ReadyReady building · Nakheel
U02, Al Warsan First
Highlights
U02 at a glance
About U02
U02 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 112 units: studios, 1-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
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 540 per sq ft.
U02 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
- Views: Community View
- Service charge from AED 5.27 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 278.0K
- Median price per sq ft
- AED 540
- Median gross yield
- 10.6%
- Service charge
- AED 5.46 per sq ft (2018)
- Nearest metro
- International City 1, 0.9 km
Building details
Inside U02
Properties in U02
Studios in U02
There are about 52 of these in U02, from 480 to 820 sq ft. They have recently sold for a median of AED 280.0K, or AED 580 per sq ft.
1-bedroom apartments in U02
There are about 40 of these in U02, from 730 sq ft. They have recently sold for a median of AED 430.0K, or AED 590 per sq ft.
Commercial units in U02
There are about 20 of these in U02, from 420 to 970 sq ft. They have recently sold for a median of AED 795.0K, or AED 1,120 per sq ft.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 52 | 480 sqft44.6 sqmt – 820 sqft76.2 sqmt | AED 280K | – |
| 1 Bed | 40 | 730 sqft67.8 sqmt | AED 430K | AED 38K |
| Commercial | 20 | 420 sqft39 sqmt – 970 sqft90.1 sqmt | AED 795K | – |
Sale trends in U02
Median sale price
AED 320K
Median per sq ft
AED 540
Median gross yield
10.6%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 320.0K to AED 437.5K (732 sq ft), across 10 sales
- Studios: AED 250.0K to AED 320.0K (484 to 624 sq ft), across 10 sales
Rental trends in U02
A recent 1-bedroom contract in U02 was let for AED 38.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 38.0K a year (732 sq ft)
Recent transactions in U02
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| U-02, Italy Cluster, International CityReadyApartment | AED 280,000AED 579 /sqftAED 6,232 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 437,500AED 598 /sqftAED 6,437 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 430,000AED 587 /sqftAED 6,318 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 330,000AED 451 /sqftAED 4,855 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 386,989AED 529 /sqftAED 5,694 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 315,000AED 651 /sqftAED 7,007 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 405,000AED 553 /sqftAED 5,952 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 310,000AED 640 /sqftAED 6,889 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 250,000AED 517 /sqftAED 5,565 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 290,000AED 599 /sqftAED 6,448 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 370,272AED 506 /sqftAED 5,447 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 260,000AED 537 /sqftAED 5,780 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 320,000AED 437 /sqftAED 4,704 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 350,000AED 478 /sqftAED 5,145 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 395,000AED 540 /sqftAED 5,813 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 395,000AED 540 /sqftAED 5,813 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 320,000AED 513 /sqftAED 5,522 /sqmt | 624 sqft58 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 255,000AED 527 /sqftAED 5,673 /sqmt | 484 sqft45 sqmtStudio | Owner |
| U-02, Italy Cluster, International CityReadyApartment | AED 275,000AED 568 /sqftAED 6,114 /sqmt | 484 sqft45 sqmtStudio | Owner |
U-02, Italy Cluster
International City
AED 280K
AED 579 /sqftAED 6,232 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner7 Oct 2026U-02, Italy Cluster
International City
AED 437.5K
AED 598 /sqftAED 6,437 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner5 May 2026U-02, Italy Cluster
International City
AED 430K
AED 587 /sqftAED 6,318 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner17 Apr 2026U-02, Italy Cluster
International City
AED 330K
AED 451 /sqftAED 4,855 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner14 Nov 2025U-02, Italy Cluster
International City
AED 387K
AED 529 /sqftAED 5,694 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner23 Jul 2025U-02, Italy Cluster
International City
AED 315K
AED 651 /sqftAED 7,007 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner29 May 2025U-02, Italy Cluster
International City
AED 405K
AED 553 /sqftAED 5,952 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner10 Mar 2025U-02, Italy Cluster
International City
AED 310K
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner2 Mar 2025U-02, Italy Cluster
International City
AED 250K
AED 517 /sqftAED 5,565 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner3 Feb 2025U-02, Italy Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner27 Jan 2025U-02, Italy Cluster
International City
AED 290K
AED 599 /sqftAED 6,448 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner23 Jan 2025U-02, Italy Cluster
International City
AED 370.3K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner23 Dec 2024U-02, Italy Cluster
International City
AED 260K
AED 537 /sqftAED 5,780 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner28 Oct 2024U-02, Italy Cluster
International City
AED 320K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner2 Oct 2024U-02, Italy Cluster
International City
AED 350K
AED 478 /sqftAED 5,145 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner14 Aug 2024U-02, Italy Cluster
International City
AED 395K
AED 540 /sqftAED 5,813 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner22 Apr 2024U-02, Italy Cluster
International City
AED 395K
AED 540 /sqftAED 5,813 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner22 Apr 2024U-02, Italy Cluster
International City
AED 320K
AED 513 /sqftAED 5,522 /sqmt
ReadyApartment624 sqft58 sqmtStudioOwner3 Apr 2024U-02, Italy Cluster
International City
AED 255K
AED 527 /sqftAED 5,673 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner21 Feb 2024U-02, Italy Cluster
International City
AED 275K
AED 568 /sqftAED 6,114 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner16 Feb 2024
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| U-02, Italy Cluster, International CityApartmentRenewal | AED 24,000 | 732 sqft68 sqmt1 Bed | to |
| U-02, Italy Cluster, International CityApartmentNew contract | AED 38,000 | 732 sqft68 sqmt1 Bed | to |
U-02, Italy Cluster
International City
AED 24K/yr
ApartmentRenewal732 sqft68 sqmt1 BedtoU-02, Italy Cluster
International City
AED 38K/yr
ApartmentNew contract732 sqft68 sqmt1 Bedto
Service charges in U02
The 2018 service charge in U02 is AED 5.46 per sq ft for homes, AED 5.27 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 5.46 | 730 sqft67.8 sqmt | AED 3,986 – AED 3,986 |
| Retail (2018) | AED 5.27 | 420 sqft39 sqmt – 970 sqft90.1 sqmt | AED 2,213 – AED 5,112 |
| Studio Apartment (2018) | AED 5.46 | 480 sqft44.6 sqmt – 820 sqft76.2 sqmt | AED 2,621 – AED 4,477 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around U02
Transportation near U02
The nearest Dubai Metro station from U02 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 · 4 km · about 10 min drive
- Dubai Silicon OasisBlue line · 4.4 km · about 11 min drive
Shopping and groceries near U02
The closest is Lulu Express / France Cluster, International City, 0.9 km from U02 (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 · 1.7 km · about 5 min drive
- Century MallShopping Mall · 5.4 km · about 13 min drive
- Mirdif City CentreShopping Mall · 5.4 km · about 13 min drive
Hospitals and clinics near U02
The closest is The Osteopathic Health Centre, 6.7 km from U02 (about 15 min drive).
- The Osteopathic Health CentreHospital · 6.7 km · about 15 min drive
Parks and leisure near U02
The closest is Mushrif Park, 7.1 km from U02 (about 16 min drive).
- Mushrif ParkPark · 7.1 km · about 16 min drive
Schools near U02
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 · 2 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 · 2.5 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare U02 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about U02
In its favour
- A median gross yield of 10.6% 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.
Specialists
Brokers who know U02
These brokers handle sales and lettings in U02 and can tell you what is available now.
Khurram Shahzad
Property Advisor
FAQs
U02: questions answered
Buying, selling or renting in U02?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.