2-bed · 1,078 sqftIsland Park 2, Dubai Creek Harbour · 4th floor · completed 2025

407, Island Park 2

Sold prices and rental history: sold twice, last in January 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 2.36M15 January 2025
Current rentAED 140K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Island Park 2

What is 407 worth today?

Last sold for AED 2,363,800 in 2025

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15 Oct 2026RentedNew contract
AED 140,000/yr12 months · AED 129 per sqft
28 Aug 2025RentedNew contract
AED 149,198/yr12 months · AED 137 per sqft
15 Jan 2025SoldOff-plan
AED 2,363,800AED 2,193 per sqft
30 Aug 2022Sold by developerOff-plan
AED 1,727,743AED 1,603 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,078 sqft
Floor
4th of 10
Parking
B2-43
Developer
Emaar
Completed
2025
Last sold
AED 2.36M · January 2025

About 407, Island Park 2

407 is a two-bedroom apartment of 1,078 sqft on the 4th floor of Island Park 2, a 10-storey tower in Dubai Creek Harbour completed in 2025 by Emaar. It last sold on 15 January 2025 for AED 2,363,800, or AED 2,193 per sqft, in line with the AED 2,152 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 October 2026, is AED 140,000 a year: a gross yield of 5.9% on the 2025 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Island Park 2
2M2.5M202220242026Typical sale price by year: 2022 AED 1,783,340; 2023 AED 2,175,606; 2024 AED 2,350,000; 2025 AED 2,562,500; 2026 AED 2,600,000Sold by developer, August 2022: AED 1,727,743 (AED 1,603 per sqft)Sold, January 2025: AED 2,363,800 (AED 2,193 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Island Park 2
140K150K160K202520262027Typical rent by year: 2025 AED 157,500; 2026 AED 150,000New contract, August 2025: AED 149,198 a yearNew contract, October 2026: AED 140,000 a year

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 2, and where 407 sits

All 66 2-beds →

407 last sold in January 2025 at AED 2,193 per sqft, in line with what two-beds in Island Park 2 were fetching at the time (AED 2,152). Over the last 12 months two-beds sold for AED 2,400,000 to 2,900,000, around AED 2,477 per sqft, and rent for AED 119,000 to 215,000 a year. 407's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20262,400,000
26 Mar 20262,500,000
17 Mar 20262,750,000
17 Feb 20262,720,000
11 2-bed sales in the last 12 months

Island Park 2

Building

154 apartments, 1-bed to 3-bed over 10 floors in Dubai Creek Harbour, completed in 2025 by Emaar. 32 sold in the last 12 months.

Typical price per sqft
AED 2,404 Up 7.8%
Typical sale
AED 2.7M
Typical rent
AED 150K /yr
Typical yield
5.8%
Island Park 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 4th floor

All 154 units in Island Park 2
Value
4011-bedAED 1.38M · Oct 2022
4021-bedAED 1.38M · Aug 2022
4031-bedAED 1.85M · Nov 2024
4043-bedAED 3.2M · Feb 2025
4053-bedAED 3.41M · Nov 2024
4061-bedAED 1.78M · Nov 2024
4082-bedAED 2.65M · Dec 2025
1–7 of 16

407, Island Park 2 in numbers

  • Sold twice: first on 30 August 2022 for AED 1,727,743, last on 15 January 2025 for AED 2,363,800 (AED 2,193 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 149,198 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 5.9%.
  • Two-beds in Island Park 2 sold for AED 2,400,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,404 per sqft.

Source: Dubai Land Department. Updated 15 October 2026.

Questions about 407, Island Park 2

What did unit 407 last sell for?

AED 2,363,800 on 15 January 2025: AED 2,193 per sqft for 1,078 sqft. The unit has 2 registered sales; the first was AED 1,727,743 in August 2022.

What is the rent for unit 407?

AED 140,000 a year on the contract signed on 15 October 2026. The previous contract, from August 2025, was AED 149,198.

How big is unit 407?

1,078 sqft (100.1 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2025.

What is unit 407 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 2 sold for AED 2,400,000 to 2,900,000 in the last 12 months, around AED 2,477 per sqft.

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Mortgage on 407, Island Park 2

Starts from the last sale price (AED 2.36M, 15 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,363,800
Deposit, UAE resident (20%)
AED 472,760
Deposit, non-resident (40%)
AED 945,520
Monthly over 25 years at 3.7%
AED 9,671

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