506, Island Park 1
Sold prices and rental history: sold once, by the developer in May 2019, 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 506, Island Park 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 22 May 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 721 sqft
- Floor
- 5th of 10
- Parking
- 1 0
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 1.13M · May 2019
- Building
- Island Park 1
About 506, Island Park 1
506 is a one-bedroom apartment of 721 sqft on the 5th floor of Island Park 1, a 10-storey tower in Dubai Creek Harbour completed in 2025 by Emaar. The developer sold it on 22 May 2019 for AED 1,130,888, or AED 1,567 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Island Park 1, and where 506 sits
All 45 1-beds →Over the last 12 months one-beds sold for AED 1,750,000 to 1,850,000, around AED 2,466 per sqft, and rent for AED 40,000 to 135,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 730 sqft | 1,800,000 | 2,466 | ||
| 10 Feb 202610 February 2026 | 731 sqft | 1,850,000 | 2,531 | ||
| 6 Feb 20266 February 2026 | 735 sqft | 1,840,000 | 2,504 | ||
| 5 Feb 20265 February 2026 | 728 sqft | 1,770,000 | 2,431 |
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 | ||
| 505 | 3-bed | 1,628 sqft | AED 3.2MAED 3,200,000 · Apr 2025April 2025 | ||
| 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 |
506, Island Park 1 in numbers
- Sold once: by Emaar on 22 May 2019 for AED 1,130,888, or AED 1,567 per sqft.
- One-beds in Island Park 1 sold for AED 1,750,000–1,850,000 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 22 May 2019.
Questions about 506, Island Park 1
What did unit 506 last sell for?
AED 1,130,888 on 22 May 2019, sold by the developer: AED 1,567 per sqft for 721 sqft. It is the only registered sale of the unit.
How big is unit 506?
721 sqft (67.0 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Island Park 1 sold for AED 1,750,000 to 1,850,000 in the last 12 months, around AED 2,466 per sqft.
Selling 506? Put it on the OpenOffers board
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Mortgage on 506, Island Park 1
Starts from the last sale price (AED 1.13M, 22 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,130,888
- Deposit, UAE resident (20%)
- AED 226,178
- Deposit, non-resident (40%)
- AED 452,355
- Monthly over 25 years at 3.7%
- AED 4,627
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →