509, Island Park 1
Sold prices and rental history: sold twice, last in May 2025, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Island Park 1
What is 509 worth today?
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Source: Dubai Land Department. Updated 22 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,158 sqft
- Floor
- 5th of 10
- Parking
- B2-43
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 2.5M · May 2025
- Building
- Island Park 1
About 509, Island Park 1
509 is a two-bedroom apartment of 1,158 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 15 May 2025 for AED 2,502,144, or AED 2,161 per sqft, in line with the AED 2,102 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 September 2025. The current contract, signed on 22 September 2025, is AED 160,000 a year: a gross yield of 6.4% on the 2025 price.
Sales and rents for 509 over time
509 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 509 sits
All 66 2-beds →509 last sold in May 2025 at AED 2,161 per sqft, in line with what two-beds in Island Park 1 were fetching at the time (AED 2,102). 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. 509's AED 160,000 is in the lower half of that range.
| 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 | ||
| 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 | ||
| 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 |
509, Island Park 1 in numbers
- Sold twice: first on 31 October 2022 for AED 1,853,440, last on 15 May 2025 for AED 2,502,144 (AED 2,161 per sqft).
- Rented since September 2025 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2025 price is 6.4%.
- 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 22 September 2025.
Questions about 509, Island Park 1
What did unit 509 last sell for?
AED 2,502,144 on 15 May 2025: AED 2,161 per sqft for 1,158 sqft. The unit has 2 registered sales; the first was AED 1,853,440 in October 2022.
What is the rent for unit 509?
AED 160,000 a year on the contract signed on 22 September 2025.
How big is unit 509?
1,158 sqft (107.6 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 509 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 509, Island Park 1
Starts from the last sale price (AED 2.5M, 15 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,502,144
- Deposit, UAE resident (20%)
- AED 500,429
- Deposit, non-resident (40%)
- AED 1,000,858
- Monthly over 25 years at 3.7%
- AED 10,237
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →