506, Island Park 2
Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Island Park 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 727 sqft
- Floor
- 5th of 10
- Parking
- B2-38
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 1.69M · May 2025
- Building
- Island Park 2
About 506, Island Park 2
506 is a one-bedroom apartment of 727 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 30 May 2025 for AED 1,685,000, or AED 2,317 per sqft, in line with the AED 2,305 one-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 May 2026, is AED 115,000 a year: a gross yield of 6.8% on the 2025 price.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 45 1-beds →506 last sold in May 2025 at AED 2,317 per sqft, in line with what one-beds in Island Park 2 were fetching at the time (AED 2,305). 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. 506's AED 115,000 is in the upper 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 | ||
| 502 | 1-bed | 728 sqft | AED 1.64MAED 1,641,973 · Mar 2024March 2024 | 105,000 /yr | |
| 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 | ||
| 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 |
506, Island Park 2 in numbers
- Sold 3 times: first on 31 October 2022 for AED 1,389,328, last on 30 May 2025 for AED 1,685,000 (AED 2,317 per sqft).
- Rented since September 2025 on 2 Ejari contracts, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2025 price is 6.8%.
- 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 15 May 2026.
Questions about 506, Island Park 2
What did unit 506 last sell for?
AED 1,685,000 on 30 May 2025: AED 2,317 per sqft for 727 sqft. The unit has 3 registered sales; the first was AED 1,389,328 in October 2022.
What is the rent for unit 506?
AED 115,000 a year on the contract signed on 15 May 2026. The previous contract, from September 2025, was AED 115,000.
How big is unit 506?
727 sqft (67.5 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 506 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 506, Island Park 2
Starts from the last sale price (AED 1.69M, 30 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,685,000
- Deposit, UAE resident (20%)
- AED 337,000
- Deposit, non-resident (40%)
- AED 674,000
- Monthly over 25 years at 3.7%
- AED 6,894
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →