ELM AT PARK FIVE

TL;DR: ELM at Park Five by Deyaar is an upcoming luxury residential project in Dubai Production City. Expected in Q3 2027, it offers studios to 3-bedroom apartments starting from AED 611,000. It features a 50/50 payment plan, biophilic design, an outdoor cinema, and padel tennis courts.

ELM at Park Five is an extraordinarily vibrant, newly launched contemporary residential development masterminded by the renowned Deyaar. Representing a major phase within a massive AED 1.5 billion, five-tower ecosystem, this striking mid-rise project is strategically located directly on the main community park and man-made lakes of Dubai Production City (IMPZ). Currently in its active off-plan phase, with a highly anticipated handover targeted for the third quarter of 2027, ELM at Park Five is meticulously designed around "biophilic" principles—flawlessly integrating nature with modern architecture to offer a balanced, deeply serene lifestyle for dynamic professionals, families, and astute investors.

The boutique development houses an exclusive collection of thoughtfully designed residential apartments. The inventory caters to a wide demographic, offering efficiently designed studios (starting from highly attractive prices around AED 611,000). The spacious 1-bedroom apartments generally range from AED 888,000 to AED 950,000, while expansive 2-bedroom units command prices between AED 1.38 Million and AED 1.52 Million (with select 3-bedroom options also available). Each residence boasts smart home systems, fully equipped kitchens, and large windows that maximize park and lake views. Deyaar offers a highly structured and buyer-friendly 50/50 payment plan (10% down, 40% during construction, 50% upon handover).

ELM at Park Five completely redefines community living by offering an extraordinary array of family-oriented amenities. Residents enjoy a spectacular swimming pool, a kids' splash pool, and a rooftop Zen garden with waterfall features. Health and fitness are prioritized with indoor/outdoor gyms, padel tennis courts, and a basketball half-court. Socialization thrives within a cinema room, BBQ areas, indoor/outdoor co-working spaces, a dog park, and unique "Friday Markets" (retail/food halls).

Strategically located in Dubai Production City, the development ensures exceptional urban connectivity, placing City Centre Me'aisem and major highways just minutes away.