Skip to content

Sell your apartment in Dubai

Leave your name and phone number — I will get back to you to discuss price and timing.

How I sell apartments →

Neem at Park Five

Dubai Production City · Deyaar Development

Project factsheet

Developer Deyaar Development
Status Under construction
District Dubai Production City
Layouts 3 bedrooms

Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.

Developer prices

These are the starting prices as of the date shown, not today's list: off-plan they are revised several times a year, and more often upwards than down.

Developer
Deyaar Development

Figures come from the developer's own materials sent to brokers, dated 28 October 2026. The commentary behind them is written up in the Russian version of this page.

About the building

A residential building in Dubai Production City, currently under construction. Developer — Deyaar Development.

About the project

Neem at Park Five is a residential building in Dubai Production City.

The developer is Deyaar Development.

Layouts, according to the sales-launch announcement — 3 bedrooms.

The database has nothing for this project at the moment: lots come and go here, and it refreshes nightly.

Deyaar three-bedrooms at Park Five in Production City, under construction: the developer starts at AED 2.27 million, while our listing is AED 6.1 million with no size given.

What it is

Neem at Park Five is a residential building by Deyaar Development in Dubai Production City, under construction. Layouts from the launch announcement: three bedrooms. Storeys, unit count and handover aren't in the passport.

Deyaar's weekly inventory of 31 August 2026 showed five three-bedrooms left at 1,735–1,751 ft², from AED 2,273,522. Alder at ParkFive by the same developer is next door.

A low-entry district

Production City, formerly IMPZ, is one of Dubai's most affordable districts: 10 units in our database, median AED 1,125,000, AED 1,433/ft². Nobody buys here for capital growth — it's a cash-flow asset, and selling takes time.

Three-bedrooms are an unusual format for this district, where demand is mostly for cheap rentals for people working in the zone.

Our stock as of 21 September 2026 has a three-bedroom at AED 6,099,000, size not stated.

Passport: developer Deyaar Development, status "under construction", layouts from the launch announcement. Deyaar inventory of 31 August 2026: 5 units, prices, sizes. Our stock as of 21 September 2026: 1 unit (price); median, price per ft² and unit count for Production City.

Registered sales in the building

In 2025 the Dubai Land Department registered 54 sales in Neem at Park Five, at a median price of AED 1 468 961 (AED 1 290 per sq ft). Another 77 have been registered since the start of 2026.

Sales by year — Dubai Land Department register
Year Sales Median price AED/sqft Total value
2025 54 AED 1 468 961 1 290 AED 71.3m
2026, to 10 November 77 AED 1 116 338 1 335 AED 107.6m

Registered sales of all property types; 2026 is a partial year. Medians, not averages; with fewer than 5 sales no price is quoted. Off-plan share of sales over the last 12 months: 100%.

Rents across the International Media Production Zone community — not this building alone
Type Annual rent Contracts Gross yield
Studios AED 37 800 2 668 9%
1-bedroom AED 56 500 2 615 8.7%
2-bedroom AED 78 992 924 6.9%
3-bedroom AED 90 000 100 —

Median Ejari contract (November 2025 — October 2026) across the whole community rather than this building: rents are not published building by building. Gross yield — before service charges, vacancy and fees.

Price per sq ft by month

Between August 2025 and June 2026 the median price per sq ft moved from AED 1 283 to AED 1 334 (+4%).

1 399 1 251 August 2025: 1 283 AED/sqft October 2025: 1 307 AED/sqft November 2025: 1 332 AED/sqft December 2025: 1 251 AED/sqft January 2026: 1 323 AED/sqft March 2026: 1 386 AED/sqft April 2026: 1 399 AED/sqft June 2026: 1 334 AED/sqft August 2025 June 2026

Monthly median of registered sales, ready and off-plan together; months with fewer than five sales are left out.

Latest registered sales
Date Unit Status Size, sq ft Price AED/sqft
22/10/2026 Apartment, 3-bedroom off-plan 1 751 AED 2 286 865 1 306
14/10/2026 Apartment, 3-bedroom off-plan 1 633 AED 2 298 562 1 408
21/09/2026 Apartment, 3-bedroom off-plan 2 028 AED 2 349 657 1 158
11/09/2026 Apartment, 3-bedroom off-plan 1 637 AED 2 276 201 1 391
02/09/2026 Apartment, 3-bedroom off-plan 1 665 AED 2 185 306 1 313
29/07/2026 Apartment, 2-bedroom off-plan 1 125 AED 1 441 772 1 281
08/07/2026 Apartment, 3-bedroom off-plan 1 637 AED 2 267 305 1 385
06/07/2026 Apartment, 3-bedroom off-plan 1 665 AED 2 191 961 1 316
25/06/2026 Apartment, 1-bedroom off-plan 764 AED 969 822 1 270
24/06/2026 Apartment, 1-bedroom off-plan 859 AED 1 070 792 1 246
23/06/2026 Apartment, 1-bedroom off-plan 768 AED 1 080 825 1 408
17/06/2026 Apartment, 1-bedroom off-plan 768 AED 1 144 375 1 490

Buyer, seller and unit number are not part of the Land Department open data.

Source: Dubai Data (calculated from Dubai Land Department open data), data to 10 November 2026.

Where it is

The pin is placed by district — I send the exact address on request.

Nothing in the stock for this project right now

Lots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in Dubai Production City.

Ask about this project

Frequently asked about Neem at Park Five

Who is the developer of Neem at Park Five?

Deyaar Development.

What layouts are there in Neem at Park Five?

3-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.

Where is Neem at Park Five?

Production City. Dubai Production City, formerly IMPZ: a printing and media zone with lakeside apartment buildings and low prices.

How much does an apartment in Neem at Park Five cost?

No open lots for the building today. I will check the price of the layout you are after in the closed databases and send it with every cost of the deal worked out.

In the news

What has been written about the building, its developer and Dubai Production City

Where this project stands today

Message me for the free layouts in Neem at Park Five, the real entry price and what owners and tenants say — not the brochure copy.

Ask a question

Telegram is the fastest way — I answer personally.

Message on Telegram