ReadyReady building · Nakheel
P15, Al Warsan First
Highlights
P15 at a glance
About P15
P15 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 95 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 512 per sq ft.
P15 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 410 to 850 sq ft
- Service charge from AED 7.85 per sq ft
- Centrepoint metro station 8 km away
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 258.0K
- Median price per sq ft
- AED 512
- Median gross yield
- 10.2%
- Service charge
- AED 7.92 per sq ft (2018)
- Nearest metro
- International City 1, 1 km
Building details
Inside P15
Properties in P15
Studios in P15
There are about 39 of these in P15, from 480 sq ft. They have recently sold for a median of AED 365.0K, or AED 750 per sq ft.
1-bedroom apartments in P15
There are about 33 of these in P15, from 720 to 850 sq ft. They have recently sold for a median of AED 428.0K, or AED 580 per sq ft.
Commercial units in P15
There are about 23 of these in P15, from 410 to 740 sq ft. They have recently sold for a median of AED 630.0K, or AED 870 per sq ft.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 39 | 480 sqft44.6 sqmt | AED 365K | AED 24K |
| 1 Bed | 33 | 720 sqft66.9 sqmt – 850 sqft79 sqmt | AED 428K | AED 40K |
| Commercial | 23 | 410 sqft38.1 sqmt – 740 sqft68.7 sqmt | AED 630K | – |
Sale trends in P15
Median sale price
AED 331K
Median per sq ft
AED 512
Median gross yield
10.2%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 310.0K to AED 458.0K (721 to 850 sq ft), across 11 sales
- Studios: AED 210.0K to AED 370.0K (484 sq ft), across 9 sales
Rental trends in P15
Studio homes in P15 were let for AED 24.0K to AED 24.0K a year across 2 recent contracts, with a median of AED 24.0K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 24.0K to AED 24.0K a year (484 sq ft), across 2 contracts
- 1-bedroom apartments: AED 40.0K a year (721 sq ft)
Recent transactions in P15
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| P-15, France Cluster, International CityReadyApartment | AED 430,000AED 579 /sqftAED 6,232 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 425,000AED 572 /sqftAED 6,157 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 360,000AED 744 /sqftAED 8,008 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 370,000AED 764 /sqftAED 8,224 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 430,000AED 596 /sqftAED 6,415 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 330,000AED 682 /sqftAED 7,341 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 332,000AED 686 /sqftAED 7,384 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 458,000AED 539 /sqftAED 5,802 /sqmt | 850 sqft79 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 250,000AED 517 /sqftAED 5,565 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 350,000AED 485 /sqftAED 5,220 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 350,000AED 485 /sqftAED 5,220 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 345,000AED 479 /sqftAED 5,156 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 245,000AED 506 /sqftAED 5,447 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 330,000AED 444 /sqftAED 4,779 /sqmt | 743 sqft69 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 210,000AED 434 /sqftAED 4,672 /sqmt | 484 sqft45 sqmtStudio | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 317,000AED 440 /sqftAED 4,736 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 310,000AED 430 /sqftAED 4,628 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 315,000AED 437 /sqftAED 4,704 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| P-15, France Cluster, International CityReadyApartment | AED 212,000AED 438 /sqftAED 4,715 /sqmt | 484 sqft45 sqmtStudio | Owner |
P-15, France Cluster
International City
AED 430K
AED 579 /sqftAED 6,232 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner15 Oct 2026P-15, France Cluster
International City
AED 425K
AED 572 /sqftAED 6,157 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner10 Aug 2026P-15, France Cluster
International City
AED 360K
AED 744 /sqftAED 8,008 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Feb 2026P-15, France Cluster
International City
AED 370K
AED 764 /sqftAED 8,224 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Feb 2026P-15, France Cluster
International City
AED 430K
AED 596 /sqftAED 6,415 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner4 Sept 2025P-15, France Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner19 Aug 2025P-15, France Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner7 Aug 2025P-15, France Cluster
International City
AED 332K
AED 686 /sqftAED 7,384 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner16 Jun 2025P-15, France Cluster
International City
AED 458K
AED 539 /sqftAED 5,802 /sqmt
ReadyApartment850 sqft79 sqmt1 BedOwner26 May 2025P-15, France Cluster
International City
AED 250K
AED 517 /sqftAED 5,565 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner23 Sept 2024P-15, France Cluster
International City
AED 350K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner8 Dec 2023P-15, France Cluster
International City
AED 350K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner26 Jun 2023P-15, France Cluster
International City
AED 345K
AED 479 /sqftAED 5,156 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner16 May 2023P-15, France Cluster
International City
AED 245K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner14 Apr 2023P-15, France Cluster
International City
AED 330K
AED 444 /sqftAED 4,779 /sqmt
ReadyApartment743 sqft69 sqmt1 BedOwner7 Nov 2022P-15, France Cluster
International City
AED 210K
AED 434 /sqftAED 4,672 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Oct 2022P-15, France Cluster
International City
AED 317K
AED 440 /sqftAED 4,736 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner28 Jun 2022P-15, France Cluster
International City
AED 310K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner28 Apr 2022P-15, France Cluster
International City
AED 315K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner24 Nov 2021P-15, France Cluster
International City
AED 212K
AED 438 /sqftAED 4,715 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner7 Apr 2021
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| P-15, France Cluster, International CityApartmentNew contract | AED 40,000 | 721 sqft67 sqmt1 Bed | to |
| P-15, France Cluster, International CityApartmentRenewal | AED 24,000 | 484 sqft45 sqmtStudio | to |
| P-15, France Cluster, International CityApartmentNew contract | AED 24,000 | 484 sqft45 sqmtStudio | to |
P-15, France Cluster
International City
AED 40K/yr
ApartmentNew contract721 sqft67 sqmt1 BedtoP-15, France Cluster
International City
AED 24K/yr
ApartmentRenewal484 sqft45 sqmtStudiotoP-15, France Cluster
International City
AED 24K/yr
ApartmentNew contract484 sqft45 sqmtStudioto
Service charges in P15
The 2018 service charge in P15 is AED 7.92 per sq ft for homes, AED 7.85 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 7.92 | 720 sqft66.9 sqmt – 850 sqft79 sqmt | AED 5,702 – AED 6,732 |
| Retail (2018) | AED 7.85 | 410 sqft38.1 sqmt – 740 sqft68.7 sqmt | AED 3,219 – AED 5,809 |
| Studio Apartment (2018) | AED 7.92 | 480 sqft44.6 sqmt | AED 3,802 – AED 3,802 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around P15
Transportation near P15
The nearest Dubai Metro station from P15 is Centrepoint (red line, 8 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, 1.4 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 · 1.4 km · about 5 min drive
- Dragon MartBlue line · 1.9 km · about 6 min drive
- Al WarqaBlue line · 3.4 km · about 9 min drive
- Dubai Silicon OasisBlue line · 3.7 km · about 9 min drive
- Auto MarketBlue line · 4.5 km · about 11 min drive
Shopping and groceries near P15
The closest is Spinneys / International City, France Cluster, 0.3 km from P15 (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 · 2 km · about 6 min drive
- Spinneys / Dubai Silicon OasisSupermarket · 5.7 km · about 13 min drive
- Mirdif City CentreShopping Mall · 6.3 km · about 15 min drive
Hospitals and clinics near P15
The closest is The Osteopathic Health Centre, 7.4 km from P15 (about 17 min drive).
- The Osteopathic Health CentreHospital · 7.4 km · about 17 min drive
Parks and leisure near P15
The closest is Mushrif Park, 7.5 km from P15 (about 17 min drive).
- Mushrif ParkPark · 7.5 km · about 17 min drive
Schools near P15
The nearest is Newlands School, 2.3 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 2.3 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 · 2.9 km
- Primus Private School L.L.CIndian · KHDA: Good · 3 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 P15 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about P15
In its favour
- A median gross yield of 10.2% 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 8 km away, so a car helps.
FAQs
P15: questions answered
Buying, selling or renting in P15?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.