Maison Elysee 1

A 349-unit tower where studios make up half the stock

Out of the 349 apartments at Maison Elysee 1, 174 are studios. Pantheon adds 153 one-bedroom units, only 22 two-bedroom units, and two large retail spaces on the ground floor. The building has twenty-two residential floors sitting on a ground floor and a four-level podium, for 27 floors in total. It is the first of two towers in the Maison Elysee scheme in Jumeirah Village Circle, with handover scheduled for the first quarter of 2027. The brochure's numbers describe a product built for renters rather than family living, and the payment plan points the same way.

One studio in two, from 376 to 410 square feet

Studios range from 376 to 410 square feet, roughly 35 to 38 square metres. One-bedroom units go from 645 to 718 square feet (60 to 67 square metres). These are standard sizes for JVC, neither cramped nor generous. With close to 94% of the stock made up of studios and one-bedrooms, the tower is aimed first at young professionals working in Dubai Marina, Al Barsha or Dubai Internet City who are looking for affordable rent. For an investor, this also means heavy internal competition at leasing time, since dozens of near-identical units will hit the market in the same week.

22 two-bedroom units, a single floor plan

The brochure lists only one size for the two-bedroom units: 893 square feet, about 83 square metres. That figure is modest for this unit type, confirming that families are not the main target. Scarcity still works in favour of these units. Twenty-two out of 349 is a small number, and households with a child who want to stay close to JVC's schools and nurseries will find limited options here. Every unit, studios included, comes with a parking space, which is not a given everywhere in the area.

30% paid after handover, spread over 24 instalments

The payment schedule runs in five stages. The buyer pays 15% on booking, then 5% on signing the contract, on top of the 4% Dubai Land Department fee and the 1,090 AED Oqood fee. Next comes 40% during construction and 10% on handover. The remaining 30% is spread over 24 months after the keys are handed over, meaning 1.25% of the price per month, a pace that a studio's rent can partly cover. This schedule is shorter than some JVC competitors offering 40 months post-handover, but it allows entry with 20% excluding fees.

Service charges quoted at 15 AED per square foot

Pantheon quotes an estimated service charge of 15 AED per square foot per year. For a 376 square foot studio, that works out to around 5,600 AED a year, and close to 13,400 AED for a two-bedroom unit. This sits within JVC's average range, where towers with pools and gyms typically run between 13 and 18 AED. The tower plans for six elevators across 349 units, a little under 60 apartments per lift. On amenities, the brochure lists an adult pool, a children's pool, a gym facing the pool, a play area, and a landscaped garden with a barbecue spot.

Pantheon, from iodine to property development

The developer did not start out in real estate. Pantheon Group began in 2001 distributing chemical products for the mining and oil industries, and claims to be the world's largest iodine distributor. The Dubai based group reports revenue above 1.2 billion dirhams and has since branched out into asset management. Its Pantheon Development arm was set up in 2016. The brochure lists three completed projects: Pantheon Elysee I, Pantheon Elysee II and Pantheon Boulevard, giving a verifiable track record in JVC ahead of this new build.

Between Al Khail Road and Sheikh Mohammed Bin Zayed Road

JVC sits between two major roads, Al Khail Road and Sheikh Mohammed Bin Zayed Road. The area has no metro station, so a car remains necessary. The developer states Mall of the Emirates is 15 minutes away, Downtown and Palm Jumeirah 20 minutes, DXB airport 25 minutes, and Al Maktoum airport 30 minutes. Circle Mall, supermarkets and several schools are within walking distance. For a tenant working at the Marina or Expo City, this in between location goes a long way toward explaining rental demand in the area.