Deyaar Development launches Park Five residential community
Phase 1 of Park Five will include Elm and Ember towers, featuring a mix of studios, one-, two-, and three-bedroom residences
Deyaar Development has announced the launch of Park Five, a residential community in Dubai Production City. The new development is being developed at a cost of US $408mn and will focus on wellness-centric living and community engagement, and will offer residents an urban sanctuary with planned amenities and pricing.
Phase 1 of Park Five will include Elm and Ember towers, featuring a mix of studios, one-, two-, and three-bedroom residences.
“Park Five is an exciting new addition to Deyaar’s portfolio of community developments and a significant landmark on our ongoing journey of growth and transformation. Park Five has been developed in alignment with Dubai’s vision of creating sustainable and innovative urban spaces that enhance the quality of life for residents. This project reflects our commitment to delivering world-class, sustainable and value-driven developments, responding to the global investor interest in UAE real estate,” said Saeed Mohammed Al Qatami, CEO at Deyaar Development.
The development will incorporate spaces that prioritise holistic well-being. Winding through Park Five lush greenery and vibrant communal spaces are traditional sikkas, or Arabian-style pathways. The sustainability-focused design integrates energy-efficient systems, maximising natural light, and indoor-outdoor community areas to promote both environmental and personal wellness, said a statement.
The Elm and Ember towers feature amenities such as yoga lawns, outdoor co-working spaces, fitness centre, infinity-edge pools, and dedicated children’s play areas. Residents can unwind in settings such as a hammock garden, a rooftop Zen garden, and even a shaded outdoor cinema. Park Five supports active lifestyles with facilities including multi-purpose sports courts, rooftop sand volleyball courts, resort-style lap pools with lounge areas as well as kids’ pools, the statement added.
Hamdan Al Kaitoob, Vice President – Property & Community Management at Deyaar Development added, “In today’s real estate market, wellness is no longer a trend but an essential expectation. Park Five reflects this shift. We have conceptualised a community that leverages architecture and design to prioritise physical and mental well-being. With innovative designs, proximity to green spaces, and quality wellness amenities, Park Five not only enhances the lifestyle of its residents but also sets a new benchmark for wellness-focused living in Dubai, making it accessible to many more people with competitive pricing.”
With its fusion of luxury, wellness, and sustainability, Park Five is set to redefine urban living in Dubai, offering residents a vibrant, self-sustaining community that meets the growing demand for healthier lifestyles, the statement concluded.
