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Ready building · Nakheel

Y01, Al Warsan First

Highlights

Y01 at a glance

About Y01

Y01 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. 7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 605 per sq ft.

Y01 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 10.76 per sq ft
  • Centrepoint metro station 6.4 km away
Status
Ready
Developer
Nakheel
Location
Al Warsan First, Dubai
Completed
Q1 2012
Unit types
Studio, 1 Bed, Commercial
Prices from
AED 260.0K
Median price per sq ft
AED 605
Median gross yield
11.3%
Service charge
AED 11.08 per sq ft (2018)
Nearest metro
Dragon Mart, 0.4 km

Building details

Inside Y01

Properties in Y01

Studios in Y01

There are about 24 of these in Y01, from 480 sq ft. They have recently sold for a median of AED 335.0K, or AED 690 per sq ft. Owners who resold made a median 6% over what they paid.

1-bedroom apartments in Y01

There are about 20 of these in Y01, from 720 to 910 sq ft. They have recently sold for a median of AED 450.0K, or AED 620 per sq ft. Owners who resold made a median 10% over what they paid.

Commercial units in Y01

There are about 8 of these in Y01, from 370 to 1,020 sq ft. None has sold recently enough to quote a price.

Unit types in Y01 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio24480 sqft44.6 sqmtAED 335K–
1 Bed20720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 450KAED 40K
Commercial8370 sqft34.4 sqmt – 1,020 sqft94.8 sqmtNo recent sales–

Recent transactions in Y01

  • Y-01, England Cluster

    International City

    AED 455K

    AED 631 /sqftAED 6,792 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner21 Oct 2026
  • Y-01, England Cluster

    International City

    AED 345K

    AED 713 /sqftAED 7,675 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner2 Sept 2026
  • Y-01, England Cluster

    International City

    AED 325K

    AED 671 /sqftAED 7,223 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner5 Aug 2026
  • Y-01, England Cluster

    International City

    AED 355K

    AED 733 /sqftAED 7,890 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner24 Feb 2026
  • Y-01, England Cluster

    International City

    AED 450K

    AED 624 /sqftAED 6,717 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner16 Feb 2026
  • Y-01, England Cluster

    International City

    AED 306.5K

    AED 633 /sqftAED 6,814 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner25 Dec 2025
  • Y-01, England Cluster

    International City

    AED 392.8K

    AED 545 /sqftAED 5,866 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner25 Dec 2025
  • Y-01, England Cluster

    International City

    AED 315K

    AED 651 /sqftAED 7,007 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner12 May 2025
  • Y-01, England Cluster

    International City

    AED 315K

    AED 651 /sqftAED 7,007 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner12 May 2025
  • Y-01, England Cluster

    International City

    AED 315K

    AED 651 /sqftAED 7,007 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner12 May 2025
  • Y-01, England Cluster

    International City

    AED 410K

    AED 569 /sqftAED 6,125 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner24 Apr 2025
  • Y-01, England Cluster

    International City

    AED 305K

    AED 630 /sqftAED 6,781 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner21 Oct 2024
  • Y-01, England Cluster

    International City

    AED 283K

    AED 585 /sqftAED 6,297 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner16 Sept 2024
  • Y-01, England Cluster

    International City

    AED 420K

    AED 459 /sqftAED 4,941 /sqmt

    ReadyApartment
    915 sqft85 sqmt1 BedOwner30 Apr 2024
  • Y-01, England Cluster

    International City

    AED 360K

    AED 499 /sqftAED 5,371 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner23 Feb 2024
  • Y-01, England Cluster

    International City

    AED 227K

    AED 469 /sqftAED 5,048 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner9 Jan 2024
  • Y-01, England Cluster

    International City

    AED 240K

    AED 496 /sqftAED 5,339 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner11 Sept 2023
  • Y-01, England Cluster

    International City

    AED 235K

    AED 486 /sqftAED 5,231 /sqmt

    ReadyApartment
    484 sqft45 sqmtStudioOwner3 May 2023
  • Y-01, England Cluster

    International City

    AED 280K

    AED 388 /sqftAED 4,176 /sqmt

    ReadyApartment
    721 sqft67 sqmt1 BedOwner23 Sept 2021
  • Y-01, England Cluster

    International City

    AED 305K

    AED 333 /sqftAED 3,584 /sqmt

    ReadyApartment
    915 sqft85 sqmt1 BedOwner15 Aug 2021
  • Y-01, England Cluster

    International City

    AED 40K/yr

    ApartmentNew contract
    721 sqft67 sqmt1 Bedto

Every sale in Y01Every rent contract in Y01

Service charges in Y01

The 2018 service charge in Y01 is AED 11.08 per sq ft for homes, AED 10.76 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.

Service charges in Y01
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 11.08720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 7,978 – AED 10,083
Retail (2018)AED 10.76370 sqft34.4 sqmt – 1,020 sqft94.8 sqmtAED 3,981 – AED 10,975
Studio Apartment (2018)AED 11.08480 sqft44.6 sqmtAED 5,318 – AED 5,318

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Y01

Transportation near Y01

The nearest Dubai Metro station from Y01 is Centrepoint (red line, 6.4 km, about 15 min drive). Stations planned on new lines nearby include Dragon Mart (blue line, 0.4 km, about 5 min walk) and International City 1 (blue line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • Dragon MartBlue line · 0.4 km · about 5 min walk
  • International City 1Blue line · 1.4 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 km · about 10 min drive
  • Ras Al Khor StationBlue line · 4.6 km · about 11 min drive

Shopping and groceries near Y01

The closest is Lulu Express / France Cluster, International City, 1.5 km from Y01 (about 5 min drive).

  • Lulu Express / France Cluster, International CitySupermarket · 1.5 km · about 5 min drive
  • Dragon MartShopping Mall · 1.6 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 Y01

The closest is Intercontinental Dubai Festival City, 7.6 km from Y01 (about 17 min drive).

  • Intercontinental Dubai Festival CityHotel · 7.6 km · about 17 min drive
  • Crowne Plaza Dubai Festival CityHotel · 7.7 km · about 17 min drive

Hospitals and clinics near Y01

The closest is The Osteopathic Health Centre, 6.1 km from Y01 (about 14 min drive).

  • The Osteopathic Health CentreHospital · 6.1 km · about 14 min drive

Parks and leisure near Y01

The closest is Mushrif Park, 6.6 km from Y01 (about 15 min drive).

  • Mushrif ParkPark · 6.6 km · about 15 min drive

Schools near Y01

The nearest is Newlands School, 0.7 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 0.7 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 1.3 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 Y01 with:

  • 10-02, Al Warsan FirstReady

    10-02

    Al Warsan First · Nakheel

    Completed 2012

  • 10-03, Al Warsan FirstReady

    10-03

    Al Warsan First · Nakheel

    Completed 2012

  • 10-04, Al Warsan FirstReady

    10-04

    Al Warsan First · Nakheel

    Completed 2012

  • 10-06, Al Warsan FirstReady

    10-06

    Al Warsan First · Nakheel

    Completed 2012

  • 10-08, Al Warsan FirstReady

    10-08

    Al Warsan First · Nakheel

    Completed 2012

  • 10-09, Al Warsan FirstReady

    10-09

    Al Warsan First · Nakheel

    Completed 2012

Things to consider about Y01

In its favour

  • Owners who resold have made money: a median gain of up to 10%.
  • A median gross yield of 11.3% 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 6.4 km away, so a car helps.

FAQs

Y01: questions answered

Y01 was developed by Nakheel in Al Warsan First.

Y01 is completed in Q1 2012.

Across its 20 most recent registered sales, Y01 sold for a median of AED 605 per sq ft and AED 315.0K per unit.

Recent yearly contracts in Y01 have a median rent of AED 40.0K.

The median gross yield on recently sold units in Y01 is 11.3%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Y01 is AED 11.08 per sq ft a year, as registered with the Dubai Land Department.

Y01 has Studio (480 sq ft), 1 Bed (720 to 910 sq ft), Commercial (370 to 1,020 sq ft).

Dragon Mart is about 0.4 km from Y01.

The nearest schools include Newlands School (0.7 km), Sharjah American International Private School - Dubai Branch (1.3 km), International Academic School (1.4 km).

Buying, selling or renting in Y01?

A broker who works Al Warsan First will tell you what is available and what comparable homes went for.

Get a free valuation
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