Pantheon Development has launched Pantheon Elysée, a $54.4m residential project in District Thirteen of Jumeirah Village Circle (JVC). The development will feature 266 residential units and two large outlets on the ground floor.

The project is Pantheon’s second in JVC and the developer notes that, in line with market demand, Pantheon Elysée will feature 127 studio flats, 112 one-bedroom, 23 two-bedroom and four three-bedroom apartments.

“Investing in JVC is at the forefront of our plans, we aim to develop more affordable luxury projects similar to Elysée; regarding design and development and amenities. However, as time goes on- we also strive to invest within the market and area simultaneously,” said group founder and chairman Kalpesh Kinariwala.

The project is said to feature a ‘sleek and modern aesthetic design that is preferred by many urbanities’.

He added, “Pantheon Elysée had been designed for a carefree lifestyle of someone who has everything they could desire; high-end apartment features, many community perks, the use of state-of-the-art facilities, and retail shops on the ground level where you can pick up anything you need on a moment’s notice. Pantheon Group is built on a foundation of strategic planning and impeccable execution. Continuing to grow and diversify; we are becoming a lead player in the affordable luxury industry.”