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Ready building · Nakheel

Y03, Al Warsan First

Highlights

Y03 at a glance

About Y03

Y03 is a mixed-use building in Al Warsan First, Dubai, developed by Nakheel. It holds about 73 units: studios, 1-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

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 537 per sq ft.

Y03 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 1,040 sq ft
  • Views: Community View
  • Service charge from AED 9.65 per sq ft
  • Centrepoint metro station 6.5 km away
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 537
Median gross yield
11.1%
Сервисный сбор
AED 10.26 per sq ft (2025)
Nearest metro
Dragon Mart, 0.5 km

Building details

Inside Y03

Properties in Y03

Studios in Y03

There are about 32 of these in Y03, from 480 sq ft. They have recently sold for a median of AED 345.0K, or AED 710 per sq ft. Owners who resold made a median 3% over what they paid.

1-bedroom apartments in Y03

There are about 28 of these in Y03, from 720 to 910 sq ft. They have recently sold for a median of AED 400.0K, or AED 530 per sq ft.

Commercial units in Y03

There are about 13 of these in Y03, from 370 to 1,040 sq ft. None has sold recently enough to quote a price.

Unit types in Y03 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
Студия32480 sqft44.6 sqmtAED 345K–
1 Bed28720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 400KAED 50K
Коммерческая недвижимость13370 sqft34.4 sqmt – 1,040 sqft96.6 sqmtНедавних продаж нет–

Recent transactions in Y03

  • Y-03, England Cluster

    Интернешнл Сити

    AED 400K

    AED 531 /sqftAED 5,716 /sqmt

    ГотовоКвартира
    753 sqft70 sqmt1 BedВладелец19 Aug 2026
  • Y-03, England Cluster

    Интернешнл Сити

    AED 330K

    AED 682 /sqftAED 7,341 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец18 Apr 2026
  • Y-03, England Cluster

    Интернешнл Сити

    AED 360K

    AED 744 /sqftAED 8,008 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец17 Feb 2026
  • Y-03, England Cluster

    Интернешнл Сити

    AED 340K

    AED 702 /sqftAED 7,556 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец7 Oct 2025
  • Y-03, England Cluster

    Интернешнл Сити

    AED 330K

    AED 682 /sqftAED 7,341 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец30 Jun 2025
  • Y-03, England Cluster

    Интернешнл Сити

    AED 400K

    AED 437 /sqftAED 4,704 /sqmt

    ГотовоКвартира
    915 sqft85 sqmt1 BedВладелец24 Mar 2025
  • Y-03, England Cluster

    Интернешнл Сити

    AED 410K

    AED 569 /sqftAED 6,125 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец12 Mar 2025
  • Y-03, England Cluster

    Интернешнл Сити

    AED 300K

    AED 620 /sqftAED 6,674 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец12 Nov 2024
  • Y-03, England Cluster

    Интернешнл Сити

    AED 305K

    AED 630 /sqftAED 6,781 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец24 Sept 2024
  • Y-03, England Cluster

    Интернешнл Сити

    AED 260K

    AED 537 /sqftAED 5,780 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец30 Aug 2024
  • Y-03, England Cluster

    Интернешнл Сити

    AED 350K

    AED 485 /sqftAED 5,220 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец6 May 2024
  • Y-03, England Cluster

    Интернешнл Сити

    AED 275K

    AED 568 /sqftAED 6,114 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец24 Apr 2024
  • Y-03, England Cluster

    Интернешнл Сити

    AED 260K

    AED 537 /sqftAED 5,780 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец27 Mar 2024
  • Y-03, England Cluster

    Интернешнл Сити

    AED 245K

    AED 506 /sqftAED 5,447 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец15 Feb 2024
  • Y-03, England Cluster

    Интернешнл Сити

    AED 385K

    AED 421 /sqftAED 4,532 /sqmt

    ГотовоКвартира
    915 sqft85 sqmt1 BedВладелец12 Sept 2023
  • Y-03, England Cluster

    Интернешнл Сити

    AED 261.8K

    AED 541 /sqftAED 5,823 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец11 Sept 2023
  • Y-03, England Cluster

    Интернешнл Сити

    AED 325K

    AED 451 /sqftAED 4,855 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец4 May 2023
  • Y-03, England Cluster

    Интернешнл Сити

    AED 233K

    AED 481 /sqftAED 5,177 /sqmt

    ГотовоКвартира
    484 sqft45 sqmtСтудияВладелец3 Apr 2023
  • Y-03, England Cluster

    Интернешнл Сити

    AED 310K

    AED 430 /sqftAED 4,628 /sqmt

    ГотовоКвартира
    721 sqft67 sqmt1 BedВладелец3 Nov 2022
  • Y-03, England Cluster

    Интернешнл Сити

    AED 310K

    AED 412 /sqftAED 4,435 /sqmt

    ГотовоКвартира
    753 sqft70 sqmt1 BedВладелец2 Nov 2022
  • Y-03, England Cluster

    Интернешнл Сити

    AED 50K/yr

    КвартираНовый договор
    915 sqft85 sqmt1 Bedдо

Every sale in Y03Every rent contract in Y03

Service charges in Y03

The 2025 service charge in Y03 is AED 10.26 per sq ft for homes, AED 9.65 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 Y03
Тип объектаRate per sq ftПлощадьYearly charge
1 Bed Apartment (2025)AED 10.26720 sqft66.9 sqmt – 910 sqft84.5 sqmtAED 7,387 – AED 9,337
Торговая недвижимость (2025)AED 9.65370 sqft34.4 sqmt – 1,040 sqft96.6 sqmtAED 3,571 – AED 10,036
Studio Apartment (2025)AED 10.26480 sqft44.6 sqmtAED 4,925 – AED 4,925

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

Nearby amenities

Around Y03

Transportation near Y03

The nearest Dubai Metro station from Y03 is Centrepoint (red line, 6.5 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, 1.5 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 · 1.5 km · about 5 min drive
  • Al WarqaBlue line · 1.9 km · about 6 min drive
  • International City 2Blue line · 2.7 km · about 7 min drive
  • Auto MarketBlue line · 4.1 km · about 10 min drive
  • Ras Al Khor StationBlue line · 4.7 km · about 11 min drive

Shopping and groceries near Y03

The closest is Dragon Mart, 1.5 km from Y03 (about 5 min drive).

  • Dragon MartShopping Mall · 1.5 km · about 5 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 1.5 km · about 5 min drive
  • Spinneys / International City, France ClusterSupermarket · 1.6 km · about 5 min drive
  • Mirdif City CentreShopping Mall · 4.8 km · about 12 min drive
  • Century MallShopping Mall · 4.8 km · about 12 min drive

Restaurants and hotels near Y03

The closest is Intercontinental Dubai Festival City, 7.7 km from Y03 (about 17 min drive).

  • Intercontinental Dubai Festival CityHotel · 7.7 km · about 17 min drive
  • Crowne Plaza Dubai Festival CityHotel · 7.9 km · about 18 min drive

Hospitals and clinics near Y03

The closest is The Osteopathic Health Centre, 6.1 km from Y03 (about 14 min drive).

  • The Osteopathic Health CentreHospital · 6.1 km · about 14 min drive

Parks and leisure near Y03

The closest is Mushrif Park, 6.5 km from Y03 (about 15 min drive).

  • Mushrif ParkPark · 6.5 km · about 15 min drive

Schools near Y03

The nearest is Newlands School, 0.8 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 0.8 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 1.4 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 1.4 km
  • Primus Private School L.L.CIndian · KHDA: Good · 1.5 km
  • International School of Arts & Sciences L.L.CAmerican · KHDA: Good · 1.8 km
  • Cedar School L.L.CUK · KHDA: Acceptable · 1.9 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare Y03 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 Y03

In its favour

  • Owners who resold have made money: a median gain of up to 3%.
  • A median gross yield of 11.1% 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 6.5 km away, so a car helps.

Specialists

Brokers who know Y03

These brokers handle sales and lettings in Y03 and can tell you what is available now.

Часто задаваемые вопросы

Y03: questions answered

Y03 was developed by Nakheel in Al Warsan First.

Y03 is completed in Q1 2012.

Across its 20 most recent registered sales, Y03 sold for a median of AED 537 per sq ft and AED 317.5K per unit.

Recent yearly contracts in Y03 have a median rent of AED 50.0K.

The median gross yield on recently sold units in Y03 is 11.1%: the rent the unit earned over its purchase price, before costs.

The 2025 service charge for residential units in Y03 is AED 10.26 per sq ft a year, as registered with the Dubai Land Department.

Y03 has Studio (480 sq ft), 1 Bed (720 to 910 sq ft), Commercial (370 to 1,040 sq ft).

Dragon Mart is about 0.5 km from Y03.

The nearest schools include Newlands School (0.8 km), Sharjah American International Private School - Dubai Branch (1.4 km), International Academic School (1.4 km).

Buying, selling or renting in Y03?

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

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