Address
Dubai Production City
Total units
49
From
AED 720,788
Handover
Q4 2027
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Overview
Ivy at Park Five is a mid-rise development by Deyaar taking shape in Dubai Production City. The building advances Deyaar’s mature mid-segment portfolio with efficient apartment layouts. The facade carries a sculpted vertical rhythm with refined material articulation. Apartment layouts are calibrated for cross-ventilation and natural light, paired with a calm material palette across living and bedroom spaces.
The project sits in the accessible-entry bracket and benefits from Dubai Production City’s settled urban fabric. Communal facilities include gym, kids room, cafes and restaurants, retail shops, 24/7 security and parking. The project delivers 49 residences with handover scheduled for Q4 2027 and starting prices from AED 720,788.
For end users and investors alike, Ivy at Park Five pairs Dubai Production City’s established residential context with Deyaar’s delivery profile. The amenity layer and surrounding catchment combine into a clear end-user proposition, while the wider area’s rental and secondary-market fundamentals support investor positioning.
Location
Dubai Production City sits along Sheikh Mohammed Bin Zayed Road (E311) within the wider New Dubai corridor, adjacent to Motor City and JVT. The TECOM-managed masterplan combines media-industries clusters with a residential layer.
Access runs through Sheikh Mohammed Bin Zayed Road (E311) and Hessa Street (D61), with a planned metro extension on the long-term horizon.
Daily-needs retail is anchored by Me’aisem City Centre and a dense neighbourhood F&B catchment, with Mall of the Emirates within driving range.
Education needs are covered by GEMS FirstPoint School, with a wider catchment of international schools across the surrounding area. Healthcare anchors include Mediclinic Parkview Hospital and Aster Clinic, supplemented by the wider Dubai medical network within a short driving range.
TECOM’s masterplan keeps Production City on a media-free-zone employment trajectory with continued residential densification on the surrounding catchment. Continued investment reinforces the area’s positioning as the media-industries hub.
For investors, Production City trades on TECOM corporate-tenant demand with affordable residential pricing; yields sit at the upper end of the mid-segment band. Tenant base leans toward media-industries professionals and mid-income corporate expats.
Amenities
Developer
Deyaar Development is a publicly listed Dubai institution. Founded in 2002 and headquartered in the emirate, the company works across residential, commercial and mixed-use real estate, with a diverse portfolio that leans toward medium and large-scale projects in prime urban locations.
Deyaar maintains an active construction pipeline with regular new launches, and its delivery record reflects a steady contribution to Dubai’s residential and commercial supply. Its homes are priced in the mid and upper-mid tier, and its strategy stays centred on the city’s urban districts – established and emerging alike – with more residential and mixed-use projects in its proven formats. For investors who want the reassurance of a listed, long-standing developer, Deyaar is a solid choice. Explore Deyaar’s projects with Ultra DXB.
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