Neem at Park Five

1. Is it on schedule?0% built in July 2026 against a December 2027 handover: 100% left to build in 17 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك دبي الاسلامي (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,326/sqft, 5.7% below the Dubai Production City off-plan median across 22 projects-5.7%Context
4. Is it selling?110 off-plan sales registered in the last 12 months, of 142 units; the latest on 21 Sept 2026110Context
5. Who is building it?Deyaar Development, licence no. 15; 0 of its 7 dated live projects are past their registered dates0%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك دبي الاسلامي (شركة مساهمة عامة)

Developer, as licensed

DEYAAR DEVELOPMENT (P.J.S.C) (no. 15)

Master developer

Dubai Holding Asset Management

Registered start

July 2025

Configuration

A residential building comprising a Basement, Ground Floor, Podium, 11 Upper Floors, and a Rooftop, offering a wide range of amenities including a gym, multipurpose room, adult swimming pool, children's pool, play area for kids, communal dining and BBQ space, and an outdoor social area.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Neem at Park Five be completed?

The developer registered handover for December 2027, 17 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Neem at Park Five cost per square foot?

AED 1,326 per sqft, the median of 110 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.13M. That is 5.7% below the Dubai Production City off-plan median across 22 projects.

Is Neem at Park Five in escrow?

Yes: the Land Department register names بنك دبي الاسلامي (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Neem at Park Five?

DEYAAR DEVELOPMENT (P.J.S.C), licence no. 15, by the register’s own licence number; the master developer that owns the land is Dubai Holding Asset Management. Dubai Land Department project register as of July 2026.

How many units does Neem at Park Five have?

142 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.