NEEM at Parkfive
Off-Plan

NEEM at Parkfive

From AED 1.15M·Handover Jul 2027·10% down payment Payment
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AED 1.15M
Starting Price
Jul 2027
Handover
10% down payment
Payment Plan
1 BR · 3 BR
Type

Project Overview

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.

Project Specifications
DeveloperDeyaar Development
LocationDubai Production City
Unit Types1 BR, 3 BR, Apartments
AreaDubai Production City
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 49,507 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,645
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 74,576 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
NEEM at Parkfive launch basis1,275AED 1.15MCurrent launch / asking basis
Dubai Production City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Production City premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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NEEM at Parkfive official render 1

NEEM at Parkfive official render 1

NEEM at Parkfive official render 2

NEEM at Parkfive official render 2

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NEEM at Parkfive official render 3

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NEEM at Parkfive official render 9

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NEEM at Parkfive official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Deyaar Development.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

NEEM at Parkfive — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
Air disinfectant system
BBQ
Basketball court
Bike path
Central A/C
Conference room
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Meditation zone
Recreational areas
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Smart home
Social zone
Sports ground
Tennis court
Walking paths
Yoga studio

Location

Dubai Production City

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Production CityDubai Production CityDubai, UAE

Developer Track Record

01

NEEM at Parkfive by Deyaar Development

02

Located in Dubai Production City

03

Starting from AED 1,147,330

04

Unit mix includes 1 BR, 3 BR, Apartments

05

Expected handover: Jul 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for NEEM at Parkfive

Limited units available · Direct developer pricing · Serious buyer routing

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