Park Five Project Highlights Summary: Dubai's Unique Lakeside & Parkside Community

1. Project Overview and Core Positioning

Project Name: Park Five

Developer: Deyaar Properties

Property Type: Freehold Apartment

Community Concept: A commercial street-style residential community composed of 5 buildings, located near a lake, a community park, and a shopping mall.

Location: Situated in the International Media Production Zone (IMPZ, now Dubai Production City), along the main artery Sheikh Mohammed Bin Zayed Road.

Estimated Handover: End of 2027.

2. Main Unit Types and Starting Prices

All units are delivered fully furnished with high-quality finishing and a full set of kitchen appliances.

Studio: Approx. 40 sqm, starting from AED 720,000.

• Bedroom: 70 sqm, starting from AED 1,000,000.
• 2-Bedroom: 115 sqm, starting from AED 1,550,000.

2-Bedroom Duplex: From approx. 180 sqm, starting from AED 2,390,000.

3-Bedroom: Approx. 165 sqm, starting from AED 2,230,000.

Estimated Service Charge: 15-17 AED / sq ft / year.

3. Payment Plan (45-55) and Mortgage

Payment Structure: 45% during construction / 55% upon handover.

Initial Payment: 10% Down Payment + 4% DLD Fee + AED 5,000.

Construction Installments (45%): Completed in 6 phases between the end of March 2026 and the end of August 2027.

Handover Payment (55%): Due at the end of December 2027.

Financing: Mortgage options are available for this project.

4. Core Location Advantages and Investment Rationale

Strong Rental Demand: Located in the emerging industrial zone (IMPZ/Dubai Production City) with over 6,000 employees from 250+ companies nearby (Nestlé, Siemens). Proximity to Jebel Ali Free Zone (10 mins drive) ensures active rental demand from white and blue-collar staff.

High Convenience: Adjacent to the operating City Center Me'Aisem mall (clinics, cinema, supermarket), providing seamless living convenience. The 5-building complex includes 10+ retail shops and restaurants.

Excellent Connectivity:

Quick access to the main artery, Sheikh Mohammed Bin Zayed Road.

10 minutes drive to Dubai Marina, Jumeirah Lakes Towers (JLT), and Jebel Ali Free Zone.

15 minutes drive to Expo City Dubai and Al Maktoum International Airport (DWC).

Proximity to the 2020 Metro Extension (Expo Red Line), with a bus stop downstairs directly connecting to the Metro station.

Appreciation Potential: Situated in an emerging residential area, the starting property prices are relatively low, offering significant potential for capital appreciation.

Comprehensive Amenities Coverage: Within 5 km, there are established international schools (Victory Heights Primary School, Dubai International Academy); within 15 km, major hospitals (Saudi German Hospital) and prestigious golf clubs (Jumeirah Golf Club).

5. Comprehensive Amenities

The project offers a rich array of public facilities, including:

Leisure & Water Features: Outdoor Swimming Pool, Kids' Splash Pool, Poolside Bar, Fountains, Gardens, Lawns, Public Pools.

Sports & Wellness: Gymnasium, Jogging Tracks, Tennis Court, Basketball Court, Outdoor Fitness Equipment.

Community Services: Retail shops, Restaurants, Dining & Gathering Areas, Private Banquet Hall, Entrance Elevators.