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
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm 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
0%
Waiting to start. DLD register, Jun 12, 2026
Completion on the register
Dec 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك ابوظبى التجارى
The bank that holds your payments
Registered homes
210
In 1 buildings
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
Now
Booking
10%
AED 61,100
Feb 2027
While it is built
13.3%
AED 81,467
Apr 2027
While it is built
13.3%
AED 81,467
Jul 2027
While it is built
13.3%
AED 81,467
Sep 2027
Keys
50%
AED 305,500
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
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.
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 24 finished projects by this developer since 2005. 23 of the 24 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.
Budget for the service charge.
Buildings in this area paid a median of AED 15 per sq ft a year in 2023, from 6 buildings on the Dubai Land Department register. For the smallest home (450 sq ft) that is about AED 7,000 a year.
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 63 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in IVY AT PARK FIVE, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 63 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in IVY AT PARK FIVE, from Oct 20, 2025 to Oct 19, 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
28 sales
AED 1,684 to AED 1,707 per sq ft
8 sales
AED 1,707 to AED 1,730 per sq ft
13 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 1,718 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
28
AED 1,684 to AED 1,707 per sq ft
8
AED 1,707 to AED 1,730 per sq ft
13
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 63 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 735,395AED 1,683 per sq ftIVY AT PARK FIVE, 437 sq ft
Sep 2026AED 728,912AED 1,668 per sq ftIVY AT PARK FIVE, 437 sq ft
Sep 2026AED 748,361AED 1,712 per sq ftIVY AT PARK FIVE, 437 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. 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 63 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
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
6.5%
Typical for similar ready homes
9.8%
Median rent of studio apartments in Dubai Production City
AED 40,000 a year
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.
