516, Island Park 1
Sold prices and rental history: sold twice, last in February 2026, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Island Park 1
What is 516 worth today?
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Source: Dubai Land Department. Updated 11 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 731 sqft
- Floor
- 5th of 10
- Parking
- B1-06
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 1.85M · February 2026
- Building
- Island Park 1
About 516, Island Park 1
516 is a one-bedroom apartment of 731 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 10 February 2026 for AED 1,850,000, or AED 2,531 per sqft, in line with the AED 2,466 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 11 February 2026. The current contract, signed on 11 February 2026, is AED 110,000 a year: a gross yield of 5.9% on the 2026 price.
Sales and rents for 516 over time
516 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in Island Park 1, and where 516 sits
All 45 1-beds →516 last sold in February 2026 at AED 2,531 per sqft, in line with what one-beds in Island Park 1 were fetching at the time (AED 2,466). 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. 516's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 730 sqft | 1,800,000 | 2,466 | ||
| 6 Feb 20266 February 2026 | 735 sqft | 1,840,000 | 2,504 | ||
| 5 Feb 20265 February 2026 | 728 sqft | 1,770,000 | 2,431 | ||
| 17 Dec 202517 December 2025 | 728 sqft | 1,750,000 | 2,403 |
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 | ||
| 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 | ||
| 517 | 1-bed | 728 sqft | AED 1.39MAED 1,393,195 · Oct 2022October 2022 |
516, Island Park 1 in numbers
- Sold twice: first on 1 November 2022 for AED 1,385,460, last on 10 February 2026 for AED 1,850,000 (AED 2,531 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2026 price is 5.9%.
- 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 11 February 2026.
Questions about 516, Island Park 1
What did unit 516 last sell for?
AED 1,850,000 on 10 February 2026: AED 2,531 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,385,460 in November 2022.
What is the rent for unit 516?
AED 110,000 a year on the contract signed on 11 February 2026.
How big is unit 516?
731 sqft (67.9 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 516 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.
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Mortgage on 516, Island Park 1
Starts from the last sale price (AED 1.85M, 10 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →