Island Park I
I آيلاند باركThe Lagoons Phase One L.L.C · Home sales since 2018 · mostly resales in the 12 months to 7 Oct 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Island Park I was AED 2,459/sqft in Feb 2026, from 8 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 160 units · 1 building · DLD target completion February 2025
Registered developer: The Lagoons Phase One L.L.C (DLD no. 1038)
Escrow account with Dubai Islamic Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Dubai Creek Harbour
Typical yearly rent of AED 130,000 across 6,055 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
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.
AED 2,459/sqft
Feb 2026 · 8 home sales
—
No two months with 5+ resales 3 or more years apart.
15 months
Recorded home resales here fall in 15 months, Apr 2025 to Oct 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
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 would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Island Park I — not an asking price, and not this project’s overall typical price, which mixes every size together.
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.
Price per sqft trend
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 it returns
A year of rent compared with what completed homes of that size actually sold for in Island Park I over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Island Park I itself. The rest are homes of the same size in Dubai Creek Harbour, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| 1 bed | AED 1.8M | AED 96,603/yrsame size in Dubai Creek Harbour · 1,124 new lets | 5.4% | 7 |
| 2 beds | AED 2.6M | AED 165,000/yrthis building · 19 new lets | 6.3% | 12 |
| 3 beds | AED 4.04M | AED 255,000/yrthis building · 10 new lets | 6.3% | 15 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 2.14M), a 2 beds here reads 7.7% instead of 6.3%. The yield in the table above uses the AED 2.6M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners’ association budget for 2026 — AED 24/sqft, as recorded with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| 2 beds | AED 26,634 | AED 138,366 | 6.3% | 5.3% |
| 3 beds | AED 39,609 | AED 215,391 | 6.3% | 5.3% |
Only the service charge is taken off.
Reserve fund: AED 1.3/sqft of the AED 24.4/sqft recorded for 2026.
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 Park I
How much does a home in Island Park I cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Island Park I was AED 2.6M for a 2-bedroom (12 ready sales) and AED 4.04M for a 3-bedroom (15 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Island Park I?
The typical rent (the median: half of the rent contracts were above this, half below) in Island Park I is AED 165,000/yr for a 2-bedroom (19 new tenancies recorded in Island Park I itself) and AED 255,000/yr for a 3-bedroom (10 new tenancies recorded in Island Park I itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Island Park I itself.
What rental yield does Island Park I give?
The yield before costs on completed homes in Island Park I is about 6.3% on a 2-bedroom and 6.3% on a 3-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Island Park I selling off-plan or as resales?
0% of the 36 home sales recorded in Island Park I in the 12 months to 7 Oct 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Island Park I start selling?
The Land Department's register holds 261 home sales in Island Park I. The earliest was recorded in Jan 2018 and the newest in Oct 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Dubai Creek Harbour typical price
+0.0%
Priced above the area's typical price — ask why. Feb 2026: 8 sales here against 411 in the area.
Developer track record
15,846 recorded sales
Matched to The Lagoons Phase One L.L.C, Feb 2015 to 7 Oct 2026.
16 completed · 5 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →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 · 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 · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Low competitionWhen Island Park I handed over in February 2025, 1 other project in Dubai Creek Harbour had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 17 other projects in Dubai Creek Harbour as not yet finished. The project listed below is not among them.
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.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
784 m
إعمار العقارية
1.7 km
Nadd Al Hamar Primary School
1.4 km
Al Samha Supermarket
Metro stations
- إعمار العقارية784 m
- دبي فيستيفال سيتي1.4 km
- Auto Market2.6 km
- سوق السيارات2.6 km
Schools
- Nadd Al Hamar Primary School1.7 km
- Universal American School2.7 km
- Sukainah High School2.8 km
- The City School International2.9 km
Supermarkets
- Al Samha Supermarket1.4 km
- Al Taif Grocery1.6 km
- KP Mart1.6 km
- Spinneys1.8 km
Bus stops
- Bus stop2.0 km
- Bus stop2.7 km
- Dubai Festival City, IKEA 12.8 km
- Rebat Tower 22.8 km
Pharmacies
- Parmacy1.5 km
- Aster Pharmacy2.3 km
- Medicina Pharmacy2.5 km
- Marina Pharmacy2.5 km
Malls
- One Square Mall2.4 km
- Marhaba Mall2.4 km
- MMI Festival City2.8 km
Parks
- Nadd Al Hamar Park 12.0 km
- Nadd Al Hamar Park 22.7 km
- Nad Shamma Park3.1 km
Mosques
- Al Samari Masjid2.7 km
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Dubai Creek Harbour — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
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.
Other projects in Dubai Creek Harbour
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Unknown developer
Sep 2026 · 15 home sales
Unknown developer
Sep 2026 · 5 home sales
Dubai Creek Harbour L.L.C
Apr 2026 · 7 home sales
Dubai Creek Harbour L.L.C
1–7 Oct 2026 · 28 home sales
Dubai Creek Harbour L.L.C
Mar 2026 · 11 home sales
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.
Buying in Island Park I?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.