ReadyReady building · Nakheel
Y-02, Al Warsan First
Highlights
Y-02 at a glance
About Y-02
Y-02 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. 4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 521 per sq ft.
Y-02 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 1,020 sq ft
- Service charge from AED 10.84 per sq ft
- Centrepoint metro station 6.5 km away
- Status
- Ready
- Developer
- Nakheel
- Location
- Al Warsan First, Dubai
- Completed
- Q1 2012
- Unit types
- Studio, 1 Bed, Commercial
- Prices from
- AED 262.0K
- Median price per sq ft
- AED 521
- Median gross yield
- 10.7%
- Service charge
- AED 11.88 per sq ft (2025)
- Nearest metro
- Dragon Mart, 0.5 km
Building details
Inside Y-02
Properties in Y-02
Studios in Y-02
There are about 24 of these in Y-02, from 480 sq ft. They have recently sold for a median of AED 330.0K, or AED 680 per sq ft.
1-bedroom apartments in Y-02
There are about 20 of these in Y-02, from 720 to 910 sq ft. They have recently sold for a median of AED 435.0K, or AED 600 per sq ft.
Commercial units in Y-02
There are about 8 of these in Y-02, from 370 to 1,020 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 24 | 480 sqft44.6 sqmt | AED 330K | AED 30.5K |
| 1 Bed | 20 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 435K | AED 43.5K |
| Commercial | 8 | 370 sqft34.4 sqmt – 1,020 sqft94.8 sqmt | No recent sales | – |
Sale trends in Y-02
Median sale price
AED 300K
Median per sq ft
AED 521
Median gross yield
10.7%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 100.0K to AED 335.0K (484 sq ft), across 12 sales
- 1-bedroom apartments: AED 320.0K to AED 480.0K (721 to 915 sq ft), across 8 sales
Rental trends in Y-02
Studio homes in Y-02 were let for AED 28.0K to AED 150.0K a year across 4 recent contracts, with a median of AED 30.5K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 28.0K to AED 150.0K a year (484 sq ft), across 4 contracts
- 1-bedroom apartments: AED 42.0K to AED 45.0K a year (721 sq ft), across 2 contracts
Recent transactions in Y-02
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Y-02, England Cluster, International CityReadyApartment | AED 330,000AED 682 /sqftAED 7,341 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 435,000AED 603 /sqftAED 6,491 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 450,000AED 624 /sqftAED 6,717 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 430,000AED 596 /sqftAED 6,415 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 335,000AED 692 /sqftAED 7,449 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 480,000AED 525 /sqftAED 5,651 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 430,000AED 470 /sqftAED 5,059 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 280,000AED 579 /sqftAED 6,232 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 100,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 340,000AED 372 /sqftAED 4,004 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 275,000AED 568 /sqftAED 6,114 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 250,000AED 517 /sqftAED 5,565 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 240,000AED 496 /sqftAED 5,339 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 370,000AED 404 /sqftAED 4,349 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 231,000AED 477 /sqftAED 5,134 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 320,000AED 350 /sqftAED 3,767 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 220,000AED 455 /sqftAED 4,898 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-02, England Cluster, International CityReadyApartment | AED 200,000AED 413 /sqftAED 4,445 /sqmt | 484 sqft45 sqmtStudio | Owner |
Y-02, England Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 Oct 2026Y-02, England Cluster
International City
AED 435K
AED 603 /sqftAED 6,491 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner27 Jul 2026Y-02, England Cluster
International City
AED 450K
AED 624 /sqftAED 6,717 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner6 Feb 2026Y-02, England Cluster
International City
AED 430K
AED 596 /sqftAED 6,415 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner24 Dec 2025Y-02, England Cluster
International City
AED 335K
AED 692 /sqftAED 7,449 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner29 Aug 2025Y-02, England Cluster
International City
AED 480K
AED 525 /sqftAED 5,651 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner1 Jul 2025Y-02, England Cluster
International City
AED 430K
AED 470 /sqftAED 5,059 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner12 Mar 2025Y-02, England Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner8 Oct 2024Y-02, England Cluster
International City
AED 280K
AED 579 /sqftAED 6,232 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner5 Jun 2024Y-02, England Cluster
International City
AED 100K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner4 Jun 2024Y-02, England Cluster
International City
AED 340K
AED 372 /sqftAED 4,004 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner7 Mar 2024Y-02, England Cluster
International City
AED 275K
AED 568 /sqftAED 6,114 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner20 Feb 2024Y-02, England Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner1 Dec 2023Y-02, England Cluster
International City
AED 250K
AED 517 /sqftAED 5,565 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner30 Oct 2023Y-02, England Cluster
International City
AED 240K
AED 496 /sqftAED 5,339 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner19 Oct 2023Y-02, England Cluster
International City
AED 370K
AED 404 /sqftAED 4,349 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner23 Aug 2023Y-02, England Cluster
International City
AED 231K
AED 477 /sqftAED 5,134 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Apr 2023Y-02, England Cluster
International City
AED 320K
AED 350 /sqftAED 3,767 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner23 Mar 2023Y-02, England Cluster
International City
AED 220K
AED 455 /sqftAED 4,898 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner14 Mar 2023Y-02, England Cluster
International City
AED 200K
AED 413 /sqftAED 4,445 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner6 Feb 2023
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Y-02, England Cluster, International CityApartmentNew contract | AED 150,000 | 484 sqft45 sqmtStudio | to |
| Y-02, England Cluster, International CityApartmentRenewal | AED 28,000 | 484 sqft45 sqmtStudio | to |
| Y-02, England Cluster, International CityApartmentNew contract | AED 45,000 | 721 sqft67 sqmt1 Bed | to |
| Y-02, England Cluster, International CityApartmentRenewal | AED 32,000 | 484 sqft45 sqmtStudio | to |
| Y-02, England Cluster, International CityApartmentNew contract | AED 42,000 | 721 sqft67 sqmt1 Bed | to |
| Y-02, England Cluster, International CityApartmentNew contract | AED 29,000 | 484 sqft45 sqmtStudio | to |
Y-02, England Cluster
International City
AED 150K/yr
ApartmentNew contract484 sqft45 sqmtStudiotoY-02, England Cluster
International City
AED 28K/yr
ApartmentRenewal484 sqft45 sqmtStudiotoY-02, England Cluster
International City
AED 45K/yr
ApartmentNew contract721 sqft67 sqmt1 BedtoY-02, England Cluster
International City
AED 32K/yr
ApartmentRenewal484 sqft45 sqmtStudiotoY-02, England Cluster
International City
AED 42K/yr
ApartmentNew contract721 sqft67 sqmt1 BedtoY-02, England Cluster
International City
AED 29K/yr
ApartmentNew contract484 sqft45 sqmtStudioto
Service charges in Y-02
The 2025 service charge in Y-02 is AED 11.88 per sq ft for homes, AED 10.84 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 (2025) | AED 11.88 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 8,554 – AED 10,811 |
| Retail (2025) | AED 10.84 | 370 sqft34.4 sqmt – 1,020 sqft94.8 sqmt | AED 4,011 – AED 11,057 |
| Studio Apartment (2025) | AED 11.88 | 480 sqft44.6 sqmt | AED 5,702 – AED 5,702 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Y-02
Transportation near Y-02
The nearest Dubai Metro station from Y-02 is Centrepoint (red line, 6.5 km, about 15 min drive). Stations planned on new lines nearby include Dragon Mart (blue line, 0.5 km, about 6 min walk) and International City 1 (blue line, 1.5 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- Dragon MartBlue line · 0.5 km · about 6 min walk
- International City 1Blue line · 1.5 km · about 5 min drive
- Al WarqaBlue line · 1.9 km · about 6 min drive
- International City 2Blue line · 2.7 km · about 7 min drive
- Auto MarketBlue line · 4.1 km · about 10 min drive
- Ras Al Khor StationBlue line · 4.7 km · about 11 min drive
Shopping and groceries near Y-02
The closest is Dragon Mart, 1.4 km from Y-02 (about 5 min drive).
- Dragon MartShopping Mall · 1.4 km · about 5 min drive
- Lulu Express / France Cluster, International CitySupermarket · 1.5 km · about 5 min drive
- Spinneys / International City, France ClusterSupermarket · 1.6 km · about 5 min drive
- Century MallShopping Mall · 4.8 km · about 12 min drive
- Mirdif City CentreShopping Mall · 4.8 km · about 12 min drive
Restaurants and hotels near Y-02
The closest is Intercontinental Dubai Festival City, 7.7 km from Y-02 (about 17 min drive).
- Intercontinental Dubai Festival CityHotel · 7.7 km · about 17 min drive
- Crowne Plaza Dubai Festival CityHotel · 7.9 km · about 18 min drive
Hospitals and clinics near Y-02
The closest is The Osteopathic Health Centre, 6.1 km from Y-02 (about 14 min drive).
- The Osteopathic Health CentreHospital · 6.1 km · about 14 min drive
Parks and leisure near Y-02
The closest is Mushrif Park, 6.5 km from Y-02 (about 15 min drive).
- Mushrif ParkPark · 6.5 km · about 15 min drive
Schools near Y-02
The nearest is Newlands School, 0.8 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 0.8 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 1.4 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 1.4 km
- Primus Private School L.L.CIndian · KHDA: Good · 1.5 km
- International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 1.8 km
- Cedar School L.L.CUK · KHDA: Acceptable · 1.9 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare Y-02 with:
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Things to consider about Y-02
In its favour
- A median gross yield of 10.7% 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 6.5 km away, so a car helps.
FAQs
Y-02: questions answered
Buying, selling or renting in Y-02?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.