Park Five
The facts, verified
About the project
Project general facts Park Five is a contemporary residential development comprising five residential buildings, with the initial phase introducing Towers A and B. The project offers a selection of studios, one-bedroom, and two-bedroom apartments designed around a concept that combines modern architectural forms with subtle traditional Arabian design influences. Geometric façades, biophilic design principles, spacious balconies, water features, and thoughtfully integrated communal elements create a cohesive residential environment focused on comfort, functionality, and community living. The residences are designed to maximize natural light while maintaining a clean and contemporary aesthetic. Residents have access to a comprehensive range of amenities designed for recreation, wellness, and social interaction. These include swimming pools, children's play areas, landscaped green spaces, BBQ areas, a community lawn, outdoor and indoor coworking spaces, a rooftop Zen garden, a basketball court, a padel tennis court, communal dining areas, rooftop tea terraces, seating lounges, plunge pools, pet-friendly green areas, and a fully equipped fitness center. The amenity offering supports
Amenities
Park Five payment plan
| Milestone | Share | On AED 729K |
|---|---|---|
| On booking | 10% | AED 73K |
| During construction | 35% | AED 255K |
| Upon Handover | 55% | AED 401K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (10%) | On booking | AED 72,891 |
| During construction (35%) | ≈ AED 10,630 equivalent per month over 24 months | AED 255,119 |
| Handover (55%) | On completion | AED 400,901 |
| DLD fee (4%) | On booking | AED 29,156 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Park Five prices and unit mix
Project documents
Dubai Production City masterplan
Park Five location and connectivity
- Kids Kingdom - Best Kindergarten in Dubai | Nursery in IMPZ1.6 km
- JVT Community Park8.5 km
- City Centre Me'aisem1.1 km
- Marina Beach14.8 km
- Al Maktoum International Airport30.2 km
About Deyaar
All their projects →
Since 2002, their creations have been designed to become spaces where memories are made. Not just places to live, but places to love, grow, and embark on a journey towards a prosperous future, enhancing lives and nurturing business. Headquartered in Dubai, Deyaar has become one of the UAE’s leading real estate…
Schools within reach
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Questions investors ask about Park Five
What is the starting price at Park Five?
Park Five starts from AED 729K and runs to AED 3.27M, across 0 bedroom, 0 bedroom, 0 bedroom, 0 bedroom. Prices move with each release; the pack carries the current list.
What is the Park Five payment plan?
10% on booking, 35% during construction, 55% upon handover, worked in dirhams on AED 729K in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Park Five handover?
Deyaar lists handover for Q3 2027, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Park Five?
In Dubai Production City, Dubai: Kids Kingdom - Best Kindergarten in Dubai | Nursery in IMPZ 1.6 km, JVT Community Park 8.5 km, City Centre Me'aisem 1.1 km. The Dubai Production City community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Yes, escrow account 001582142020401. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.