ReadyReady building · Nakheel
P-04, Al Warsan First
Highlights
P-04 at a glance
About P-04
P-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. 3 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 564 per sq ft.
P-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 980 sq ft
- Service charge from AED 7.46 per sq ft
- Centrepoint metro station 7.9 km away
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 254.0K
- Median price per sq ft
- AED 564
- Median gross yield
- 9.8%
- Service charge
- AED 7.49 per sq ft (2018)
- Nearest metro
- International City 1, 1 km
Building details
Inside P-04
Properties in P-04
Studios in P-04
There are about 32 of these in P-04, from 480 sq ft. None has sold recently enough to quote a price.
1-bedroom apartments in P-04
There are about 28 of these in P-04, from 720 to 910 sq ft. They have recently sold for a median of AED 445.0K, or AED 620 per sq ft. Owners who resold made a median 9% over what they paid.
Commercial units in P-04
There are about 13 of these in P-04, from 370 to 980 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 32 | 480 sqft44.6 sqmt | No recent sales | AED 32.8K |
| 1 Bed | 28 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 445K | AED 36.5K |
| Commercial | 13 | 370 sqft34.4 sqmt – 980 sqft91 sqmt | No recent sales | – |
Sale trends in P-04
Median sale price
AED 370K
Median per sq ft
AED 564
Median gross yield
9.8%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 310.0K to AED 470.0K (721 to 915 sq ft), across 12 sales
- Studios: AED 230.0K to AED 360.0K (484 sq ft), across 8 sales
Rental trends in P-04
1-bedroom homes in P-04 were let for AED 28.0K to AED 45.0K a year across 2 recent contracts, with a median of AED 36.5K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 28.0K to AED 45.0K a year (721 to 743 sq ft), across 2 contracts
- Studios: AED 32.5K to AED 33.0K a year (484 sq ft), across 2 contracts
Recent transactions in P-04
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| P-04, France Cluster, International CityReadyApartment | AED 445,000AED 617 /sqftAED 6,641 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 470,000AED 652 /sqftAED 7,018 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 425,000AED 589 /sqftAED 6,340 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 440,000AED 481 /sqftAED 5,177 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 360,000AED 744 /sqftAED 8,008 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 425,000AED 572 /sqftAED 6,157 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 330,000AED 682 /sqftAED 7,341 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 330,000AED 682 /sqftAED 7,341 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 400,000AED 555 /sqftAED 5,974 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 370,000AED 505 /sqftAED 5,436 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 440,000AED 481 /sqftAED 5,177 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 420,000AED 574 /sqftAED 6,178 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 230,000AED 475 /sqftAED 5,113 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 280,000AED 579 /sqftAED 6,232 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 260,000AED 537 /sqftAED 5,780 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 265,000AED 548 /sqftAED 5,899 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 370,000AED 498 /sqftAED 5,360 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 350,000AED 723 /sqftAED 7,782 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 380,000AED 527 /sqftAED 5,673 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-04, France Cluster, International CityReadyApartment | AED 310,000AED 430 /sqftAED 4,628 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
P-04, France Cluster
International City
AED 445K
AED 617 /sqftAED 6,641 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner17 Aug 2026P-04, France Cluster
International City
AED 470K
AED 652 /sqftAED 7,018 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner23 Feb 2026P-04, France Cluster
International City
AED 425K
AED 589 /sqftAED 6,340 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner17 Nov 2025P-04, France Cluster
International City
AED 440K
AED 481 /sqftAED 5,177 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner29 Aug 2025P-04, France Cluster
International City
AED 360K
AED 744 /sqftAED 8,008 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner25 Aug 2025P-04, France Cluster
International City
AED 425K
AED 572 /sqftAED 6,157 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner24 Jun 2025P-04, France Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 May 2025P-04, France Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 May 2025P-04, France Cluster
International City
AED 400K
AED 555 /sqftAED 5,974 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner13 Jan 2025P-04, France Cluster
International City
AED 370K
AED 505 /sqftAED 5,436 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner21 Aug 2024P-04, France Cluster
International City
AED 440K
AED 481 /sqftAED 5,177 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner22 Jul 2024P-04, France Cluster
International City
AED 420K
AED 574 /sqftAED 6,178 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner26 Jun 2024P-04, France Cluster
International City
AED 230K
AED 475 /sqftAED 5,113 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner25 Jun 2024P-04, France Cluster
International City
AED 280K
AED 579 /sqftAED 6,232 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner29 Feb 2024P-04, France Cluster
International City
AED 260K
AED 537 /sqftAED 5,780 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 Jan 2024P-04, France Cluster
International City
AED 265K
AED 548 /sqftAED 5,899 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner30 Nov 2023P-04, France Cluster
International City
AED 370K
AED 498 /sqftAED 5,360 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner7 Nov 2023P-04, France Cluster
International City
AED 350K
AED 723 /sqftAED 7,782 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner19 Oct 2023P-04, France Cluster
International City
AED 380K
AED 527 /sqftAED 5,673 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner5 Oct 2023P-04, France Cluster
International City
AED 310K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner20 Sept 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| P-04, France Cluster, International CityApartmentNew contract | AED 33,000 | 484 sqft45 sqmtStudio | to |
| P-04, France Cluster, International CityApartmentRenewal | AED 45,000 | 721 sqft67 sqmt1 Bed | to |
| P-04, France Cluster, International CityApartmentNew contract | AED 28,000 | 743 sqft69 sqmt1 Bed | to |
| P-04, France Cluster, International CityApartmentNew contract | AED 32,500 | 484 sqft45 sqmtStudio | to |
P-04, France Cluster
International City
AED 33K/yr
ApartmentNew contract484 sqft45 sqmtStudiotoP-04, France Cluster
International City
AED 45K/yr
ApartmentRenewal721 sqft67 sqmt1 BedtoP-04, France Cluster
International City
AED 28K/yr
ApartmentNew contract743 sqft69 sqmt1 BedtoP-04, France Cluster
International City
AED 32.5K/yr
ApartmentNew contract484 sqft45 sqmtStudioto
Service charges in P-04
The 2018 service charge in P-04 is AED 7.49 per sq ft for homes, AED 7.46 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 7.49 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 5,393 – AED 6,816 |
| Retail (2018) | AED 7.46 | 370 sqft34.4 sqmt – 980 sqft91 sqmt | AED 2,760 – AED 7,311 |
| Studio Apartment (2018) | AED 7.49 | 480 sqft44.6 sqmt | AED 3,595 – AED 3,595 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around P-04
Transportation near P-04
The nearest Dubai Metro station from P-04 is Centrepoint (red line, 7.9 km, about 18 min drive). Stations planned on new lines nearby include International City 1 (blue line, 1 km, about 12 min walk) and International City 2 (blue line, 1.5 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- International City 1Blue line · 1 km · about 12 min walk
- International City 2Blue line · 1.5 km · about 5 min drive
- Dragon MartBlue line · 1.9 km · about 6 min drive
- Al WarqaBlue line · 3.3 km · about 9 min drive
- Dubai Silicon OasisBlue line · 3.8 km · about 10 min drive
- Auto MarketBlue line · 4.5 km · about 11 min drive
Shopping and groceries near P-04
The closest is Spinneys / International City, France Cluster, 0.3 km from P-04 (about 4 min walk).
- Spinneys / International City, France ClusterSupermarket · 0.3 km · about 4 min walk
- Lulu Express / France Cluster, International CitySupermarket · 0.4 km · about 5 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 · 6.2 km · about 14 min drive
Hospitals and clinics near P-04
The closest is The Osteopathic Health Centre, 7.3 km from P-04 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.3 km · about 17 min drive
Parks and leisure near P-04
The closest is Mushrif Park, 7.5 km from P-04 (about 17 min drive).
- Mushrif ParkPark · 7.5 km · about 17 min drive
Schools near P-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
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.7 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.8 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
- GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare P-04 with:
Ready
Ready
Ready
Ready
Ready
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Things to consider about P-04
In its favour
- Owners who resold have made money: a median gain of up to 9%.
- A median gross yield of 9.8% 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 7.9 km away, so a car helps.
FAQs
P-04: questions answered
Buying, selling or renting in P-04?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.