P-24, Al Warsan First

P-24 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 66 units: studios, 1-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 537 per sq ft.

P-24 is one of 319 buildings in Al Warsan First: 289 are complete and 13 are still being built.

• 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 1,040 sq ft
• Service charge from AED 7.94 per sq ft
• Centrepoint metro station 7.7 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 537

Median gross yield

10.0%

Service charge

AED 7.94 per sq ft (2018)

Nearest metro

International City 1, 0.9 km

Price ranges from the most recent registered sales, by unit type:

• Studios: AED 100.0K to AED 357.0K (484 sq ft), across 11 sales
• 1-bedroom apartments: AED 300.0K to AED 525.0K (721 to 1,044 sq ft), across 8 sales

A recent 1-bedroom contract in P-24 was let for AED 42.0K a year.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 42.0K a year (732 sq ft)

Every sale in P-24Every rent contract in P-24

The 2018 service charge in P-24 is AED 7.94 per sq ft for homes, AED 7.98 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.

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

The nearest Dubai Metro station from P-24 is Centrepoint (red line, 7.7 km, about 17 min drive). Stations planned on new lines nearby include International City 1 (blue line, 0.9 km, about 11 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 · 0.9 km · about 11 min walk
• International City 2Blue line · 1.5 km · about 5 min drive
• Dragon MartBlue line · 1.7 km · about 5 min drive
• Al WarqaBlue line · 3.2 km · about 8 min drive
• Dubai Silicon OasisBlue line · 3.9 km · about 10 min drive
• Auto MarketBlue line · 4.3 km · about 11 min drive

The closest is Spinneys / International City, France Cluster, 0.3 km from P-24 (about 4 min walk).

• Spinneys / International City, France ClusterSupermarket · 0.3 km · about 4 min walk
• Lulu Express / France Cluster, International CitySupermarket · 0.3 km · about 4 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 km · about 14 min drive

The closest is The Osteopathic Health Centre, 7.2 km from P-24 (about 16 min drive).

• The Osteopathic Health CentreHospital · 7.2 km · about 16 min drive

The closest is Mushrif Park, 7.4 km from P-24 (about 17 min drive).

• Mushrif ParkPark · 7.4 km · about 17 min drive

The nearest is Newlands School, 2 km away. Ratings are the KHDA's latest inspection grades.

• Newlands SchoolUK · KHDA: Good · 2 km
• Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.6 km
• Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.6 km
• International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2.7 km
• Primus Private School L.L.CIndian · KHDA: Good · 2.8 km
• GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 2.9 km

Al Warsan First has 319 buildings. A few others to compare P-24 with:

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  10-02

  Al Warsan First · Nakheel

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  10-03

  Al Warsan First · Nakheel

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• Ready

  10-04

  Al Warsan First · Nakheel

  Completed 2012

• Ready

  10-06

  Al Warsan First · Nakheel

  Completed 2012

• Ready

  10-08

  Al Warsan First · Nakheel

  Completed 2012

• Ready

  10-09

  Al Warsan First · Nakheel

  Completed 2012