2-bed · 1,079 sqftIsland Park 2, Dubai Creek Harbour · 5th floor · completed 2025

511, 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 511 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 2.5M9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Island Park 2

What is 511 worth today?

Last sold for AED 2,500,000 in 2024

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9 May 2024SoldOff-plan
AED 2,500,000AED 2,317 per sqft
31 Oct 2022Sold by developerOff-plan
AED 1,936,593AED 1,795 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
2-bed apartment
Size
1,079 sqft
Floor
5th of 10
Parking
1
Developer
Emaar
Completed
2025
Last sold
AED 2.5M · May 2024

About 511, Island Park 2

511 is a two-bedroom apartment of 1,079 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 9 May 2024 for AED 2,500,000, or AED 2,317 per sqft, 12% above the AED 2,060 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, 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, October 2022: AED 1,936,593 (AED 1,795 per sqft)Sold, May 2024: AED 2,500,000 (AED 2,317 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Island Park 2
150K155K202520262027Typical rent by year: 2025 AED 157,500; 2026 AED 150,000

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 511 sits

All 66 2-beds →

511 last sold in May 2024 at AED 2,317 per sqft, 12% above what two-beds in Island Park 2 were fetching at the time (AED 2,060). 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.

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 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
5053-bedAED 3.41M · May 2024
5061-bedAED 1.69M · May 2025
5072-bedAED 2.3M · Mar 2024
1–7 of 16

511, Island Park 2 in numbers

  • Sold twice: first on 31 October 2022 for AED 1,936,593, last on 9 May 2024 for AED 2,500,000 (AED 2,317 per sqft).
  • 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 9 May 2024.

Questions about 511, Island Park 2

What did unit 511 last sell for?

AED 2,500,000 on 9 May 2024: AED 2,317 per sqft for 1,079 sqft. The unit has 2 registered sales; the first was AED 1,936,593 in October 2022.

How big is unit 511?

1,079 sqft (100.2 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2025.

What is unit 511 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 511, Island Park 2

Starts from the last sale price (AED 2.5M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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