Island Park 2 — project image
✓ Resale Available

Island Park 2

From AED 2.01M·Completed Apr 2025·Accepted payment methods: bank_check Payment
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AED 2.01M
Starting Price
Apr 2025
Handover
Accepted payment methods: bank_check
Payment Plan
1 BR · 2 BR
Type

Project Overview

Island Park 2 is a luxury second phase complex produced by Casabella Luxury Real Estate. This project from well-known developer Emaar Properties is located in the Creek Harbour. The premial 11-storey building features elegantly designed 1, 2 and 3 bedroom apartments. Surrounded by beautiful lush landscapes, with easy access to the vibrant boulevard and top-notch amenities, this project offers everything you need for a comfortable and relaxed lifestyle. Each of the apartments at Island Park 2 combines modern elements of first-class quality to form a luxurious living space. Perfect proportions, rich finishes, thoughtful functionality will make living in the complex cozy and comfortable. From the windows of the apartments there is a beautiful view of Dubai Creek Tower and Burj Khalifa. Residents of Island Park 2 always take advantage of the fitness room, outdoor pool, barbecue area, children's playground. The complex equipped by 24-hour security and video security systems. There are many green recreation areas, gardens and parks. The embankment, marina, yacht club, many restaurants and cafes, branded stores are also within walking distance. Good transport accessibility allows for quick access to key areas of Dubai. Dubai Mall is just 15 minutes away, Palm Jumeirah Island - in 25 minutes, Dubai International Airport and Al Maktoum Airport in 20 and 45 minutes respectively.

Project Specifications
DeveloperCasabella Luxury Real Estate
LocationDubai Creek Harbour
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai Creek Harbour
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 86,622 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,376
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 923,429 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Island Park 2 — View 2
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Astraterra Properties

Official Documents

Download official marketing materials from Casabella Luxury Real Estate.

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Payment Structure

Accepted payment methods: bank_check

Published payment summary

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Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Kids Play Area
Landscaped garden
Leisure areas
Lift
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths

Location

Dubai Creek Harbour

Nearby Destinations

Dubai Creek Harbour

Developer and Project Facts

01

Island Park 2 by Casabella Luxury Real Estate

02

Located in Dubai Creek Harbour

03

Starting from AED 2,007,454

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Apr 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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