Staff Report
Dubai, UAE
Deyaar Development PJSC, a leading real estate developer, has announced the launch of Phase 2 of Park Five, a wellness-focused luxury residential community in Dubai Production City, following the success of Phase 1. Composed of 343 residential units ranging from studios to one-, two-, and three-bedroom residences, Phase 2 is slated for completion by mid-2027.
Residents can access amenities yoga lawns, outdoor co-working spaces, fitness centers, and children’s play areas. Residents can unwind in tranquil settings such as a hammock garden, a rooftop Zen garden, and even a shaded outdoor cinema. Park Five supports active lifestyles with a plethora of facilities including multi-purpose sports courts, rooftop sand volleyball courts, resort-style lap pools with lounge areas, and kids’ pools.
The project’s sustainability-focused design integrates energy-efficient systems, maximising natural light, and indoor-outdoor community areas to promote both environmental and personal wellness.
Saeed Mohammed Al Qatami, CEO at Deyaar Development, said, “With the launch of Phase 2 of Park Five, Deyaar continues to craft community ecosystems for families to thrive, connect, and create lasting memories. Each unit is a testament to our commitment to intelligent, holistic urban living. Park Five aspires to be more than a development; this is a prototype community for ideal urban life that inspires and rejuvenates, living up to the UAE’s vision of creating urban spaces that enhance the quality of life for residents. This project reflects our commitment to delivering world-class, sustainable and value-driven developments, while responding to global investor interest in UAE real estate.”
Strategically positioned in Dubai Production City, Park Five offers connectivity to essential amenities, including shopping and dining, parks, golf clubs, schools, and hospitals. Located near Sheikh Mohammed bin Zayed Road and Al Khail Road, Park Five is just minutes away from City Centre Me’aisem and close to key locations, including the Dubai Exhibition Centre, Al Maktoum International Airport, Dubai Expo 2020, and Dubai International Airport.
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