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Ready building · Nakheel

L08, Al Warsan First

Highlights

L08 at a glance

About L08

L08 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. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 626 per sq ft.

L08 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 8.75 per sq ft
Статус
Готово
Девелопер
Nakheel
Местоположение
Al Warsan First, Dubai
Завершено
Q1 2012
Типы объектов
Studio, 1 Bed, Commercial
Prices from
AED 260.0K
Медианная цена за sq ft
AED 626
Median gross yield
9.3%
Сервисный сбор
AED 8.96 per sq ft (2018)
Nearest metro
International City 2, 1.2 km

Building details

Inside L08

Properties in L08

Studios in L08

There are about 32 of these in L08, from 480 to 500 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in L08

There are about 28 of these in L08, from 720 to 930 sq ft. None has sold recently enough to quote a price.

Commercial units in L08

There are about 13 of these in L08, from 370 to 1,070 sq ft. None has sold recently enough to quote a price.

Unit types in L08 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
Студия32480 sqft44.6 sqmt – 500 sqft46.5 sqmtНедавних продаж нет–
1 Bed28720 sqft66.9 sqmt – 930 sqft86.4 sqmtНедавних продаж нет–
Коммерческая недвижимость13370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtНедавних продаж нет–

Recent transactions in L08

  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер23 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 410K

    AED 560 /sqftAED 6,028 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedДевелопер23 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 626 /sqftAED 6,738 /sqmt

    ГотовоКвартира
    495 sqft46 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013
  • L-08, Greece Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияДевелопер22 Dec 2013

Every sale in L08Every rent contract in L08

Service charges in L08

The 2018 service charge in L08 is AED 8.96 per sq ft for homes, AED 8.75 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 L08
Тип объектаRate per sq ftПлощадьYearly charge
1 Bed Apartment (2018)AED 8.96720 sqft66.9 sqmt – 930 sqft86.4 sqmtAED 6,451 – AED 8,333
Торговая недвижимость (2018)AED 8.75370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtAED 3,238 – AED 9,363
Studio Apartment (2018)AED 8.96480 sqft44.6 sqmt – 500 sqft46.5 sqmtAED 4,301 – AED 4,480

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

Nearby amenities

Around L08

Transportation near L08

Stations planned on new lines nearby include International City 2 (blue line, 1.2 km, about 14 min walk) and International City 1 (blue line, 1.4 km, about 5 min drive).

  • International City 2Blue line · 1.2 km · about 14 min walk
  • 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 · 3.4 km · about 9 min drive
  • Al WarqaBlue line · 3.8 km · about 10 min drive
  • Academic CityBlue line · 4.4 km · about 11 min drive

Shopping and groceries near L08

The closest is Spinneys / International City, France Cluster, 0.5 km from L08 (about 6 min walk).

  • Spinneys / International City, France ClusterSupermarket · 0.5 km · about 6 min walk
  • Lulu Express / France Cluster, International CitySupermarket · 0.7 km · about 8 min walk
  • Dragon MartShopping Mall · 2.3 km · about 7 min drive
  • Spinneys / Dubai Silicon OasisSupermarket · 5.3 km · about 13 min drive
  • Mirdif City CentreShopping Mall · 6.7 km · about 15 min drive

Restaurants and hotels near L08

The closest is Abidos Hotel Apartments, 7.9 km from L08 (about 18 min drive).

  • Abidos Hotel ApartmentsHotel · 7.9 km · about 18 min drive

Hospitals and clinics near L08

The closest is The Osteopathic Health Centre, 7.8 km from L08 (about 18 min drive).

  • The Osteopathic Health CentreHospital · 7.8 km · about 18 min drive

Parks and leisure near L08

The closest is Mushrif Park, 7.8 km from L08 (about 18 min drive).

  • Mushrif ParkPark · 7.8 km · about 18 min drive

Schools near L08

The nearest is Kings School Nad Al Sheba L.L.C, 2.7 km away. Ratings are the KHDA's latest inspection grades.

  • Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.7 km
  • Newlands SchoolUK · KHDA: Good · 2.8 km
  • Repton SchoolUK/IB · KHDA: Outstanding · 3 km
  • International School of Creative Science Nad Alshiba L.L.CUK · KHDA: Good · 3 km
  • GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.1 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 L08 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 L08

In its favour

  • A median gross yield of 9.3% 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.

Часто задаваемые вопросы

L08: questions answered

L08 was developed by Nakheel in Al Warsan First.

L08 is completed in Q1 2012.

Across its 20 most recent registered sales, L08 sold for a median of AED 626 per sq ft and AED 310.0K per unit.

The median gross yield on recently sold units in L08 is 9.3%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in L08 is AED 8.96 per sq ft a year, as registered with the Dubai Land Department.

L08 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 1.2 km from L08.

The nearest schools include Kings School Nad Al Sheba L.L.C (2.7 km), Newlands School (2.8 km), Repton School (3 km).

Buying, selling or renting in L08?

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

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