ReadyReady building · Nakheel
Z-03, Al Warsan First
Highlights
Z-03 at a glance
About Z-03
Z-03 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 95 units: studios, 1-bedroom apartments, commercial units.
The building was completed in 2012 and has been in use for about 14 years. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 518 per sq ft.
Z-03 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 400 to 730 sq ft
- Service charge from AED 6.56 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 275.0K
- Median price per sq ft
- AED 518
- Median gross yield
- 11.0%
- Service charge
- AED 6.56 per sq ft (2018)
- Nearest metro
- Dragon Mart, 0.5 km
Building details
Inside Z-03
Properties in Z-03
Studios in Z-03
There are about 36 of these in Z-03, from 480 to 570 sq ft. They have recently sold for a median of AED 355.0K, or AED 730 per sq ft.
1-bedroom apartments in Z-03
There are about 36 of these in Z-03, from 720 to 730 sq ft. They have recently sold for a median of AED 443.0K, or AED 610 per sq ft.
Commercial units in Z-03
There are about 23 of these in Z-03, from 400 to 730 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 36 | 480 sqft44.6 sqmt – 570 sqft53 sqmt | AED 355K | AED 32K |
| 1 Bed | 36 | 720 sqft66.9 sqmt – 730 sqft67.8 sqmt | AED 443K | AED 41K |
| Commercial | 23 | 400 sqft37.2 sqmt – 730 sqft67.8 sqmt | No recent sales | – |
Sale trends in Z-03
Median sale price
AED 335K
Median per sq ft
AED 518
Median gross yield
11.0%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 300.0K to AED 443.0K (721 to 732 sq ft), across 11 sales
- Studios: AED 212.0K to AED 355.0K (484 sq ft), across 9 sales
Rental trends in Z-03
Studio homes in Z-03 were let for AED 31.0K to AED 33.0K a year across 2 recent contracts, with a median of AED 32.0K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 31.0K to AED 33.0K a year (484 to 570 sq ft), across 2 contracts
- 1-bedroom apartments: AED 41.0K a year (721 sq ft)
Recent transactions in Z-03
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Z-03, England Cluster, International CityReadyApartment | AED 443,000AED 614 /sqftAED 6,609 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 355,000AED 733 /sqftAED 7,890 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 335,000AED 692 /sqftAED 7,449 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 335,000AED 692 /sqftAED 7,449 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 415,000AED 576 /sqftAED 6,200 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 360,000AED 499 /sqftAED 5,371 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 360,000AED 499 /sqftAED 5,371 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 400,000AED 555 /sqftAED 5,974 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 390,000AED 541 /sqftAED 5,823 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 270,000AED 558 /sqftAED 6,006 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 345,000AED 479 /sqftAED 5,156 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 218,000AED 450 /sqftAED 4,844 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 365,000AED 499 /sqftAED 5,371 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 265,000AED 548 /sqftAED 5,899 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 260,000AED 537 /sqftAED 5,780 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 315,000AED 430 /sqftAED 4,628 /sqmt | 732 sqft68 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 240,000AED 496 /sqftAED 5,339 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 300,000AED 416 /sqftAED 4,478 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 317,000AED 440 /sqftAED 4,736 /sqmt | 721 sqft67 sqmt1 Bed | Owner |
| Z-03, England Cluster, International CityReadyApartment | AED 212,000AED 438 /sqftAED 4,715 /sqmt | 484 sqft45 sqmtStudio | Owner |
Z-03, England Cluster
International City
AED 443K
AED 614 /sqftAED 6,609 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner13 Oct 2026Z-03, England Cluster
International City
AED 355K
AED 733 /sqftAED 7,890 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner29 Dec 2025Z-03, England Cluster
International City
AED 335K
AED 692 /sqftAED 7,449 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner2 Oct 2025Z-03, England Cluster
International City
AED 335K
AED 692 /sqftAED 7,449 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner17 Jul 2025Z-03, England Cluster
International City
AED 415K
AED 576 /sqftAED 6,200 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner15 Jan 2025Z-03, England Cluster
International City
AED 360K
AED 499 /sqftAED 5,371 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner7 Nov 2024Z-03, England Cluster
International City
AED 360K
AED 499 /sqftAED 5,371 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner24 Sept 2024Z-03, England Cluster
International City
AED 400K
AED 555 /sqftAED 5,974 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner19 Aug 2024Z-03, England Cluster
International City
AED 390K
AED 541 /sqftAED 5,823 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner10 Jul 2024Z-03, England Cluster
International City
AED 270K
AED 558 /sqftAED 6,006 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner4 Jun 2024Z-03, England Cluster
International City
AED 345K
AED 479 /sqftAED 5,156 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner27 May 2024Z-03, England Cluster
International City
AED 218K
AED 450 /sqftAED 4,844 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner1 Mar 2024Z-03, England Cluster
International City
AED 365K
AED 499 /sqftAED 5,371 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner15 Dec 2023Z-03, England Cluster
International City
AED 265K
AED 548 /sqftAED 5,899 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner6 Dec 2023Z-03, England Cluster
International City
AED 260K
AED 537 /sqftAED 5,780 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner20 Nov 2023Z-03, England Cluster
International City
AED 315K
AED 430 /sqftAED 4,628 /sqmt
ReadyApartment732 sqft68 sqmt1 BedOwner4 Jul 2023Z-03, England Cluster
International City
AED 240K
AED 496 /sqftAED 5,339 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner9 May 2023Z-03, England Cluster
International City
AED 300K
AED 416 /sqftAED 4,478 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner5 May 2023Z-03, England Cluster
International City
AED 317K
AED 440 /sqftAED 4,736 /sqmt
ReadyApartment721 sqft67 sqmt1 BedOwner18 Oct 2022Z-03, England Cluster
International City
AED 212K
AED 438 /sqftAED 4,715 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner9 Mar 2022
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Z-03, England Cluster, International CityApartmentRenewal | AED 33,000 | 484 sqft45 sqmtStudio | to |
| Z-03, England Cluster, International CityApartmentNew contract | AED 31,000 | 570 sqft53 sqmtStudio | to |
| Z-03, England Cluster, International CityApartmentRenewal | AED 41,000 | 721 sqft67 sqmt1 Bed | to |
Z-03, England Cluster
International City
AED 33K/yr
ApartmentRenewal484 sqft45 sqmtStudiotoZ-03, England Cluster
International City
AED 31K/yr
ApartmentNew contract570 sqft53 sqmtStudiotoZ-03, England Cluster
International City
AED 41K/yr
ApartmentRenewal721 sqft67 sqmt1 Bedto
Service charges in Z-03
The 2018 service charge in Z-03 is AED 6.56 per sq ft for homes, AED 6.58 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 6.56 | 720 sqft66.9 sqmt – 730 sqft67.8 sqmt | AED 4,723 – AED 4,789 |
| Retail (2018) | AED 6.58 | 400 sqft37.2 sqmt – 730 sqft67.8 sqmt | AED 2,632 – AED 4,803 |
| Studio Apartment (2018) | AED 6.56 | 480 sqft44.6 sqmt – 570 sqft53 sqmt | AED 3,149 – AED 3,739 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Z-03
Transportation near Z-03
The nearest Dubai Metro station from Z-03 is Centrepoint (red line, 6.4 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, 1.7 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 · 1.7 km · about 5 min drive
- Al WarqaBlue line · 1.8 km · about 6 min drive
- International City 2Blue line · 2.9 km · about 8 min drive
- Auto MarketBlue line · 4.4 km · about 11 min drive
- MirdifBlue line · 4.6 km · about 11 min drive
Shopping and groceries near Z-03
The closest is Dragon Mart, 1.2 km from Z-03 (about 14 min walk).
- Dragon MartShopping Mall · 1.2 km · about 14 min walk
- Lulu Express / France Cluster, International CitySupermarket · 1.6 km · about 5 min drive
- Spinneys / International City, France ClusterSupermarket · 1.7 km · about 5 min drive
- Mirdif City CentreShopping Mall · 4.7 km · about 11 min drive
- Century MallShopping Mall · 4.7 km · about 11 min drive
Restaurants and hotels near Z-03
The closest is Intercontinental Dubai Festival City, 7.8 km from Z-03 (about 18 min drive).
- Intercontinental Dubai Festival CityHotel · 7.8 km · about 18 min drive
- Crowne Plaza Dubai Festival CityHotel · 8 km · about 18 min drive
Hospitals and clinics near Z-03
The closest is The Osteopathic Health Centre, 5.9 km from Z-03 (about 14 min drive).
- The Osteopathic Health CentreHospital · 5.9 km · about 14 min drive
Parks and leisure near Z-03
The closest is Mushrif Park, 6.3 km from Z-03 (about 15 min drive).
- Mushrif ParkPark · 6.3 km · about 15 min drive
Schools near Z-03
The nearest is Newlands School, 0.9 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 0.9 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 · 1.4 km
- International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 1.8 km
- Ignite School L.L.CAmerican · KHDA: Acceptable · 1.9 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare Z-03 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about Z-03
In its favour
- A median gross yield of 11.0% 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
Z-03: questions answered
Buying, selling or renting in Z-03?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.