Ivy at Park Five

When will Ivy at Park Five be handed over?

Deyaar gives Q4 2027 for Ivy at Park Five, and the Dubai Land Department (DLD) project register, where the building is listed as Ivy at Park Five, project number 4051, records a completion date of 31 December 2027. Deyaar’s launch announcement on 25 September 2025 said the Park Five community as a whole was scheduled for completion in December 2027, so the date has not moved since launch.

The DLD inspection of 17 September 2026 recorded 6.28% complete (DLD project register via Continental Club, registry updated 7 October 2026). That leaves about 94% of the building to finish in the 15 months to the registered date.

Building-by-building dates and how the date has changed: Ivy at Park Five handover date.

Ivy at Park Five construction update

The register shows the project registered on 2 October 2025 and construction starting on 1 November 2025. Inspections recorded 0% on 26 August 2025, 2.04% on 29 June 2026 and 6.28% on 17 September 2026. The gain of 4.24 points in under three months was the fastest so far. Propsearch describes Ivy as a nine storey building with one basement level.

Ivy at Park Five homes and sizes

Ivy has 210 units, and Deyaar announced it alongside Alder at Park Five, the two buildings together holding 277 homes. The DLD register gives this mix:

Ranges exclude the smallest and largest 5% of each type (Continental Club). Deyaar lists pools for adults and children, a gym and wellness centre, play areas, barbecue areas and rooftop spaces.

Ivy at Park Five prices and resale

Propsearch and Continental Club record a launch price from AED 685,000. Property Finder showed a starting price of AED 720,000 in October 2026 and gives 1 November 2025 as the sales start. By early October 2026 the DLD register held 179 sales, none of them resales (transaction register updated 6 October 2026). Median prices were:

• Studio: AED 735,395 (64 sales)
• 1 bedroom: AED 1,149,580 (61 sales)
• 2 bedroom: AED 1,695,886 (54 sales)

Data Dubai gives a median of AED 1,457 per sq ft across 171 sales in the trailing 12 months.

Ivy at Park Five payment plan

The plan is 10% on booking, 35% in six instalments during construction and 55% on handover (Bayut; Continental Club). Property Finder’s summary agrees on the 10/35/55 split, though its FAQ text reverses two of the figures. With 55% due at completion, more than half the price is paid only once the building is finished.

Ivy at Park Five developer and delivery record

Deyaar is a listed Dubai developer. Park Five is made up of five projects: Elm, Ember and Neem in the first phases, and Ivy and Alder in the final phase. Neem was 15.22% complete at a DLD inspection on 9 September 2026, with a registered date of 1 December 2027. Elsewhere, Deyaar handed over Regalia 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).

What to check before buying at Ivy at Park Five

1. The SPA completion date and grace period, since Deyaar’s recent towers finished later than first stated.
2. Which Park Five project the unit is in. Neem, Elm, Ember, Ivy and Alder have different registered dates.
3. The 55% handover payment, and whether a mortgage will cover it.
4. Unit type. Duplexes and the single 3 bedroom unit are few, so resale comparisons for them are thin.