ReadyReady building · Nakheel
Y03, Al Warsan First
Highlights
Y03 at a glance
About Y03
Y03 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 73 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. 3 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 537 per sq ft.
Y03 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 1,040 sq ft
- Views: Community View
- Service charge from AED 9.65 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 260.0K
- Median price per sq ft
- AED 537
- Median gross yield
- 11.1%
- Service charge
- AED 10.26 per sq ft (2025)
- Nearest metro
- Dragon Mart, 0.5 km
Building details
Inside Y03
Properties in Y03
Studios in Y03
There are about 32 of these in Y03, from 480 sq ft. They have recently sold for a median of AED 345.0K, or AED 710 per sq ft. Owners who resold made a median 3% over what they paid.
1-bedroom apartments in Y03
There are about 28 of these in Y03, from 720 to 910 sq ft. They have recently sold for a median of AED 400.0K, or AED 530 per sq ft.
Commercial units in Y03
There are about 13 of these in Y03, from 370 to 1,040 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 32 | 480 sqft44.6 sqmt | AED 345K | – |
| 1 Bed | 28 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 400K | AED 50K |
| Commercial | 13 | 370 sqft34.4 sqmt – 1,040 sqft96.6 sqmt | No recent sales | – |
Sale trends in Y03
Median sale price
AED 317.5K
Median per sq ft
AED 537
Median gross yield
11.1%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 233.0K to AED 360.0K (484 sq ft), across 12 sales
- 1-bedroom apartments: AED 310.0K to AED 410.0K (721 to 915 sq ft), across 8 sales
Rental trends in Y03
A recent 1-bedroom contract in Y03 was let for AED 50.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 50.0K a year (915 sq ft)
Recent transactions in Y03
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Y-03, England Cluster, International CityReadyApartment | AED 400,000AED 531 /sqftAED 5,716 /sqmt | 753 sqft70 sqmt1 Bed | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 330,000AED 682 /sqftAED 7,341 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 360,000AED 744 /sqftAED 8,008 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 340,000AED 702 /sqftAED 7,556 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 330,000AED 682 /sqftAED 7,341 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 400,000AED 437 /sqftAED 4,704 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 410,000AED 569 /sqftAED 6,125 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 300,000AED 620 /sqftAED 6,674 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 305,000AED 630 /sqftAED 6,781 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 260,000AED 537 /sqftAED 5,780 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 350,000AED 485 /sqftAED 5,220 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 275,000AED 568 /sqftAED 6,114 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 260,000AED 537 /sqftAED 5,780 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 245,000AED 506 /sqftAED 5,447 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 385,000AED 421 /sqftAED 4,532 /sqmt | 915 sqft85 sqmt1 Bed | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 261,760AED 541 /sqftAED 5,823 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 325,000AED 451 /sqftAED 4,855 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 233,000AED 481 /sqftAED 5,177 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 310,000AED 430 /sqftAED 4,628 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Y-03, England Cluster, International CityReadyApartment | AED 310,000AED 412 /sqftAED 4,435 /sqmt | 753 sqft70 sqmt1 Bed | Owner |
Y-03, England Cluster
International City
AED 400K
AED 531 /sqftAED 5,716 /sqmt
ReadyApartment753 sqft70 sqmt1 BedOwner19 Aug 2026Y-03, England Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner18 Apr 2026Y-03, England Cluster
International City
AED 360K
AED 744 /sqftAED 8,008 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner17 Feb 2026Y-03, England Cluster
International City
AED 340K
AED 702 /sqftAED 7,556 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner7 Oct 2025Y-03, England Cluster
International City
AED 330K
AED 682 /sqftAED 7,341 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner30 Jun 2025Y-03, England Cluster
International City
AED 400K
AED 437 /sqftAED 4,704 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner24 Mar 2025Y-03, England Cluster
International City
AED 410K
AED 569 /sqftAED 6,125 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner12 Mar 2025Y-03, England Cluster
International City
AED 300K
AED 620 /sqftAED 6,674 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 Nov 2024Y-03, England Cluster
International City
AED 305K
AED 630 /sqftAED 6,781 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner24 Sept 2024Y-03, England Cluster
International City
AED 260K
AED 537 /sqftAED 5,780 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner30 Aug 2024Y-03, England Cluster
International City
AED 350K
AED 485 /sqftAED 5,220 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner6 May 2024Y-03, England Cluster
International City
AED 275K
AED 568 /sqftAED 6,114 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner24 Apr 2024Y-03, England Cluster
International City
AED 260K
AED 537 /sqftAED 5,780 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner27 Mar 2024Y-03, England Cluster
International City
AED 245K
AED 506 /sqftAED 5,447 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner15 Feb 2024Y-03, England Cluster
International City
AED 385K
AED 421 /sqftAED 4,532 /sqmt
ReadyApartment915 sqft85 sqmt1 BedOwner12 Sept 2023Y-03, England Cluster
International City
AED 261.8K
AED 541 /sqftAED 5,823 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner11 Sept 2023Y-03, England Cluster
International City
AED 325K
AED 451 /sqftAED 4,855 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner4 May 2023Y-03, England Cluster
International City
AED 233K
AED 481 /sqftAED 5,177 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner3 Apr 2023Y-03, England Cluster
International City
AED 310K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner3 Nov 2022Y-03, England Cluster
International City
AED 310K
AED 412 /sqftAED 4,435 /sqmt
ReadyApartment753 sqft70 sqmt1 BedOwner2 Nov 2022
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Y-03, England Cluster, International CityApartmentNew contract | AED 50,000 | 915 sqft85 sqmt1 Bed | to |
Y-03, England Cluster
International City
AED 50K/yr
ApartmentNew contract915 sqft85 sqmt1 Bedto
Service charges in Y03
The 2025 service charge in Y03 is AED 10.26 per sq ft for homes, AED 9.65 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 10.26 | 720 sqft66.9 sqmt – 910 sqft84.5 sqmt | AED 7,387 – AED 9,337 |
| Retail (2025) | AED 9.65 | 370 sqft34.4 sqmt – 1,040 sqft96.6 sqmt | AED 3,571 – AED 10,036 |
| Studio Apartment (2025) | AED 10.26 | 480 sqft44.6 sqmt | AED 4,925 – AED 4,925 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Y03
Transportation near Y03
The nearest Dubai Metro station from Y03 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 Y03
The closest is Dragon Mart, 1.5 km from Y03 (about 5 min drive).
- Dragon MartShopping Mall · 1.5 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
- Mirdif City CentreShopping Mall · 4.8 km · about 12 min drive
- Century MallShopping Mall · 4.8 km · about 12 min drive
Restaurants and hotels near Y03
The closest is Intercontinental Dubai Festival City, 7.7 km from Y03 (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 Y03
The closest is The Osteopathic Health Centre, 6.1 km from Y03 (about 14 min drive).
- The Osteopathic Health CentreHospital · 6.1 km · about 14 min drive
Parks and leisure near Y03
The closest is Mushrif Park, 6.5 km from Y03 (about 15 min drive).
- Mushrif ParkPark · 6.5 km · about 15 min drive
Schools near Y03
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 Y03 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about Y03
In its favour
- Owners who resold have made money: a median gain of up to 3%.
- A median gross yield of 11.1% 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 6.5 km away, so a car helps.
Specialists
Brokers who know Y03
These brokers handle sales and lettings in Y03 and can tell you what is available now.
Khurram Shahzad
Property Advisor
FAQs
Y03: questions answered
Buying, selling or renting in Y03?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.