Studio · 460 sqftPantheon Elysee III, Jumeirah Village Circle (JVC) · 4th floor · completed 2024

423, Pantheon Elysee III

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 500K10 March 2022
Current rentAED 50K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Pantheon Elysee III

What is 423 worth today?

Last sold for AED 499,900 in 2022

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12 Sep 2026RentedRenewal
AED 50,000/yr12 months · AED 116 per sqft
10 Jun 2026RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
12 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
10 Mar 2022Sold by developerOff-plan
AED 499,900AED 1,086 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
4th of 4
Parking
1
Developer
Pantheon Elysee Real Estate Development
Completed
2024
Last sold
AED 500K · March 2022

About 423, Pantheon Elysee III

423 is a studio of 460 sqft on the 4th floor of Pantheon Elysee III, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Pantheon Elysee Real Estate Development . The developer sold it on 10 March 2022 for AED 499,900, or AED 1,086 per sqft, 6% below the AED 1,153 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 12 September 2026, is AED 50,000 a year: a gross yield of 10.0% on the 2022 price.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical studio in Pantheon Elysee III
500K600K202220242026Typical sale price by year: 2022 AED 478,742; 2023 AED 499,900; 2024 AED 550,000; 2025 AED 617,500; 2026 AED 561,000Sold by developer, March 2022: AED 499,900 (AED 1,086 per sqft)

423 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 423, each contractTypical studio in Pantheon Elysee III
40K50K60K202520262027Typical rent by year: 2025 AED 50,000; 2026 AED 46,000New contract, September 2025: AED 60,000 a yearNew contract, June 2026: AED 40,000 a yearRenewal, September 2026: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Pantheon Elysee III, and where 423 sits

All 210 studios →

423 last sold in March 2022 at AED 1,086 per sqft, 6% below what studios in Pantheon Elysee III were fetching at the time (AED 1,153). Over the last 12 months studios sold for AED 535,000 to 625,000, around AED 1,421 per sqft, and rent for AED 33,000 to 78,000 a year. 423's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 2026550,000
28 Oct 2026550,000
15 Oct 2026540,000
17 Sep 2026560,000
15 studio sales in the last 12 months

Pantheon Elysee III

Building

310 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2024 by Pantheon Elysee Real Estate Development . 23 sold in the last 12 months.

Typical price per sqft
AED 1,393 Down 5.1%
Typical sale
AED 605K
Typical rent
AED 51K /yr
Typical yield
7.9%
Pantheon Elysee III, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 310 units in Pantheon Elysee III
Value
401StudioAED 524K · Sep 2022
402StudioAED 519K · Dec 2022
403StudioAED 530K · Mar 2022
404StudioAED 550K · Sep 2024
4051-bedAED 1.02M · Oct 2024
4061-bedAED 811K · Aug 2022
407StudioAED 460K · Mar 2022
1–7 of 51

423, Pantheon Elysee III in numbers

  • Sold once: by Pantheon Elysee Real Estate Development on 10 March 2022 for AED 499,900, or AED 1,086 per sqft.
  • Rented since September 2025 on 3 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2026 and recovered to AED 50,000 by September 2026.
  • At AED 50,000 a year the gross yield on the 2022 price is 10.0%.
  • Studios in Pantheon Elysee III sold for AED 535,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 1,393 per sqft.

Source: Dubai Land Department. Updated 12 September 2026.

Questions about 423, Pantheon Elysee III

What did unit 423 last sell for?

AED 499,900 on 10 March 2022, sold by the developer: AED 1,086 per sqft for 460 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 50,000 a year on the contract renewed on 12 September 2026. The previous contract, from June 2026, was AED 40,000; the unit has been rented since September 2025.

How big is unit 423?

460 sqft (42.7 sqm): a studio on the 4th floor of a 4-storey tower completed in 2024.

What is unit 423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Pantheon Elysee III sold for AED 535,000 to 625,000 in the last 12 months, around AED 1,421 per sqft.

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Mortgage on 423, Pantheon Elysee III

Starts from the last sale price (AED 500K, 10 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 499,900
Deposit, UAE resident (20%)
AED 99,980
Deposit, non-resident (40%)
AED 199,960
Monthly over 25 years at 3.7%
AED 2,045

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →