2-bed · 1,129 sqftIsland Park 1, Dubai Creek Harbour · 5th floor · completed 2025

515, 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.

Unit 515 · DLD and Ejari recordsUpdated 28 April 2025
Last soldAED 2.3M28 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Island Park 1

What is 515 worth today?

Last sold for AED 2,300,000 in 2025

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28 Apr 2025SoldReady
AED 2,300,000AED 2,037 per sqft
1 Nov 2022Sold by developerOff-plan
AED 1,779,956AED 1,587 per sqft

Source: Dubai Land Department. Updated 28 April 2025.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
5th of 10
Parking
B1-12
Developer
Emaar
Completed
2025
Last sold
AED 2.3M · April 2025

About 515, Island Park 1

515 is a two-bedroom apartment of 1,129 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 28 April 2025 for AED 2,300,000, or AED 2,037 per sqft, in line with the AED 2,042 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical two-bed in Island Park 1
2M2.5M202220242026Typical sale price by year: 2022 AED 1,781,406; 2025 AED 2,438,081; 2026 AED 2,575,000Sold by developer, November 2022: AED 1,779,956 (AED 1,587 per sqft)Sold, April 2025: AED 2,300,000 (AED 2,037 per sqft)

515 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 515, each contractTypical two-bed in Island Park 1
160K165K202520262027Typical rent by year: 2025 AED 165,000; 2026 AED 157,500

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 515 sits

All 66 2-beds →

515 last sold in April 2025 at AED 2,037 per sqft, in line with what two-beds in Island Park 1 were fetching at the time (AED 2,042). 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 salesUnit no.Price (AED)Summary
6 Apr 20262,600,000
16 Mar 20262,550,000
12 Mar 20262,424,000
7 Feb 20262,600,000
9 2-bed sales in the last 12 months

Island Park 1

Building

154 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%
Island Park 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 5th floor

All 154 units in Island Park 1
Value
5011-bedAED 1.38M · Oct 2022
5021-bedAED 1.38M · Oct 2022
5031-bedAED 1.57M · Oct 2022
5043-bedAED 3.43M · May 2025
5053-bedAED 3.2M · Apr 2025
5061-bedAED 1.13M · May 2019
5072-bedAED 2.4M · May 2025
1–7 of 16

515, Island Park 1 in numbers

  • Sold twice: first on 1 November 2022 for AED 1,779,956, last on 28 April 2025 for AED 2,300,000 (AED 2,037 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 28 April 2025.

Questions about 515, Island Park 1

What did unit 515 last sell for?

AED 2,300,000 on 28 April 2025: AED 2,037 per sqft for 1,129 sqft. The unit has 2 registered sales; the first was AED 1,779,956 in November 2022.

How big is unit 515?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.

What is unit 515 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 515, Island Park 1

Starts from the last sale price (AED 2.3M, 28 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →