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Ready building · Nakheel

M-03, Al Warsan First

Highlights

M-03 at a glance

About M-03

M-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. 3 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 487 per sq ft.

M-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 7.24 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 487
Median gross yield
11.5%
Сервисный сбор
AED 7.41 per sq ft (2018)
Nearest metro
International City 1, 1.6 km

Building details

Inside M-03

Properties in M-03

Studios in M-03

There are about 32 of these in M-03, from 470 sq ft. They have recently sold for a median of AED 310.0K, or AED 650 per sq ft. Owners who resold made a median 13% over what they paid.

1-bedroom apartments in M-03

There are about 28 of these in M-03, from 730 to 930 sq ft. They have recently sold for a median of AED 435.0K, or AED 590 per sq ft.

Commercial units in M-03

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

Unit types in M-03 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
Студия32470 sqft43.7 sqmtAED 310KAED 30K
1 Bed28730 sqft67.8 sqmt – 930 sqft86.4 sqmtAED 435KAED 44K
Коммерческая недвижимость13370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtНедавних продаж нет–

Recent transactions in M-03

  • M-03, Persia Cluster

    Интернешнл Сити

    AED 320K

    AED 675 /sqftAED 7,266 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец24 Sept 2026
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 300K

    AED 633 /sqftAED 6,814 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец23 Sept 2026
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 435K

    AED 594 /sqftAED 6,394 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец4 Aug 2026
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 330K

    AED 696 /sqftAED 7,492 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец30 Sept 2025
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 350K

    AED 478 /sqftAED 5,145 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец15 May 2025
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 238.2K

    AED 503 /sqftAED 5,414 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец9 May 2025
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 310K

    AED 654 /sqftAED 7,040 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец29 Aug 2024
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 370K

    AED 505 /sqftAED 5,436 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец5 Jun 2024
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 150K

    AED 410 /sqftAED 4,413 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedДевелопер2 Feb 2024
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 150K

    AED 205 /sqftAED 2,207 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedДевелопер2 Feb 2024
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 235K

    AED 496 /sqftAED 5,339 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец21 Dec 2023
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 240K

    AED 506 /sqftAED 5,447 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец2 Oct 2023
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 240K

    AED 506 /sqftAED 5,447 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец20 Sept 2023
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 250K

    AED 342 /sqftAED 3,681 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец25 May 2023
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 215K

    AED 454 /sqftAED 4,887 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец1 May 2023
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 315K

    AED 430 /sqftAED 4,628 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец1 May 2023
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 200K

    AED 422 /sqftAED 4,542 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец20 Dec 2022
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 350K

    AED 478 /sqftAED 5,145 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец31 Oct 2022
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 210K

    AED 443 /sqftAED 4,768 /sqmt

    ГотовоКвартира
    474 sqft44 sqmtСтудияВладелец28 Jul 2022
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 277.6K

    AED 379 /sqftAED 4,080 /sqmt

    ГотовоКвартира
    732 sqft68 sqmt1 BedВладелец4 Jul 2022
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 43K/yr

    КвартираНовый договор
    732 sqft68 sqmt1 Bedдо
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 30K/yr

    КвартираНовый договор
    474 sqft44 sqmtСтудиядо
  • M-03, Persia Cluster

    Интернешнл Сити

    AED 45K/yr

    КвартираНовый договор
    732 sqft68 sqmt1 Bedдо

Every sale in M-03Every rent contract in M-03

Service charges in M-03

The 2018 service charge in M-03 is AED 7.41 per sq ft for homes, AED 7.24 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 M-03
Тип объектаRate per sq ftПлощадьYearly charge
1 Bed Apartment (2018)AED 7.41730 sqft67.8 sqmt – 930 sqft86.4 sqmtAED 5,409 – AED 6,891
Торговая недвижимость (2018)AED 7.24370 sqft34.4 sqmt – 1,070 sqft99.4 sqmtAED 2,679 – AED 7,747
Studio Apartment (2018)AED 7.41470 sqft43.7 sqmtAED 3,483 – AED 3,483

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

Nearby amenities

Around M-03

Transportation near M-03

Stations planned on new lines nearby include International City 1 (blue line, 1.6 km, about 5 min drive) and International City 2 (blue line, 1.7 km, about 5 min drive).

  • International City 1Blue line · 1.6 km · about 5 min drive
  • International City 2Blue line · 1.7 km · about 5 min drive
  • Dragon MartBlue line · 2.2 km · about 6 min drive
  • Al WarqaBlue line · 3.5 km · about 9 min drive
  • Дубай Силикон ОазисBlue line · 3.9 km · about 10 min drive
  • Academic CityBlue line · 4.7 km · about 11 min drive

Shopping and groceries near M-03

The closest is Spinneys / International City, France Cluster, 0.8 km from M-03 (about 10 min walk).

  • Spinneys / International City, France ClusterSupermarket · 0.8 km · about 10 min walk
  • Lulu Express / France Cluster, International CitySupermarket · 0.9 km · about 11 min walk
  • Dragon MartShopping Mall · 1.9 km · about 6 min drive
  • Spinneys / Dubai Silicon OasisSupermarket · 5.8 km · about 14 min drive
  • Century MallShopping Mall · 6.4 km · about 15 min drive

Hospitals and clinics near M-03

The closest is The Osteopathic Health Centre, 7.4 km from M-03 (about 17 min drive).

  • The Osteopathic Health CentreHospital · 7.4 km · about 17 min drive

Parks and leisure near M-03

The closest is Mushrif Park, 7.4 km from M-03 (about 17 min drive).

  • Mushrif ParkPark · 7.4 km · about 17 min drive

Schools near M-03

The nearest is Newlands School, 2.6 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 2.6 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 3.1 km
  • Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 3.1 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 3.1 km
  • Primus Private School L.L.CIndian · KHDA: Good · 3.2 km
  • GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 3.5 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare M-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 M-03

In its favour

  • Owners who resold have made money: a median gain of up to 13%.
  • A median gross yield of 11.5% 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

M-03: questions answered

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

M-03 is completed in Q1 2012.

Across its 20 most recent registered sales, M-03 sold for a median of AED 487 per sq ft and AED 263.8K per unit.

Recent yearly contracts in M-03 have a median rent of AED 43.0K.

The median gross yield on recently sold units in M-03 is 11.5%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in M-03 is AED 7.41 per sq ft a year, as registered with the Dubai Land Department.

M-03 has Studio (470 sq ft), 1 Bed (730 to 930 sq ft), Commercial (370 to 1,070 sq ft).

International City 1 is about 1.6 km from M-03.

The nearest schools include Newlands School (2.6 km), Sharjah American International Private School - Dubai Branch (3.1 km), Kings School Nad Al Sheba L.L.C (3.1 km).

Buying, selling or renting in M-03?

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

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