NEEM at Parkfive — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

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.

Scenario Cap Rate
4.3%
NOI AED 49,507 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,645
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 527,772 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Deyaar Development.

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Payment Structure

10% down payment

Published payment summary

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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

NEEM at Parkfive location map
Project location

Nearby Destinations

Dubai Production City

Developer and Project Facts

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

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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