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Island Park Phase 2 By Emaar - Image 1
1 / 4
Dubai Creek Harbour (The Lagoons), Dubai·Emaar Properties

Island Park Phase 2 By Emaar

AED 1.37MPublished estimate: 11
1-3
Bedrooms
1-4
Bathrooms
672–2,217+
Sqft
Q1 2025
Handover
Explore Dubai Creek Harbour
View community info, amenities & nearby attractions
→

About This Project

Island Park Phase 2 by Emaar Properties in Dubai Creek Harbour is a completed freehold apartment development with 1- to 3-bedroom homes. Verified project sizes range from about 672 to 2,217 sq ft, while current listings support 1 to 4 bathrooms. Published handover Q1 2025; catalogue starting price AED 1,374,824. The available residences include 1–3-bedroom apartments with 1–4 bathrooms, spanning approximately 672–2,217 sq ft. The lifestyle offering features Swimming Pool, Gymnasium, Children's Play Area, Landscaped Gardens, Multipurpose Room, and Barbecue Area. As an ready project, it carries a published 5/55/40 payment plan and a Q1 2025 handover target. For investment planning, the working model uses a 6% stabilized gross rental yield and 11% expected ROI; ROI includes a fixed 5% appreciation assumption, and actual returns can vary with costs, vacancy and market conditions. Buyers should reconfirm current availability, service charges, final layouts and contractual terms before committing.

Amenities

Swimming Pool
Gymnasium
Children's Play Area
Landscaped Gardens
Multipurpose Room
Barbecue Area
Waterfront Promenade

Related Keywords

Island Park Phase 2 By EmaarEmaar PropertiesDubai Creek Harbour (The Lagoons)DubaiApartment

Key Features

Theme
Apartment
Unique
Dubai Creek Harbour (The Lagoons), Dubai
Price
AED 1.4M

Property Documents

Request available documents for this property

Investment Potential

11
Published ROI Estimate

Verify assumptions independently

6
Published Rental Yield

Gross/net basis may vary

Property Price: AED 1.37M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

Residency eligibility is subject to current government criteria and approval

Payment Plan

5/55/40
5%Booking
55%During
40%On
Booking
AED 0.07M(5%)
During Construction
AED 0.76M(55%)
On Handover
AED 0.55M(40%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Q1 2025

Frequently Asked Questions

What property types are available at Island Park Phase 2 By Emaar?

Verified options are apartment configurations with 1 bedroom, 2 bedroom, 3 bedroom. Availability should be confirmed for the selected release.

When is Island Park Phase 2 By Emaar expected to be completed?

The published handover target is Q1 2025. Construction schedules may be revised by the developer.

What are the modeled returns for Island Park Phase 2 By Emaar?

The modeled stabilized gross rental yield is 6.0% and modeled annual total ROI is 11.0%, including a 5.0% appreciation assumption. These estimates are not guaranteed.

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Mortgage Calculator

Property Price
AED 1,374,824
Down Payment25% (AED 343,706)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 1,031,118
Monthly PaymentAED 5,273
Total InterestAED 550,782

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeApartment
Payment Plan5/55/40
HandoverQ1 2025
DeveloperEmaar Properties
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Review current property-based residency criteria

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