508, 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 508, Island Park 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,073 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 2.35M · March 2024
- Building
- Island Park 2
About 508, Island Park 2
508 is a two-bedroom apartment of 1,073 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 8 March 2024 for AED 2,348,643, or AED 2,188 per sqft, 8% above the AED 2,027 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 147,000 a year: a gross yield of 6.3% on the 2024 price.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 66 2-beds →508 last sold in March 2024 at AED 2,188 per sqft, 8% above what two-beds in Island Park 2 were fetching at the time (AED 2,027). 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. 508's AED 147,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,095 sqft | 2,400,000 | 2,192 | ||
| 26 Mar 202626 March 2026 | 1,127 sqft | 2,500,000 | 2,218 | ||
| 17 Mar 202617 March 2026 | 1,090 sqft | 2,750,000 | 2,523 | ||
| 17 Feb 202617 February 2026 | 1,095 sqft | 2,720,000 | 2,484 |
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 | ||
| 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 | |
| 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 |
508, Island Park 2 in numbers
- Sold twice: first on 31 October 2022 for AED 1,723,875, last on 8 March 2024 for AED 2,348,643 (AED 2,188 per sqft).
- Rented since October 2025 on 2 Ejari contracts, from AED 150,000 to AED 147,000 a year.
- At AED 147,000 a year the gross yield on the 2024 price is 6.3%.
- 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 1 October 2026.
Questions about 508, Island Park 2
What did unit 508 last sell for?
AED 2,348,643 on 8 March 2024: AED 2,188 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 1,723,875 in October 2022.
What is the rent for unit 508?
AED 147,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 150,000.
How big is unit 508?
1,073 sqft (99.7 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.
What is unit 508 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 508, Island Park 2
Starts from the last sale price (AED 2.35M, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,348,643
- Deposit, UAE resident (20%)
- AED 469,729
- Deposit, non-resident (40%)
- AED 939,457
- Monthly over 25 years at 3.7%
- AED 9,609
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →