Deyaar Unveils Final Phase of Park Five Community in Dubai Production City

Dubai, UAE – September 25, 2025: Deyaar Development PJSC (Deyaar) has announced the launch of the final phase of its Park Five community in Dubai Production City, introducing two new residential projects, Ivy and Alder. This phase adds 277 residential units with modern designs, completing the vibrant mixed-use community that has already seen success with its initial buildings: Elm, Ember, and Neem.

Strategically located, the final phase provides residents with unparalleled access to essential urban facilities, aligning with the goals of the Dubai Urban Plan 2040, which focuses on enhancing community living and promoting sustainable development.

Completing a Vision for Community Living

The final phase of Park Five builds on the achievements of the earlier launches, which have set new standards for integrated community living in Dubai Production City. Ivy and Alder aim to meet the growing demand for diverse housing options, reflecting Dubai’s rapid urban growth and evolving lifestyle needs.

“This project marks a significant step in our overall vision for developing Park Five as a pioneering model of community living, in line with the Dubai Urban Plan 2040,” said Saeed Mohammed Al Qatami, CEO of Deyaar. “By integrating thoughtful design with sustainable practices, we are committed to creating an environment that supports residents' prosperity and encourages social interaction, while providing a high quality of life.”

Innovative Housing Options

Ivy and Alder have been designed to offer diverse and flexible residential layouts that cater to modern families and individuals seeking a balanced lifestyle.

Ivy introduces luxurious duplex units resembling townhouses, a first for Dubai Production City.

• The development features studios, one- and two-bedroom apartments, as well as duplexes with two and three bedrooms.

Alder offers a mix of one-, two-, and three-bedroom apartments, designed to suit various lifestyle needs.

Many units boast stunning views, further enhancing the living experience within the community.

Amenities Designed for Modern Urban Living

Both Ivy and Alder are designed to deliver premium urban living with a wide range of amenities and communal spaces, fostering well-being and social connection.

Residents will benefit from:

• Modern-designed lobbies with convenient retail outlets.
• A fully equipped contemporary gym and wellness center.
• Dedicated swimming pools for adults and children.
• Multiple play areas catering to various age groups.
• Barbecue areas and shaded outdoor seating for gatherings.
• Rooftop spaces designed to create a serene evening atmosphere.

These features are designed to create a vibrant community hub, encouraging interaction and enhancing the quality of life for residents.

The entire Park Five community has been master-planned to offer breathtaking views, green spaces, and upscale facilities. Project completion is scheduled for December 2027.

Commitment to Excellence and Sustainability

Commenting on the significance of the final phase, Hamdan Al Kaitoob, Senior Vice President of Sales and Marketing at Deyaar, stated:

“We not only aim to provide additional residential units but strive to create living communities that touch people's lives and reflect their aspirations. The final phase of the project embodies our deep commitment to high quality and sustainable development. We are excited to see the positive impact this project will have on the real estate market, and we look forward to delivering the best real estate solutions that meet our clients' expectations.”

The announcement of the final phase follows the remarkable success of Park Five’s earlier launches, which have generated strong market demand and reinforced Deyaar’s position as one of Dubai’s leading developers.

As Deyaar continues to innovate and expand, the Park Five community stands as a testament to the company’s dedication to creating sustainable, vibrant neighborhoods that enhance urban living standards and meet the needs of Dubai’s growing population.