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ELYSEE lll BY PANTHEON

A studio in ELYSEE lll BY PANTHEON costs a median AED 605,000, rents long-let for AED 48,000/yr (7.93% gross), and returns 17.58% short-term at the assumed 80% occupancy.

  • Ask
Buy · Studio
605,000AED
AED 1,523/sqft · +2.6% 12mo
Long-let
AED 48,000/yr · -0.3 pts vs area
7.93%
Short-term (modelled)
AED 458/night · 1.15/sqft
17.58%

13 sales · 82 rental contracts in 12 months · Data to 2026-09-11 · refreshed 2026-09-16

Appreciation

Studio · price per sqft · Jumeirah Village Circle · area median AED 1,600/sqft

Price per sqft, 12 months
+2.6%
3 years
+24.7% · +7.6%/yr
vs area median
-4.8%
Rank by price per sqft
126th of 212

Rental income

Studio · Jumeirah Village Circle

Gross yield
7.93%
Median new rent
AED 48,000/yr
Yield vs area median
-0.3 pts
Yield vs Dubai (6.94%)
+1.0 pts
Yield rank
65th of 102
Renewal rent
AED 49,000/yr
New tenants pay vs sitting (41 renewals)
-2.0%

Short-term income

Studio · 80% occupancy · 7-night stays

Median nightly rate
AED 458
Net revenue
AED 106,346/yr
vs long-let rent
2.2×
Listings seen
5+

Studio figures rest on 13 registered sales and 82 new rental contracts in the 12 months to 2026-09-11; rents pooled across the project. Latest price record Jul 2026.

Read with care

  • Rental data covers the whole Elysee III by Pantheon project, not this tower alone.
How 7.93% is calculated
Gross yield
7.93% gross yield
Numerator
AED 48,000 median new rent · 82 contracts in 12 months
Denominator
÷ AED 605,000 price benchmark
Benchmark basis
Median of 13 sales in the last 12 months · latest Jul 2026

Price per sqft: Median of 13 registered sales of ready units in the last 12 months, most recent July 2026.

Short-term yield is modelled: net revenue at 80% occupancy ÷ the same price benchmark. Occupancy is an assumption, not a measurement; the dial in the short-term section changes it.

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 from 2022 to 2026 contain 403 registered sales across all bedroom types. Current sale figures use the last 12 months; rental medians use new Ejari contracts from the same period.

Yield by bedroom type

TypeMedian priceAED/sqftYieldNew rent (contracts)12moSales
StudioAED 605,00015237.93%
-0.3 pts
AED 48,000
82
+2.6%13
1 bedAED 910,00014867.80%
+0.3 pts
AED 71,000
35
+21.6%8
2 bedAED 1.46M1269pooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2

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
Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike. Each bedroom type is priced off its own sales; the columns beside each yield show both legs and the sales the benchmark rests on.
  • Studio: price benchmark AED 605,000 · 13 sales in 12 months · latest Jul 2026
  • 1 bed: price benchmark AED 910,000 · 8 sales in 12 months · latest Aug 2026

Worked example: gross yield, costs and shared rental evidence

Short-term rates around ELYSEE lll BY PANTHEON

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

How short-term 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”.
80%

80% is the published assumption. Move the dial to model a different occupancy; the site's own figures keep 80%.

TypeNightly, AEDAED/night/sqftNet revenue at 80%Long-let rentUpliftNet yieldListings seen
Studio4581.15AED 106,346AED 48,0002.2×17.58%5+
1 bed4890.80AED 110,383AED 71,0001.6×12.13%3+
2 bed500 m cluster5850.51AED 125,055AED 100,0001.3×3+

At 80% occupancy. · Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

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, 0.74 AED/night/sqft; latest Sep 2027, 0.47 AED/night/sqft; peak Jan 2027, 1.09 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

What units sold for at launch against what the finished building resells for now, all unit types.

Launch median
1,154AED/sqft
off-plan sales 2022–2025 · 358 sales · AED 519,302 typical
Resale today
1,499AED/sqft
ready sales, last 12 months · 23 sales · AED 620,000 typical
Uplift
+19.4%
+7.3%/yr from the launch midpoint

Units sold off-plan in ELYSEE lll BY PANTHEON between 2022 and 2025 went for a median of AED 1,154/sqft. The same building resells today at AED 1,499/sqft, an uplift of +19.4%.

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

Why this uses the full history
The launch median uses all-history off-plan sales; the resale median uses ready sales in the trailing 12 months. These are unpaired transaction groups at building grain, not matched unit resales or realised investor gains. Costs are excluded.

Recent transactions

As filed with the Land Department — data to 2026-09-11.

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

Sales

DateTypeSqftPriceAED/sqft
25 Aug 20261 bed614AED 616,0001,003
25 Aug 20262 bed1,113AED 1,513,0221,360
21 Jul 2026Studio407AED 550,0001,351
20 Jul 2026Studio408AED 562,0001,378
29 Jun 2026Studio407AED 570,0001,400
15 Jun 2026Studio399AED 568,0001,422
11 May 20261 bed398AED 459,2781,155
5 May 2026Studio400AED 620,0001,550
27 Apr 2026Studio405AED 535,0001,320
2 Apr 2026Studio400AED 610,0001,527
26 Mar 20261 bed742AED 1,200,0001,617
9 Mar 2026Studio394AED 600,0001,523
24 Feb 20262 bed1,193AED 1,405,0001,178
26 Dec 2025Studio405AED 625,0001,543
26 Dec 20251 bed621AED 990,0001,595
25 Dec 2025Studio399AED 620,0001,552
18 Dec 2025Studio400AED 605,0001,513
23 Oct 20251 bed614AED 920,0001,499
8 Oct 2025Studio404AED 625,0001,548
3 Oct 20251 bed614AED 900,0001,466
1 Oct 20251 bed611AED 900,0001,473
30 Sept 20251 bed625AED 1,000,0001,600
26 Sept 2025Studio401AED 640,0001,597
Showing 10 of 23

23 resales in the last 12 months.

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. ELYSEE lll BY PANTHEON places 113th of 353; the nearest 8 are shown.

RankBuildingAED/sqftvs ELYSEE lll BY PANTHEONMedian priceYield12moSales
109Iridian Park 11,500+0.1%AED 836,93524
110Binghatti Phantom1,500+0.1%AED 1.35M6.67%-3.0%50
111Maison Elysee II1,499+0.0%AED 724,900-11.9%46
112Westwood Grande by Imtiaz1,499+0.0%AED 1.29M6.20%+2.4%14
113ELYSEE lll BY PANTHEON · this building1,499AED 620,0008.95%+7.3%23
114Floarea Skies1,495-0.2%AED 1.15M156
115AURA by Grovy1,494-0.3%AED 1.15M6.96%-8.3%17
116The Vybe1,493-0.4%AED 1.07M7.35%+2.2%27
117FIVE at Jumeirah Village Circle Dubai1,489-0.6%AED 1.00M+23.6%39

Rank 1 is the dearest per square foot. Differences are against ELYSEE lll BY PANTHEON (AED 1,499/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, ELYSEE lll BY PANTHEON has registered sale prices 5% below the Jumeirah Village Circle median price per square foot of 1,600 AED, across 212 eligible buildings. It ranks 126th of 212 by price per square foot and 65th of 102 by gross yield in Jumeirah Village Circle.

Where ELYSEE lll BY PANTHEON stands

ELYSEE lll BY PANTHEON in Jumeirah Village Circle, what the register names nearby, and the building as registered with the Dubai Land Department as of September 2026. Counts are as registered, not as built or as operated.

Pinned from Google's place record for the registered name.Open in Google Maps
Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy
Floors
7
Lifts
4
Parking bays
352
Swimming pools
1

Before you decide

The facts that can change the return, each with the date it rests on.

Filled dot: on record. Hollow: read with care. Dashed: a gap the site cannot close from public data.

Common questions

What is the rental yield in ELYSEE lll BY PANTHEON?
ELYSEE lll BY PANTHEON returns 7.93% gross: a median new-contract rent of AED 48,000 a year (82 Ejari contracts in 12 months) over a price benchmark of AED 605,000 (median of 13 sales in the last 12 months, latest Jul 2026), before service charge, agency fees or vacant months.
How much does a studio in ELYSEE lll BY PANTHEON cost?
The median registered sale price is AED 605,000 (1,523 AED/sqft), from 13 Dubai Land Department sales in the last 12 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 12 months have a median of 1,523 AED/sqft, across 13 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and 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 +2.6% over the last 12 months against the 12 before it, on 13 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 7.93% gross yield sits -0.3 pts against the Jumeirah Village Circle median of 8.26%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data to 2026-09-11, refreshed 2026-09-16. Short-term rates are collected separately from public Airbnb search results.

Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike. Each yield states its price benchmark and evidence count beside it. Short-term yields are modelled at an assumed 80% occupancy over the same benchmark.

ELYSEE lll BY PANTHEON sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
13 registered sales in the trailing 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-09-11. 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.

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