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Park Island
1-2 BR
Apartments
$ 381 000
Starting Price
Park Island is a project consisting of four skyscrapers, located on the western side of the canal in the heart of Dubai Marina. This unique complex by Emaar Properties offers a multitude of conveniences and services. Apartments with 1-2 bedrooms are available for purchase.
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Park Island by Emaar Properties

Park Island is located in the resort area of Dubai Marina, which is just a few minutes' walk from the beautiful and well-maintained JBR Beach. The complex consists of four towers: the 24-storey Sanibel and Blakely, and the 28-storey Fairfield and Bonaire. The project was implemented by one of the leading developers in the emirate, Emaar Properties, and construction was completed in 2010.

The available apartments for purchase range from 710 sq. ft to 3,918 sq. ft and feature 1-2 bedrooms. The interior design of each unit consists of light tones and open-plan spaces. All apartments come fully furnished, the bedrooms have built-in wardrobes, the kitchens are equipped with appliances, and the bathrooms feature high-end sanitary fixtures. Some one-bedroom apartments also include a study room, a maid's room, and a spacious balcony. Two-bedroom apartments offer one to three bathrooms depending on the size, a separate dining area, a living room, and two balconies. The windows in every residence provide gorgeous views of the yacht marina and the Arabian Gulf.
Park Island residents have access to world-class amenities and services, including:

  • Pools and recreational areas for adults and children
  • Wellness centre with a sauna, steam room, and a jacuzzi
  • Mini-theater
  • Two squash courts
  • Billiards and table tennis rooms
  • Gym and fitness centre
  • Outdoor and indoor playgrounds
  • 24-hour security
  • Concierge services
  • Parking facilities
As of the second quarter of 2023, the starting price for one-bedroom apartments in Park Island is AED 1.4M (USD 381K). The cost of two-bedroom apartments starts from AED 2.4M (USD 653K).
Park Island residents have access to world-class amenities and services, including:

  • Pools and recreational areas for adults and children
  • Wellness centre with a sauna, steam room, and a jacuzzi
  • Mini-theater
  • Two squash courts
  • Billiards and table tennis rooms
  • Gym and fitness centre
  • Outdoor and indoor playgrounds
  • 24-hour security
  • Concierge services
  • Parking facilities
As of the second quarter of 2023, the starting price for one-bedroom apartments in Park Island is AED 1.4M (USD 381K). The cost of two-bedroom apartments starts from AED 2.4M (USD 653K).
Pools and recreational areas
Concierge services
Gym and fitness centre
Wellness centre with a sauna

Location

Park Island is located within a five-minute walk from the well-known promenade of The Walk, and one of Dubai's most popular sandy beaches; JBR Beach. Just a few steps away from the complex, there is a tram station called Jumeirah Beach Residence and a bus stop named Royal Meridian. Public transportation is convenient to use during rush hours when the Sheikh Zayed Road highway is busy. Dubai International Airport and Al Maktoum International Airport can both be reached by car within half an hour.

Within just a few minutes' walk from the complex, you'll find Monroes Nursery with a British education system, and Baby Sensory, which is a developmental centre for infants aged 0 to 13 months. Additionally, there is Super Dooper, which is an educational and entertainment centre for children aged 5 to 15 years, located within walking distance. Within a 10-minute drive, Marina Medical Center and King's Marina Medical Centre provide a comprehensive range of medical services.

Within a radius of 10-15 minutes, you'll find:

  1. Dubai Marina Mall: One of Dubai's largest shopping centres, housing 140 branded stores, restaurants, cafes, and cinemas.
  2. The Walk: A shopping and entertainment promenade along the Dubai Marina canal. It offers cosy cafes, fashionable restaurants, luxury boutiques, art installations, and interactive attractions. It's a favourite leisure spot for locals and tourists.
  3. Bluewaters Island: An island featuring The Cove sandy beach, entertainment options, restaurants, and the world's largest observation wheel, Ain Dubai.
  4. SkyDiving Dubai: An extreme sports club where you can tandem skydive with an instructor and witness Dubai from a bird's-eye view.
Within a radius of 10-15 minutes, you'll find:

  1. Dubai Marina Mall: One of Dubai's largest shopping centres, housing 140 branded stores, restaurants, cafes, and cinemas.
  2. The Walk: A shopping and entertainment promenade along the Dubai Marina canal. It offers cosy cafes, fashionable restaurants, luxury boutiques, art installations, and interactive attractions. It's a favourite leisure spot for locals and tourists.
  3. Bluewaters Island: An island featuring The Cove sandy beach, entertainment options, restaurants, and the world's largest observation wheel, Ain Dubai.
  4. SkyDiving Dubai: An extreme sports club where you can tandem skydive with an instructor and witness Dubai from a bird's-eye view.

Economic Attractiveness

Park Island is popular among tourists and expats due to its location. There are numerous attractions, entertainment options, and well-maintained beaches within the vicinity of the complex.

The Park Island project is a profitable investment option as the average annual rental cost for one-bedroom apartments is AED 120K (USD 33K). The ROI for this type of property is 7.5%.

Purchasing real estate in Park Island allows you to obtain one of two residency visas. Owners of apartments valued at AED 750K (USD 204K) can obtain a two-year visa and owners of residences valued at AED 2M (USD 545K) or more can apply for a Golden Visa with a validity period of 10 years.