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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Jumeirah Village Circle · August 2026

ELYSEE lll BY PANTHEON

Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026

Period covered: Sep 24 to Aug 26 · Ref AR-B3917-202608

Key takeaways

  • Median price for apartments: AED 1,064,511 (AED 12,718 per sqm), down 18.5% year on year.
  • Per sqm, apartments here are 16% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
  • 2 sales recorded in August 2026, down 67% from a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 1,064,511+28.6%vs last year
Median price / sqmAED 12,718-18.5%vs last year16% below the Jumeirah Village Circle average
Sales recorded2-66.7%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 of 2
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 2 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

16K15K14K7Sep 24May 25Jan 26Aug 26
Sep 24 · 15K /sqmAug 26 · 13K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 1,064,511AED 12,718——
July 20262AED 556,000AED 14,688——
June 20262AED 569,000AED 15,189——
May 20262AED 539,639AED 14,559——
April 20262AED 572,500AED 15,323——
March 20261AED 600,000AED 16,398——

2.Recent saleslast 15 registered in ELYSEE lll BY PANTHEON

DateUnitSize sqmPriceAED / sqmStatus
25 Aug 20262 bedrooms103AED 1,513,022AED 14,638Ready
25 Aug 20261 bedroom57AED 616,000AED 10,798Ready
21 Jul 2026Studio38AED 550,000AED 14,539Ready
20 Jul 2026Studio38AED 562,000AED 14,836Ready
29 Jun 2026Studio38AED 570,000AED 15,071Ready
15 Jun 2026Studio37AED 568,000AED 15,306Ready
11 May 20261 bedroom37AED 459,278AED 12,433Ready
5 May 2026Studio37AED 620,000AED 16,685Ready
27 Apr 2026Studio38AED 535,000AED 14,214Ready
2 Apr 2026Studio37AED 610,000AED 16,433Ready
26 Mar 20261 bedroom69AED 1,200,000AED 17,409Ready
9 Mar 2026Studio37AED 600,000AED 16,398Ready
24 Feb 20262 bedrooms111AED 1,405,000AED 12,675Ready
26 Dec 20251 bedroom58AED 990,000AED 17,167Ready
26 Dec 2025Studio38AED 625,000AED 16,605Ready

Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.

Comparables for a specific unit

Enter the client's unit and the report gains a section of every registered sale of that size and type in ELYSEE lll BY PANTHEON over the last two years. It stays in the link and the PDF.

3.Methodology and source

Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through September 2, 2026, rents through August 21, 2026). No listings, asking prices, or estimates.

Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than thirty sales carry a small-sample note.

Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.

Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.

Full methodology