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About Elm at Park Five
Elm is the closing phase of Deyaar's Park Five community, launched in 2025.
Park Five releases are listed from roughly AED 611,000 to 704,000 on a 10/40/50 plan.
Completion is targeted for December 2027.
Payment
Payment plan
10/40/50 — 10% on booking, 40% during construction, 50% on handover
At a glance
Elm at Park Five key facts
- Developer
- Deyaar
- Community
- Dubai Production City
- Status
- Under construction
- Handover
- Q4 2027
- Starting price
- AED 611K
- Unit types
- Apartment
- Payment plan
- 10/40/50
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 611K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Elm at Park Five
- 01
Shortlist and reserve
Choose a unit type and view at Elm at Park Five and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Deyaar issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q4 2027), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Final phase of an established community
- Half payable on handover
- Listed developer (DFM)
What to weigh
- Starting price cited as a range
- Dubai Production City is a mid-market district
FAQ
Elm at Park Five — frequently asked questions
What is the starting price of Elm at Park Five?
Published pricing at Elm at Park Five starts from AED 611K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Elm at Park Five?
Elm at Park Five is scheduled for handover in Q4 2027. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Elm at Park Five?
10/40/50 — 10% on booking, 40% during construction, 50% on handover
Who is the developer of Elm at Park Five?
Elm at Park Five is developed by Deyaar in Dubai Production City, Dubai.
What unit types are available at Elm at Park Five?
Elm at Park Five offers Apartment.
Where is Elm at Park Five located?
Elm at Park Five is in Dubai Production City, Dubai.
Can foreigners buy at Elm at Park Five?
Yes. Dubai Production City is a freehold area, so buyers of any nationality can own property at Elm at Park Five outright.
Does buying at Elm at Park Five qualify for the UAE Golden Visa?
The entry price of AED 611K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Elm at Park Five?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 24K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Elm at Park Five?
MRK Real Estate advises on primary purchases and resales at Elm at Park Five. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Deyaar before any transaction.
