Illustration: construction cranes on a residential tower at dusk
Handover date

When is the Elm at Park Five handover date?

Updated 12 October 2026 Elm at Park Five

Short answer

Elm at Park Five is due for handover in June 2027, with a registered completion date of 1 June 2027 in the Dubai Land Department project register. The DLD inspection of 3 September 2026 recorded 16.18% complete. Deyaar's date has not changed since launch, but the two towers would need to build about five times faster than in mid-2026 to meet it.

Registered completion date (DLD)

1 Jun 2027

DLD project register via Continental Club, registry updated 1 Oct 2026

Latest construction progress

16.18%

DLD inspection, 3 Sep 2026

Developer's stated date

June 2027

Deyaar factsheet, Nov 2024; Property Finder

Change since launch

None

Summer 2027 given at launch

Elm at Park Five handover date: the latest position

Elm at Park Five has a registered completion date of 1 June 2027 in the Dubai Land Department (DLD) project register, and Deyaar and Property Finder give June 2027. The DLD inspection of 3 September 2026 recorded 16.18% complete. Full project details are on the Elm at Park Five page.

The date has been stable since Deyaar opened bookings in October 2024. The pressure is on progress: the last quarter added 5.17 points, while finishing on time would take about 28 points a quarter.

Elm at Park Five handover date by building

Elm is Towers A and B of Park Five, registered together as one project with one date. The table adds the other Park Five projects with published register data.

Building Construction progress (DLD, date) Registered completion date Developer or portal date
Elm at Park Five, Towers A and B (532 units) 16.18% (3 Sep 2026) 1 Jun 2027 June 2027 (Property Finder); summer 2027 (Deyaar)
Neem at Park Five 15.22% (9 Sep 2026) 1 Dec 2027 Not published
Ivy at Park Five (210 units) 6.28% (17 Sep 2026) 31 Dec 2027 Q4 2027 (Deyaar)

All figures from the DLD register via Continental Club, accessed 11 October 2026. The register does not split Elm’s progress between Tower A and Tower B.

How the Elm at Park Five handover date has changed

Date What was stated Source
1 Oct 2024 Bookings open; June 2027 handover Aigents Realty
29 Nov 2024 Factsheet: 50% due on handover in summer 2027 Deyaar
1 Apr 2025 Registered construction start; completion date 1 June 2027 DLD register via Continental Club
10 Jun 2026 DLD inspection at about 11.01% DLD register via Continental Club
3 Sep 2026 DLD inspection at 16.18%; date unchanged DLD register via Continental Club

The June figure is derived from the 5.17 point gain Continental Club reports between the two inspections.

What the Elm at Park Five handover date means for payments

The plan is 10% on booking, 40% during construction and 50% on handover (Deyaar factsheet). Aigents Realty lists the construction instalments as dated payments, ending with 6% in April 2027, so by the registered date most buyers will have paid 50% regardless of progress. The other half moves with completion: about AED 515,000 on a 1 bedroom at the AED 1,030,190 registered median.

What to check before relying on the Elm at Park Five date

  1. The SPA date and grace period for the specific tower and unit.
  2. The next DLD inspection. A 1 June 2027 finish needs about 28 points a quarter, against 5.17 between June and September 2026.
  3. Deyaar’s recent timing. Regalia was handed over in April 2026, about 16 months after its first target, and Tria was handed over in October 2026, after its September 2026 target passed (Deyaar, 6 Oct 2026).

Questions buyers also ask

What is the Elm at Park Five completion date?

1 June 2027, the completion date for DLD project 3343, Elm At Park Five (via Continental Club). Property Finder shows the same date.

Has the Elm at Park Five handover date been delayed?

No change has been announced. Deyaar's November 2024 factsheet gave summer 2027, and the register still shows 1 June 2027. A few broker pages quote Q4 2027, which is the date for the later Ivy and Alder buildings.

Is Elm at Park Five finished?

No. It was 16.18% complete at the DLD inspection of 3 September 2026, up from about 11.01% on 10 June 2026.

When will the other Park Five buildings be ready?

Neem at Park Five has a registered date of 1 December 2027 and was 15.22% complete on 9 September 2026. Ivy at Park Five has a registered date of 31 December 2027 and was 6.28% complete on 17 September 2026 (DLD register via Continental Club).

Sources

  1. DLD project register via Continental Club, Elm At Park Five (opens in a new tab)continentalclub.ae · inspection 3 Sep 2026; registry updated 1 Oct 2026
  2. Aigents Realty, Elm at Park Five (opens in a new tab)aigentsrealty.com · accessed 11 Oct 2026
  3. My Offplan Investment, Elm at Park Five (opens in a new tab)myoffplaninvestment.com · accessed 11 Oct 2026
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