Price from
AED 919.9K
Starting price for Maison Elysee III.

Under Construction
Maison Elysee III by Pantheon offers studio entry from AED 919.9K in Jumeirah Village Circle, with the project running 31.
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Price from
AED 919.9K
Starting price for Maison Elysee III.
Completion
Q4 2027
Tracked completion target for Maison Elysee III.
Related projects
9
Nearby launches and other Pantheon projects.
Maison Elysee III is a Pantheon project in Jumeirah Village Circle (JVC) offering 221 units from AED 919.9K with a Q4 2027 handover target. Before that price earns selection status, buyers need to reckon with two hard facts: the project is running 31.8% behind its construction schedule, and JVC studio pricing at AED 20,607 per sqm carries a thin margin for re-rating in one of Dubai's most supply-saturated off-plan submarkets. Nine related projects — spanning competing JVC launches and earlier Pantheon buildings — provide the comparison set buyers need to test whether this project stands apart or blends into the district's dense pipeline.
The project's 221 units are split into two distinct tranches. The 110 studio units are uniformly priced at AED 919.9K across 44.64 sqm each — equating to AED 20,607 per sqm, the highest psm rate in the project. The 111 larger units span 57.88 to 115.29 sqm at AED 1.16M to AED 2.17M, delivering a psm range of approximately AED 18,820 to AED 20,040; the largest layouts offer the best per-sqm efficiency, and buyers who can stretch past the studio price point receive proportionally more floor area per dirham. Buyer-facing selling costs include a 6% buyer-side fee on top of the purchase price — adding AED 55,194 at the AED 919.9K studio entry level, before DLD registration fees. With 217 tracked transactions already recorded, secondary-market liquidity exists, which allows buyers to review actual achieved prices before deciding whether the current off-plan asking rate holds its value. See all Dubai off-plan projects for market-wide context on how this pricing compares across active launches.
Maison Elysee III is 31.8% behind its original construction plan with Q4 2027 as the current handover target. In a market where JVC off-plan completions have repeatedly slipped 6–18 months past developer targets, that existing gap warrants planning around a 2028 base-case handover rather than 2027. Payment plans tied to construction milestones require close review: delayed milestones push instalment obligations further out, extending the cash commitment horizon and potentially disrupting liquidity planning for buyers relying on rental income to service ongoing costs. Buyers with mortgage pre-approvals in place should confirm their lender's policy on extended off-plan timelines before exchange. For buyers who have not yet committed to the off-plan format, Off-Plan vs Ready covers how construction risk shifts the financial case when a project is already running significantly behind schedule. Pantheon's delivery record on the earlier Maison Elysee buildings in JVC is the most relevant reference point for assessing whether the Q4 2027 target is credible.
Jumeirah Village Circle (JVC) is one of Dubai's highest-volume off-plan districts and one of its most supply-saturated mid-market residential submarkets. Rental demand in JVC is genuine — the district attracts young professionals and couples seeking affordable alternatives to Downtown Dubai and Business Bay — but the volume of competing completions scheduled for 2026–2028 will test absorption capacity for new studio and one-bedroom stock at scale. JVC studios in well-positioned buildings currently achieve approximately AED 45,000–55,000 annually, placing a Maison Elysee III studio at AED 919.9K in a gross yield range of roughly 4.9–6.0% at stabilisation. That is a serviceable yield for a project carrying meaningful construction risk, but not a standout one. Capital appreciation in JVC tracks more modestly than prime Dubai corridors — Marina, Downtown, and Business Bay all carry stronger resale premium — which makes rental yield, not capital growth, the primary investment driver here. Location specifics within JVC also matter: plot positioning relative to Al Khail Road access, community retail, and school catchment differentiates individual buildings within the same district, and buyers should verify Maison Elysee III's specific site position before treating all JVC addresses as equivalent.
Pantheon has concentrated its Dubai pipeline in JVC, making its earlier projects the most direct performance benchmarks available before committing to Maison Elysee III. Maison Elysee I and II are completed or near-complete versions of the same product format in the same location. Before committing to III, buyers should check secondary-market pricing on those buildings against the III off-plan asking rate. If completed units from the earlier series are transacting at or below AED 20,607 per sqm, the Maison Elysee III pricing offers no forward discount for construction risk — which directly challenges the off-plan value case. Quality walk-throughs of the earlier buildings provide the most reliable signal on finish standards, common area delivery, and facilities execution that no sales brochure replicates. Pantheon Boulevard is a larger Pantheon project in JVC with a different unit mix and amenity depth. It serves as a useful comparison for buyers assessing Pantheon's capability at a larger development scale before deciding whether the boutique Maison Elysee format suits their investment profile.
JVC's off-plan pipeline is deep enough that buyers should compare at least four competing projects before finalising any selection. Voxa competes directly at the studio and one-bedroom tier within the district and is the most immediate specification and pricing alternative. Nexara Tower offers an alternative tower configuration in JVC with its own construction schedule — a direct comparison against Maison Elysee III's 31.8% delay position is worth running before making a timing judgment. Tresora by Wadan and New Project by Empire introduce alternative developer backgrounds, providing diversification away from a single developer's delivery track record within JVC. For each alternative, the evaluation questions are consistent: current psm pricing relative to AED 18,820–20,607, current construction schedule status, payment plan structure, and developer completion history in Dubai. The Jumeirah Village Circle (JVC) area overview consolidates active JVC launches and their key metrics in one place. For due diligence guidance on any of these options, the buying advice section covers off-plan contracts, DLD registration requirements, and payment plan mechanics relevant to every JVC purchase.

A 31.8% schedule lag sits at the more serious end of the JVC off-plan spectrum. Buyers should treat Q4 2027 as an optimistic scenario and model a base case of mid-to-late 2028 handover. If the payment plan ties instalments to construction milestones, delayed milestones stretch your cash deployment over a longer horizon than originally planned. That is not automatically a dealbreaker — JVC projects have delivered late and still performed — but it changes the comparison against competing launches with cleaner construction positions. Buyers carrying mortgage pre-approvals should confirm lender tolerance for extended completion timelines before committing.
JVC studios in well-managed buildings currently achieve AED 45,000–55,000 per year. At the AED 919.9K studio entry price, that places gross yield between approximately 4.9% and 6.0% at stabilisation — before service charges, void periods, and agent costs. The 2027–2028 JVC supply pipeline is substantial, which introduces downward pressure on rents for new stock competing against other new stock entering the market simultaneously. Investors targeting yields above 6% should verify current achieved rents for comparable completed JVC studios and compare them against the per-sqm pricing across competing [JVC off-plan launches](/areas/jumeirah-village-circle-jvc) before accepting the Maison Elysee III forward pricing.
The earlier Maison Elysee buildings are the most reliable signal available on Pantheon's delivery standard, finish quality, and post-completion resale trajectory for this exact product type in this location. Buyers should check secondary-market pricing on those completed units: if they are transacting at or below AED 20,607 per sqm — the Maison Elysee III studio rate — the off-plan purchase carries no embedded discount for construction risk. A physical walk-through of the earlier buildings reveals facilities delivery, common area quality, and build specification in ways no brochure can replicate. That on-the-ground check should precede any commitment to the III.

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