Elysee by Pantheon III in Jumeirah Village Circle - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in Elysee by Pantheon III
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
38
16,605
625,000
Sales prices for completed properties in Elysee by Pantheon III
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
37
16,496
612,500
1
58
17,167
990,000
Rents in Elysee by Pantheon III
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
Studio
37
1,473
55,000
1
69
1,044
71,667
The cap rate (rental yield) of investments into Elysee by Pantheon III project is 7.1% on average.
The price of an apartment in Elysee by Pantheon III is 16,697 AED/sqm on average.
The long term rent of an apartment in Elysee by Pantheon III is 1,195 AED/sqm/year on average.
Price for off-plan Studio apartment in Elysee by Pantheon III is 625,000 AED or 16,605 AED/sqm.
Price for completed Studio apartment in Elysee by Pantheon III is 612,500 AED or 16,496 AED/sqm. Price for completed 1 bedroom apartment in Elysee by Pantheon III is 990,000 AED or 17,167 AED/sqm.
Rent for Studio apartment in Elysee by Pantheon III is 55,000 AED or 1,473 AED/sqm. Rent for 1 bedroom apartment in Elysee by Pantheon III is 71,667 AED or 1,044 AED/sqm.
About Elysee by Pantheon III
'Elysee by Pantheon III' in 'Jumeirah Village Circle' area project description
Pantheon Elysee III, also known as Maison Elysee III, is a modern residential development by Pantheon Development in Jumeirah Village Circle (JVC), Dubai. This project offers studio, 1-bedroom, and 2-bedroom apartments in a stylish structure emphasizing affordable luxury with clean lines and high-quality modern finishing materials.
Construction started on October 2, 2021, following the project announcement and booking launch on October 1, 2021. Progress reached 100% as of February 2025, with an expected delivery in September 2024 or Q3/Q4 2024 according to initial timelines, though some updates indicate handover around Q1 2027. Pantheon Development, established in 2016, fills the gap in accessible high-end residential properties, having completed over 1 million square feet across projects like Pantheon Boulevard, Pantheon Elysee, Elysee II, and this phase.
The architecture showcases forward-thinking modernism with crisp lines, meticulous detailing, and sophisticated design that stands out in JVC. It rises approximately 28 floors, featuring open spacious layouts optimized for comfort, including smart configurations for 2-bedroom units around 800 sq ft.
The layout includes a masterplan with studio apartments (around 395 sq ft), 1-bedroom units (around 694 sq ft), and 2-bedroom apartments (around 1,211 sq ft). Ground-level retail shops provide convenient access to daily needs.
Amenities focus on refined urban living with state-of-the-art facilities, community perks, and high-end apartment features promoting a serene environment. The development integrates leisure pools and communal spaces typical of JVC's family-oriented vibe.
Located in JVC District 15, it enjoys a prime position with easy access to Dubai's key areas, offering a peaceful retreat amid urban convenience. JVC connects seamlessly to major highways like Al Khail Road and Sheikh Mohammed Bin Zayed Road. To reach the beach, drive about 20-25 minutes to Jumeirah Beach Residence (JBR) or 15-20 minutes to Jumeirah Public Beach via Al Khail Road (E44) southbound, exiting toward Beach Road (E11).
Nearby projects include other Pantheon developments like Elysee I and II, Pantheon Boulevard, plus developments by Azizi, Binghatti, Samana, Nshama, and Imtiaz in JVC. The master developer for the broader area is Nakheel, enhancing community infrastructure with planned nurseries, schools, hospitals, malls, and green spaces.
The market in JVC thrives on high demand for affordable luxury homes, driven by its strategic growth, family appeal, and connectivity to Dubai International Airport (28 minutes) and Al Maktoum International Airport (34 minutes). This positions Pantheon Elysee III as a key player in the area's expanding residential landscape.