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Ready building · Nakheel

N03, Al Warsan First

Highlights

N03 at a glance

About N03

N03 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. 3 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 512 per sq ft.

N03 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 7.5 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 512
Median gross yield
10.6%
Service charge
AED 7.67 per sq ft (2018)
Nearest metro
International City 1, 1.4 km

Building details

Inside N03

Properties in N03

Studios in N03

There are about 32 of these in N03, from 470 sq ft. They have recently sold for a median of AED 350.0K, or AED 740 per sq ft.

1-bedroom apartments in N03

There are about 28 of these in N03, from 730 to 930 sq ft. They have recently sold for a median of AED 430.0K, or AED 590 per sq ft.

Commercial units in N03

There are about 13 of these in N03, from 370 to 1,070 sq ft. None has sold recently enough to quote a price.

Unit types in N03 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio32470 sqft43.7 sqmtAED 350KAED 25.6K
1 Bed28730 sqft67.8 sqmt – 930 sqft86.4 sqmtAED 430K–
Commercial13370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtNo recent sales–

Recent transactions in N03

  • N-03, Persia Cluster

    International City

    AED 430K

    AED 587 /sqftAED 6,318 /sqmt

    ReadyApartment
    732 sqft68 sqmt1 BedOwner21 Oct 2026

  • N-03, Persia Cluster

    International City

    AED 350K

    AED 738 /sqftAED 7,944 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner13 Oct 2026

  • N-03, Persia Cluster

    International City

    AED 350K

    AED 738 /sqftAED 7,944 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner22 Jan 2026

  • N-03, Persia Cluster

    International City

    AED 300K

    AED 633 /sqftAED 6,814 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner29 Oct 2025

  • N-03, Persia Cluster

    International City

    AED 310K

    AED 654 /sqftAED 7,040 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner13 Aug 2025

  • N-03, Persia Cluster

    International City

    AED 295K

    AED 622 /sqftAED 6,695 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner12 Jun 2025

  • N-03, Persia Cluster

    International City

    AED 305K

    AED 643 /sqftAED 6,921 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner26 Feb 2025

  • N-03, Persia Cluster

    International City

    AED 360K

    AED 492 /sqftAED 5,296 /sqmt

    ReadyApartment
    732 sqft68 sqmt1 BedOwner29 Jul 2024

  • N-03, Persia Cluster

    International City

    AED 345K

    AED 471 /sqftAED 5,070 /sqmt

    ReadyApartment
    732 sqft68 sqmt1 BedDeveloper19 Dec 2023

  • N-03, Persia Cluster

    International City

    AED 245K

    AED 517 /sqftAED 5,565 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioDeveloper20 Oct 2023

  • N-03, Persia Cluster

    International City

    AED 240K

    AED 506 /sqftAED 5,447 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner12 Oct 2023

  • N-03, Persia Cluster

    International City

    AED 200K

    AED 422 /sqftAED 4,542 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner6 Jun 2023

  • N-03, Persia Cluster

    International City

    AED 220K

    AED 464 /sqftAED 4,994 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner25 May 2023

  • N-03, Persia Cluster

    International City

    AED 344K

    AED 470 /sqftAED 5,059 /sqmt

    ReadyApartment
    732 sqft68 sqmt1 BedOwner4 May 2023

  • N-03, Persia Cluster

    International City

    AED 250K

    AED 527 /sqftAED 5,673 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner31 Mar 2023

  • N-03, Persia Cluster

    International City

    AED 250K

    AED 527 /sqftAED 5,673 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner27 Mar 2023

  • N-03, Persia Cluster

    International City

    AED 210K

    AED 443 /sqftAED 4,768 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner1 Nov 2022

  • N-03, Persia Cluster

    International City

    AED 200K

    AED 422 /sqftAED 4,542 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner21 Oct 2022

  • N-03, Persia Cluster

    International City

    AED 215K

    AED 454 /sqftAED 4,887 /sqmt

    ReadyApartment
    474 sqft44 sqmtStudioOwner19 Jul 2022

  • N-03, Persia Cluster

    International City

    AED 135K

    AED 369 /sqftAED 3,972 /sqmt

    ReadyApartment
    732 sqft68 sqmt1 BedOwner15 Jun 2022

  • N-03, Persia Cluster

    International City

    AED 25.6K/yr

    ApartmentNew contract
    474 sqft44 sqmtStudioto

Every sale in N03Every rent contract in N03

Service charges in N03

The 2018 service charge in N03 is AED 7.67 per sq ft for homes, AED 7.5 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 N03
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 7.67730 sqft67.8 sqmt – 930 sqft86.4 sqmtAED 5,599 – AED 7,133
Retail (2018)AED 7.5370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtAED 2,775 – AED 8,025
Studio Apartment (2018)AED 7.67470 sqft43.7 sqmtAED 3,605 – AED 3,605

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

Nearby amenities

Around N03

Transportation near N03

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, 1.6 km, about 5 min drive).

  • International City 1Blue line · 1.4 km · about 5 min drive
  • International City 2Blue line · 1.6 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 N03

The closest is Spinneys / International City, France Cluster, 0.6 km from N03 (about 7 min walk).

  • Spinneys / International City, France ClusterSupermarket · 0.6 km · about 7 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 · 5.8 km · about 14 min drive
  • Century MallShopping Mall · 6.3 km · about 15 min drive

Hospitals and clinics near N03

The closest is The Osteopathic Health Centre, 7.4 km from N03 (about 17 min drive).

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

Parks and leisure near N03

The closest is Mushrif Park, 7.4 km from N03 (about 17 min drive).

  • Mushrif ParkPark · 7.4 km · about 17 min drive

Schools near N03

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 · 3 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3 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 N03 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 N03

In its favour

  • A median gross yield of 10.6% 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

N03: questions answered

N03 was developed by Nakheel in Al Warsan First.

N03 is completed in Q1 2012.

Across its 20 most recent registered sales, N03 sold for a median of AED 512 per sq ft and AED 272.5K per unit.

Recent yearly contracts in N03 have a median rent of AED 25.6K.

The median gross yield on recently sold units in N03 is 10.6%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in N03 is AED 7.67 per sq ft a year, as registered with the Dubai Land Department.

N03 has Studio (470 sq ft), 1 Bed (730 to 930 sq ft), Commercial (370 to 1,070 sq ft).

International City 1 is about 1.4 km from N03.

The nearest schools include Newlands School (2.5 km), Kings School Nad Al Sheba L.L.C (3 km), Sharjah American International Private School - Dubai Branch (3 km).

Buying, selling or renting in N03?

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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