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Ready building · Nakheel

N02, Al Warsan First

Highlights

N02 at a glance

About N02

N02 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 464 per sq ft.

N02 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 9.55 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 464
Median gross yield
10.7%
Service charge
AED 9.81 per sq ft (2018)
Nearest metro
International City 1, 1.3 km

Building details

Inside N02

Properties in N02

Studios in N02

There are about 24 of these in N02, from 470 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in N02

There are about 20 of these in N02, from 740 to 930 sq ft. None has sold recently enough to quote a price.

Commercial units in N02

There are about 8 of these in N02, from 370 to 1,020 sq ft. None has sold recently enough to quote a price.

Unit types in N02 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio24470 sqft43.7 sqmtNo recent sales–
1 Bed20740 sqft68.7 sqmt – 930 sqft86.4 sqmtNo recent sales–
Commercial8370 sqft34.4 sqmt – 1,020 sqft94.8 sqmtNo recent sales–

Recent transactions in N02

  • N-02, Persia Cluster

    International City

    AED 416K

    AED 560 /sqftAED 6,028 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner30 Apr 2025

  • N-02, Persia Cluster

    International City

    AED 390K

    AED 525 /sqftAED 5,651 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner30 Jan 2025

  • N-02, Persia Cluster

    International City

    AED 395K

    AED 532 /sqftAED 5,726 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner5 Apr 2024

  • N-02, Persia Cluster

    International City

    AED 235K

    AED 496 /sqftAED 5,339 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner26 Jun 2023

  • N-02, Persia Cluster

    International City

    AED 225K

    AED 475 /sqftAED 5,113 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner23 Feb 2023

  • N-02, Persia Cluster

    International City

    AED 325K

    AED 437 /sqftAED 4,704 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner30 Jan 2023

  • N-02, Persia Cluster

    International City

    AED 220K

    AED 464 /sqftAED 4,994 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner15 Nov 2022

  • N-02, Persia Cluster

    International City

    AED 215K

    AED 454 /sqftAED 4,887 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner9 Sept 2022

  • N-02, Persia Cluster

    International City

    AED 209K

    AED 441 /sqftAED 4,747 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner15 Jul 2022

  • N-02, Persia Cluster

    International City

    AED 305K

    AED 410 /sqftAED 4,413 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner20 Jun 2022

  • N-02, Persia Cluster

    International City

    AED 199.5K

    AED 421 /sqftAED 4,532 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner11 Jan 2021

  • N-02, Persia Cluster

    International City

    AED 200K

    AED 422 /sqftAED 4,542 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner20 Sept 2020

  • N-02, Persia Cluster

    International City

    AED 300K

    AED 324 /sqftAED 3,488 /sqmt

    ReadyApartment
    926 sqft86 sqmt1 BedOwner23 Jul 2020

  • N-02, Persia Cluster

    International City

    AED 300K

    AED 404 /sqftAED 4,349 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner24 Nov 2019

  • N-02, Persia Cluster

    International City

    AED 320K

    AED 431 /sqftAED 4,639 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner14 Feb 2019

  • N-02, Persia Cluster

    International City

    AED 345K

    AED 464 /sqftAED 4,994 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner9 Dec 2018

  • N-02, Persia Cluster

    International City

    AED 425K

    AED 572 /sqftAED 6,157 /sqmt

    ReadyApartment
    743 sqft69 sqmt1 BedOwner28 Sept 2017

  • N-02, Persia Cluster

    International City

    AED 340K

    AED 717 /sqftAED 7,718 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner26 Apr 2016

  • N-02, Persia Cluster

    International City

    AED 338K

    AED 713 /sqftAED 7,675 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner26 Feb 2015

  • N-02, Persia Cluster

    International City

    AED 350K

    AED 738 /sqftAED 7,944 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner7 Jan 2015

Every sale in N02Every rent contract in N02

Service charges in N02

The 2018 service charge in N02 is AED 9.81 per sq ft for homes, AED 9.55 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 N02
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 9.81740 sqft68.7 sqmt – 930 sqft86.4 sqmtAED 7,259 – AED 9,123
Retail (2018)AED 9.55370 sqft34.4 sqmt – 1,020 sqft94.8 sqmtAED 3,534 – AED 9,741
Studio Apartment (2018)AED 9.81470 sqft43.7 sqmtAED 4,611 – AED 4,611

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

Nearby amenities

Around N02

Transportation near N02

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 · 3.4 km · about 9 min drive
  • Dubai Silicon OasisBlue line · 3.8 km · about 10 min drive
  • Auto MarketBlue line · 4.8 km · about 12 min drive

Shopping and groceries near N02

The closest is Spinneys / International City, France Cluster, 0.5 km from N02 (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 N02

The closest is The Osteopathic Health Centre, 7.4 km from N02 (about 17 min drive).

  • The Osteopathic Health CentreHospital · 7.4 km · about 17 min drive

Parks and leisure near N02

The closest is Mushrif Park, 7.4 km from N02 (about 17 min drive).

  • Mushrif ParkPark · 7.4 km · about 17 min drive

Schools near N02

The nearest is Newlands School, 2.4 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 2.4 km
  • Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.9 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
  • 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 N02 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 N02

In its favour

  • A median gross yield of 10.7% 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

N02: questions answered

N02 was developed by Nakheel in Al Warsan First.

N02 is completed in Q1 2012.

Across its 20 most recent registered sales, N02 sold for a median of AED 464 per sq ft and AED 312.5K per unit.

The median gross yield on recently sold units in N02 is 10.7%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in N02 is AED 9.81 per sq ft a year, as registered with the Dubai Land Department.

N02 has Studio (470 sq ft), 1 Bed (740 to 930 sq ft), Commercial (370 to 1,020 sq ft).

International City 1 is about 1.3 km from N02.

The nearest schools include Newlands School (2.4 km), Kings School Nad Al Sheba L.L.C (2.9 km), Sharjah American International Private School - Dubai Branch (2.9 km).

Buying, selling or renting in N02?

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

Get a free valuation
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