3-bed · 1,600 sqftIsland Park 2, Dubai Creek Harbour · 5th floor · completed 2025

505, Island Park 2

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 3.41M15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Island Park 2

What is 505 worth today?

Last sold for AED 3,412,000 in 2024

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15 May 2024SoldOff-plan
AED 3,412,000AED 2,133 per sqft
31 Oct 2022Sold by developerOff-plan
AED 2,541,873AED 1,589 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
3-bed apartment
Size
1,600 sqft
Floor
5th of 10
Parking
2
Developer
Emaar
Completed
2025
Last sold
AED 3.41M · May 2024

About 505, Island Park 2

505 is a three-bedroom apartment of 1,600 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 15 May 2024 for AED 3,412,000, or AED 2,133 per sqft, 19% above the AED 1,800 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Island Park 2
3M202220242026Typical sale price by year: 2022 AED 2,699,478; 2023 AED 2,780,000; 2024 AED 3,562,500; 2025 AED 3,650,000; 2026 AED 3,750,000Sold by developer, October 2022: AED 2,541,873 (AED 1,589 per sqft)Sold, May 2024: AED 3,412,000 (AED 2,133 per sqft)

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

Rents
Unit 505, each contractTypical three-bed in Island Park 2
260K270K202520262027Typical rent by year: 2025 AED 275,000; 2026 AED 258,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Island Park 2, and where 505 sits

All 43 3-beds →

505 last sold in May 2024 at AED 2,133 per sqft, 19% above what three-beds in Island Park 2 were fetching at the time (AED 1,800). Over the last 12 months three-beds sold for AED 3,480,000 to 4,680,000, around AED 2,307 per sqft, and rent for AED 230,000 to 325,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Aug 20263,480,000
1 May 20263,900,000
6 Mar 20263,600,000
3 Feb 20264,250,000
12 3-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 5th floor

All 154 units in Island Park 2
Value
5011-bedAED 1.69M · Oct 2024
5021-bedAED 1.64M · Mar 2024
5031-bedAED 1.8M · Apr 2024
5043-bedAED 3.34M · May 2024
5061-bedAED 1.69M · May 2025
5072-bedAED 2.3M · Mar 2024
5082-bedAED 2.35M · Mar 2024
1–7 of 16

505, Island Park 2 in numbers

  • Sold twice: first on 31 October 2022 for AED 2,541,873, last on 15 May 2024 for AED 3,412,000 (AED 2,133 per sqft).
  • Three-beds in Island Park 2 sold for AED 3,480,000–4,680,000 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 May 2024.

Questions about 505, Island Park 2

What did unit 505 last sell for?

AED 3,412,000 on 15 May 2024: AED 2,133 per sqft for 1,600 sqft. The unit has 2 registered sales; the first was AED 2,541,873 in October 2022.

How big is unit 505?

1,600 sqft (148.6 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Island Park 2 sold for AED 3,480,000 to 4,680,000 in the last 12 months, around AED 2,307 per sqft.

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Mortgage on 505, Island Park 2

Starts from the last sale price (AED 3.41M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,412,000
Deposit, UAE resident (20%)
AED 682,400
Deposit, non-resident (40%)
AED 1,364,800
Monthly over 25 years at 3.7%
AED 13,960

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