Pantheon Developments, one of the renowned UAE-based international real estate developers, announced that it has begun the construction works of Pantheon Elysse, its second development in Dubai which has the primary value of $49m.
Situated in a unique location within Jumeirah Village Circle, Pantheon Elysse is an affordable luxury project. It will comprise 268 residential units as well as a number of retail outlets for world-class lifestyle brands. The project’s construction works will take around two years to be completed within the fourth quarter of 2020.
In his comment on the project progress, Kalpesh Kinariwara, the founder and the chairman of Pantheon Developments explained that Pantheon Elysse will help the company accomplish its vision of offering its customers upscale residential units with prices they can afford. Kinariwara added that the project will meet an surging demand on this type of units in Dubai property market.
Pantheon Elysse comes as the second project for the developer in Jumeirah Village Circle and all of Dubai, with the first being Pantheon Boulevard in JVC’s District 13 which comprised 162 units that have already been handed over to their respective owners.