409, The Paragon By IGO
Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, The Paragon By IGO
What is 409 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2023.
Key facts
- Type
- Studio apartment
- Size
- 435 sqft
- Floor
- 4th of 23
- Parking
- 1
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 993K · April 2023
- Building
- The Paragon By IGO
About 409, The Paragon By IGO
409 is a studio of 435 sqft on the 4th floor of The Paragon By IGO, a 23-storey tower in Business Bay completed in 2024 by IGO Real Estate Development. The developer sold it on 4 April 2023 for AED 992,622, or AED 2,280 per sqft, 16% above the AED 1,960 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 409 over time
409 has sold once; the dashed line is the studio median of each year in the building.
Studios in The Paragon By IGO, and where 409 sits
All 54 studios →409 last sold in April 2023 at AED 2,280 per sqft, 16% above what studios in The Paragon By IGO were fetching at the time (AED 1,960). Over the last 12 months studios sold for AED 990,000 to 1,000,000, around AED 2,396 per sqft, and rent for AED 70,000 to 70,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 408 sqft | 990,000 | 2,429 | ||
| 20 Jan 202520 January 2025 | 434 sqft | 945,000 | 2,176 | ||
| 15 Nov 202415 November 2024 | 434 sqft | 980,000 | 2,256 | ||
| 14 Oct 202414 October 2024 | 451 sqft | 840,000 | 1,862 |
The Paragon By IGO
Building324 apartments, studios to 3-bed over 23 floors in Business Bay, completed in 2024 by IGO Real Estate Development. 15 sold in the last 12 months.
- Typical price per sqft
- AED 2,141 Up 8.1%
- Typical sale
- AED 1.43M
- Typical rent
- AED 108K /yr
- Typical yield
- 6.4%
Other units on the 4th floor
All 324 units in The Paragon By IGO| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 434 sqft | AED 980KAED 980,000 · Nov 2024November 2024 | ||
| 402 | Studio | 434 sqft | AED 989KAED 989,450 · Apr 2023April 2023 | ||
| 403 | Studio | 434 sqft | AED 900KAED 899,500 · Dec 2022December 2022 | ||
| 404 | Studio | 451 sqft | AED 941KAED 941,105 · Dec 2022December 2022 | ||
| 405 | 1-bed | 784 sqft | AED 1.4MAED 1,400,000 · Aug 2024August 2024 | ||
| 406 | 1-bed | 888 sqft | AED 1.36MAED 1,362,674 · Dec 2022December 2022 | ||
| 407 | 1-bed | 932 sqft | AED 1.4MAED 1,395,357 · Jun 2023June 2023 | ||
| 408 | 423 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | |||
| 410 | Studio | 434 sqft | AED 922KAED 922,316 · Dec 2022December 2022 | ||
| 411 | Studio | 439 sqft | AED 938KAED 938,421 · Dec 2022December 2022 | ||
| 412 | 1-bed | 643 sqft | AED 1.17MAED 1,174,344 · Dec 2022December 2022 | 105,000 /yr | |
| 413 | 1-bed | 660 sqft | AED 1.15MAED 1,154,574 · Nov 2022November 2022 | ||
| 414 | 1-bed | 660 sqft | AED 1.13MAED 1,130,000 · Oct 2023October 2023 | ||
| 415 | 1-bed | 660 sqft | AED 1.15MAED 1,154,574 · Nov 2022November 2022 | ||
| 416 | 1-bed | 602 sqft | AED 1.13MAED 1,130,000 · Mar 2024March 2024 | ||
| 417 | 1-bed | 934 sqft | AED 1.37MAED 1,370,573 · Dec 2022December 2022 | ||
| 418 | 1-bed | 809 sqft | AED 1.5MAED 1,500,000 · Nov 2024November 2024 | ||
| 419 | 1-bed | 659 sqft | AED 1.16MAED 1,158,235 · Feb 2023February 2023 | ||
| 420 | 1-bed | 644 sqft | AED 1.5MAED 1,500,000 · Dec 2025December 2025 |
409, The Paragon By IGO in numbers
- Sold once: by IGO Real Estate Development on 4 April 2023 for AED 992,622, or AED 2,280 per sqft.
- Studios in The Paragon By IGO sold for AED 990,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,141 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2023.
Questions about 409, The Paragon By IGO
What did unit 409 last sell for?
AED 992,622 on 4 April 2023, sold by the developer: AED 2,280 per sqft for 435 sqft. It is the only registered sale of the unit.
How big is unit 409?
435 sqft (40.4 sqm): a studio on the 4th floor of a 23-storey tower completed in 2024.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Paragon By IGO sold for AED 990,000 to 1,000,000 in the last 12 months, around AED 2,396 per sqft.
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Mortgage on 409, The Paragon By IGO
Starts from the last sale price (AED 993K, 4 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 992,622
- Deposit, UAE resident (20%)
- AED 198,524
- Deposit, non-resident (40%)
- AED 397,049
- Monthly over 25 years at 3.7%
- AED 4,061
Plus AED 46,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →