to 940 sq ft. None has sold recently enough to quote a price.
Commercial units in N 05
There are about 8 of these in N 05, from 380 to 1,070 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 – 490 sqft45.5 sqmt | No recent sales | – |
| 1 Bed | 20 | 740 sqft68.7 sqmt – 940 sqft87.3 sqmt | No recent sales | – |
| Commercial | 8 | 380 sqft35.3 sqmt – 1,070 sqft99.4 sqmt | No recent sales | – |
Sale trends in N 05
Median sale price
AED 200K
Median per sq ft
AED 420
Median gross yield
16.0%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 200.0K to AED 200.0K (472 to 487 sq ft), across 19 sales
- 1-bedroom apartments: one sale at AED 300.0K (744 sq ft)
Recent transactions in N 05
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| N-05, Persia Cluster, International CityReadyApartment | AED 300,000AED 403 /sqftAED 4,338 /sqmt | 744 sqft69.1 sqmt1 Bed | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 424 /sqftAED 4,564 /sqmt | 472 sqft43.9 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 420 /sqftAED 4,521 /sqmt | 476 sqft44.2 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 424 /sqftAED 4,564 /sqmt | 472 sqft43.9 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 424 /sqftAED 4,564 /sqmt | 472 sqft43.9 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 424 /sqftAED 4,564 /sqmt | 472 sqft43.9 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 420 /sqftAED 4,521 /sqmt | 476 sqft44.2 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 422 /sqftAED 4,542 /sqmt | 474 sqft44 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 424 /sqftAED 4,564 /sqmt | 472 sqft43.9 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 411 /sqftAED 4,424 /sqmt | 487 sqft45.2 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 424 /sqftAED 4,564 /sqmt | 472 sqft43.9 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 411 /sqftAED 4,424 /sqmt | 487 sqft45.2 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 422 /sqftAED 4,542 /sqmt | 474 sqft44 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 424 /sqftAED 4,564 /sqmt | 472 sqft43.9 sqmtStudio | Developer |
| N-05, Persia Cluster, International CityReadyApartment | AED 200,000AED 419 /sqftAED 4,510 /sqmt | 477 sqft44.3 sqmtStudio | Developer |
N-05, Persia Cluster
International City
AED 300K
AED 403 /sqftAED 4,338 /sqmt
ReadyApartment744 sqft69.1 sqmt1 BedDeveloper22 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 424 /sqftAED 4,564 /sqmt
ReadyApartment472 sqft43.9 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 420 /sqftAED 4,521 /sqmt
ReadyApartment476 sqft44.2 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 424 /sqftAED 4,564 /sqmt
ReadyApartment472 sqft43.9 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 424 /sqftAED 4,564 /sqmt
ReadyApartment472 sqft43.9 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 424 /sqftAED 4,564 /sqmt
ReadyApartment472 sqft43.9 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 420 /sqftAED 4,521 /sqmt
ReadyApartment476 sqft44.2 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 422 /sqftAED 4,542 /sqmt
ReadyApartment474 sqft44 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 424 /sqftAED 4,564 /sqmt
ReadyApartment472 sqft43.9 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 411 /sqftAED 4,424 /sqmt
ReadyApartment487 sqft45.2 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 424 /sqftAED 4,564 /sqmt
ReadyApartment472 sqft43.9 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 411 /sqftAED 4,424 /sqmt
ReadyApartment487 sqft45.2 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 422 /sqftAED 4,542 /sqmt
ReadyApartment474 sqft44 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 424 /sqftAED 4,564 /sqmt
ReadyApartment472 sqft43.9 sqmtStudioDeveloper20 Dec 2022N-05, Persia Cluster
International City
AED 200K
AED 419 /sqftAED 4,510 /sqmt
ReadyApartment477 sqft44.3 sqmtStudioDeveloper20 Dec 2022
Service charges in N 05
The 2018 service charge in N 05 is AED 10.5 per sq ft for homes, AED 10.24 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 10.5 | 740 sqft68.7 sqmt – 940 sqft87.3 sqmt | AED 7,770 – AED 9,870 |
| Retail (2018) | AED 10.24 | 380 sqft35.3 sqmt – 1,070 sqft99.4 sqmt | AED 3,891 – AED 10,957 |
| Studio Apartment (2018) | AED 10.5 | 470 sqft43.7 sqmt – 490 sqft45.5 sqmt | AED 4,935 – AED 5,145 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around N 05
Transportation near N 05
Stations planned on new lines nearby include International City 1 (blue line, 1.4 km, about 5 min drive) and International City 2 (blue line, 1.5 km, about 5 min drive).
- International City 1Blue line · 1.4 km · about 5 min drive
- International City 2Blue line · 1.5 km · about 5 min drive
- Dragon MartBlue line · 2.2 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 · 4.7 km · about 11 min drive
Shopping and groceries near N 05
The closest is Spinneys / International City, France Cluster, 0.6 km from N 05 (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 · 1.9 km · about 6 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.7 km · about 13 min drive
- Century MallShopping Mall · 6.4 km · about 15 min drive
Hospitals and clinics near N 05
The closest is The Osteopathic Health Centre, 7.5 km from N 05 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.5 km · about 17 min drive
Parks and leisure near N 05
The closest is Mushrif Park, 7.5 km from N 05 (about 17 min drive).
- Mushrif ParkPark · 7.5 km · about 17 min drive
Schools near N 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
- 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 · 3.2 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 N 05 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about N 05
In its favour
- A median gross yield of 16.0% 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
N 05: questions answered
Buying, selling or renting in N 05?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.