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Ready building · Nakheel

P-03, Al Warsan First

Highlights

P-03 at a glance

About P-03

P-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. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 586 per sq ft.

P-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 980 sq ft
  • Service charge from AED 7.71 per sq ft
  • Centrepoint metro station 7.4 km away
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 586
Median gross yield
9.6%
Сервисный сбор
AED 7.76 per sq ft (2018)
Nearest metro
International City 1, 1.3 km

Building details

Inside P-03

Properties in P-03

Studios in P-03

There are about 32 of these in P-03, from 480 sq ft. They have recently sold for a median of AED 326.0K, or AED 670 per sq ft.

1-bedroom apartments in P-03

There are about 28 of these in P-03, from 720 to 910 sq ft. They have recently sold for a median of AED 440.0K, or AED 540 per sq ft.

Commercial units in P-03

There are about 13 of these in P-03, from 370 to 980 sq ft. None has sold recently enough to quote a price.

Unit types in P-03 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
Студия32480 sqft44.6 sqmtAED 326KAED 31K
1 Bed28720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 440KAED 41.5K
Коммерческая недвижимость13370 sqft34.4 sqmt – 980 sqft91 sqmtНедавних продаж нет–

Recent transactions in P-03

  • P-03, France Cluster

    Интернешнл Сити

    AED 445.8K

    AED 487 /sqftAED 5,242 /sqmt

    ГотовоКвартира
    915 sqft85 sqmt1 BedВладелец16 Oct 2026
  • P-03, France Cluster

    Интернешнл Сити

    AED 317.4K

    AED 656 /sqftAED 7,061 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец14 Oct 2026
  • P-03, France Cluster

    Интернешнл Сити

    AED 335K

    AED 692 /sqftAED 7,449 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец20 Aug 2026
  • P-03, France Cluster

    Интернешнл Сити

    AED 440K

    AED 592 /sqftAED 6,372 /sqmt

    ГотовоКвартира
    743 sqft69 sqmt1 BedВладелец30 Jun 2026
  • P-03, France Cluster

    Интернешнл Сити

    AED 400K

    AED 538 /sqftAED 5,791 /sqmt

    ГотовоКвартира
    743 sqft69 sqmt1 BedВладелец24 Nov 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 450K

    AED 624 /sqftAED 6,717 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец28 Oct 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 445K

    AED 617 /sqftAED 6,641 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец9 Oct 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 320K

    AED 661 /sqftAED 7,115 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец22 Sept 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 440K

    AED 610 /sqftAED 6,566 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец3 Jun 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 342K

    AED 707 /sqftAED 7,610 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец14 May 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 320K

    AED 661 /sqftAED 7,115 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец30 Apr 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 420K

    AED 565 /sqftAED 6,082 /sqmt

    ГотовоКвартира
    743 sqft69 sqmt1 BedВладелец10 Feb 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 280K

    AED 579 /sqftAED 6,232 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец6 Feb 2025
  • P-03, France Cluster

    Интернешнл Сити

    AED 365K

    AED 506 /sqftAED 5,447 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец24 Jul 2024
  • P-03, France Cluster

    Интернешнл Сити

    AED 310K

    AED 640 /sqftAED 6,889 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец4 Jul 2024
  • P-03, France Cluster

    Интернешнл Сити

    AED 401K

    AED 540 /sqftAED 5,813 /sqmt

    ГотовоКвартира
    743 sqft69 sqmt1 BedВладелец13 Jun 2024
  • P-03, France Cluster

    Интернешнл Сити

    AED 240K

    AED 496 /sqftAED 5,339 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец2 Feb 2024
  • P-03, France Cluster

    Интернешнл Сити

    AED 255K

    AED 527 /sqftAED 5,673 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец24 Oct 2023
  • P-03, France Cluster

    Интернешнл Сити

    AED 325K

    AED 437 /sqftAED 4,704 /sqmt

    ГотовоКвартира
    743 sqft69 sqmt1 BedВладелец16 Feb 2023
  • P-03, France Cluster

    Интернешнл Сити

    AED 350K

    AED 471 /sqftAED 5,070 /sqmt

    ГотовоКвартира
    743 sqft69 sqmt1 BedВладелец31 Oct 2022
  • P-03, France Cluster

    Интернешнл Сити

    AED 43K/yr

    КвартираНовый договор
    915 sqft85 sqmt1 Bedдо
  • P-03, France Cluster

    Интернешнл Сити

    AED 40K/yr

    КвартираПродление
    915 sqft85 sqmt1 Bedдо
  • P-03, France Cluster

    Интернешнл Сити

    AED 31K/yr

    КвартираПродление
    484 sqft45 sqmtСтудиядо

Every sale in P-03Every rent contract in P-03

Service charges in P-03

The 2018 service charge in P-03 is AED 7.76 per sq ft for homes, AED 7.71 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 P-03
Тип объектаRate per sq ftПлощадьYearly charge
1 Bed Apartment (2018)AED 7.76720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 5,587 – AED 7,062
Торговая недвижимость (2018)AED 7.71370 sqft34.4 sqmt – 980 sqft91 sqmtAED 2,853 – AED 7,556
Studio Apartment (2018)AED 7.76480 sqft44.6 sqmtAED 3,725 – AED 3,725

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

Nearby amenities

Around P-03

Transportation near P-03

The nearest Dubai Metro station from P-03 is Centrepoint (red line, 7.4 km, about 17 min drive). Stations planned on new lines nearby include International City 1 (blue line, 1.3 km, about 5 min drive) and Dragon Mart (blue line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • International City 1Blue line · 1.3 km · about 5 min drive
  • Dragon MartBlue line · 1.4 km · about 5 min drive
  • International City 2Blue line · 2 km · about 6 min drive
  • Al WarqaBlue line · 2.8 km · about 8 min drive
  • Дубай Силикон ОазисBlue line · 4.3 km · about 11 min drive
  • Auto MarketBlue line · 4.6 km · about 11 min drive

Shopping and groceries near P-03

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

  • Spinneys / International City, France ClusterSupermarket · 0.8 km · about 10 min walk
  • Lulu Express / France Cluster, International CitySupermarket · 0.8 km · about 10 min walk
  • Dragon MartShopping Mall · 1.4 km · about 5 min drive
  • Century MallShopping Mall · 5.7 km · about 13 min drive
  • Mirdif City CentreShopping Mall · 5.7 km · about 13 min drive

Hospitals and clinics near P-03

The closest is The Osteopathic Health Centre, 6.8 km from P-03 (about 16 min drive).

  • The Osteopathic Health CentreHospital · 6.8 km · about 16 min drive

Parks and leisure near P-03

The closest is Mushrif Park, 7 km from P-03 (about 16 min drive).

  • Mushrif ParkPark · 7 km · about 16 min drive

Schools near P-03

The nearest is Newlands School, 1.8 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 1.8 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.3 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2.4 km
  • Primus Private School L.L.CIndian · KHDA: Good · 2.4 km
  • International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 2.8 km
  • Ignite School L.L.CAmerican · KHDA: Acceptable · 2.8 km

Other buildings in Al Warsan First

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

In its favour

  • A median gross yield of 9.6% 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.
  • The nearest running metro station is 7.4 km away, so a car helps.

Часто задаваемые вопросы

P-03: questions answered

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

P-03 is completed in Q1 2012.

Across its 20 most recent registered sales, P-03 sold for a median of AED 586 per sq ft and AED 346.0K per unit.

Recent yearly contracts in P-03 have a median rent of AED 40.0K.

The median gross yield on recently sold units in P-03 is 9.6%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in P-03 is AED 7.76 per sq ft a year, as registered with the Dubai Land Department.

P-03 has Studio (480 sq ft), 1 Bed (720 to 910 sq ft), Commercial (370 to 980 sq ft).

International City 1 is about 1.3 km from P-03.

The nearest schools include Newlands School (1.8 km), Sharjah American International Private School - Dubai Branch (2.3 km), International Academic School (2.4 km).

Buying, selling or renting in P-03?

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

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