Neem at Park Five: 10% Down, 18 Months to Handover
10% down. That is the entry threshold at Neem at Park Five, an apartment project by Deyaar Development in Dubai Production City. For an off-plan buy in Dubai, 10% is on the lower end of what developers typically ask at launch. It keeps more capital on your side through the build period.
What the Project Is
Neem at Park Five is part of the Park Five master development, a sub-community within Dubai Production City (IMPZ). The project delivers apartments in 1-bedroom and 3-bedroom configurations, with construction underway since July 2025 and completion targeted for December 2027.
What AED 1M to AED 2.17M Gets You
The price range runs from AED 1,011,241 to AED 2,172,089. This is a size-driven spread.
The low end covers a 1-bedroom unit at approximately 739 sq ft, priced from AED 1.01M, which works out to roughly AED 1,370 per sq ft. The high end is a 3-bedroom at 1,665 sq ft, starting at AED 2.17M.
The 1-bedroom suits investors targeting long-term tenants. The 3-bedroom works for families who want more space without the pricing attached to Downtown or waterfront locations. Dubai Production City sits at a different point in the pricing spectrum, and these figures reflect that.
Dubai Production City: What It Means to Live Here
Dubai Production City occupies Dubai's western corridor, linked to the wider city via Sheikh Mohammed Bin Zayed Road (E311). Dubai Marina is roughly 15 minutes by car from this point. Business Bay and Downtown Dubai are around 25 to 30 minutes in normal traffic conditions.
The district started as a media and light-industrial zone. Residential development has followed steadily. This is not a walkable neighborhood in the way of JBR or City Walk. Most daily movement happens by car. City Centre Me'aisem handles retail and dining needs close by, and the E311 connects quickly to the Sheikh Zayed Road corridor.
Rental demand here comes from mid-market tenants: professionals who want good road access without paying for a premium address. That is the core investment thesis for 1-bedroom buyers. The 3-bedroom targets owner-occupiers, where proximity to schools and community services in the western corridor carries more weight than a branded district name.
Amenities: Indoor Pool and On-Site Dining
| Category | Amenities |
|---|---|
| Fitness & Wellness | Gymnasium, Indoor Swimming Pool |
| Outdoor & Green Space | Landscaped Gardens |
| Family | Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
The indoor swimming pool stays functional through Dubai's summer months, when outdoor facilities become difficult to use for extended periods. On-site restaurants reduce the need for residents to drive for daily meals, a practical benefit in a car-dependent location.
The overall package targets long-term residents and families. The children's play area and landscaped gardens signal that Deyaar is pitching Neem at Park Five toward end-users as much as investors. The gymnasium and CCTV round out a practical set without excess.
18 Months to Handover
Construction started in July 2025. Completion is targeted for December 2027, approximately 18 months from now.
Buying at this point means entering mid-construction, past the pre-launch phase. Some of the early-stage project risk has already passed. The remaining exposure is delivery timing and finish quality at handover.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down payment | 10% |
| During construction | 30% |
| On handover | 60% |
The 10% down payment is the headline. The 30% construction-period installments spread over the remaining build time. The final 60% falls due at handover in December 2027. This is a back-loaded structure: the largest single tranche arrives at key collection. Buyers arranging mortgage finance need their facility in place before that date.