New homes in Park Five start at AED 611,000; keys are due Sep 2027; you pay 10% to book, 40% while it is built and 50% at the keys.
Keys
Sep 2027
The developer's handover date
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
Studio to 3 beds
Sizes
450 to 1,250 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,358 per sq ft
At the smallest size listed
RERA project
4051
Check it in Dubai REST, the Dubai Land Department's official app.
Built
6%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك دبي الاسلامي (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
210
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 61,100+ AED 24,440 DLD fee
AED 85,540
Feb 2027While it is built · 13.3%
While it is built
13.3%
AED 81,467
AED 167,007
Apr 2027While it is built · 13.3%
While it is built
13.3%
AED 81,466
AED 248,473
Jul 2027While it is built · 13.3%
While it is built
13.3%
AED 81,467
AED 329,940
Sep 2027Keys · 50%
Keys
50%
AED 305,500
AED 635,440
Booking payment, 10%
AED 61,100
Dubai Land Department fee (Oqood), 4%
AED 24,440
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 85,540
Total costPrice plus the DLD fee
AED 635,440
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 27 finished projects by this developer since 2005. 23 of the 27 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. We have recorded the completion dates of their 7 projects under way since Jun 12, 2026. None has moved since then.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 70 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in IVY AT PARK FIVE, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 70 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in IVY AT PARK FIVE, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,698 per sq ft
AED 1,660 to AED 1,684 per sq ft
32 sales
AED 1,684 to AED 1,707 per sq ft
9 sales
AED 1,707 to AED 1,730 per sq ft
15 sales
AED 1,730 to AED 1,753 per sq ft
3 sales
AED 1,753 to AED 1,776 per sq ft
3 sales
AED 1,776 to AED 1,799 per sq ft
3 sales
AED 1,799 to AED 1,823 per sq ft
3 sales
AED 1,823 to AED 1,846 per sq ft
2 sales
AED 1,660 per sq ftAED 1,846 per sq ft
This project AED 1,358 per sq ft, below every sale
Half of the sales sold for AED 1,668 to AED 1,712 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,660 to AED 1,684 per sq ft
32
AED 1,684 to AED 1,707 per sq ft
9
AED 1,707 to AED 1,730 per sq ft
15
AED 1,730 to AED 1,753 per sq ft
3
AED 1,753 to AED 1,776 per sq ft
3
AED 1,776 to AED 1,799 per sq ft
3
AED 1,799 to AED 1,823 per sq ft
3
AED 1,823 to AED 1,846 per sq ft
2
The 3 closest sales
Picked from the 70 similar sales above, closest in size to this project's smallest home.
Nov 2026AED 735,395AED 1,683 per sq ftIVY AT PARK FIVE, 437 sq ft
Nov 2026AED 728,912AED 1,668 per sq ftIVY AT PARK FIVE, 437 sq ft
Nov 2026AED 735,395AED 1,683 per sq ftIVY AT PARK FIVE, 437 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Production City in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 611,000 here
Off-plan medianAED 701,000AED 1,645 per sq ft
Sales943
Price far from 70 similar sales
1-bed apartment
Off-plan medianAED 1,109,000AED 1,353 per sq ft
Sales1,006
2-bed apartment
Off-plan medianAED 1,589,000AED 1,275 per sq ft
Sales378
3-bed apartment
Off-plan medianAED 2,175,000AED 1,274 per sq ft
Sales78
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
6.5%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5.2%
Typical gross yield of similar ready homes
9.8%
Median rent of studio apartments in Dubai Production City
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 15 per sq ft from 6 buildings, as of 2023, for the smallest home (450 sq ft)
AED 6,750
Rent contracts counted
1,502
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 63,000 a year
2-bed apartment
AED 85,000 a year
3-bed apartment
AED 160,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 611,000 = 6.5%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jumeirah Golf Estates Metro Station4 km, 8 min driveMetro station
Victory Heights Primary School2.5 km, 11 min driveSchool
Dwight School Dubai3.2 km, 11 min driveIB school
JSS International School4.8 km, 13 min driveIndian school
Park Five is a Deyaar apartment project in Dubai Production City, from AED 611,000 with handover listed for September 2027. Half the price is due at handover, and the listing's bed range runs to three bedrooms while its sizes cover studios to two-bedroom homes, so ask about the larger units.
The plan is 10% on booking, 40% during construction and 50% at handover in September 2027, about ten months from now. At the from price that is AED 61,100 to book, AED 244,400 during the build and AED 305,500 at handover. Separately, the 4% DLD fee comes to AED 24,440; ask when it is due. The price check for this project isn't reliable enough to quote, so ask for the price per square foot of the exact unit you are offered.
Park Five has five residential buildings. The first phase, Towers A and B, has studios, one-bedroom and two-bedroom apartments, with sizes from 450 to 1,250 sq ft. The listing gives a bed range up to three bedrooms but no three-bedroom size, so ask whether three-bedroom homes are offered and check the floor plans. Ownership is freehold.
Shared facilities include pools, a fully equipped gym, a padel tennis court, coworking space and a lawn for pets. The listing also mentions a rooftop Zen garden, and sikkas (traditional pathways) with water features in the grounds. Parking is covered.
Mediclinic Meaisem is about 480 m away and Jumeirah Golf Estates about 1.6 km. Victory Heights Primary School is about 2.5 km away and Dwight School Dubai about 3.2 km. Jumeirah Golf Estates Metro Station is about 4 km away, around 8 minutes by car, and JBR beach about 18 minutes by car.
