−4% Island Park 1
1 BR · Apartment · 1 bathroom
Price history
Listed since 2 October 2026. The price has been cut once — dates and figures from the listing itself.
- 3 November 2026 AED 2 450 000
- 5 November 2026 AED 2 350 000 -4%
About the building
11-storey residential building in Creek Island, completed in 2025. Developer — Emaar Properties. Architect — Al Shandagha Architects & Engineering Consultants.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
Dubai Creek Harbour
Emaar’s waterfront city on Dubai Creek: delivered in phases over decades, with the Downtown skyline across the water.
- long-term holds
- waterfront at below-Downtown prices
- Emaar community management
What to check: Much of the masterplan is unbuilt and the anchor attractions are years away. Buy in a completed phase with a protected outlook and price it on what exists — not on the render of what the district will eventually be.
Full district guide →Questions and answers about lot NP4-596869
How much is this 1-bedroom apartment in Island Park 1?
Lot NP4-596869 is priced at AED 2 350 000, about $640 000. The size is 832 sq ft (77 m²), which works out at AED 2 825 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 2 450 000 to AED 2 350 000: AED 100 000 less, or 4%. It was cut once. On the market since 2 October 2026.
Is this expensive or cheap for Dubai Creek Harbour?
The database holds 65 lots in Dubai Creek Harbour, starting from AED 1 600 000. The area median is AED 2 634 per sq ft; this lot, at AED 2 825, is 7% above it. 24 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Creek Harbour area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2025 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 470 000; a loan of AED 1 880 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 700–11 000 a month. A non-resident puts down from 40% (AED 940 000) and pays about AED 7 200–8 200 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 94 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 350 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Island Park 1?
The building has 11 floors and 154 units. Completion year: 2025. Figures are from the project passport: Propsearch and the Dubai Land Department.
What does the seller say about the property itself?
From the listing: bathrooms — 1.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-596869 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Island Park 1
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Dubai Creek Harbour
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram