DEYAAR DEVELOPMENT – ELM at Parkfive in Dubai Production City

Developer: Deyaar Development
Location: Dubai Production City (IMPZ), Dubai
Project Type: Residential Apartments
Configuration: 2 Towers – B + G + Podium + 11 Floors + Rooftop Amenities
Total Units: Studios, 1-Bedroom, and 2-Bedroom Apartments
Starting Price: From AED 689,000
Price Range: AED 1,007,827 – AED 1,173,364
Price per Sq. Ft.: AED 1,145 – AED 1,428
Size Range: 433 sq. ft. – 1,277 sq. ft.
Ownership: Freehold
Furnishing: Semi-Furnished with Kitchen Appliances
Service Charge: AED 15 per sq. ft.
Resale Allowed After: 30% payment
Handover Date: Q3 2027

Detailed Overview of ELM at Parkfive

ELM at Parkfive is the first residential complex of the Parkfive community, developed by Deyaar Development. Comprising two towers with a shared podium and rooftop amenities, the project combines modern geometry with biophilic design principles to create a community focused on well-being and sustainability.

Apartments feature smart home automation, built-in appliances, premium sanitary ware, and spacious layouts. The design emphasizes natural light, green spaces, and integrated community areas, making it a perfect blend of modern living and nature-inspired tranquility.

Property Information

• Studios – Starting from AED 689,000
• 1-Bedroom Apartments – From approx. AED 1M+
• 2-Bedroom Apartments – From approx. AED 1.17M

All apartments are semi-furnished with kitchen appliances, elegant finishes, and smart home features.

Payment Plans

50/50 Payment Plan

• 10% – On Booking
• 40% – During Construction
• 50% – On Handover (Q3 2027)

Economic Appeal

• Attractive entry pricing under AED 700K.
• Projected rental yields of 6–7% in Dubai Production City.
• Biophilic, wellness-focused design increases long-term lifestyle and investment appeal.
• Excellent connectivity via Sheikh Mohammed Bin Zayed Road and Al Khail Road.
• Backed by Deyaar Development, one of Dubai’s most trusted developers with 20+ years of expertise.

Nearby Attractions and Distances

• City Centre Me’aisem – 5 minutes
• Dubai Hills Mall – 7 minutes
• Mall of the Emirates – 9 minutes
• Ibn Battuta Mall – 10 minutes
• Palm Jumeirah – 10 minutes
• Dubai Marina – 12 minutes
• Expo City Dubai – 15 minutes
• Burj Al Arab – 15 minutes
• Dubai International Airport (DXB) – 15 minutes

Amenities and Facilities

Ground Floor Amenities

• Contemporary Lobby
• Water Fountains & Shaded Spaces
• Food Market Hall & Friday Markets
• Convenience Retail & Arabian Art Displays

Outdoor Podium-Level Amenities

• Adult Swimming Pool & Kids’ Pool
• 2 Outdoor Kids’ Play Areas
• Community Lawn & BBQ Area
• Outdoor Coworking Spaces

Indoor Podium-Level Amenities

• Modern Gym & Fitness Studio
• Indoor Coworking Spaces
• Multipurpose Communal Dining Hall

11th Floor Amenities

• Rooftop Zen Garden
• Tea Terrace & Outdoor BBQ Area
• Plunge Pool & Seating Zones

Rooftop Amenities

• Padel Tennis Court
• Basketball Hoop
• Green Lawn (Dog Park)
• Social Seating Areas

A Community Rooted in Wellness & Nature

ELM at Parkfive is more than a residential tower—it’s a biophilic-inspired community, integrating water features, shaded pathways, landscaped gardens, and social spaces. The design promotes well-being, outdoor living, and community engagement, offering a truly resort-style lifestyle in the heart of Dubai.

About the Developer – Deyaar Development

Founded in 2002, Deyaar Development is one of the UAE’s leading real estate developers with over 30 completed projects and more than 20,000 residential and commercial units delivered across Dubai.

With iconic projects in Business Bay, Dubai Marina, DIFC, and Al Barsha, Deyaar is renowned for quality construction, sustainable designs, and lifestyle-focused communities. The company’s mission is to create developments that combine modern living with natural harmony, making it a trusted developer with a legacy of excellence.

Frequently Asked Questions

1. What is the starting price at ELM at Parkfive?
Studios start from AED 689,000.

2. When is the handover?
Scheduled for Q3 2027.

3. Is it freehold?
Yes, available for all nationalities.

4. What unit types are available?
Studios, 1-BR, and 2-BR apartments.

5. What amenities are offered?
Pools, zen gardens, coworking spaces, rooftop sports, dog park, gyms, BBQ areas, and more.

6. What is the payment plan?
50/50 with 10% down, 40% during construction, 50% on handover.

7. Can units be resold before handover?
Yes, after 30% payment.

8. Why invest in Dubai Production City?
Central connectivity, affordable entry prices, lifestyle-focused design, and strong ROI potential.

9. Who is the developer?
Deyaar Development, a trusted UAE developer with a strong track record.

10. Are the apartments furnished?
Semi-furnished with kitchen appliances and smart home systems.

If you're interested in this incredible property, don’t hesitate to get your free homebuyer consultation today with our RERA-certified real estate experts.

Simply email us at info@houseandhedges.ae or WhatsApp your details to +971523362441. We’ll get in touch with you the same day to answer all your queries and guide you through every step of the process.

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