
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.
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
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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
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Other projects in this area, ordered by proximity to the starting price. Availability must be confirmed.