Dubai area market data · DLD-backed · 160 transactions

Island 2 Property Prices & Market Data

Historical DLD transaction prices, comparable sales evidence, and market trends for Island 2.

160

Transactions

AED 45,580

Median /sqm

AED 16M

Median price

46%

Apartments

Island 2 market snapshot

Transactions

160

Transaction value

5.0B AED

Median price

45,580 AED/sqm

Middle price range

30,212–63,451 AED/sqm

P25 to P75

Nearby signals: Business Bay Metro Station · Dubai Mall · Burj Khalifa

Island 2 property market overview

Island 2 has registered 160 sales transactions in the historical DLD dataset, with a combined transaction value of 5.0B AED. That volume gives agents working buyers and sellers in Island 2 a pool of comparable sales evidence to support pricing conversations.

The median transaction price of 45,580 AED/sqm spans all residential categories and conceals meaningful variation by building, floor, and unit type. The middle of the distribution — the 25th to 75th percentile — runs from 30,212 to 63,451 AED/sqm, so individual units can trade well above or below the headline median.

Location signals for Island 2 include Business Bay Metro Station, Dubai Mall, Burj Khalifa. Proximity to transit and amenities is one factor agents weigh when explaining price differences between otherwise comparable units.

This data covers sales transactions only. It does not include rental transactions, Ejari registrations, or mortgage registrations. The dataset ends 2023-03-17; the most recent year is a partial year and should not be annualised.

Island 2 property prices by type

The table below breaks down historical median prices and AED/sqm by property type and bedroom configuration. Figures are the mid-point of the distribution, not a valuation range.

Property typeTransactionsMedian AED/sqmMedian pricePrice range
Apartment — 1 Bed22AED 40,162AED 5,950,000AED 4.9M–8.4M
Apartment — 2 Bed35AED 44,684AED 8,748,550AED 6.5M–17M
Apartment — 3 Bed+59AED 57,018AED 22,210,000AED 11M–73M
Villa / Townhouse59AED 29,637AED 11,346,500AED 6.0M–32M
Land plot76AED 16,729AED 35,806,250AED 10M–73M

Source: sampled historical DLD/Kaggle transaction records through 2023-03-17. Median values shown. Property types with fewer than 10 sampled transactions are suppressed.

Annual transaction activity — Island 2

Transaction volume in Island 2 varies year to year with the broader Dubai market cycle. Activity across the dataset peaked during the 2021–2022 market recovery, driven by increased international buyer demand.

Monthly trend history for Island 2 is available from 2021-04 to 2023-03. When setting buyer and seller expectations, context on the underlying cycle matters: a comparable drawn from a peak month may overstate current values, while an older comparable may understate them.

Historical transactions in Island 2

DateAreaProject / BuildingTypeAED/sqmPrice
2023-03-13Island 2BULGARI Lighthouse DubaiUnit134,317 AED/sqm80.3M AED
2023-03-13Island 2BULGARI Lighthouse DubaiUnit107,404 AED/sqm64.3M AED
2023-03-09Island 2BV RESIDENCES 5Unit71,095 AED/sqm45.0M AED
2023-03-06Island 2BV RESIDENCES 4Unit106,810 AED/sqm65.0M AED
2023-02-16Island 2BULGARI Lighthouse DubaiUnit131,491 AED/sqm79.1M AED
2023-02-13Island 2BULGARI Lighthouse DubaiUnit126,754 AED/sqm76.3M AED
2023-02-07Island 2BULGARI Lighthouse DubaiUnit136,146 AED/sqm81.9M AED
2023-01-30Island 2BULGARI Lighthouse DubaiUnit112,001 AED/sqm67.0M AED
2023-01-19Island 2BV RESIDENCES 3Unit145,806 AED/sqm42.9M AED
2023-01-16Island 2BULGARI Lighthouse DubaiUnit122,016 AED/sqm73.4M AED
2023-01-12Island 2BULGARI Lighthouse DubaiUnit120,108 AED/sqm71.8M AED
2023-01-04Island 2BULGARI Lighthouse DubaiUnit113,871 AED/sqm68.5M AED

Use this data in agent conversations

Island 2 — frequently asked questions

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