ELM at Parkfive

By Deyaar Development in Dubai Production City, Dubai

ELM at Parkfive, image 1
Price from
AED 1,007,827
Price up to
AED 1,723,206
Size
735 to 1,818 sq ft
Community
Dubai Production City
Status
Off-plan, selling

About ELM at Parkfive

ELM at Parkfive is an off-plan development by Deyaar Development in Dubai Production City, Dubai. Units run from 735 to 1,818 sq ft. Entry price is AED 1,007,827.

ELM at Parkfive is an off-plan development by Deyaar Development in Dubai Production City, Dubai. Units are 735 to 1,818 sq ft. Prices run from AED 1,007,827 to AED 1,723,206.

Dubai Production City is freehold, so buyers of any nationality can own outright. TRPE transacts on this project directly with the developer, so the price you see is the developer’s, not a resale mark-up.

We do not publish a handover date for ELM at Parkfive because we do not hold a confirmed one. Ask us and we will get the current schedule from Deyaar Development in writing, along with the payment terms on the release that is open now.

About Deyaar Development

Deyaar is a long established Dubai developer, best known for the Midtown community in Dubai Production City and for mid market towers across the city.

It is listed on the Dubai Financial Market, and it is both a developer and a property manager, which matters more than it sounds: a company that manages buildings after handover tends to build with running costs in mind. Its work sits mainly in the mid market rather than at the luxury end.

What do they build?

Apartment communities and standalone residential towers, plus branded residences in partnership with hotel operators. Midtown, in Dubai Production City, is its largest project: a set of apartment districts around shared parks, pools and retail, built out in phases.

Where do they build?

What should you check before buying?

  • Service charges and who manages the building, since Deyaar often manages its own stock and that arrangement has real consequences for cost and standards.
  • Which district and phase within a large project like Midtown, because amenity access varies by building.
  • Whether a branded residence premium is worth it to you, and what the operator actually provides.
  • Rental comparables in the same building, not just the same community.

Are they a safe developer to buy from?

Being listed on the Dubai Financial Market means their accounts are public, which is more transparency than most Dubai developers offer, and they have a long completion record. As with any large phased community, the practical risk is buying into an early phase surrounded by construction, so check what is finished on the ground.

All Deyaar Development projects

Interested in ELM at Parkfive?

Tell us the size and budget you have in mind. We will come back with what is available now, the developer's current terms, and comparable projects if this one does not fit.

TRPE Real Estate

The Real Property Experts: buying, selling and renting homes & commercial property across Dubai.

Get new listings & market insights

Join our newsletter. No spam, unsubscribe anytime.

©2026 TRPE Real Estate. All rights reserved.

TRPE Real Estate is a company registered in Dubai, United Arab Emirates. Trade License No. 999314 · RERA ORN 28357 · Office 1201, Ascott Park Place, Sheikh Zayed Road, Dubai. Regulated by the Real Estate Regulatory Agency (RERA).