Перейти к содержимому

Ready building · Nakheel

L-03, Al Warsan First

Highlights

L-03 at a glance

About L-03

L-03 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 73 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 507 per sq ft.

L-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 370 to 1,070 sq ft
  • Service charge from AED 7.3 per sq ft
Статус
Готово
Девелопер
Nakheel
Местоположение
Al Warsan First, Dubai
Завершено
Q1 2012
Типы объектов
Studio, 1 Bed, Commercial
Prices from
AED 255.0K
Медианная цена за sq ft
AED 507
Median gross yield
10.6%
Сервисный сбор
AED 7.34 per sq ft (2018)
Nearest metro
International City 2, 1.3 km

Building details

Inside L-03

Properties in L-03

Studios in L-03

There are about 32 of these in L-03, from 480 to 500 sq ft. They have recently sold for a median of AED 335.0K, or AED 680 per sq ft.

1-bedroom apartments in L-03

There are about 28 of these in L-03, from 720 to 930 sq ft. None has sold recently enough to quote a price.

Commercial units in L-03

There are about 13 of these in L-03, from 370 to 1,070 sq ft. None has sold recently enough to quote a price.

Unit types in L-03 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
Студия32480 sqft44.6 sqmt – 500 sqft46.5 sqmtAED 335KAED 34K
1 Bed28720 sqft66.9 sqmt – 930 sqft86.4 sqmtНедавних продаж нетAED 37K
Коммерческая недвижимость13370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtНедавних продаж нет–

Recent transactions in L-03

  • L-03, Greece Cluster

    Интернешнл Сити

    AED 350K

    AED 723 /sqftAED 7,782 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец28 Oct 2026
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 335K

    AED 677 /sqftAED 7,287 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияВладелец20 Oct 2026
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 345K

    AED 697 /sqftAED 7,502 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияВладелец30 Sept 2026
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 325K

    AED 671 /sqftAED 7,223 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец10 Aug 2026
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 365K

    AED 737 /sqftAED 7,933 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияВладелец12 Jan 2026
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 330K

    AED 682 /sqftAED 7,341 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец18 Dec 2025
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 285K

    AED 576 /sqftAED 6,200 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияВладелец9 Dec 2025
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 400K

    AED 432 /sqftAED 4,650 /sqmt

    ГотовоКвартира
    926 sqft86 sqmt1 BedВладелец17 Apr 2025
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 285K

    AED 576 /sqftAED 6,200 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияВладелец28 Oct 2024
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 265K

    AED 535 /sqftAED 5,759 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияВладелец13 Aug 2024
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 265K

    AED 548 /sqftAED 5,899 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец25 Jul 2024
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 345K

    AED 479 /sqftAED 5,156 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец6 Mar 2024
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 340K

    AED 464 /sqftAED 4,994 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец28 Feb 2024
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 300K

    AED 410 /sqftAED 4,413 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец12 May 2023
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 307K

    AED 419 /sqftAED 4,510 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец3 Apr 2023
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 323K

    AED 349 /sqftAED 3,757 /sqmt

    ГотовоКвартира
    926 sqft86 sqmt1 BedВладелец19 Jan 2023
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 423 /sqftAED 4,553 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец18 Nov 2022
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 196.5K

    AED 406 /sqftAED 4,370 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец6 Jan 2022
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 200K

    AED 413 /sqftAED 4,445 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец27 Dec 2021
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 208K

    AED 420 /sqftAED 4,521 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияВладелец21 Jun 2021
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 32K/yr

    КвартираНовый договор
    495 sqft46 sqmtСтудиядо
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 36K/yr

    КвартираНовый договор
    495 sqft46 sqmtСтудиядо
  • L-03, Greece Cluster

    Интернешнл Сити

    AED 37K/yr

    КвартираНовый договор
    732 sqft68 sqmt1 Bedдо

Every sale in L-03Every rent contract in L-03

Service charges in L-03

The 2018 service charge in L-03 is AED 7.34 per sq ft for homes, AED 7.3 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 L-03
Тип объектаRate per sq ftПлощадьYearly charge
1 Bed Apartment (2018)AED 7.34720 sqft66.9 sqmt – 930 sqft86.4 sqmtAED 5,285 – AED 6,826
Торговая недвижимость (2018)AED 7.3370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtAED 2,701 – AED 7,811
Studio Apartment (2018)AED 7.34480 sqft44.6 sqmt – 500 sqft46.5 sqmtAED 3,523 – AED 3,670

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

Nearby amenities

Around L-03

Transportation near L-03

Stations planned on new lines nearby include International City 2 (blue line, 1.3 km, about 5 min drive) and International City 1 (blue line, 1.4 km, about 5 min drive).

  • International City 2Blue line · 1.3 km · about 5 min drive
  • International City 1Blue line · 1.4 km · about 5 min drive
  • Dragon MartBlue line · 2.4 km · about 7 min drive
  • Дубай Силикон ОазисBlue line · 3.5 km · about 9 min drive
  • Al WarqaBlue line · 3.8 km · about 10 min drive
  • Academic CityBlue line · 4.5 km · about 11 min drive

Shopping and groceries near L-03

The closest is Spinneys / International City, France Cluster, 0.6 km from L-03 (about 7 min walk).

  • Spinneys / International City, France ClusterSupermarket · 0.6 km · about 7 min walk
  • Lulu Express / France Cluster, International CitySupermarket · 0.8 km · about 10 min walk
  • Dragon MartShopping Mall · 2.2 km · about 6 min drive
  • Spinneys / Dubai Silicon OasisSupermarket · 5.5 km · about 13 min drive
  • Mirdif City CentreShopping Mall · 6.6 km · about 15 min drive

Restaurants and hotels near L-03

The closest is Abidos Hotel Apartments, 8 km from L-03 (about 18 min drive).

  • Abidos Hotel ApartmentsHotel · 8 km · about 18 min drive

Hospitals and clinics near L-03

The closest is The Osteopathic Health Centre, 7.7 km from L-03 (about 17 min drive).

  • The Osteopathic Health CentreHospital · 7.7 km · about 17 min drive

Parks and leisure near L-03

The closest is Mushrif Park, 7.7 km from L-03 (about 17 min drive).

  • Mushrif ParkPark · 7.7 km · about 17 min drive

Schools near L-03

The nearest is Newlands School, 2.7 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 2.7 km
  • Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.8 km
  • Repton SchoolUK/IB · KHDA: Outstanding · 3.1 km
  • International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3.2 km
  • GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.2 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.3 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare L-03 with:

  • 10-02, Al Warsan FirstГотово

    10-02

    Al Warsan First · Nakheel

    Completed 2012

  • 10-03, Al Warsan FirstГотово

    10-03

    Al Warsan First · Nakheel

    Completed 2012

  • 10-04, Al Warsan FirstГотово

    10-04

    Al Warsan First · Nakheel

    Completed 2012

  • 10-06, Al Warsan FirstГотово

    10-06

    Al Warsan First · Nakheel

    Completed 2012

  • 10-08, Al Warsan FirstГотово

    10-08

    Al Warsan First · Nakheel

    Completed 2012

  • 10-09, Al Warsan FirstГотово

    10-09

    Al Warsan First · Nakheel

    Completed 2012

Things to consider about L-03

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.

Часто задаваемые вопросы

L-03: questions answered

L-03 was developed by Nakheel in Al Warsan First.

L-03 is completed in Q1 2012.

Across its 20 most recent registered sales, L-03 sold for a median of AED 507 per sq ft and AED 316.5K per unit.

Recent yearly contracts in L-03 have a median rent of AED 36.0K.

The median gross yield on recently sold units in L-03 is 10.6%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in L-03 is AED 7.34 per sq ft a year, as registered with the Dubai Land Department.

L-03 has Studio (480 to 500 sq ft), 1 Bed (720 to 930 sq ft), Commercial (370 to 1,070 sq ft).

International City 2 is about 1.3 km from L-03.

The nearest schools include Newlands School (2.7 km), Kings School Nad Al Sheba L.L.C (2.8 km), Repton School (3.1 km).

Buying, selling or renting in L-03?

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

Получить бесплатную оценку
Напишите нам в WhatsApp