Island Park I rents
- 33 new leases and 3 renewals in 12 months
- 154 units
- Dubai Creek Harbour
- near Creek Metro Station
A two-bed here leases for about AED 165,000 a year, 14% above the typical Dubai Creek Harbour two-bed.
2 bed · typical new lease
165,000AEDa year
AED 149/sqft · +10.0% on a year
- A month, roughly
- AED 13,750
- vs Dubai Creek Harbour 2 bed
- 14% above the median
- New leases, 12 months
- 17
What should a lease in Island Park I cost?A two-bed leases for about AED 165,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai Creek Harbour median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A two-bed here now costs 10.0% more than a year earlier: AED 165,000 against 150,000.
Chart data, 2 bed: Jul 2025, AED 157,500; latest, Jul 2026, AED 160,000; peak, May 2026, AED 195,000.
36 contracts starting on or after 12 Oct 2025.
About Island Park IA 13-floor tower in Dubai Creek Harbour, a 14-minute drive from DXB Airport
Island Park I is an apartment building completed in 2025 by The Lagoons Phase One in Dubai Creek Harbour. 36 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 24.40/sqft a year
- Floors
- 13
- Lifts
- 4
- Parking bays
- 215
- Pools
- 1
- Master developer
- The Lagoons Phase One
Drive times · typical
- Downtown
- 20 min · 13 km
- DXB Airport
- 14 min · 7.1 km
- DIFC
- 17 min · 16 km
- Dubai Marina
- 28 min · 31 km
- Palm Jumeirah
- 34 min · 35 km
Nearest, as registered
- Metro
- Creek Metro Station
- Mall
- City Centre Mirdif
- Landmark
- Dubai International Airport
Letting a unit in Island Park I?23% of units here signed a yearly lease in 12 months, above the Dubai Creek Harbour median
- Units on a yearly lease
- 23%Watch
- Dubai Creek Harbour median 0%; top tenth from 52%
- Short-let instead, two-bed
- AED 962
- a night on Airbnb; nets 1.1× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Island Park I sale prices →Comparables in Dubai Creek Harbour
Every Dubai Creek Harbour building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Island Park I places 5th of 96; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Island Park I.
At 2 bed, Island Park I ranks 6th of 93 by rent per square foot and 5th of 59 by gross yield in Dubai Creek Harbour.
Market context in Dubai Creek Harbour
Registered sales activity
1,285 ready apartment sales in the 12 months to 2026-10-12.
+2.5% in median AED/sqft versus the preceding year, supported by 1,285 current and 1,419 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 4 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today.
Ready prices per sqft fell in 27% of 63 buildings (counted once per bedroom type) in Dubai Creek Harbour with sales in both years; the typical one moved +2.7%.
New-lease rents fell in 44% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
More from The Lagoons Phase One
Harbour Views Podium
Dubai Creek Harbour · 253 contracts, 12 months
135,000
AED a year median · 128/sqft
Harbour Views T1
Dubai Creek Harbour · 253 contracts, 12 months
135,000
AED a year median · 128/sqft
Harbour Views T2
Dubai Creek Harbour · 253 contracts, 12 months
135,000
AED a year median · 128/sqft
The Dubai Creek Residences - North Podium
Dubai Creek Harbour · 248 contracts, 12 months
174,532
AED a year median · 120/sqft
Nearby in Dubai Creek Harbour
Prices per sq ft around Island Park I, on the mapPrices per sq ft around Island Park I, on the map
Savanna at Creek Beach Building 1
Dubai Creek Harbour · 278 contracts, 12 months
110,000
AED a year median · 118/sqft
Cedar at Creek Beach Building 1
Dubai Creek Harbour · 278 contracts, 12 months
110,000
AED a year median · 118/sqft
Mangrove at Creek Beach Building 2
Dubai Creek Harbour · 278 contracts, 12 months
110,000
AED a year median · 118/sqft
Savanna at Creek Beach Building 3
Dubai Creek Harbour · 278 contracts, 12 months
110,000
AED a year median · 118/sqft
Ask about Island Park I
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Common questions
- What is the registered annual rent for a 2 bedroom in Island Park I?
- The median new annual rent is AED 165,000, from 17 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Island Park I risen or fallen?
- The median new annual rent changed +10.0% in the trailing 12 months against the previous 12, using 17 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in Island Park I?
- 12 sales were registered with the Dubai Land Department in the last 12 months, alongside 17 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Island Park I?
- Creek Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is City Centre Mirdif.
- What is the rental yield in Island Park I?
- Island Park I returns 6.3% gross: a median new-contract rent of AED 165,000 a year (17 Ejari contracts in 12 months) over a price benchmark of AED 2.60M (median of 12 sales in the last 12 months, latest Apr 2026), before service charge, agency fees or vacant months.
For agents
Send this page to a client as a branded report
Island Park I rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 10 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/dubai-creek-harbour/island-park-i
Cite as: Dubai Wealth Index. “Island Park I rents and yield.” Dubai Creek Harbour, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-creek-harbour/island-park-i
Stable dataJSON