505, Island Park 1
Sold prices and rental history: sold twice, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Island Park 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 29 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,628 sqft
- Floor
- 5th of 10
- Parking
- B1-56, B1-57
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 3.2M · April 2025
- Building
- Island Park 1
About 505, Island Park 1
505 is a three-bedroom apartment of 1,628 sqft on the 5th floor of Island Park 1, a 10-storey tower in Dubai Creek Harbour completed in 2025 by Emaar. It last sold on 29 April 2025 for AED 3,200,000, or AED 1,965 per sqft, in line with the AED 2,016 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Island Park 1, and where 505 sits
All 43 3-beds →505 last sold in April 2025 at AED 1,965 per sqft, in line with what three-beds in Island Park 1 were fetching at the time (AED 2,016). Over the last 12 months three-beds sold for AED 3,650,000 to 4,275,000, around AED 2,471 per sqft, and rent for AED 210,000 to 350,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,608 sqft | 3,836,000 | 2,385 | ||
| 28 Sep 202628 September 2026 | 1,614 sqft | 3,750,000 | 2,323 | ||
| 12 Mar 202612 March 2026 | 1,608 sqft | 4,100,000 | 2,549 | ||
| 9 Mar 20269 March 2026 | 1,629 sqft | 3,650,000 | 2,240 |
Island Park 1
Building154 apartments, 1-bed to 3-bed over 10 floors in Dubai Creek Harbour, completed in 2025 by Emaar. 28 sold in the last 12 months.
- Typical price per sqft
- AED 2,452 Up 14.1%
- Typical sale
- AED 2.7M
- Typical rent
- AED 170K /yr
- Typical yield
- 6.0%
Other units on the 5th floor
All 154 units in Island Park 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 728 sqft | AED 1.38MAED 1,382,559 · Oct 2022October 2022 | ||
| 502 | 1-bed | 728 sqft | AED 1.38MAED 1,382,559 · Oct 2022October 2022 | ||
| 503 | 1-bed | 816 sqft | AED 1.57MAED 1,565,304 · Oct 2022October 2022 | ||
| 504 | 3-bed | 1,623 sqft | AED 3.43MAED 3,432,834 · May 2025May 2025 | ||
| 506 | 1-bed | 721 sqft | AED 1.13MAED 1,130,888 · May 2019May 2019 | ||
| 507 | 2-bed | 1,092 sqft | AED 2.4MAED 2,400,000 · May 2025May 2025 | ||
| 508 | 2-bed | 1,085 sqft | AED 2.28MAED 2,280,000 · May 2025May 2025 | ||
| 509 | 2-bed | 1,158 sqft | AED 2.5MAED 2,502,144 · May 2025May 2025 | 160,000 /yr | |
| 510 | 3-bed | 1,648 sqft | AED 4.1MAED 4,100,000 · Dec 2025December 2025 | ||
| 511 | 2-bed | 1,090 sqft | AED 2.67MAED 2,666,689 · Jul 2025July 2025 | ||
| 512 | 2-bed | 1,088 sqft | AED 2.67MAED 2,668,021 · May 2025May 2025 | 155,000 /yr | |
| 513 | 3-bed | 1,575 sqft | AED 2.75MAED 2,753,624 · Nov 2022November 2022 | ||
| 514 | 2-bed | 1,097 sqft | AED 2.35MAED 2,350,000 · May 2025May 2025 | 149,598 /yr | |
| 515 | 2-bed | 1,129 sqft | AED 2.3MAED 2,300,000 · Apr 2025April 2025 | ||
| 516 | 1-bed | 731 sqft | AED 1.85MAED 1,850,000 · Feb 2026February 2026 | 110,000 /yr | |
| 517 | 1-bed | 728 sqft | AED 1.39MAED 1,393,195 · Oct 2022October 2022 |
505, Island Park 1 in numbers
- Sold twice: first on 31 October 2022 for AED 2,541,873, last on 29 April 2025 for AED 3,200,000 (AED 1,965 per sqft).
- Three-beds in Island Park 1 sold for AED 3,650,000–4,275,000 in the 12 months to November 2026; the building's median across all types is AED 2,452 per sqft.
Source: Dubai Land Department. Updated 29 April 2025.
Questions about 505, Island Park 1
What did unit 505 last sell for?
AED 3,200,000 on 29 April 2025: AED 1,965 per sqft for 1,628 sqft. The unit has 2 registered sales; the first was AED 2,541,873 in October 2022.
How big is unit 505?
1,628 sqft (151.2 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Island Park 1 sold for AED 3,650,000 to 4,275,000 in the last 12 months, around AED 2,471 per sqft.
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Mortgage on 505, Island Park 1
Starts from the last sale price (AED 3.2M, 29 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →