PropertyIndex

Island Park 2

Completed · Q1 2025|160 units · 1 tower

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Island Park 2 is a completed apartment development by THE LAGOONS PHASE ONE L.L.C in Dubai Creek Harbour, Al Khairan First, comprising 160 registered units. 342 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,371 per sqft. At AED 2,371 per sqft, Island Park 2 prices 1% below the Dubai Creek Harbour average of AED 2,399 per sqft on registered sales.

PIX© price · 7.7% YoY
2.66MAED
Typical
2,371AED
PSF
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
342
DLD · all time
Rent contracts
89
Ejari · all time
Island Park 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
678 – 3,526 sqft
1602.66M2,3717.7%171K6.4%
Residential
1 Bed · Apartment
678 – 830 sqft
45
2 Bed · Apartment
999 – 1,237 sqft
66
3 Bed · Apartment
1,433 – 2,221 sqft
43
Commercial
Shop
1,477 – 3,526 sqft
6
Sales — Project-Wide342 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
12 Aug 20263 BedIsland Park Ii · Floor 11,6203,480,0002,148+37.9%StandardStandard Sale
5 Aug 20262 BedIsland Park Ii · Floor 21,0952,400,0002,193+40.5%Entry LevelStandard Sale
23 Jun 20261 BedIsland Park Ii · Floor 27332,000,0002,730+17.6%PremiumStandard Sale
Rentals — Project-Wide89 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 2026Island Park Ii · Floor 373490,000123-25.2%Standardnew
3 Aug 2026Island Park Ii · Floor G1,477229,648155Standardnew
25 Jul 2026Island Park Ii · Floor 672790,000124Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Creek Harbour

The closest-priced registered projects in Dubai Creek Harbour.

Common questions about Island Park 2

Answered from Dubai Land Department registered transactions.

How much does a property in Island Park 2 cost?

Property in Island Park 2 sells at a current PIX© price of AED 2,371 per sqft, or about AED 2,659,929 for a typical unit, based on 342 sales registered with the Dubai Land Department.

Is Island Park 2 completed?

Yes. Island Park 2 is recorded as completed in the Dubai Land Department project register (completed q1 2025).

Who is the developer of Island Park 2?

Island Park 2 is developed by THE LAGOONS PHASE ONE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Island Park 2?

Island Park 2 yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 89 registered Ejari contracts.

How many units are in Island Park 2?

Island Park 2 holds 160 registered units, per the Dubai Land Department unit register.

Have prices in Island Park 2 gone up or down?

Price per sqft has risen +7.7% over the last 12 months, to AED 2,371, across 342 registered sales.