Island 2
جزيرة 2Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Island 2 was AED 6,693/sqft in October 2024, from 6 sales recorded that month.
AED 6,693/sqft
October 2024 · 6 sales
+142.9%
+12%
13%
12 months to 7 October 2026 · 16 sales
5.0%
Ready homes, 12 months to 7 October 2026 · 14 sales · 61 new lets
35
All years, 2018–2026 · 288 resales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
A typical residential sale here was AED 22.75M for about 2,434 sqft in the 12 months to 7 October 2026 (16 sales); across all 523 recorded sales the typical price is AED 10M.
Ready-home prices here have moved +142.9% across the 97 months (Jul 2018 – Aug 2026) of Land Department records we hold. That is a pace of +12% a year if it kept going.
That is all 97 months of records for this area, shown as a yearly pace. It averages over every rise and fall in that time, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Off-plan and ready are different markets
Off-plan
AED 12,861/sqft
2 sales, 12 months to 7 October 2026
AED 3,270/sqft
237 sales since 2017
Ready
AED 9,233/sqft
14 sales, 12 months to 7 October 2026
AED 5,010/sqft
286 sales since 2017
Across every recorded sale since 2017, off-plan sold 35% below completed homes here.
Too few sales for a comparison: each price above stands on its own sales, so no percentage between off-plan and completed homes is shown.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What each size costs in Island 2
Typical size and price for every bedroom count. A size with at least 15 recorded sales is well evidenced; a size with fewer is still shown, with a red (i) and the number of sales behind it. The Dubai Land Department records the number of bedrooms on nearly every sale, so these figures come from real sales, not estimates. The main price is for the last 12 months. The typical price across every sale on record sits under it.
Rent: the typical rent on new lets, matched by bedrooms or by size.
Apartments
| Size | Typical floor area | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| 1 bed | 1,572 sqft | AED 14.21M 2 sales all years AED 5,203,000 | AED 3,308/sqft | AED 750,000/yr 11 rent contracts | 80 |
| 2 beds | 1,938 sqft | AED 21.5M 5 sales all years AED 8,148,000 | AED 3,989/sqft | AED 940,000/yr 17 rent contracts | 117 |
| 3 beds | 2,698 sqft | AED 40M 2 sales all years AED 11.3M | AED 4,022/sqft | AED 1,500,000/yr 17 rent contracts | 131 |
| 4 beds | 6,550 sqft | AED 80M 1 sale all years AED 63.95M | AED 9,838/sqft | — | 39 |
| 5 beds | 11,655 sqft | AED 155M 1 sale all years AED 137.35M | AED 11,785/sqft | — | 17 |
| 6 beds | 3,166 sqft | fewer than 10 sales in 12 months all years AED 20.06M | AED 6,336/sqft | — | 2 |
Villas and townhouses, as the Land Department records them
| Size | Typical floor area | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| 3 beds | 2,976 sqft | AED 21.5M 3 sales all years AED 5,984,000 | AED 2,002/sqft | AED 1,450,000/yr 11 rent contracts | 84 |
| 4 beds | 4,504 sqft | AED 22.17M 2 sales all years AED 7,627,000 | AED 1,694/sqft | — | 26 |
| 5 beds | 5,102 sqft | fewer than 10 sales in 12 months all years AED 11.23M | AED 2,040/sqft | — | 26 |
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
What exists here, and who may own it
Most figures on this page are about sales and rents. This one counts what exists, not what sold: the units on the Land Department’s register.
Units on record
212
In Island 2, from the Land Department's register of flats.
Freehold
100%
Every unit in Island 2 with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
2,611 sqft
Typical size of the 211 units that record one.
By size of home
No villas in this register.
Dubai Land Department · unit register The Land Department's unit register · counts, not valuations. File dated 8 Oct 2026 · synced 9 Oct 2026.
Villas on the Land Department's register in Island 2
The Land Department's buildings file lists 93 villas in Island 2; 25 of them stand alone on a plot in the land register with both sizes recorded, which is fewer than the 30 needed, so no plot band is shown.
In the Land Department's buildings file dated 5 Oct 2026 and in the Land Department's land register dated 10 Oct 2026.
Dubai Land Department · building register The Land Department's buildings file · each villa record's built-up area and bedrooms, as recorded. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · land register The Land Department's land register · the plot a villa stands alone on, as the Municipality measures it · no owner. File dated 10 Oct 2026 · synced 11 Oct 2026.
Rental market
From 77 Ejari rent contracts , last 12 months. These are the rents tenants agreed to pay, not advertised rents.
Typical yearly rent
AED 850,000/yr
for ~2,245 sqft
Rent per sqft
AED 445/sqft
per year
Renewals
21%
of contracts
Contracts
77
last 12 months
What it costs to rent here
Typical yearly rent, by size of home. Each group's bars are measured against its own largest rent.
Apartments
- 1 bedAED 750,000/yr
- 2 bedsAED 940,000/yr
- 3 bedsAED 1,500,000/yr
Villas and townhouses, as the Land Department records them
- 3 bedsAED 1,450,000/yr
Matched by number of bedrooms where Ejari records one (most contracts do), and by floor area where it does not. The table below says which for each row. Renewing tenants pay about 5% less per sqft than someone signing a new lease here.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Island 2 over the same twelve months. Rents come from Ejari rent contracts and prices from recorded sales. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium. A red (i) marks a figure that rests on few records, with how many.
Apartments
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| 1 bed | AED 14.21M | AED 750,000/yrby bedroom · 11 new lets | 5.3% | 2 |
| 2 beds | AED 21.5M | AED 940,000/yrby bedroom · 17 new lets | 4.4% | 5 |
| 3 beds | AED 40M | AED 1,500,000/yrby bedroom · 17 new lets | 3.8% | 2 |
Villas and townhouses, as the Land Department records them
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| 3 beds | AED 21.5M | AED 1,450,000/yrby bedroom · 11 new lets | 6.7% | 3 |
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Island 2
How much is rent in Island 2?
The typical rent (the median: half of the rent contracts were above this, half below) in Island 2 is AED 750,000/yr for a 1-bedroom, AED 940,000/yr for a 2-bedroom, AED 1,500,000/yr for a 3-bedroom and AED 1,450,000/yr for a 3-bedroom. These rents come from the rent contracts recorded in Ejari (Dubai's rent registration system) in Island 2 over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Each rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not. Each row on this page says which.
How much do properties cost in Island 2?
The typical price (the median: half sold for more than this, half for less) for residential sales in Island 2 was AED 6,693/sqft in October 2024, from 6 sales recorded that month. Over the 12 months to 7 October 2026, homes here typically sold for about AED 22.75M and measured about 2,434 sqft (16 sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices.
What rental yield does Island 2 give?
The yield before costs in Island 2 is about 5.0% on ready homes. That is a year of rent (61 new lets; renewals are left out) divided by what completed homes sold for over the same 12 months to 7 October 2026 (14 sales). Off-plan sales are left out because nobody pays rent on an unbuilt home. Service charges, commission and empty periods are not taken off.
Is Island 2 freehold?
Yes. Every unit in Island 2 whose ownership type is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 212 units for the area.
Is Island 2 mostly off-plan or completed homes?
13% of the 16 sales recorded in Island 2 in the 12 months to 7 October 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. The two sell at different prices, so one price per square foot for both together would describe neither.
Prices by quarter, Q4 2024 to Q3 2026
Typical sale price per sqft in Island 2, by calendar quarter of the sale date, with ready homes and off-plan sales kept apart. Only complete quarters are shown. A quarter with 60 or more sales is well evidenced; one with fewer is still shown, with a red (i) and the number of sales, and no change against a year earlier is worked out from it.
| Quarter | Ready homes · typical price per sqft | vs a year earlier | Off-plan · typical price per sqft |
|---|---|---|---|
| Q4 2024 | AED 6,815/sqft11 sales | — | AED 11,385/sqft2 registrations |
| Q1 2025 | AED 7,057/sqft4 sales | — | —0 registrations |
| Q2 2025 | AED 11,492/sqft9 sales | — | AED 12,576/sqft3 registrations |
| Q3 2025 | AED 8,133/sqft1 sales | — | —0 registrations |
| Q4 2025 | AED 11,502/sqft6 sales | — | AED 13,297/sqft1 registrations |
| Q1 2026 | AED 6,602/sqft3 sales | — | AED 12,424/sqft1 registrations |
| Q2 2026 | AED 8,369/sqft3 sales | — | —0 registrations |
| Q3 2026still being recorded | AED 8,029/sqft2 sales | — | —0 registrations |
Q3 2026 holds 2 ready sales against about 4 in each of the three quarters before it: sales for it are still being recorded, and its typical price will settle in later months.
The typical price moves with the mix of homes that sold, not only with prices.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Typical price per sqft, month by month
Ready and off-plan together · the newest month is still filling up.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Mortgage registrations in Island 2
There were 27 mortgage registrations here in the 12 months to 7 October 2026. That is the date of the newest mortgage registration in our Dubai-wide records. These count registrations, not buyers. The register records each loan on its own and does not link it to a sale, so we cannot tell you what share of purchases were paid for with a mortgage.
- 18 new registrations
- 7 modifications
- 1 pre-registrations
- 1 portfolio registrations
A modification or a transfer is not a new purchase.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Valuations recorded here
Counted from the Land Department's valuations file dated 10 Oct 2026, over the 12 months to 9 Oct 2026.
- Fewer than 20 valuations of flats were recorded in Island 2 in the 12 months to 9 Oct 2026, so Keyva shows no count.
- Fewer than 20 valuations of villas were recorded in Island 2 in the 12 months to 9 Oct 2026, so Keyva shows no count.
A valuation here is an appraisal recorded with the Land Department. It is not a price anyone paid, and the file does not say why each one was recorded. Keyva shows the count and no value.
Dubai Land Department · valuation records Land Department valuations counted as recorded, per property sub-type, in the 12 months to 9 Oct 2026, with a count shown only from 20 valuations · counts, never a price. File dated 10 Oct 2026 · synced 11 Oct 2026.
Buildings in Island 2
Each has at least twenty sales on record, so its own typical price means something. Ordered by how many sales each has had, most first.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Projects in Island 2
Bulgari Lighthouse Dubai
Dhre 2 Bts L.L.C
AED 12,424/sqft
Jan 2026 · 1 home sale
Villa Amalfi
JUMEIRA BAY RESIDENTIAL L.L.C
AED 6,839/sqft
Aug 2026 · 1 home sale
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.