ReadyReady building · Nakheel
U01, Al Warsan First
Highlights
U01 at a glance
About U01
U01 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 112 units: studios, 1-bedroom apartments, commercial units.
The building was completed in 2012 and has been in use for about 14 years. 4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 545 per sq ft.
U01 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 420 to 970 sq ft
- Service charge from AED 6.35 per sq ft
- Centrepoint metro station 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 545
- Median gross yield
- 10.1%
- Service charge
- AED 6.54 per sq ft (2018)
- Nearest metro
- International City 1, 0.9 km
Building details
Inside U01
Properties in U01
Studios in U01
There are about 52 of these in U01, from 480 to 820 sq ft. They have recently sold for a median of AED 323.0K, or AED 670 per sq ft.
1-bedroom apartments in U01
There are about 40 of these in U01, from 730 sq ft. None has sold recently enough to quote a price.
Commercial units in U01
There are about 20 of these in U01, from 420 to 970 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 52 | 480 sqft44.6 sqmt – 820 sqft76.2 sqmt | AED 323K | AED 34K |
| 1 Bed | 40 | 730 sqft67.8 sqmt | No recent sales | – |
| Commercial | 20 | 420 sqft39 sqmt – 970 sqft90.1 sqmt | No recent sales | – |
Sale trends in U01
Median sale price
AED 320K
Median per sq ft
AED 545
Median gross yield
10.1%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 238.0K to AED 380.0K (484 to 818 sq ft), across 13 sales
- 1-bedroom apartments: AED 300.0K to AED 405.0K (732 sq ft), across 7 sales
Rental trends in U01
A recent studio contract in U01 was let for AED 34.0K a year.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 34.0K a year (624 sq ft)
Recent transactions in U01
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| U-01, Italy Cluster, International CityReadyApartment | AED 300,000AED 929 /sqftAED 10,000 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 330,000AED 682 /sqftAED 7,341 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 315,000AED 651 /sqftAED 7,007 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 380,000AED 465 /sqftAED 5,005 /sqmt | 818 sqft76 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 405,000AED 553 /sqftAED 5,952 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 325,000AED 671 /sqftAED 7,223 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 342,000AED 707 /sqftAED 7,610 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 373,500AED 510 /sqftAED 5,490 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 355,000AED 485 /sqftAED 5,220 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 385,000AED 526 /sqftAED 5,662 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 385,000AED 526 /sqftAED 5,662 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 300,000AED 410 /sqftAED 4,413 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 260,000AED 537 /sqftAED 5,780 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 238,000AED 492 /sqftAED 5,296 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 244,000AED 504 /sqftAED 5,425 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-01, Italy Cluster, International CityReadyApartment | AED 335,000AED 458 /sqftAED 4,930 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
U-01, Italy Cluster
International City
AED 300K
AED 929 /sqftAED 10,000 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner25 Jul 2026U-01, Italy Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner22 Dec 2025U-01, Italy Cluster
International City
AED 315K
AED 651 /sqftAED 7,007 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner15 Dec 2025U-01, Italy Cluster
International City
AED 380K
AED 465 /sqftAED 5,005 /sqmt
ReadyApartment818 sqft76 sqmtStudioOwner12 Nov 2025U-01, Italy Cluster
International City
AED 405K
AED 553 /sqftAED 5,952 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner28 Oct 2025U-01, Italy Cluster
International City
AED 325K
AED 671 /sqftAED 7,223 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner30 Jul 2025U-01, Italy Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner28 Feb 2025U-01, Italy Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner5 Feb 2025U-01, Italy Cluster
International City
AED 342K
AED 707 /sqftAED 7,610 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner21 Jan 2025U-01, Italy Cluster
International City
AED 373.5K
AED 510 /sqftAED 5,490 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner20 Nov 2024U-01, Italy Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner7 Nov 2024U-01, Italy Cluster
International City
AED 355K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner21 Aug 2024U-01, Italy Cluster
International City
AED 385K
AED 526 /sqftAED 5,662 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner16 Aug 2024U-01, Italy Cluster
International City
AED 385K
AED 526 /sqftAED 5,662 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner20 May 2024U-01, Italy Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner8 Feb 2024U-01, Italy Cluster
International City
AED 300K
AED 410 /sqftAED 4,413 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner1 Feb 2024U-01, Italy Cluster
International City
AED 260K
AED 537 /sqftAED 5,780 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner19 Jan 2024U-01, Italy Cluster
International City
AED 238K
AED 492 /sqftAED 5,296 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner6 Dec 2023U-01, Italy Cluster
International City
AED 244K
AED 504 /sqftAED 5,425 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner1 Nov 2023U-01, Italy Cluster
International City
AED 335K
AED 458 /sqftAED 4,930 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner12 Sept 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| U-01, Italy Cluster, International CityApartmentNew contract | AED 34,000 | 624 sqft58 sqmtStudio | to |
U-01, Italy Cluster
International City
AED 34K/yr
ApartmentNew contract624 sqft58 sqmtStudioto
Service charges in U01
The 2018 service charge in U01 is AED 6.54 per sq ft for homes, AED 6.35 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 6.54 | 730 sqft67.8 sqmt | AED 4,774 – AED 4,774 |
| Retail (2018) | AED 6.35 | 420 sqft39 sqmt – 970 sqft90.1 sqmt | AED 2,667 – AED 6,160 |
| Studio Apartment (2018) | AED 6.54 | 480 sqft44.6 sqmt – 820 sqft76.2 sqmt | AED 3,139 – AED 5,363 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around U01
Transportation near U01
The nearest Dubai Metro station from U01 is Centrepoint (red line, 7 km, about 16 min drive). Stations planned on new lines nearby include International City 1 (blue line, 0.9 km, about 11 min walk) and Dragon Mart (blue line, 1 km, about 12 min walk). Most residents will drive or take a taxi to the metro.
- International City 1Blue line · 0.9 km · about 11 min walk
- Dragon MartBlue line · 1 km · about 12 min walk
- International City 2Blue line · 2.1 km · about 6 min drive
- Al WarqaBlue line · 2.5 km · about 7 min drive
- Auto MarketBlue line · 3.9 km · about 10 min drive
- Dubai Silicon OasisBlue line · 4.4 km · about 11 min drive
Shopping and groceries near U01
The closest is Lulu Express / France Cluster, International City, 0.9 km from U01 (about 11 min walk).
- Lulu Express / France Cluster, International CitySupermarket · 0.9 km · about 11 min walk
- Spinneys / International City, France ClusterSupermarket · 1 km · about 12 min walk
- Dragon MartShopping Mall · 1.9 km · about 6 min drive
- Century MallShopping Mall · 5.4 km · about 13 min drive
- Mirdif City CentreShopping Mall · 5.4 km · about 13 min drive
Restaurants and hotels near U01
The closest is Intercontinental Dubai Festival City, 8 km from U01 (about 18 min drive).
- Intercontinental Dubai Festival CityHotel · 8 km · about 18 min drive
Hospitals and clinics near U01
The closest is The Osteopathic Health Centre, 6.7 km from U01 (about 15 min drive).
- The Osteopathic Health CentreHospital · 6.7 km · about 15 min drive
Parks and leisure near U01
The closest is Mushrif Park, 7.1 km from U01 (about 16 min drive).
- Mushrif ParkPark · 7.1 km · about 16 min drive
Schools near U01
The nearest is Newlands School, 1.3 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 1.3 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 1.9 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2 km
- Primus Private School L.L.CIndian · KHDA: Good · 2.1 km
- International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 2.4 km
- Cedar School L.L.CUK · KHDA: Acceptable · 2.4 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare U01 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about U01
In its favour
- A median gross yield of 10.1% 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 km away, so a car helps.
FAQs
U01: questions answered
Buying, selling or renting in U01?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.