PropertyIndex

Island Park I

Completed · Q1 2025|160 units · 1 tower

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Island Park I is a completed apartment development by THE LAGOONS PHASE ONE L.L.C in Dubai Creek Harbour, Al Khairan First, comprising 160 registered units. 259 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,417 per sqft. At AED 2,417 per sqft, Island Park I prices in line with the Dubai Creek Harbour average of AED 2,399 per sqft on registered sales.

PIX© price · 9.7% YoY
2.73MAED
Typical
2,417AED
PSF
Gross yield
6.7%
PIX© rent ÷ PIX© price
Sale records
259
DLD · all time
Rent contracts
47
Ejari · all time
Island Park I

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 – 3,525 sqft
1602.73M2,4179.7%182K6.7%
Residential
1 Bed · Apartment
678 – 832 sqft
45
2 Bed · Apartment
999 – 1,237 sqft
66
3 Bed · Apartment
1,433 – 2,221 sqft
43
Commercial
Shop
1,495 – 3,525 sqft
6
Sales — Project-Wide259 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
Floor Analysis
last 24 months
Median PSF · 108 sales
Floors 1-4 · 40 sales
Floors 5-7 · 33 sales
Floors 8-10 · 35 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
6 Apr 2026Floor 21,0882,600,0002,389+42.6%PremiumStandard Sale
16 Mar 2026Floor 11,1272,550,0002,263+45.7%StandardStandard Sale
12 Mar 2026Floor 11,0942,424,0002,215+43.4%Entry LevelStandard Sale
Rentals — Project-Wide47 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Aug 20262 Bed1,092135,867124Entry Levelrenewal
19 Jul 20262 BedFloor 61,085180,000166-7.7%Standardnew
16 Jul 20263 BedFloor 102,017330,000164Standardnew

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 I

Answered from Dubai Land Department registered transactions.

How much does a property in Island Park I cost?

Property in Island Park I sells at a current PIX© price of AED 2,417 per sqft, or about AED 2,725,994 for a typical unit, based on 259 sales registered with the Dubai Land Department.

Is Island Park I completed?

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

Who is the developer of Island Park I?

Island Park I 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 I?

Island Park I yields 6.7% gross, calculated from current PIX© rent against current PIX© sale price, across 47 registered Ejari contracts.

How many units are in Island Park I?

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

Have prices in Island Park I gone up or down?

Price per sqft has risen +9.7% over the last 12 months, to AED 2,417, across 259 registered sales.