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Ejari leases to 12 Oct 2026

Neem at Park Five rents

  • 22 new leases and 39 renewals in 12 months
  • 142 units
  • Dubai Production City
  • near Damac Properties

A two-bed here leases for about AED 72,000 a year, 13% below the typical Dubai Production City two-bed. New tenants pay more than renewing ones, who pay AED 67,000.

2 bed · typical new lease

72,000AEDa year

AED 63/sqft · +5.9% on a year

A month, roughly
AED 6,000
Renewal
AED 67,000
vs Dubai Production City 2 bed
13% below the median
New leases, 12 months
15
Buying instead? Neem at Park Five sale prices →

What should a lease in Neem at Park Five cost?A two-bed leases for about AED 72,000 a year; new tenants pay 7.5% more than renewing ones

TypeNew leaseRenewalvs Dubai Production CityLeases
1 bed49,00066/sqft70,00010 renewals22% lesstypical 63,0007
2 bedmost leased72,00063/sqft67,00029 renewals13% lesstypical 82,50015

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai Production City median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 5.9% more than a year earlier: AED 72,000 against 68,000.

Median annual rent, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Aug 2020, AED 53,700; latest, Sep 2026, AED 73,000; peak, Apr 2025, AED 113,750.

StartTypeSqftAnnual rentAED/sqftContract
1 Oct 20262 bed1,150AED 75,00065Renewal
1 Oct 20261 bed739AED 70,00095Renewal
17 Sept 20261 bed739AED 70,00095Renewal
10 Sept 20262 bed1,150AED 75,00065New
5 Sept 20262 bed1,150AED 72,00063New
29 Aug 20262 bed1,150AED 70,00061New
1 Aug 20262 bed1,150AED 75,00065New
1 Jun 20262 bed1,150AED 70,00061New
31 May 20262 bed1,210AED 100,70083Renewal
27 May 20262 bed1,150AED 72,00063New

Showing the 60 most recent of 61 contracts starting on or after 12 Oct 2025.

About Neem at Park FiveA 15-floor tower in Dubai Production City

Neem at Park Five is an under-construction (0% built) apartment building by Deyaar Development in Dubai Production City. 61 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors
15
Lifts
3
Parking bays
173
Pools
1
Master developer
Deyaar Development

Nearest, as registered

Metro
Damac Properties
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Letting a unit in Neem at Park Five?43% of units here signed a yearly lease in 12 months, above the Dubai Production City median; new tenants pay more than renewing ones

Units on a yearly lease
43%Fair
Dubai Production City median 6%; top tenth from 51%
New tenant vs renewal
+5.9%
New leases AED 72,000, renewals 68,000, all types

Comparables in Dubai Production City

Every Dubai Production City building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Neem at Park Five places 47th of 47; the nearest 4 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
43–45Qasr Sabah I, 2, 3one project rent, 3 towersAED 45,00071+11.0%0.0%129
46Oakwood ResidencyAED 56,50068+6.5%+2.7%91
47Neem at Park Five · this buildingAED 72,00064+6.7%22

Rank 1 is the dearest per square foot. Differences are against Neem at Park Five.

At 2 bed, Neem at Park Five ranks 23rd of 30 by rent per square foot and 18th of 18 by gross yield in Dubai Production City.

Market context in Dubai Production City

Registered sales activity

805 ready apartment sales in the 12 months to 2026-10-12.

+5.5% in median AED/sqft versus the preceding year, supported by 805 current and 1,116 prior price observations.

Explore sales activity

Planned apartment projects

2,784 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 3 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today.

Ready prices per sqft fell in 11% of 45 buildings (counted once per bedroom type) in Dubai Production City with sales in both years; the typical one moved +6.8%.

New-lease rents fell in 38% of 13 buildings (counted once per bedroom type) with leases in both years; the typical one moved +2.3%.

How these are counted
Find service-charge budget evidence for Neem at Park Five

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

More from Deyaar Development

Nearby in Dubai Production City

Prices per sq ft around Neem at Park Five, on the map
Pills show median annual rent, AED. 49 buildings pinned from Google place records and Apple geocoding · Neem at Park Five is the inverted pinOpen in Apple Maps

Ask about Neem at Park Five

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Common questions

What is the registered annual rent for a 2 bedroom in Neem at Park Five?
The median new annual rent is AED 72,000, from 15 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Neem at Park Five risen or fallen?
The median new annual rent changed +5.9% in the trailing 12 months against the previous 12, using 15 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Neem at Park Five pay more than sitting ones?
A new tenant pays +7.5% against a renewing one, across 29 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Neem at Park Five?
37 sales were registered with the Dubai Land Department in the last 12 months, alongside 15 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Neem at Park Five?
Damac Properties, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

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Neem at Park Five rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
7 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/production-city/neem-at-park-five
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Neem at Park Five rents and yield.” Dubai Production City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/production-city/neem-at-park-five

Stable dataJSON