Studio Apartment in Maison Elysee II, JVC, Offered at Original Price

Property Overview

This studio apartment in Pantheon Maison Elysee II, Jumeirah Village Circle, is listed at AED 732,900, the original purchase price. The seller is exiting at cost with zero discount from the OP. The apartment spans 399 sqft and is an off-plan unit with handover expected in Q1 2027.

Property Highlights

• Studio apartment, 399 sqft
• Asking price: AED 732,900 (at original purchase price)
• Rate: AED 1,837 per sqft
• Off-plan with handover Q1 2027
• Payment plan: 65/35
• Developer: Pantheon Development

Why This Is Classified as Off-Plan Distress

The asking price of AED 732,900 equals the original purchase price exactly. While there is no discount from the OP, the seller represents a distress exit: they absorb the 4% DLD transfer fee paid on the original purchase (approximately AED 29,300), plus any time and opportunity costs. A sale at the original purchase price with no capital gain after holding through the construction period indicates a motivated seller seeking to exit the position.

If a negotiated price falls below AED 732,900, the classification may be updated to Below OP with savings arithmetic added.

About Maison Elysee II

Maison Elysee II is a twin-tower residential development by Pantheon Development in Jumeirah Village Circle. The project offers studios, 1-bedroom plus study, and 2-bedroom apartments with sizes ranging from approximately 380 to 1,100 sqft. The development features sleek contemporary architecture, open-plan living spaces and private balconies. Amenities include a swimming pool, a fully equipped gymnasium, retail outlets at ground level, children's play areas, a BBQ area and landscaped gardens.

Pantheon Development is a Dubai-based developer with a portfolio of residential projects in JVC and Ras Al Khaimah, including the Pantheon Elysee series and Pantheon Boulevard.

Location and Connectivity

Maison Elysee II sits within Jumeirah Village Circle with access to Al Khail Road and Sheikh Mohammed Bin Zayed Road. The Circle Mall and multiple dining and retail outlets are within the JVC community. Dubai Marina, Downtown Dubai and Dubai International Airport are accessible via the wider road network. Buyers should verify specific travel times independently.

Verification Notes

The asking price, original purchase price (both AED 732,900), built-up area (399 sqft) and handover year (2027) are sourced from the agent brief received in September 2026. There is no savings to calculate as the asking price equals the OP. The price per square foot of AED 1,837 is calculated from the asking price and stated built-up area. Published Pantheon timelines indicate Q1 2027 handover. Project details are drawn from Pantheon Development and secondary market sources. Buyers should independently confirm all figures, including the original SPA, payment history, remaining instalments and handover date, with the developer before committing.