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ELYSEE lll BY PANTHEON

A studio in ELYSEE lll BY PANTHEON costs a median AED 600,000, rents long-let for AED 48,000/yr (8.50% gross), and returns 17.71% short-let at the assumed 80% occupancy — +0.1 pts vs Jumeirah Village Circle's 8.43% and +1.5 pts vs Dubai's 6.97% — from 49 sales and 197 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
14 in 12 months
Rental contracts · Studio
83 in 12 months
Buy
600,000AED
AED 1,411/sqft
Long-let
8.50%
AED 48,000/yr
Short-let
17.71%
AED 458/night · 1.14/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 4 sales in the last 3 months.

Yield spread
+0.1 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 122
Sales
49
Rental contracts
197
Renewal rent
AED 48,000/yr
12 months
+4.5%
3 years
+24.9%+7.7%/yr

Based on 49 sales and 197 rental contracts in the last 24 months. Rental data covers the whole Elysee III by Pantheon project, not this tower alone.

ELYSEE lll BY PANTHEON is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the Elysee III by Pantheon development. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2022 to 2026, 806 registered sales in all — the 49 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 600,00014918.50%
+0.1 pts
+4.5%49
1 bedAED 922,50013307.77%
-0.0 pts
+25.3%18
2 bedAED 1.32M11197.14%
-0.2 pts
+20.8%8

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around ELYSEE lll BY PANTHEON

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio4581.14AED 106,256AED 48,0002.2×17.71%5+
1 bed4890.70AED 109,018AED 71,5001.5×11.82%3+
2 bed500m5850.50AED 124,594AED 100,0001.2×9.46%3+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.65 AED/night/sqft; latest Sep 2027, 0.41 AED/night/sqft; peak Jan 2027, 0.96 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because ELYSEE lll BY PANTHEON itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in ELYSEE lll BY PANTHEON between 2022 and 2025 went for a median of AED 1,154/sqft (AED 519,302). The same building resells today at AED 1,422/sqft (AED 620,000) — an uplift of +19.4%.

Based on 358 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

25 resales in the last 12 months, against 57 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
25 Aug 20262 bed1,113AED 1,513,0221,360
25 Aug 20261 bed614AED 616,0001,003
21 Jul 2026Studio407AED 550,0001,351
20 Jul 2026Studio408AED 562,0001,378
29 Jun 2026Studio407AED 570,0001,400
15 Jun 2026Studio399AED 568,0001,422

6 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
7
Lifts
4
Parking bays
352
Swimming pools
1

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in ELYSEE lll BY PANTHEON?
ELYSEE lll BY PANTHEON returns 8.50% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 197 rental contracts registered in the last 24 months.
How much does a studio in ELYSEE lll BY PANTHEON cost?
The median registered sale price is AED 600,000 (1,491 AED/sqft), from 49 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in ELYSEE lll BY PANTHEON selling for right now?
Registered sales of ready units in ELYSEE lll BY PANTHEON over the last 6 months have a median of 1,411 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in ELYSEE lll BY PANTHEON risen or fallen?
Median price per square foot moved +4.5% over the last 12 months against the 12 before it, on 49 registered sales. On a sample this size, read the direction rather than the exact figure.
How does ELYSEE lll BY PANTHEON compare with Jumeirah Village Circle?
Its 8.50% gross yield sits +0.1 pts against the Jumeirah Village Circle median of 8.43%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

ELYSEE lll BY PANTHEON sale record

Record type
Building-level property market record
Data date
Evidence base
49 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/elysee-lll-by-pantheon
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “ELYSEE lll BY PANTHEON sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/elysee-lll-by-pantheon.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.