What is the rental yield in Island Park II?

Island Park II returns 6.15% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 45 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Island Park II cost?

The median registered sale price is AED 2.46M (2,219 AED/sqft), from 37 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Island Park II selling for right now?

Registered sales of ready units in Island Park II over the last 12 months have a median of 2,469 AED/sqft, across 13 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Island Park II risen or fallen?

Median price per square foot moved +13.4% over the last 12 months against the 12 before it, on 37 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Island Park II compare with Dubai Creek Harbour?

Its 6.15% gross yield sits +0.7 pts against the Dubai Creek Harbour median of 5.46%, computed at the same bedroom grain over the same 24-month window.

Island Park II — sale prices & yield | Dubai Creek Harbour, Dubai

Buy: 2.46MAED; AED 2,469/sqft
Long-let: 6.15%; AED 160,000/yr
Short-let: 8.89%; AED 962/night · 0.87/sqft

Price per sqft: Median of 13 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread: +0.7 pts; vs the Dubai Creek Harbour median for this unit type
AED/yr/sqft: AED 143
Sales: 37
Rental contracts: 45
Short-let listings seen: 15+

12 months: +13.4%
3 years: +25.1%+7.8%/yr

Based on 37 sales and 45 rental contracts in the last 24 months.

Island Park II is an apartment building in Dubai Creek Harbour, Dubai. The closest metro station is Creek Metro Station, the nearest mall City Centre Mirdif and the nearest landmark Dubai International Airport. Land Department records for it run from 2022 to 2026, 684 registered sales in all — the 37 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Island Park II, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 1.76M	2364	5.98% +0.2 pts	+10.5%	27
2 bed	AED 2.46M	2219	6.15% +0.7 pts	+13.4%	37
3 bed	AED 3.60M	2232	7.29% +1.6 pts	+4.8%	35

Deltas compare each yield with the Dubai Creek Harbour median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Island Park II

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	737	0.99	AED 169,237	AED 110,000	1.5×	9.62%	2+
2 bed500m	962	0.87	AED 218,768	AED 160,000	1.4×	8.89%	15+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Island Park II itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Island Park II between 2022 and 2025 went for a median of AED 1,900/sqft (AED 1.89M). The same building resells today at AED 2,266/sqft (AED 2.50M) — an uplift of +41.2%.

Based on 280 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

35 resales in the last 12 months, against 58 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
12 Aug 2026	3 bed	1,620	AED 3,480,000	2,148
5 Aug 2026	2 bed	1,095	AED 2,400,000	2,193
23 Jun 2026	1 bed	733	AED 2,000,000	2,730
17 Jun 2026	1 bed	730	AED 1,840,000	2,522

4 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
28 Aug 2026	3 bed	1,433	AED 234,000	163	New
25 Aug 2026	2 bed	1,089	AED 180,000	165	New
22 Aug 2026	1 bed	734	AED 90,000	123	New
15 Aug 2026	1 bed	734	AED 90,000	123	New
25 Jul 2026	1 bed	727	AED 90,000	124	New
1 Jul 2026	3 bed	1,644	AED 250,000	152	New
1 Jul 2026	2 bed	1,156	AED 140,000	121	New
1 Jul 2026	2 bed	1,108	AED 150,000	135	New
27 Jun 2026	2 bed	1,157	AED 145,000	125	New
21 Jun 2026	2 bed	1,081	AED 165,000	153	New
20 Jun 2026	2 bed	1,095	AED 150,000	137	New
20 Jun 2026	2 bed	1,089	AED 119,000	109	New
9 Jun 2026	2 bed	1,155	AED 160,000	139	New

13 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 13
Lifts: 4
Parking bays: 216
Swimming pools: 1

Nearby

Metro: Creek Metro Station
Mall: City Centre Mirdif
Landmark: Dubai International Airport

Compare with nearby buildings

The most-traded buildings in Dubai Creek Harbour, on the same figures over the same window.

Highest rental yields in Dubai Creek Harbour · Island Park II places 9th of 86

Common questions

What is the rental yield in Island Park II?: Island Park II returns 6.15% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 45 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Island Park II cost?: The median registered sale price is AED 2.46M (2,219 AED/sqft), from 37 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Island Park II selling for right now?: Registered sales of ready units in Island Park II over the last 12 months have a median of 2,469 AED/sqft, across 13 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Island Park II risen or fallen?: Median price per square foot moved +13.4% over the last 12 months against the 12 before it, on 37 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Island Park II compare with Dubai Creek Harbour?: Its 6.15% gross yield sits +0.7 pts against the Dubai Creek Harbour median of 5.46%, computed at the same bedroom grain over the same 24-month window.

Island Park II