507, Island Park 1
Sold prices and rental history: sold twice, last in May 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 507, Island Park 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 8 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,092 sqft
- Floor
- 5th of 10
- Parking
- B1-98
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 2.4M · May 2025
- Building
- Island Park 1
About 507, Island Park 1
507 is a two-bedroom apartment of 1,092 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 8 May 2025 for AED 2,400,000, or AED 2,198 per sqft, 5% above the AED 2,101 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 507 over time
507 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Island Park 1, and where 507 sits
All 66 2-beds →507 last sold in May 2025 at AED 2,198 per sqft, 5% above what two-beds in Island Park 1 were fetching at the time (AED 2,101). Over the last 12 months two-beds sold for AED 2,424,000 to 2,700,000, around AED 2,339 per sqft, and rent for AED 135,867 to 195,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Apr 20266 April 2026 | 1,088 sqft | 2,600,000 | 2,388 | ||
| 16 Mar 202616 March 2026 | 1,127 sqft | 2,550,000 | 2,263 | ||
| 12 Mar 202612 March 2026 | 1,094 sqft | 2,424,000 | 2,215 | ||
| 7 Feb 20267 February 2026 | 1,127 sqft | 2,600,000 | 2,307 |
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 | ||
| 506 | 1-bed | 721 sqft | AED 1.13MAED 1,130,888 · May 2019May 2019 | ||
| 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 |
507, Island Park 1 in numbers
- Sold twice: first on 31 October 2022 for AED 1,731,611, last on 8 May 2025 for AED 2,400,000 (AED 2,198 per sqft).
- Two-beds in Island Park 1 sold for AED 2,424,000–2,700,000 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 8 May 2025.
Questions about 507, Island Park 1
What did unit 507 last sell for?
AED 2,400,000 on 8 May 2025: AED 2,198 per sqft for 1,092 sqft. The unit has 2 registered sales; the first was AED 1,731,611 in October 2022.
How big is unit 507?
1,092 sqft (101.5 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Island Park 1 sold for AED 2,424,000 to 2,700,000 in the last 12 months, around AED 2,339 per sqft.
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Mortgage on 507, Island Park 1
Starts from the last sale price (AED 2.4M, 8 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →