
NEEM at Parkfive is the third phase of the elite residential complex Parkfive from the developer Deyaar Development, located in Dubai Production City. The project combines modern and classic styles: laconic facades with geometric elements harmonize with the environment. The building features eleven residential floors, a shared basement parking, a ground floor, a podium with amenities, and premium rooftop leisure areas. Residences are presented in the format of studios, one- and two-bedroom apartments with “smart home” technology. Spacious layouts, stylish interiors, built-in kitchen appliances and quality finishing materials create a cozy atmosphere. Bathrooms are designed with attention to detail, providing comfort and aesthetics. The infrastructure of NEEM at Parkfive includes: a Zen garden for relaxation, adult and children's swimming pools, play and sports grounds, picnic and barbecue areas, a co-working center and a modern fitness room. Park and lake views, restaurants, stores and green spaces are within walking distance. Proximity to Sheikh Mohammed Bin Zayed Road provides quick access to key points: City Centre Me'aisem mall — 5 minutes, Dubai Exhibition Centre — 15 minutes, International Airport (DXB) — 30 minutes by car. NEEM at Parkfive combines modern comfort, thoughtful infrastructure and convenient location to offer a high standard of living in a vibrant neighborhood of Dubai.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| NEEM at Parkfive launch basis | 1,275 | AED 1.15M | Current launch / asking basis |
| Dubai Production City ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Production City premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Astraterra Properties
Download official marketing materials from Deyaar Development.
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Dubai Production City
NEEM at Parkfive by Deyaar Development
Located in Dubai Production City
Starting from AED 1,147,330
Unit mix includes 1 BR, 3 BR, Apartments
Expected handover: Jul 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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