ReadyReady building · Nakheel
O-04, Al Warsan First
Highlights
O-04 at a glance
About O-04
O-04 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. 8 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 525 per sq ft.
O-04 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 7.23 per sq ft
- Centrepoint metro station 7.8 km away
- 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 525
- Median gross yield
- 11.0%
- Service charge
- AED 7.39 per sq ft (2018)
- Nearest metro
- International City 1, 1.3 km
Building details
Inside O-04
Properties in O-04
Studios in O-04
There are about 32 of these in O-04, from 470 sq ft. They have recently sold for a median of AED 293.0K, or AED 620 per sq ft. Owners who resold made a median 12% over what they paid.
1-bedroom apartments in O-04
There are about 28 of these in O-04, from 730 to 930 sq ft. They have recently sold for a median of AED 403.0K, or AED 550 per sq ft.
Commercial units in O-04
There are about 13 of these in O-04, from 370 to 1,070 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 32 | 470 sqft43.7 sqmt | AED 293K | AED 31K |
| 1 Bed | 28 | 730 sqft67.8 sqmt – 930 sqft86.4 sqmt | AED 403K | AED 41K |
| Commercial | 13 | 370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt | No recent sales | – |
Sale trends in O-04
Median sale price
AED 320K
Median per sq ft
AED 525
Median gross yield
11.0%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 305.0K to AED 485.0K (732 sq ft), across 11 sales
- Studios: AED 220.0K to AED 335.0K (474 sq ft), across 9 sales
Rental trends in O-04
1-bedroom homes in O-04 were let for AED 38.0K to AED 46.0K a year across 3 recent contracts, with a median of AED 41.0K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 38.0K to AED 46.0K a year (732 sq ft), across 3 contracts
- Studios: AED 30.0K to AED 150.0K a year (474 sq ft), across 3 contracts
Recent transactions in O-04
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| O-04, Persia Cluster, International CityReadyApartment | AED 485,000AED 663 /sqftAED 7,136 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 350,000AED 478 /sqftAED 5,145 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 405,000AED 553 /sqftAED 5,952 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 450,000AED 615 /sqftAED 6,620 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 335,000AED 707 /sqftAED 7,610 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 400,000AED 546 /sqftAED 5,877 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 250,000AED 527 /sqftAED 5,673 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 330,000AED 451 /sqftAED 4,855 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 320,000AED 675 /sqftAED 7,266 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 310,000AED 654 /sqftAED 7,040 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 280,000AED 591 /sqftAED 6,361 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 365,000AED 499 /sqftAED 5,371 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 382,000AED 522 /sqftAED 5,619 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 220,000AED 464 /sqftAED 4,994 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 240,000AED 506 /sqftAED 5,447 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 232,500AED 491 /sqftAED 5,285 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 305,000AED 417 /sqftAED 4,489 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 320,000AED 437 /sqftAED 4,704 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 250,000AED 527 /sqftAED 5,673 /sqmt | 474 sqft44 sqmtStudio | Owner |
| O-04, Persia Cluster, International CityReadyApartment | AED 310,000AED 423 /sqftAED 4,553 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
O-04, Persia Cluster
International City
AED 485K
AED 663 /sqftAED 7,136 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner2 Sept 2026O-04, Persia Cluster
International City
AED 350K
AED 478 /sqftAED 5,145 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner30 Jun 2026O-04, Persia Cluster
International City
AED 405K
AED 553 /sqftAED 5,952 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner27 Apr 2026O-04, Persia Cluster
International City
AED 450K
AED 615 /sqftAED 6,620 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner20 Jan 2026O-04, Persia Cluster
International City
AED 335K
AED 707 /sqftAED 7,610 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner30 Dec 2025O-04, Persia Cluster
International City
AED 400K
AED 546 /sqftAED 5,877 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner26 Nov 2025O-04, Persia Cluster
International City
AED 250K
AED 527 /sqftAED 5,673 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner25 Nov 2025O-04, Persia Cluster
International City
AED 330K
AED 451 /sqftAED 4,855 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner14 Nov 2025O-04, Persia Cluster
International City
AED 320K
AED 675 /sqftAED 7,266 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner25 Jul 2025O-04, Persia Cluster
International City
AED 310K
AED 654 /sqftAED 7,040 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner20 Jan 2025O-04, Persia Cluster
International City
AED 280K
AED 591 /sqftAED 6,361 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner12 Dec 2024O-04, Persia Cluster
International City
AED 365K
AED 499 /sqftAED 5,371 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner28 Nov 2024O-04, Persia Cluster
International City
AED 382K
AED 522 /sqftAED 5,619 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner8 Oct 2024O-04, Persia Cluster
International City
AED 220K
AED 464 /sqftAED 4,994 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner25 Apr 2024O-04, Persia Cluster
International City
AED 240K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner1 Feb 2024O-04, Persia Cluster
International City
AED 232.5K
AED 491 /sqftAED 5,285 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner18 Jul 2023O-04, Persia Cluster
International City
AED 305K
AED 417 /sqftAED 4,489 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner18 Apr 2023O-04, Persia Cluster
International City
AED 320K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner3 Apr 2023O-04, Persia Cluster
International City
AED 250K
AED 527 /sqftAED 5,673 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner21 Mar 2023O-04, Persia Cluster
International City
AED 310K
AED 423 /sqftAED 4,553 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner3 Feb 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| O-04, Persia Cluster, International CityApartmentNew contract | AED 30,000 | 474 sqft44 sqmtStudio | to |
| O-04, Persia Cluster, International CityApartmentNew contract | AED 38,000 | 732 sqft68 sqmt1 Bed | to |
| O-04, Persia Cluster, International CityApartmentNew contract | AED 31,000 | 474 sqft44 sqmtStudio | to |
| O-04, Persia Cluster, International CityApartmentNew contract | AED 150,000 | 474 sqft44 sqmtStudio | to |
| O-04, Persia Cluster, International CityApartmentNew contract | AED 46,000 | 732 sqft68 sqmt1 Bed | to |
| O-04, Persia Cluster, International CityApartmentNew contract | AED 41,000 | 732 sqft68 sqmt1 Bed | to |
O-04, Persia Cluster
International City
AED 30K/yr
ApartmentNew contract474 sqft44 sqmtStudiotoO-04, Persia Cluster
International City
AED 38K/yr
ApartmentNew contract732 sqft68 sqmt1 BedtoO-04, Persia Cluster
International City
AED 31K/yr
ApartmentNew contract474 sqft44 sqmtStudiotoO-04, Persia Cluster
International City
AED 150K/yr
ApartmentNew contract474 sqft44 sqmtStudiotoO-04, Persia Cluster
International City
AED 46K/yr
ApartmentNew contract732 sqft68 sqmt1 BedtoO-04, Persia Cluster
International City
AED 41K/yr
ApartmentNew contract732 sqft68 sqmt1 Bedto
Service charges in O-04
The 2018 service charge in O-04 is AED 7.39 per sq ft for homes, AED 7.23 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 7.39 | 730 sqft67.8 sqmt – 930 sqft86.4 sqmt | AED 5,395 – AED 6,873 |
| Retail (2018) | AED 7.23 | 370 sqft34.4 sqmt – 1,070 sqft99.4 sqmt | AED 2,675 – AED 7,736 |
| Studio Apartment (2018) | AED 7.39 | 470 sqft43.7 sqmt | AED 3,473 – AED 3,473 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around O-04
Transportation near O-04
The nearest Dubai Metro station from O-04 is Centrepoint (red line, 7.8 km, about 18 min drive). 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, 1.7 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- International City 1Blue line · 1.3 km · about 5 min drive
- International City 2Blue line · 1.7 km · about 5 min drive
- Dragon MartBlue line · 1.9 km · about 6 min drive
- Al WarqaBlue line · 3.2 km · about 8 min drive
- Dubai Silicon OasisBlue line · 4 km · about 10 min drive
- Auto MarketBlue line · 4.7 km · about 11 min drive
Shopping and groceries near O-04
The closest is Spinneys / International City, France Cluster, 0.6 km from O-04 (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 · 1.7 km · about 5 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 6 km · about 14 min drive
- Mirdif City CentreShopping Mall · 6.1 km · about 14 min drive
Hospitals and clinics near O-04
The closest is The Osteopathic Health Centre, 7.2 km from O-04 (about 16 min drive).
- The Osteopathic Health CentreHospital · 7.2 km · about 16 min drive
Parks and leisure near O-04
The closest is Mushrif Park, 7.2 km from O-04 (about 16 min drive).
- Mushrif ParkPark · 7.2 km · about 16 min drive
Schools near O-04
The nearest is Newlands School, 2.2 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 2.2 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.7 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2.8 km
- Primus Private School L.L.CIndian · KHDA: Good · 2.9 km
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 3 km
- International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 3.2 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare O-04 with:
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Things to consider about O-04
In its favour
- Owners who resold have made money: a median gain of up to 12%.
- A median gross yield of 11.0% 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.
- The nearest running metro station is 7.8 km away, so a car helps.
FAQs
O-04: questions answered
Buying, selling or renting in O-04?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.