Park Five

Park Five is a 134-unit residential development by Deyaar, located in Dubai Production City and comprising four buildings scheduled for completion in Q3 2027. Studios, one-, two- and three-bedroom apartments make up the offering, with prices starting from AED 720,788.

# The four-building cluster and its place in Dubai Production City

Dubai Production City sits in the western arc of greater Dubai, positioned close to Sheikh Mohammed Bin Zayed Road and historically associated with media and publishing businesses. Over the past several years the district has attracted a growing residential population drawn by lower land costs and relative quiet compared to the marina corridor a short drive to the north.

Park Five occupies a podium-and-tower format across four buildings. The architectural language draws on geometric facades and biophilic elements, with traditional covered pathways running through the development at ground level alongside water fountains. The scale is deliberately mid-rise rather than monolithic, which keeps the communal spaces proportionate to the 134-unit count.

# Residences, layouts and floor areas

Studios run from 434 to 437 sq ft, priced from AED 720,788. One-bedroom apartments span a broader band, from approximately 735 sq ft to just over 1,025 sq ft, with pricing from around AED 1.0 million to AED 1.17 million depending on floor and orientation. Two-bedroom units range between roughly 1,220 sq ft and 1,832 sq ft, with the larger configurations reaching AED 2.44 million. Three-bedroom apartments extend from 1,633 sq ft up to 2,726 sq ft, priced from AED 2.17 million to AED 3.27 million at the upper end.

Apartments are unfurnished. Kitchens arrive with built-in appliances, interiors incorporate a smart-home system, and balconies are a standard feature across the range.

Service charges are set at AED 14–16 per sq ft annually.

# Shared amenities across the podium and rooftop

The podium level holds adult and children's swimming pools, two outdoor play areas, a green lawn with a dedicated dog park, a BBQ area, and convenience retail. A food market hall sits within the development alongside a multipurpose communal dining space.

# Active and wellness facilities

A padel tennis court, basketball hoop, and fully equipped gym serve residents with a preference for daily activity. Outdoor coworking spaces address the growing share of remote-working residents in this part of Dubai. The rooftop holds both a Zen garden and a tea terrace with seating.

# Proximity to key destinations and daily infrastructure

City Centre Me'aisem sits 1.1 km from the development, covering most routine retail and dining requirements. A nursery, Kids Kingdom, is 1.6 km away, relevant for families with young children. JVT Community Park is 8.5 km out, Downtown Dubai approximately 25 km, and Marina Beach around 15 km. Al Maktoum International Airport, the designated hub for Dubai South's long-term expansion, is 30 km distant.

Road connectivity to Sheikh Mohammed Bin Zayed Road means most of Dubai's key business districts are accessible without navigating the congestion typical of the marina or Downtown corridors.

# What Park Five represents for a mid-budget Dubai buyer

At AED 720,788 for entry-level studios and with three-bedroom apartments available well below AED 2.5 million for most configurations, Park Five sits in a price bracket that attracts both owner-occupiers and yield-focused investors. Production City has historically offered per-square-foot values below comparable product in Jumeirah Village or Dubai Sports City, with comparable or superior road access.

The Q3 2027 delivery date and a current construction progress of zero per cent means buyers are purchasing fully off-plan, carrying the customary development risk alongside the pricing advantage that typically comes with it. For international buyers from the UK, Europe or Asia monitoring Dubai's mid-market residential pipeline, the combination of Deyaar's established track record, a registered escrow account (001582142020401), and a per-square-foot entry point in the low-to-mid thousands of dirhams makes Park Five a coherent, if patient, proposition.