How much does NEEM at Parkfive cost?

Prices at NEEM at Parkfive start from $619,000 (about AED 2,273,522). It offers Apartments in Dubai Production City, Dubai, on a 10 / 35 / 55 payment plan. Ask us for the live price list and current availability.

When does NEEM at Parkfive complete?

NEEM at Parkfive is scheduled for handover in Q3 2027. As an off-plan purchase you pay in stages tied to construction, so you lock in today's price and settle the balance as the building progresses.

Can a foreigner buy at NEEM at Parkfive?

Yes. NEEM at Parkfive sits in a designated freehold zone, so overseas buyers can own it outright with full title registered at the emirate's land department — no nationality restriction and no extra transfer tax for foreign buyers.

Does buying NEEM at Parkfive qualify me for residency or a visa?

Potentially. A UAE property worth at least AED 2 million (about US$545,000) qualifies for the 10-year renewable Golden Visa, and off-plan units count — so units at NEEM at Parkfive that reach that value can put you on the Golden Visa path.

NEEM at Parkfive — Dubai Production City, Dubai · from $619k

The Development

Three-bedroom apartments in the third phase of Parkfive, Dubai Production City, from $619,000 — 1,735–1,751 sq ft with park and lake views, handover Q3 2027.

NEEM at Parkfive is Parkfive's third phase in Dubai Production City, a practical, steady-paced district beside the Sheikh Mohammed Bin Zayed Road and Al Khail Road junction with quick links to Expo City. Its three-bedroom apartments span 1,735–1,751 sq ft, delivered semi-furnished with kitchen appliances and smart-home systems, with windows facing the park and lake. The eleven-storey building carries a podium of amenities and rooftop leisure decks: Zen garden, pools, coworking centre, gym, courts and a spa. The plan is 10 / 35 / 55 with handover in Q3 2027.

◆ 1,735–1,751 sq ft three-bedroom homes
◆ Park and lake-facing windows
◆ Rooftop leisure decks and podium amenities
◆ Smart-home systems, semi-furnished
◆ 10 / 35 / 55 plan, handover Q3 2027
◆ Close to Expo City Dubai

Project Information

The facts

Developer

Deyaar Development

District

Dubai Production City, Dubai

Price range

AED 2,273,522 – 2,311,329

Price per sq ft

AED 1,298 – 1,332 / ft²

Size

1,735 – 1,751 ft²

Completion

Q3 2027

Ownership

Freehold

Unit types

Apartments

Service charge

AED 16 / ft²

Furnishing

Semi Furnished with Kitchen Appliances

Resale allowed after

30% paid

Configurations

Building 1 — B+G+P+11+R

Gallery

Inside the residences

Amenities

A life fully serviced

⚘

BBQ Areas

Barbecue and picnic areas for residents.

⚘

Sports Courts

Basketball, tennis and sports ground.

⚘

Landscaped Gardens

Zen garden, landscaped park and gardens.

⊞

Co-working & Business

Coworking zone and conference room.

⊞

Retail & Dining

Cafés, restaurants and retail outlets.

⚘

Jogging & Cycling Tracks

Jogging tracks and a dedicated bike path.

Payment Plan

Structured around you

10%

On booking

10%

October 2026

10%

January 2027

15%

April 2027

55%

On handover

Returns

A note on returns

Current Dubai Production City listings average about AED 1,577 per sq ft; NEEM runs on a 10 / 35 / 55 plan to Q3 2027 handover, with service charges of AED 16 per sq ft. See the full United Arab Emirates tax & returns guide →

Location

The centre of everything

Work directly with Anton

You will not be handed around a call centre. Anton Sulcek — INOVO's founder — personally guides you from the first shortlist through reservation, payment plan and handover, across all nine markets. One point of contact, honest advice, and pricing direct from the developer with no markup.

More about Anton →

NEEM at Parkfive