502, Island Park 2
Sold prices and rental history: sold twice, last in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Island Park 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 3 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 728 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 1.64M · March 2024
- Building
- Island Park 2
About 502, Island Park 2
502 is a one-bedroom apartment of 728 sqft on the 5th floor of Island Park 2, a 10-storey tower in Dubai Creek Harbour completed in 2025 by Emaar. It last sold on 27 March 2024 for AED 1,641,973, or AED 2,254 per sqft, 6% above the AED 2,122 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 3 October 2026, is AED 105,000 a year: a gross yield of 6.4% on the 2024 price.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Island Park 2, and where 502 sits
All 45 1-beds →502 last sold in March 2024 at AED 2,254 per sqft, 6% above what one-beds in Island Park 2 were fetching at the time (AED 2,122). Over the last 12 months one-beds sold for AED 1,450,000 to 2,000,000, around AED 2,521 per sqft, and rent for AED 80,000 to 140,000 a year. 502's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 733 sqft | 1,760,000 | 2,402 | ||
| 5 Oct 20265 October 2026 | 734 sqft | 1,450,000 | 1,976 | ||
| 23 Jun 202623 June 2026 | 733 sqft | 2,000,000 | 2,730 | ||
| 17 Jun 202617 June 2026 | 730 sqft | 1,840,000 | 2,521 |
Island Park 2
Building154 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%
Other units on the 5th floor
All 154 units in Island Park 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 728 sqft | AED 1.69MAED 1,690,000 · Oct 2024October 2024 | ||
| 503 | 1-bed | 816 sqft | AED 1.8MAED 1,800,000 · Apr 2024April 2024 | 140,000 /yr | |
| 504 | 3-bed | 1,621 sqft | AED 3.34MAED 3,339,610 · May 2024May 2024 | 230,000 /yr | |
| 505 | 3-bed | 1,600 sqft | AED 3.41MAED 3,412,000 · May 2024May 2024 | ||
| 506 | 1-bed | 727 sqft | AED 1.69MAED 1,685,000 · May 2025May 2025 | 115,000 /yr | |
| 507 | 2-bed | 1,078 sqft | AED 2.3MAED 2,300,000 · Mar 2024March 2024 | 160,000 /yr | |
| 508 | 2-bed | 1,073 sqft | AED 2.35MAED 2,348,643 · Mar 2024March 2024 | 147,000 /yr | |
| 509 | 2-bed | 1,155 sqft | AED 2.8MAED 2,800,000 · Aug 2025August 2025 | ||
| 510 | 3-bed | 1,644 sqft | AED 3.67MAED 3,670,881 · Sep 2024September 2024 | ||
| 511 | 2-bed | 1,079 sqft | AED 2.5MAED 2,500,000 · May 2024May 2024 | ||
| 512 | 2-bed | 1,077 sqft | AED 2.45MAED 2,450,000 · May 2024May 2024 | 150,000 /yr | |
| 513 | 3-bed | 1,608 sqft | AED 3.73MAED 3,728,709 · Nov 2025November 2025 | 290,000 /yr | |
| 514 | 2-bed | 1,081 sqft | AED 2.3MAED 2,300,000 · Apr 2024April 2024 | 145,000 /yr | |
| 515 | 2-bed | 1,121 sqft | AED 2.35MAED 2,350,000 · Apr 2024April 2024 | 150,000 /yr | |
| 516 | 1-bed | 730 sqft | AED 1.84MAED 1,840,000 · Jun 2026June 2026 | ||
| 517 | 1-bed | 728 sqft | AED 1.66MAED 1,664,531 · May 2024May 2024 | 100,000 /yr |
502, Island Park 2 in numbers
- Sold twice: first on 3 November 2022 for AED 1,382,559, last on 27 March 2024 for AED 1,641,973 (AED 2,254 per sqft).
- Rented since October 2025 on 2 Ejari contracts, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 6.4%.
- One-beds in Island Park 2 sold for AED 1,450,000–2,000,000 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 3 October 2026.
Questions about 502, Island Park 2
What did unit 502 last sell for?
AED 1,641,973 on 27 March 2024: AED 2,254 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 1,382,559 in November 2022.
What is the rent for unit 502?
AED 105,000 a year on the contract renewed on 3 October 2026. The previous contract, from October 2025, was AED 105,000.
How big is unit 502?
728 sqft (67.6 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 502 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 2 sold for AED 1,450,000 to 2,000,000 in the last 12 months, around AED 2,521 per sqft.
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Mortgage on 502, Island Park 2
Starts from the last sale price (AED 1.64M, 27 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,641,973
- Deposit, UAE resident (20%)
- AED 328,395
- Deposit, non-resident (40%)
- AED 656,789
- Monthly over 25 years at 3.7%
- AED 6,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →