Island Park II in Dubai Creek Harbour - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Island Park II

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	68	27,582	1,880,000
2	103	26,734	2,750,000
3	161	24,185	3,900,000

Rents in Island Park II

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	68	1,912	130,000
2	107	1,682	180,000

The cap rate (rental yield) of investments into Island Park II project is 6.9% on average.

The price of an apartment in Island Park II is 25,641 AED/sqm on average.

The long term rent of an apartment in Island Park II is 1,771 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Island Park II is 1,880,000 AED or 27,582 AED/sqm.
Price for completed 2 bedroom apartment in Island Park II is 2,750,000 AED or 26,734 AED/sqm.
Price for completed 3 bedroom apartment in Island Park II is 3,900,000 AED or 24,185 AED/sqm.

Rent for 1 bedroom apartment in Island Park II is 130,000 AED or 1,912 AED/sqm.
Rent for 2 bedroom apartment in Island Park II is 180,000 AED or 1,682 AED/sqm.

About Island Park II

'Island Park II' in 'Dubai Creek Harbour' area project description

Island Park II is a prominent residential project located in the heart of Dubai Creek Harbour, an area known for its promising future as a hub of modern living, commerce, and recreation. Set against the backdrop of the stunning Dubai Creek, the development is designed to offer a harmonious blend of luxury, comfort, and convenience.

The project comprises a series of meticulously planned residential towers, each providing panoramic views of the iconic Dubai skyline and the serene waters of the Creek. Island Park II caters to a variety of lifestyle preferences with its diverse range of apartments, including one, two, and three-bedroom units. These homes are thoughtfully designed to maximize space, natural light, and views, making them ideal for families, professionals, and investors.

Island Park II is characterized by its contemporary architecture, which seamlessly integrates with the natural surroundings. The use of high-quality materials and state-of-the-art construction techniques ensures durability and elegance. Interiors are designed with a focus on modern living, featuring open-plan layouts, premium finishes, and high-end fittings. Floor-to-ceiling windows not only offer breathtaking views but also create a bright and airy ambiance within the homes.

Residents of Island Park II can indulge in an array of world-class amenities that cater to their holistic lifestyle needs. The development boasts beautifully landscaped parks and green spaces, offering a tranquil environment for relaxation and leisure. A well-equipped fitness center, swimming pools, and dedicated children's play areas ensure that residents of all ages can enjoy an active and healthy lifestyle. Additionally, the project includes multi-purpose rooms and sophisticated lobbies, enhancing the overall living experience.

One of the standout features of Island Park II is its strategic location within Dubai Creek Harbour. Positioned just minutes away from key landmarks like Downtown Dubai and Dubai International Airport, the development ensures seamless connectivity to the city's major hubs. Residents can also enjoy easy access to the Creek Marina, retail and dining outlets, and a vibrant promenade that promises an exciting blend of entertainment and leisure activities.

Moreover, Dubai Creek Harbour is envisioned as a smart city with advanced infrastructure and sustainable practices, aligning with Dubai's vision of a green and futuristic urban environment. Island Park II contributes to this vision by offering eco-friendly features and energy-efficient systems, promoting sustainable living.

In summary, Island Park II in Dubai Creek Harbour represents a unique combination of luxury, convenience, and sustainability, making it a coveted address for those seeking a premium lifestyle in Dubai. With its exceptional design, top-notch amenities, and strategic location, Island Park II promises to be a landmark development in one of Dubai's most dynamic and evolving districts.

Q&A on Island Park II

What are the advantages of 'Island Park II' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: Dubai Creek Harbour is a rapidly developing area that promises significant growth and appreciation in property values. Being part of a landmark project adds prestige to your investment.
2. Scenic Views: Many units in Island Park II offer breathtaking views of Dubai Creek, the Dubai skyline, and the upcoming iconic Dubai Creek Tower.
3. Modern Amenities: The development offers high-end amenities including swimming pools, fitness centers, parks, and retail outlets, ensuring a luxurious and convenient lifestyle.
4. Family-Friendly: Designed to be family-centric, Island Park II features landscaped gardens and children's play areas, making it ideal for families.
5. Sustainability: The project incorporates sustainable design principles, enhancing its appeal to environmentally conscious buyers.
6. Proximity to Key Areas: Located close to Downtown Dubai and Dubai International Airport, it provides easy access to key business hubs and travel points.
7. Future Growth Potential: As part of the larger Dubai Creek Harbour development, the area is expected to become one of Dubai’s premier lifestyle destinations, adding to long-term investment value.

Disadvantages:

1. Ongoing Construction: The area is still under development, which may result in noise, dust, and other inconveniences in the short term.
2. High Initial Costs: Properties in this prime location can be expensive, and the upfront costs may be a barrier for some buyers.
3. Market Fluctuations: Being a relatively new area, property values might be more susceptible to market volatility.
4. Limited Immediate Amenities: While future plans are extensive, some amenities and infrastructure might not be fully operational immediately.
5. Community Development Lag: It may take time for a fully established community to develop, which could affect the social and communal experience in the initial phase.
6. Traffic and Accessibility: As one of the upcoming areas, the initial phase might experience traffic congestion due to ongoing construction projects.

What projects are better than 'Island Park II' project in Dubai which are located close by, and why?

The 'Dubai Creek Residences' stand out for their iconic towers offering panoramic views of the Dubai skyline and the Creek, as well as premium amenities. 'Creek Horizon' is notable for its twin-tower complex that provides a diverse range of apartment layouts, elegant design, and extensive leisure facilities. 'Creekside 18' offers high-quality finishes, stunning views, and excellent community amenities such as swimming pools, gyms, and BBQ areas. 'Creek Gate' provides a balance of luxury and affordability, with beautifully designed apartments and access to numerous recreational spaces. These projects have been frequently praised for their prime locations, architectural innovation, and superior lifestyle offerings compared to 'Island Park II'.

What are the closest schools to 'Island Park II' project in Dubai?

- Swiss International Scientific School: Located in Healthcare City Phase 2 in Al Jaddaf, approximately 10-15 minutes from Dubai Creek Harbour.

- Dubai Modern Education School: Situated in Al Mizhar 1, it is about a 20-minute drive from the Creek Harbour area.

- Repton School Dubai: Located in Nad Al Sheba 3, roughly 20-25 minutes away by car.

- The Indian High School: This school has multiple campuses, with the Junior School campus in Oud Metha within a 20-minute drive.

- Cambridge International School: Found in Al Garhoud, it is around 20 minutes from Dubai Creek Harbour.

What are the closest medical clinics to 'Island Park II' project in Dubai?

1. Creek Harbour Health Center - Located within Dubai Creek Harbour itself, this clinic is designed to meet the healthcare needs of residents.
2. Nad Al Hammar Health Center - Situated in Nad Al Hammar, approximately a 10-minute drive from Dubai Creek Harbour.
3. Dubai Festival City Health Hub - Located in Dubai Festival City, around a 15-minute drive from the development.
4. Mediclinic Welcare Hospital - Positioned in Garhoud, about a 15 to 20-minute drive from Island Park II.
5. Dr. Humeira Badsha Medical Center - Found in Healthcare City, also roughly a 15 to 20-minute drive away.