Alder at Park Five

About the project

Alder at Park Five is a residential tower in the Park Five community in Dubai Production City, developed by Deyaar Development. The project contains 75 residences with one, two and three-bedroom layouts, within a building configured with a services basement, ground floor, retail and five residential floors. It is active with a recorded completion ratio of 6.07%, and handover is scheduled for Q4 2027.

The tower within Park Five

Alder at Park Five forms part of Park Five, a five-tower residential community by Deyaar Development in Dubai Production City. The community is planned around green landscapes, park and lake views, and sikkas: pedestrian corridors that run through communal areas. Alder’s architectural concept combines modern geometric forms with generous outdoor spaces intended to connect indoor and outdoor environments. The tower is configured as a services basement, ground floor, retail and five residential floors. Its shared facilities are arranged across the podium, fifth floor and rooftop. Park Five also includes community retail and a food market hall, bringing shops and dining spaces into the wider development.

One, two and three-bedroom residences

The tower offers one, two and three-bedroom residences. Homes are positioned to take in park and lagoon vistas, with windows framing views across the landscaped setting and water. The residences sit within the Park Five community, whose layout incorporates open green areas and pedestrian sikkas. Alder has 75 units in total. The project’s residential offering is therefore limited to three apartment configurations: one-bedroom, two-bedroom and three-bedroom homes. The available project information identifies the residence types and the views planned from the homes, while the building includes retail at ground level and shared amenity areas on the podium, fifth floor and rooftop.

Amenities at Alder and Park Five

Alder’s amenity spaces extend across the podium, fifth floor and rooftop. Facilities include an adult pool, kids’ pool, swimming pool, pool deck, gym, changing rooms, multipurpose club, kids’ club and kids’ play area. The amenity programme also includes a coworking space, community lawn, BBQ haven, BBQ area, outdoor lounge and seating areas. Across Park Five, the community incorporates shaded spaces, inside-out spaces, contemporary Arabian art, convenience retail and a food market hall. Sikkas connect the landscaped community areas, while the wider development includes green spaces and outdoor communal areas. The project presents more than 75 amenities and retail offerings across the Park Five community.

Dubai Production City setting

Alder at Park Five is located in Dubai Production City, within Park Five. It is near Sheikh Mohammed bin Zayed Road and Al Khail Road. City Centre Me’aisem is minutes away, while Dubai Exhibition Centre and Expo City are each within 15 minutes. Dubai International Airport is 25 minutes away. Nearby parks include Victory Heights Community Park at 1.2 km, JVT District 4 Park at 1.3 km and Farfar Park at 1.5 km. The Els Golf Club is 1.4 km away and Jumeirah Golf Estates Golf Course is 1.5 km away. Reel Cinemas at The Springs Souk is 3.6 km away, while Cinepolis at Circle Mall is 3.9 km away.

Price, payment plan and handover

Prices for Alder at Park Five start from AED 1.1 million. The payment plan is structured as 45/55, comprising a 10% down payment on booking, 35% during construction and 55% on handover. The during-construction portion is allocated across the first to sixth instalments. Handover is scheduled for Q4 2027. The project completion date is recorded as 31 December 2027. This schedule places the 55% final payment at handover, after the 10% booking payment and the 35% construction-stage payments.

Deyaar Development

Alder at Park Five is developed by Deyaar Development. The company is delivering the tower as part of Park Five, its five-tower residential community in Dubai Production City. Park Five is designed around biophilic principles, with park and lake vistas, green landscapes and sikkas incorporated into the community plan. Deyaar Development’s Alder offering adds 75 residences to the community, with one, two and three-bedroom apartment types. Community-level features include retail, a food market hall, landscaped spaces and pedestrian routes, while Alder provides its own amenities across the podium, fifth floor and rooftop.

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