DREAM.5 Light Weight Grandprix 2008 Final Round was promoted by Fighting and Entertainment Group’s mixed martial arts promotion Dream. The event took place on Monday July 21, 2008 at the Osaka-jo Hall in Osaka, Japan and hosted the final round of the promotion’s Lightweight tournament.
The DREAM.5 attracted a crowd of 11,986 to the Osaka Jo Hall and was broadcast live in Japan on the TBS network and SkyPerfect and on HDNet Fights in the United States.
| Match | Winner | Loser | Method | Round | Time |
| 1 | Daisuke Nakamura | Andy Ologun | Submission (Armbar) | 1 | 3:41 |
| 2 | Shinya Aoki | Caol Uno | Decision (Unanimous) | 2 | 5:00 |
| 3 | Eddie Alvarez | Tatsuya Kawajiri | TKO (Punches) | 1 | 7:35 |
| 4 | Joachim Hansen | Kultar Gill | Submission (Armbar) | 1 | 2:33 |
| 5 | Joseph Benavidez | Junya Kudo | Submission (Guillotine choke) | 1 | 2:42 |
| 6 | Kuniyoshi Hironaka | Motoki Miyazawa | TKO (Cut) | 1 | 8:57 |
| 7 | Hideo Tokoro | Takeshi Yamazaki | Decision (Unanimous) | 2 | 5:00 |
| 8 | Yoshihiro Akiyama | Katsuyori Shibata | Submission (Gi choke) | 1 | 6:34 |
| 9 | Alistair Overeem | Mark Hunt | Submission (Keylock) | 1 | 1:11 |
| 10 | Joachim Hansen | Shinya Aoki | TKO (Punches) | 1 | 4:19 |