Deyaar Park Five - Elm Residences at Dubai Production City (DPC)

Introduction: Deyaar’s Park Five is one of the most exciting investment opportunities in Dubai. It's part of the Midtown 2.0 upgrade within Dubai Production City (DPC), which is also known as IMPZ. This family-oriented sub-community is strategically located between Central Park and the two man-made lakes. The development features five buildings, of which Elm and Ember are being launched.

Park Five Features:

• A total ecosystem of AED 1.5 billion.
• Comprising five buildings directly on the park.
• Elm is an 11-floor development, with premium studios, one-bedroom, two-bedroom, and three-bedroom apartments.
• High-end finishes and fully equipped kitchens.
• Efficient layouts and smart home systems.
• Kids splash pool, dog park, waterfall features, and rooftop lounge.
• Multiple leisure amenities like a pool deck, paddle court, basketball court, and a great lawn with BBQ kitchen.
• Health club with sauna and steam room, indoor & outdoor gyms, and a jogging track.
• All units come with one parking spot.
• Anticipated completion by June 2027.

Units Available:

• Studio Apartments: 433 sqft – starting at AED 611,000.
• 1-Bedroom Apartments: 689 sqft – starting at AED 888,000.
• 2-Bedroom Apartments: 1,219 sqft – starting at AED 1,382,000.
• 3-Bedroom Apartments: 1,850 sqft – starting at AED 1,830,000.

Payment Plan:

• 10% on booking.
• 10% by April 2025.
• 6% in August 2025.
• 6% in January 2026.
• 6% in June 2026.
• 6% in November 2026.
• 6% in April 2027.
• 50% on completion by June 2027. The payment plan offers flexibility with a 50-50 split (10% down payment and the remaining 50% upon completion).

Dubai Production City (DPC) - Key Facts:

• Formerly known as IMPZ, with a 43 million sqft master plan.
• Developed by TECOM Group, owned by Dubai Holding.
• The area features man-made lakes, ENOC & ADNOC petrol stations, City Center Me’Aisem Mall, and various fitness, hospitality, and retail options.
• Well-established residential and leisure facilities such as Ahdaaf Padel Club, Level Up Gyms, Sheraton & Marriott Hotels, and more.

Deyaar Developer - In Brief:

• Established in 2002, Deyaar has significantly contributed to the real estate landscape in Dubai, delivering over 20 million sqft of developments.
• Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB).
• Deyaar is known for its high-quality developments in prime locations, such as Midtown DPC, Central Park SZR, Regalia Business Bay, Mar Casa Dubai Maritime City, and more.

Final Thoughts: Park Five by Deyaar is an ideal investment opportunity, offering modern family-friendly living with excellent amenities, high-end finishes, and a flexible payment plan. Whether you’re an investor or looking for a new home in a vibrant, growing community, this project provides the perfect balance of lifestyle and investment potential.