THE ELYSEE BY DARA – KOH PICH (DIAMOND ISLAND), PHNOM PENH
Developer: Dara Group (Dara Hotels Group)
About This Development
The Elysee by Dara | French-Inspired Mixed-Use, Koh Pich
French-inspired low-rise mixed-use development (5-7 floors) on Koh Pich (Diamond Island) by Dara Group. ~260 residential, office and retail units plus 37-unit serviced apartment component by Dara Hotels. Foreign ownership (strata title) eligible. Completed.
The Elysee by Dara for Sale on Koh Pich, Phnom Penh
Pricing, yields, and availability are indicative until confirmed. Sales progress, furnishing scope, and rental assumptions are reported/indicative.
The Elysee by Dara is a French-inspired low-rise mixed-use development on Koh Pich (Diamond Island), one of Phnom Penh’s most modern and prestigious districts. The boutique 5-7 floor cluster by Dara Group combines residential units, office suites and retail shopfronts with European boulevard-style architecture – unique in Phnom Penh. Includes a 37-unit serviced apartment component operated by Dara Hotels with Mekong River views. Residential from ~$140,000, offices from ~$120,000. Indicative gross yields: residential 5.0-7.0%, office 7.0-9.0%.
Who rents here: Expatriates, small businesses, boutique operators, lifestyle tenants, F&B operators. Serviced apartments attract corporate and embassy guests.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current availability + pricing (residential, office and retail)
- Payment terms for completed units
- Rental assumptions + Koh Pich comps
- Floor plans and unit layouts
- Serviced apartment operation details
- Foreign ownership eligibility summary
- SPA checklist
- Within 2-4 hours: Full deal pack sent to your email.
- Within 24 hours: Team follow-up to answer questions.
- No pressure: Take your time reviewing.
Amenities
The Elysee provides a lifestyle-driven environment with European-style streetscapes, integrated retail, dining and communal spaces designed around the boutique village concept.
Lifestyle
Building Services
Serviced Apartment Extras
Why Koh Pich (Diamond Island)?
Koh Pich is Phnom Penh’s flagship modern urban district – a purpose-built island development with luxury towers, riverfront parks, international schools and major retail. It continues to grow into the city’s premier lifestyle destination.
Tenant profile: Expatriates, young professionals, upper-income families, SMEs
Rental demand: Strong – residential, office and F&B
Key draws: AEON Mall, NagaWorld, riverside parks, international schools
Character: Modern, walkable, high-end lifestyle island
Location Map
Approximate area map – contact us for exact location details.
Developer: Dara Group
Dara Group (also operating as Dara Hotels) is a well-established Cambodian developer with strong hospitality expertise. Known for premium urban developments, serviced residences and a long-term presence in Phnom Penh’s luxury real estate sector. Their hotel management experience ensures strong operational stability across mixed-use assets.
Annual Holding Costs
For a full breakdown see our taxes and fees guide and hidden costs guide.
Unit Types and Pricing
The Elysee offers a diverse mixed-use unit mix across residential, commercial and serviced apartment categories. The European architectural design provides high ceilings, spacious layouts and strong natural light.
Unit Pricing Overview
| Type | Size | From | Notes |
|---|---|---|---|
| Studio | ~45-55 sqm | TBC | Entry-level residential |
| 1 Bed | ~65-75 sqm | ~$140k+ | Popular rental category |
| 2 Bed | ~90-120 sqm | TBC | Premium residential |
| Duplex | ~110-150 sqm | TBC | High ceilings, premium |
| Office | ~40-150 sqm | ~$120k | Strong SME demand |
| Retail | Varies | POA | F&B and lifestyle |
Serviced apartments: 37 fully-furnished units (34-242 sqm, studio to 4-bed) operated by Dara Hotels. Rental from ~$450/month.
Rental and Yields
The Elysee benefits from diversified demand across residential, office, retail and serviced apartment categories. Office units typically achieve higher yields than residential. The unique French architecture creates strong lifestyle appeal.
Gross rent (office, ~95sqm): ~$900/month
Annual gross rent: ~$10,800
Purchase price: ~$130,000
Indicative gross yield: ~8.3%
Net yield lower after costs. Residential yields of 5.0-7.0%, office yields of 7.0-9.0% reported. Actual rents depend on unit type and tenant.
Regional Comparison: Why Cambodia?
Cambodia remains one of Southeast Asia’s most undervalued property markets. Read: Why Cambodia for freehold investment →
Mature, lower yields
Emerging, highest yields
Strong growth, leasehold
Historic benchmark ranges for prime CBD new-builds (2024 data). Emerging markets carry higher risk.
Can Foreigners Own This?
Yes. Foreign buyers can purchase eligible strata-title (hard title) units above ground floor, subject to the building’s 70% foreign ownership quota.
Ownership type: Strata title (hard title)
Eligible floors: First floor and above
Foreign quota: Max 70%
Requirements: Valid passport
Transfer: Can sell, inherit, or transfer
Learn more: Strata Title Ownership Guide · Foreign Buyer Guides
Is This Right For You?
✓ This suits investors who want:
A unique French-inspired architecture unlike anything else in Phnom Penh. Diversified mixed-use income across residential, office and retail. Boutique low-rise living on Koh Pich (Diamond Island). Completed building with operational community and serviced apartments. Hospitality-grade management from Dara Hotels. Freehold strata title with long-term capital appreciation.
✗ This may not suit investors who:
Want high-rise tower views and premium sky-living amenities. Prefer mainstream modern design over European-themed architecture. Need sub-$100k entry point. Are seeking the highest yields (residential yields are 5.0-7.0%, mid-range). Want a large, established developer with extensive multi-project track record.
Risk and Mitigations
Listing data indicates ~50% occupancy rate. Mitigated by Koh Pich’s ongoing growth and the project’s unique positioning. Verify current occupancy before committing.
European architecture is distinctive but may not suit all tenants. Mitigated by lifestyle appeal and strong F&B/retail integration.
Low-rise boutique stock has a smaller buyer pool. Mitigated by unique positioning and Koh Pich’s premium status.
USD widely used. FX exposure depends on your base currency.
Independent lawyer review recommended. Use our due diligence checklist.
Transfer tax of 4% applies. See our taxes and fees guide.
Frequently Asked Questions
Can foreigners buy at The Elysee by Dara?
Yes. Foreign buyers can purchase strata-title (hard title) units above ground floor, subject to the 70% quota. Strata title guide.
What is the estimated rental yield?
Indicative gross yields of 5.0-7.0% for residential and 7.0-9.0% for office units. An office at ~$130k renting at ~$900/month delivers approximately 8.3% gross. See our rental management guide.
Is The Elysee by Dara completed?
Yes. Fully completed and operational with active residential, commercial and serviced apartment tenants.
What is the serviced apartment component?
37 fully-furnished serviced apartments (34-242 sqm) operated by Dara Hotels, offering studio to 4-bedroom layouts with Mekong River views, housekeeping and hotel-grade amenities. Rental from ~$450/month.
What makes The Elysee unique?
It is the only large European-inspired boutique urban village in Phnom Penh, combining French architectural styling with integrated retail, dining and office spaces on Koh Pich.
Which units rent best?
Office units and smaller residential units have the strongest demand and turnover. Commercial units achieve higher yields. See our rental management guide.
What are the annual holding costs?
Service charge (TBC), property tax (0.1% on value above $25k), and optional management (8-12%). See taxes guide and hidden costs guide.
How do I exit or sell my investment?
Units can be sold to foreigners or Cambodians. Unique architecture and Koh Pich location support buyer interest. Limited comparable stock. See our exit strategy guide.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates. Resi 5.0-7.0%, Office 7.0-9.0%. Net lower after costs.
- Foreign ownership: Per 2010 law, subject to 70% quota.
- Due diligence: Independent advice recommended.
Last updated: 14 February 2026. Subject to change.
Ready to Invest in The Elysee by Dara?
Access Koh Pich’s unique French-inspired mixed-use market with diversified residential, office and retail income potential. Completed and operational. Get current availability and pricing.
Development Details
| Developer | Dara Group (Dara Hotels Group) |
| Property Type | Apartment |
| Location | Koh Pich |
| Total Units | 960 |
| Price Range | From $110,000 |
| Current Status | Completed |
| Posted Date | February 13, 2026 |
| Development ID | #914 |
