# When is the Ivy at Park Five handover date?

URL: https://www.dxbrealtor.ai/answers/ivy-at-park-five-handover-date/
Topic: Handover date
Updated: 2026-10-12

## Short answer

Ivy at Park Five is due for handover in Q4 2027, with a registered completion date of 31 December 2027 in the Dubai Land Department project register. A DLD inspection on 17 September 2026 recorded 6.28% complete. The date has not changed since Deyaar launched the building in late 2025, but about 94% of the work remained with 15 months to go.

## Key figures

- Registered completion date (DLD): 31 Dec 2027 (DLD project register via Continental Club, registry updated 7 Oct 2026)
- Latest construction progress: 6.28% (DLD inspection, 17 Sep 2026)
- Developer's stated date: Q4 2027 (Deyaar, 25 Sep 2025; Bayut and Property Finder)
- Change since launch: None (December 2027 given at launch)

## Ivy at Park Five handover date: the latest position

Ivy at Park Five has a registered completion date of 31 December 2027 in the Dubai Land Department (DLD) project register, and Deyaar and the main portals give Q4 2027. The DLD inspection of 17 September 2026 recorded the building at 6.28% complete. Full project details are on the [Ivy at Park Five](/projects/ivy-at-park-five/) page.

The date has been stable since launch. The open question is whether a nine storey building at 6.28% in September 2026 can be finished in the 15 months left. Its most recent quarter of progress, 4.24 points, was its fastest so far.

## Ivy at Park Five handover date by building

Ivy is one building of 210 units. The table adds the other Park Five buildings with published dates for comparison.

| Building | Construction progress (DLD, date) | Registered completion date | Developer or portal date |
|---|---|---|---|
| Ivy at Park Five (210 units) | 6.28% (17 Sep 2026) | 31 Dec 2027 | Q4 2027 (Deyaar, Bayut) |
| Neem at Park Five | 15.22% (9 Sep 2026) | 1 Dec 2027 | Not checked |
| Elm at Park Five | Not published | Not published | June 2027 (Property Finder) |

Ivy and Neem figures are from the DLD project register via Continental Club, accessed 11 October 2026. Ivy's 210 units are 82 studios, 62 one bedrooms, 60 two bedrooms, one 3 bedroom and five larger units including duplexes. Deyaar announced Ivy together with Alder at Park Five, the two holding 277 homes between them, and gave December 2027 for completion of the community in that announcement.

## How the Ivy at Park Five handover date has changed

| Date | What was stated | Source |
|---|---|---|
| 25 Sep 2025 | Deyaar announces Ivy and Alder as the final phase of Park Five; community completion December 2027 | Deyaar |
| 2 Oct 2025 | Project registered with DLD; completion date 31 December 2027 | DLD register via Data Dubai |
| 1 Nov 2025 | Sales start and registered construction start | Property Finder; DLD register |
| 29 Jun 2026 | DLD inspection at 2.04% | DLD register via Continental Club |
| 17 Sep 2026 | DLD inspection at 6.28%; date unchanged | DLD register via Continental Club |

## What the Ivy at Park Five handover date means for payments

The plan is 10% on booking, 35% in six instalments during construction and 55% on handover (Bayut; Continental Club). Because 55% falls due at completion, a later handover would also move the largest payment later. A buyer at the AED 685,000 launch price would owe about AED 376,750 at handover.

## What to check before relying on the Ivy at Park Five date

1. **The date in the SPA for the specific unit,** and its grace period. Park Five buildings carry different registered dates.
2. **Deyaar's recent timing.** [Regalia](/projects/regalia-by-deyaar/) finished about 16 months after its first target, and [Tria](/projects/tria-by-deyaar/) was handed over in October 2026, after its September 2026 target had passed (Deyaar, 6 October 2026).
3. **The next DLD inspection.** Reaching 100% by 31 December 2027 would take about 19 points a quarter, against 4.24 points between June and September 2026.

## Frequently asked

### What is the Ivy at Park Five completion date?

The DLD register records 31 December 2027 for project 4051, Ivy at Park Five. Property Finder also shows 31 December 2027 as the expected completion.

### Has the Ivy at Park Five handover date been delayed?

No change has been announced. Deyaar said in September 2025 that Park Five was scheduled for completion in December 2027, and the register still shows 31 December 2027.

### Is Ivy at Park Five finished?

No. It was 6.28% complete at the DLD inspection of 17 September 2026, up from 2.04% on 29 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 (DLD register via Continental Club). Property Finder lists Elm at Park Five for June 2027.

## Sources

- Zawya, Deyaar hands over 711 homes at Tria in Dubai Silicon Oasis (press release), 6 Oct 2026: https://www.zawya.com/en/press-release/companies-news/deyaar-builds-on-its-2026-handover-momentum-with-711-new-homes-at-tria-in-dubai-silicon-oasis-1510991
- DLD project register via Continental Club, Ivy at Park Five (inspection 17 Sep 2026), registry updated 7 Oct 2026: https://continentalclub.ae/project/ivy-at-park-five-park-five-by-deyaar/
- DLD project register via Continental Club, projects due in 2027, accessed 11 Oct 2026: https://continentalclub.ae/handover-2027/
- Deyaar, Deyaar unveils the final phase of Park Five community, 25 Sep 2025: https://www.deyaar.ae/en/media_center/deyaar-unveils-the-final-phase-of-park-five-community-in-dubai-production-city/
- Data Dubai, Ivy at Park Five (DLD registry), accessed 11 Oct 2026: https://datadubai.ae/projects/ivy-at-park-five/
- Property Finder, Ivy at Park Five project page, accessed 11 Oct 2026: https://www.propertyfinder.ae/en/new-projects/deyaar-development/ivy-at-park-five
- Property Finder, Elm at Park Five project page, accessed 11 Oct 2026: https://www.propertyfinder.ae/en/new-projects/deyaar-leasing/elm-at-park-five
- Bayut, Ivy at Park Five building guide, accessed 11 Oct 2026: https://www.bayut.com/buildings/ivy-at-park-five-impz/