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Park Five

Park Five is a five-building, AED 1.5 billion mid-rise community in Dubai Production City, launched in three phases between December 2024 and September 2025.

From AED 685,000for studio in Ivy

  • ≈ £140k · $187k

Plan: 10/40/50 (Elm); 10/35/55 (Ivy)

Handover: Summer 2027 for Phases 1 and 2

Brochure on WhatsApp

Since 2003 · Dubai + London · Licence 601049 · RERA ORN 1219

Park Five by Deyaar, Dubai Production City (developer render)
Developer render, Park Five. The finished building may differ.

Key information

Park Five at a glance

Location
Dubai Production City
Homes
Studio, 1, 2, 3; 2 and 3-bed duplexes in Ivy
Sizes
433 to 1,277 sq ft (Deyaar website). Ivy studios 419 to 436 sq ft, one-beds 699 to 925 sq ft, two-beds 1,180 to 1,393 sq ft, duplexes 1,830 and 2,726 sq ft per a major portal
Handover
Summer 2027 for Phases 1 and 2; December 2027 for Ivy and AlderThe developer’s date. Use the date in your sale agreement.
Government fee
4% of the price to the Dubai Land DepartmentAED 27,400 on the starting price
All key information5 more facts: payment plan, status, launched, number of homes, floors
Payment plan
10/40/50 (Elm); 10/35/55 (Ivy)
Status
Under construction
Launched
December 2024 (Phase 1: Elm and Ember); February 2025 (Phase 2: Neem); September 2025 (final phase: Ivy and Alder)
Number of homes
Not published in total. Phase 2 (Neem) 343 units; final phase (Ivy and Alder) 277 units. Phase 1 count not published.
Floors
Elm: basement, ground, podium, 11 floors and roof (Deyaar factsheet). Other buildings not published.

Checked November 2026 against the developer’s own pages and public records. Starting prices are the developer’s published figures and change often: ask for today’s price list.

Ayman Hoque

Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked November 2026 · 8 sources

What stands out

  • Entry pricing: studios from AED 689,412 in Elm (October 2024 launch) and AED 685,000 in Ivy (November 2025), per a major portal.
  • Low-rise format of 11 floors over a podium, with rooftop padel court, basketball hoop, Zen garden and plunge pool on Elm.
  • Half or more of the price falls due at handover (50% on Elm, 55% on Ivy), keeping construction-period outlay low.
More that stands out1 more points and 8 amenities listed by the developer
  • Community features include a food market hall, Friday markets, co-working lawns and an outdoor cinema.
  • Adult and children's swimming pools and lap pools
  • Gym and co-working space on the podium
  • Rooftop padel court, basketball hoop and sand volleyball
  • Rooftop Zen garden, tea terrace and plunge pool
  • Food market hall and convenience retail at ground level
  • Shaded outdoor cinema
  • Children's play areas and community lawn
  • Barbecue areas

Payment plan

How you pay for Park Five

Elm: 10% on booking, 40% during construction, 50% on handover (Deyaar factsheet). Ivy: 10% on booking, 35% in six instalments during construction, 55% on handover (a major portal).

What it costs to buy

  • PriceFrom AED 685,000
  • Dubai Land Department fee (4%)AED 27,400
  • RegistrationAbout AED 520
  • Developer’s admin feeVaries by project

Pounds and dollars are a guide, at mid-market rates on 3 November 2026; your bank’s rate will differ. Plans as published by the developer change between launches and unit types: we confirm the current plan in writing with the price list, and yours is the one in the sale agreement.

Before you buy

Before you buy, check

  • Elm and Ivy are shown as sold out on a major portal; check which buildings still have developer stock and whether a resale premium is being asked.
  • Two different handover dates apply (summer 2027 and December 2027) depending on the building; confirm which building and date is on your SPA.
  • Deyaar's record on dates: Regalia and Tria ran well past their first promised dates. Jannat at neighbouring Midtown, by contrast, came in early.
  • Dubai Production City is a secondary location with no metro; rental demand depends on affordability and road access rather than amenity.
  • Size ranges differ between the Deyaar website (433 to 1,277 sq ft) and the portals; check the net area on the floor plan.

Check the project and its escrow account with the Dubai Land Department before you pay.

Who Park Five suits2 kinds of buyer
  • First-time buyers and yield investors looking for a sub-AED 700,000 studio from a listed developer.
  • Buyers who want a low-rise community format rather than a tower and do not need a metro.
Deyaar: delivery recordA listed, bank-backed mid-market developer that delivers, but not always on the first date promised

Prices and floor plans

Today’s prices for Park Five

We send the current price list, floor plans and payment plan, and tell you honestly how it compares with similar projects. No spam.

More about Park Five

Where it isDubai Production City · 4 places nearby

Dubai Production City (formerly IMPZ) lies off Sheikh Mohammed bin Zayed Road with access to Al Khail Road, next to Deyaar's own Midtown community. Deyaar puts City Centre Me'aisem at five minutes, the Dubai Exhibition Centre and Expo City at fifteen minutes and Dubai International Airport at thirty. It is a car-dependent district with no metro station; the nearest schools, hospitals and golf clubs are a short drive.

  • City Centre Me'aisem5 minutes (Deyaar)
  • Dubai Exhibition Centre / Expo City15 minutes (Deyaar)
  • Dubai International Airport30 minutes (Deyaar)
  • Al Maktoum International AirportClose by (Deyaar; time not published)

Travel times are approximate and depend on traffic.

Common questions3 answered from the facts above
How many buildings are in Park Five?

Five: Elm and Ember (Phase 1), Neem (Phase 2), and Ivy and Alder (final phase). Elm has two towers according to the Deyaar website.

What is the cheapest unit?

Studios started at AED 689,412 in Elm and AED 685,000 in Ivy, according to a major portal. Deyaar has not published a price list.

When is handover?

Summer 2027 for Phases 1 and 2 and December 2027 for Ivy and Alder, according to Deyaar's launch releases.

Everything elseOther Deyaar projects, sources

Other Deyaar projects

AYA Beachfront Residences by DeyaarDeyaar · Umm Al Quwain beachfront (Al Raudah)WaterfrontAYA Beachfront ResidencesFrom AED 1.1m≈ £224k · $300kPlan5/25/40/30HandoverQ4 2027DWTN Residences by DeyaarDeyaar · Business BayDWTN ResidencesFrom AED 1.8m≈ £367k · $490kPlan10/40/50HandoverQ4 2030Eleve by DeyaarDeyaar · Downtown Jebel Ali (Jebel Ali Industrial 2)EleveFrom AED 555,850≈ £113k · $151kPlan10/48/12/30HandoverQ2 2027

All 7 Deyaar projects

This page is a guide, not financial advice. Details come from the developer and public records and can change. Check the project and its escrow account with the Dubai Land Department before you pay.

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