Island Park Phase 2 by Emaar is an 11-story residential high-rise located in the premium Island Park II district of Dubai Creek Harbour (The Lagoons). Developed by Emaar Properties, this project offers 1-, 2-, and 3-Bedroom apartments with stylish, contemporary finishes.
The tower is positioned as a tranquil, green retreat while maintaining seamless connectivity to Dubai’s bustling city life. The apartments provide iconic views of the Burj Khalifa skyline and the landmark Dubai Creek Tower site. The project is nearing completion, making it ideal for buyers seeking ready-to-move-in units or immediate investment returns.
Property Details
| Feature | Details |
| Property Name | Island Park Phase 2 |
| Developer | Emaar Properties |
| Location | Dubai Creek Harbour, Creek Island, Dubai |
| Property Type | Low-Rise Apartment |
| Unit Types | 1, 2, 3 Bedroom Apartments |
| Size Range | 672 to 2,217 sq. ft. |
| Starting Price | From AED 1,400,000 |
| Payment Plan | 5/55/40 |
| Handover | February 2025 |
| Ownership | Freehold |
| Unit Status | Ready / Near Completion |
Features & Amenities
| Category | Details |
| Health & Wellness | Modern Gymnasium / Fitness Center, Dedicated Health Club |
| Leisure & Relaxation | Shared Swimming Pool, Landscaped Parks and Lush Green Surroundings |
| Family & Community | Children’s Play Area, Multipurpose Hall, Barbecue Area |
| Convenience & Access | Boulevard Access with Eateries, Retail Outlets, Cafés, Covered Parking (EV Charging Potential), 24/7 Security |
Location & Connectivity
| Destination | Approx. Drive Time |
| Creek Island Central Park | 200 meters |
| Ras Al Khor Wildlife Sanctuary | 3 KM |
| Downtown Dubai / Burj Khalifa | 15 Minutes |
| Dubai Mall | 15 Minutes |
| Dubai International Airport (DXB) | 20 Minutes |
| Palm Jumeirah | 25 Minutes |
| Al Maktoum International Airport (DWC) | 40 Minutes |
Island Park Phase 2 offers a peaceful island lifestyle while staying well-connected to Dubai’s key landmarks and road networks.
Payment Plan
| Stage | Payment (%) | Notes |
| Down Payment | 5% | On Booking Date |
| During Construction | 55% | Paid in easy installments |
| On Handover | 40% | Upon 100% Completion (February 2025) |
The plan is attractive for investors and end-users alike, allowing major payments to be deferred until handover.
Floor Plans
| Unit Type | Configuration | Size Range (SQ. FT.) | Key Features |
| 1 Bedroom | 1 Bath | 672 to 816 | Optimized layouts, balcony, entry-level units |
| 2 Bedrooms | 2 Bath | 987 to 1,159 | Spacious family apartments with high rental yield potential |
| 3 Bedrooms | 2-3 Bath | 1,416 to 2,217 | Expansive luxury units, corner layouts with dual views |
Why Invest in Island Park Phase 2
- Imminent Handover, Q1 2025 completion reduces construction risk and allows immediate rental income or capital appreciation.
- Prime Island Location, Creek Island provides a serene, park-side lifestyle with easy access to Creek Marina and the boulevard.
- Iconic Views, Protected Burj Khalifa and Dubai Creek Tower vistas enhance long-term value.
- Favorable Resale Terms, Only 40% payable on handover, ideal for resale buyers.
- Proven ROI, Strong rental demand with yields around 6% for 2- and 3-Bedroom units.
FAQs
Q1: When is the delivery date for Island Park Phase 2?
A1: February 2025 (Q1 2025).
Q2: Who is the developer?
A2: Emaar Properties, via The Lagoons Phase One.
Q3: What is the starting price?
A3: AED 1,400,000 for a 1-Bedroom apartment. Resale prices may vary.
Q4: Is Island Park II a good investment?
A4: Yes, due to imminent handover, prime location, and strong rental yields (~6%).
Q5: What major landmarks are nearby?
A5: Creek Island Central Park, Creek Marina, Burj Khalifa, and the future Dubai Creek Tower.
Contact Cresco Real Estate
Island Park Phase 2 offers ready-to-move-in apartments in Dubai Creek Harbour with strong investment potential. Units are limited due to near completion.
Phone: +971 52 102 1429
Email: info@crescorealestate.ae
More about Dubai Creek Harbour
Read the Cresco area guide to Dubai Creek Harbour. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Dubai Creek Harbour area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Dubai Creek Harbour
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 253 residential sales were registered in Dubai Creek Harbour. The median was AED 2,724,888 and the middle half fell between AED 1,945,888 and AED 3,480,000. This project is advertised from AED 1,400,000, which sits below that range.
For the unit type this project leads with, 1 B/R, the registered median in Dubai Creek Harbour was AED 1,828,341 across 87 sales, at AED 2,415 per square foot and a median size of 739 sq ft.
| This project, advertised entry price | AED 1,400,000 |
| Registered median price, Dubai Creek Harbour | AED 2,724,888 |
| Middle half of registered sales | AED 1,945,888 to AED 3,480,000 |
| Registered median per sq ft | AED 2,380 |
| Registered median unit size | 1,144 sq ft |
| Share bought off plan | 50% |
| Ready stock, median per sq ft | AED 2,249 from 127 sales |
| Off plan stock, median per sq ft | AED 2,570 from 126 sales |
| Registered residential sales in the period | 253 |
Registered sales by bedroom count in Dubai Creek Harbour
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| 1 B/R | 87 | AED 1,828,341 | AED 2,415 | 739 sq ft |
| 2 B/R | 124 | AED 3,120,944 | AED 2,377 | 1,215 sq ft |
| 3 B/R | 40 | AED 4,182,500 | AED 2,341 | 1,665 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Dubai Creek Harbour
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Dubai Creek Harbour recorded 6,292 registered rental contracts and 1,358 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 132 per sqft against a ready sale price of AED 2,390 per sqft. That is a gross yield of 5.5% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Dubai Creek Harbour moved +3.2 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -8.5%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| 1 bedroom | 2,600 | 100,093 | 134 | +3.6 |
| 2 bedroom | 2,661 | 151,611 | 129 | +2.5 |
| 3 bedroom | 990 | 227,446 | 131 | +4.5 |
| All apartments | 6,292 | 144,020 | 132 | +3.2 |
Full Dubai Creek Harbour guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 31 August 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to August 2026.
