Island Park 2

sland Park 2 residential complex is located in the new Dubai Creek Harbour area and is presented as a modern 11-storey building. Construction of the project by Emaar Properties, the leading developer in the UAE, was started in 2017. The purchase of the property will occur prior to the completion of the complex.

Island Park 2 comprises 154 properties overlooking the canal, waterfront, Dubai Creek Tower and the park. All apartments have a comfortable layout, panoramic windows and are sold with full finishes and equipped bathrooms. The design of the residences as well as the external facade of the building has a contemporary style.

The residents have access to the following amenities in the complex:

Island Park 2 offers 1, 2 and 3-bedroom apartments with a minimum size of 68 square meters (721 square feet). One-bedroom apartments start at AED 1,200,000 (approximately USD 330,000).

The Dubai Creek Harbour development, where the complex is located, will also be nearing completion with many retail and tourist facilities coming on stream by the time construction is complete. The new luxury district is increasingly attracting the attention of investors and tenants, which contributes to the development of commercial activities and a high return on investment in the project. Thanks to the low number of stories and relatively large size of the apartments, Island Park 2 is particularly comfortable in comparison to some other complexes of the area.

Large-scale projects from the well-known developer Emaar Properties attract foreign buyers because of the high return on investment. In Island Park 2 the average price of a studio apartment is about AED 1,300,000 (USD 354,000) and the annual rent is AED 65,000-70,000 (USD 17,700-19,000). Thus, investors can expect a profitability of 4.35%.