ReadyReady building · Nakheel
P01, Al Warsan First
Highlights
P01 at a glance
About P01
P01 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. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 563 per sq ft.
P01 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 9.29 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 263.0K
- Median price per sq ft
- AED 563
- Median gross yield
- 10.5%
- Service charge
- AED 9.48 per sq ft (2018)
- Nearest metro
- International City 1, 0.9 km
Building details
Inside P01
Properties in P01
Studios in P01
There are about 24 of these in P01, from 460 to 480 sq ft. They have recently sold for a median of AED 350.0K, or AED 720 per sq ft. Owners who resold made a median 9% over what they paid.
1-bedroom apartments in P01
There are about 20 of these in P01, from 720 to 910 sq ft. They have recently sold for a median of AED 467.0K, or AED 630 per sq ft. Owners who resold made a median 4% over what they paid.
Commercial units in P01
There are about 8 of these in P01, from 370 to 980 sq ft. They have recently sold for a median of AED 552.0K, or AED 1,510 per sq ft.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 24 | 460 sqft42.7 sqmt – 480 sqft44.6 sqmt | AED 350K | – |
| 1 Bed | 20 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 467K | AED 36K |
| Commercial | 8 | 370 sqft34.4 sqmt – 980 sqft91 sqmt | AED 552K | – |
Sale trends in P01
Median sale price
AED 321K
Median per sq ft
AED 563
Median gross yield
10.5%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 200.0K to AED 355.0K (463 to 484 sq ft), across 13 sales
- 1-bedroom apartments: AED 340.0K to AED 467.0K (721 to 915 sq ft), across 7 sales
Rental trends in P01
A recent 1-bedroom contract in P01 was let for AED 36.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 36.0K a year (743 sq ft)
Recent transactions in P01
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| P-01, France Cluster, International CityReadyApartment | AED 320,000AED 691 /sqftAED 7,438 /sqmt | 463 sqft43 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 350,000AED 723 /sqftAED 7,782 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 467,000AED 629 /sqftAED 6,770 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 355,000AED 767 /sqftAED 8,256 /sqmt | 463 sqft43 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 440,000AED 592 /sqftAED 6,372 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 460,000AED 503 /sqftAED 5,414 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 250,000AED 517 /sqftAED 5,565 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 322,000AED 665 /sqftAED 7,158 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 383,000AED 515 /sqftAED 5,543 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 275,000AED 568 /sqftAED 6,114 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 275,000AED 568 /sqftAED 6,114 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 282,000AED 583 /sqftAED 6,275 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 275,000AED 568 /sqftAED 6,114 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 354,000AED 491 /sqftAED 5,285 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 245,000AED 506 /sqftAED 5,447 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 345,000AED 464 /sqftAED 4,994 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 200,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 340,000AED 458 /sqftAED 4,930 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-01, France Cluster, International CityReadyApartment | AED 225,000AED 486 /sqftAED 5,231 /sqmt | 463 sqft43 sqmtStudio | Owner |
P-01, France Cluster
International City
AED 320K
AED 691 /sqftAED 7,438 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner7 Sept 2026P-01, France Cluster
International City
AED 350K
AED 723 /sqftAED 7,782 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner6 May 2026P-01, France Cluster
International City
AED 467K
AED 629 /sqftAED 6,770 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner8 Apr 2026P-01, France Cluster
International City
AED 355K
AED 767 /sqftAED 8,256 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner4 Dec 2025P-01, France Cluster
International City
AED 440K
AED 592 /sqftAED 6,372 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner12 Sept 2025P-01, France Cluster
International City
AED 460K
AED 503 /sqftAED 5,414 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner3 Jun 2025P-01, France Cluster
International City
AED 250K
AED 517 /sqftAED 5,565 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner6 Feb 2025P-01, France Cluster
International City
AED 322K
AED 665 /sqftAED 7,158 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 Nov 2024P-01, France Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner29 Mar 2024P-01, France Cluster
International City
AED 383K
AED 515 /sqftAED 5,543 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner29 Mar 2024P-01, France Cluster
International City
AED 275K
AED 568 /sqftAED 6,114 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner29 Feb 2024P-01, France Cluster
International City
AED 275K
AED 568 /sqftAED 6,114 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner26 Feb 2024P-01, France Cluster
International City
AED 282K
AED 583 /sqftAED 6,275 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner20 Feb 2024P-01, France Cluster
International City
AED 275K
AED 568 /sqftAED 6,114 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner9 Jan 2024P-01, France Cluster
International City
AED 354K
AED 491 /sqftAED 5,285 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner4 Sept 2023P-01, France Cluster
International City
AED 245K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner14 Jun 2023P-01, France Cluster
International City
AED 345K
AED 464 /sqftAED 4,994 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner1 Jun 2023P-01, France Cluster
International City
AED 200K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 May 2023P-01, France Cluster
International City
AED 340K
AED 458 /sqftAED 4,930 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner12 May 2023P-01, France Cluster
International City
AED 225K
AED 486 /sqftAED 5,231 /sqmt
ReadyApartment463 sqft43 sqmtStudioOwner3 Feb 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| P-01, France Cluster, International CityApartmentNew contract | AED 36,000 | 743 sqft69 sqmt1 Bed | to |
P-01, France Cluster
International City
AED 36K/yr
ApartmentNew contract743 sqft69 sqmt1 Bedto
Service charges in P01
The 2018 service charge in P01 is AED 9.48 per sq ft for homes, AED 9.29 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 9.48 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 6,826 – AED 8,627 |
| Retail (2018) | AED 9.29 | 370 sqft34.4 sqmt – 980 sqft91 sqmt | AED 3,437 – AED 9,104 |
| Studio Apartment (2018) | AED 9.48 | 460 sqft42.7 sqmt – 480 sqft44.6 sqmt | AED 4,361 – AED 4,550 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around P01
Transportation near P01
The nearest Dubai Metro station from P01 is Centrepoint (red line, 7.8 km, about 18 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 · 1.8 km · about 6 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 · 4.4 km · about 11 min drive
Shopping and groceries near P01
The closest is Spinneys / International City, France Cluster, 0.3 km from P01 (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 · 5.8 km · about 14 min drive
- Century MallShopping Mall · 6.1 km · about 14 min drive
Hospitals and clinics near P01
The closest is The Osteopathic Health Centre, 7.3 km from P01 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.3 km · about 17 min drive
Parks and leisure near P01
The closest is Mushrif Park, 7.4 km from P01 (about 17 min drive).
- Mushrif ParkPark · 7.4 km · about 17 min drive
Schools near P01
The nearest is Newlands School, 2.1 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 2.1 km
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.7 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.7 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 · 3 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare P01 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about P01
In its favour
- Owners who resold have made money: a median gain of up to 9%.
- A median gross yield of 10.5% 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
P01: questions answered
Buying, selling or renting in P01?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.