Island Park Phase 2 By Emaar in Dubai Creek Harbour (The Lagoons)
Island Park Phase 2 By Emaar · Dubai Creek Harbour (The Lagoons), Dubai
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Launch Price
AED 1.37M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
5/55/40
Handover
TBC
Projected Yield
5.3 to 7.4%
Launching in Dubai Creek Harbour (The Lagoons), Dubai, Island Park Phase 2 By Emaar is a multiple/other development priced from AED 1.37M. Buyers pay 5% on booking, 55% across the construction phase, and settle the final 40% on handover. The waterfront address commands a rental premium, reflected in projected gross yields between 5.3 and 7.4 percent annually. Use MonthlyDubai's free matching service to check whether Island Park Phase 2 By Emaar fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 26,074/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 5% | AED 68,741 Due on signing SPA |
|
| During Construction | 55% | AED 26,074/mo 29 monthly instalments |
|
| On Handover | 40% | AED 549,930 Due at TBC |
|
| Total | AED 1,374,824 | ||
On Booking
5%
AED 68,741
Due on signing SPA
During Construction
55%
AED 26,074/mo
29 monthly instalments
On Handover
40%
AED 549,930
Due at TBC
Total
100%
AED 1,374,824
Questions about Island Park Phase 2 By Emaar
What payment plan does Island Park Phase 2 By Emaar offer?
Island Park Phase 2 By Emaar uses a 5/55/40 payment plan. Buyers pay 5% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Island Park Phase 2 By Emaar fits your budget and send you comparable alternatives.
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