Developer: Deyaar Development · Park Five by Deyaar

Neem at Park Five

Neem at Park Five is a residential project by Deyaar in Park Five by Deyaar, Dubai, with prices from AED 1 004 656, handover Q3 2027, construction 10.6% complete per the DLD registry, 145 units.

Price fromAED 1 004 656
HandoverQ3 2027
Construction10.6%
Units145

Layouts and sizes

TypeSize, sq.ft
1 Bedroom739
3 Bedroom1 665

Payment plan 40/60

The purchase price is split into these stages.

110%Down payment
235%During construction
355%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Construction progress

10.63%
  • StatusActive
  • Construction started2025-07-01
  • HandoverQ3 2027
  • Status date10.06.2026
  • Escrow bankDubai Islamic Bank
  • DLD project number3496

Data from the Dubai Land Department project registry (updated 25.08.2026 09:55).

Construction progress 8
10 June 2026 10.63%
Neem at Park Five, Park Five by Deyaar construction progress — 10 June 2026, 10.63% complete, photo 1 of 5Neem at Park Five, Park Five by Deyaar construction progress — 10 June 2026, 10.63% complete, photo 2 of 5Neem at Park Five, Park Five by Deyaar construction progress — 10 June 2026, 10.63% complete, photo 3 of 5Neem at Park Five, Park Five by Deyaar construction progress — 10 June 2026, 10.63% complete, photo 4 of 5Neem at Park Five, Park Five by Deyaar construction progress — 10 June 2026, 10.63% complete, photo 5 of 5

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
29.07.20262 BR104.61 441 772
08.07.20263 BR152.02 267 305
06.07.20263 BR154.72 191 961
25.06.20261 BR70.9969 822
24.06.20261 BR79.81 070 792
23.06.20261 BR71.31 080 825
17.06.20261 BR71.41 144 375
03.06.20261 BR71.41 024 765
18.05.20261 BR70.41 075 939
12.05.20261 BR71.41 053 189
11.05.20263 BR154.72 209 583
23.04.20263 BR152.02 285 096
20.04.20261 BR71.41 077 775
20.04.20261 BR71.41 110 486
17.04.20261 BR70.91 076 472
13.04.20262 BR104.61 428 428
06.04.20262 BR106.61 442 515
30.03.20263 BR162.72 338 016
30.03.20261 BR68.71 053 197
26.03.20262 BR107.61 492 348

Dubai Land Department transaction registry, updated 2026-08-24. Explore Dubai property transactions →

Registered transactions in Neem at Park Five

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

128deals since 2018
14 169AED per m², median
2%resale, the rest bought from the developer

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom711 039 62214 64359
2 bedrooms1071 490 69813 93251
3 bedrooms1552 218 39414 31212

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

What is nearby

  • City Centre Meaisem2 мин
  • Dubai International Airport30 мин
  • EXPO 202015 мин

Places nearby

🧸 Victory Heights Nursery · 0.7 km🎓 Victory Heights Foundation Stage · 0.7 km🧸 IDEA Early Learning Centre · 1.3 km🌳 Farfar Park · 1.5 km🎓 Sunmarke School · 1.5 km
Neem at Park Five

About the project

Neem at Park Five is a 145-unit residential project by Deyaar in Park Five by Deyaar, within Dubai Production City in Me’aisem First. The single-building development is active, with construction recorded at 10.63% completion. Handover is scheduled for Q3 2027.

The residential building

Neem at Park Five is planned as one residential building with a basement, ground floor, podium, 11 upper floors and a rooftop. The project contains 145 units. Its layout places resident facilities across the building and its outdoor areas, including a gym, multipurpose room, swimming pools, children’s facilities, dining and barbecue space, and an outdoor social area. Neem is one of the named residential buildings within the wider Park Five by Deyaar community. Park Five has been released in phases and includes Neem, Ivy and Alder.

Park Five and Dubai Production City

Neem is located in Park Five by Deyaar, a subcommunity in Dubai Production City, formerly known as IMPZ. The community sits in the Me’aisem First area and combines mid-rise residential buildings with landscaped open space and communal facilities. Park Five forms part of a larger masterplan in Dubai Production City. Neem’s location places it within a community that has been developed through successive building releases. The project itself is identified as a residential building rather than a villa or townhouse scheme.

Amenities and shared spaces

The building’s amenity provision includes a gym and a multipurpose room. Swimming facilities comprise an adult swimming pool and a children’s pool. Children also have a dedicated play area. Shared outdoor facilities include a communal dining and barbecue space and an outdoor social area. The wider amenity programme also includes dining outlets, restaurants, retail outlets, parks and leisure areas, an infinity pool, and a gymnasium. These facilities form part of the residential and community offering at Neem at Park Five.

Nearby parks, golf and leisure destinations

JVT District 4 Park and Victory Heights Community Park are each 1.3 km from Neem at Park Five, while Farfar Park is 1.5 km away. The Els Golf Club is 1.4 km from the project and Jumeirah Golf Estates Golf Course is 1.5 km away. Montgomerie Golf Course is 4.3 km away. Reel Cinemas at The Springs Souk is 3.6 km from the development, and Cinepolis at Circle Mall is 3.9 km away. Dubai Miracle Garden is 5.4 km away, while Marina Walk is 7.6 km from Neem at Park Five.

Connections from the community

City Centre Meaisem is listed at two minutes from Neem at Park Five. Expo 2020 is listed at 15 minutes, and Dubai International Airport is listed at 30 minutes. Dubai Marina is 7.6 km from Park Five, JBR Beach is 8.0 km away, and Mall of the Emirates is 9.1 km away. Palm Jumeirah is 10.3 km from the community. Al Maktoum International Airport is 15.9 km away, while Downtown Dubai is 19.5 km from Park Five and Dubai International Airport is 29.5 km away.

Price, payment plan and handover

Prices for Neem at Park Five start from AED 1,004,656. The payment plan is presented with a 40/60 headline. A 10% down payment is due on booking. The published payment-plan breakdown also assigns 35% during construction across the first to fourth instalments and 55% on handover at 100% completion. Handover for Neem at Park Five is scheduled for Q3 2027. The recorded project start date is 1 July 2025, and the recorded completion date is 1 December 2027.

Developer and construction progress

Neem at Park Five is developed by Deyaar. The project is recorded as active, with a construction completion ratio of 10.63% at the inspection dated 10 June 2026. The project record was updated on 15 June 2026. Deyaar is also the developer of Park Five by Deyaar, the wider community containing Neem. The development has one building and 145 units. Its recorded total area is 14,982.56.

Frequent questions

Who is the developer of Neem at Park Five?
Neem at Park Five is developed by Deyaar.
Where is Neem at Park Five located?
The project is in Park Five by Deyaar, Dubai Production City, within the Me'aisem First area.
What is the starting price at Neem at Park Five?
Prices start from AED 1,004,656.
When is handover for Neem at Park Five?
Handover is scheduled for Q3 2027.
What is the payment plan for Neem at Park Five?
The plan is presented with a 40/60 headline and requires a 10% down payment on booking. Its published breakdown lists 35% during construction and 55% on handover.
What is the construction status of Neem at Park Five?
The project is active and was 10.63% complete at the inspection dated 10 June 2026.
How many units are there at Neem at Park Five?
Neem at Park Five contains 145 units in one residential building.
What amenities are planned at Neem at Park Five?
Amenities include a gym, multipurpose room, adult and children’s pools, children’s play area, communal dining and barbecue space, and an outdoor social area.
What is close to Neem at Park Five?
JVT District 4 Park and Victory Heights Community Park are each 1.3 km away. The Els Golf Club is 1.4 km away, and City Centre Meaisem is listed at two minutes.
How can I buy an apartment in Neem at Park Five?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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