Studio · 434 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

503, The Paragon By IGO

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 25 June 2024

Last soldAED 940K25 June 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 503, The Paragon By IGO

Today

What is 503 worth today?

Last sold for AED 940,000 in 2024

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25 Jun 2024

25 Jun 2024SoldOff-plan

AED 940,000AED 2,168 per sqft

29 Nov 2023

29 Nov 2023SoldOff-plan

AED 891,589AED 2,056 per sqft

3 Jan 2023

3 Jan 2023Sold by developerOff-plan

AED 891,589AED 2,056 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.

Key facts

Type: Studio apartment
Size: 434 sqft
Floor: 5th of 23
Parking: 1
Developer: IGO Real Estate Development
Completed: 2024
Last sold: AED 940K · June 2024
Building: The Paragon By IGO

About 503, The Paragon By IGO

503 is a studio of 434 sqft on the 5th floor of The Paragon By IGO, a 23-storey tower in Business Bay completed in 2024 by IGO Real Estate Development. It last sold on 25 June 2024 for AED 940,000, or AED 2,168 per sqft, 5% above the AED 2,072 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales

Unit 503, each saleTypical studio in The Paragon By IGO

503 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in The Paragon By IGO, and where 503 sits

All 54 studios →

Studios in The Paragon By IGO · last 12 months2,396 /sqft The Paragon By IGO · all types2,141 /sqft

503 last sold in June 2024 at AED 2,168 per sqft, 5% above what studios in The Paragon By IGO were fetching at the time (AED 2,072). 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	Size	Price (AED)	Per sqft
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

2 studio sales in the last 12 months

The Paragon By IGO

Building

324 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%

The Paragon By IGO, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 324 units in The Paragon By IGO


501	Studio	434 sqft	AED 945KAED 945,000 · Jan 2025January 2025
502	Studio	434 sqft	AED 847KAED 847,010 · Nov 2022November 2022
504	Studio	451 sqft	AED 878KAED 877,512 · Sep 2022September 2022
505	1-bed	784 sqft	AED 1.31MAED 1,313,650 · Nov 2022November 2022
506	1-bed	723 sqft	AED 1.16MAED 1,158,574 · Nov 2022November 2022
507	1-bed	721 sqft	AED 1.16MAED 1,155,603 · Oct 2022October 2022
508	Studio	432 sqft	AED 860KAED 860,431 · Feb 2023February 2023
509		431 sqft	AED 1.05MAED 1,050,000 · Oct 2025October 2025
510	Studio	434 sqft	AED 863KAED 862,871 · Oct 2022October 2022	73,000 /yr
511	Studio	441 sqft	AED 875KAED 875,072 · Aug 2022August 2022	100,000 /yr
512		639 sqft	AED 1.4MAED 1,395,000 · Oct 2025October 2025	105,000 /yr
513	1-bed	660 sqft	AED 1.07MAED 1,074,241 · Dec 2022December 2022
514	1-bed	660 sqft	AED 1.22MAED 1,216,811 · Nov 2022November 2022
515	1-bed	660 sqft	AED 1.07MAED 1,070,248 · Oct 2022October 2022
516	1-bed	602 sqft	AED 1.28MAED 1,275,000 · Nov 2024November 2024
517	1-bed	767 sqft	AED 1.21MAED 1,214,025 · Aug 2022August 2022
518	1-bed	677 sqft	AED 1.29MAED 1,291,495 · Feb 2023February 2023
519	1-bed	659 sqft	AED 1.13MAED 1,127,000 · Oct 2024October 2024
520	1-bed	635 sqft	AED 1.4MAED 1,400,000 · Jun 2025June 2025

1–7 of 19

503, The Paragon By IGO in numbers

Sold 3 times: first on 3 January 2023 for AED 891,589, last on 25 June 2024 for AED 940,000 (AED 2,168 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 25 June 2024.

Questions about 503, The Paragon By IGO

What did unit 503 last sell for?

AED 940,000 on 25 June 2024: AED 2,168 per sqft for 434 sqft. The unit has 3 registered sales; the first was AED 891,589 in January 2023.

How big is unit 503?

434 sqft (40.3 sqm): a studio on the 5th floor of a 23-storey tower completed in 2024.

What is unit 503 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 503, The Paragon By IGO

Starts from the last sale price (AED 940K, 25 June 2024). Switch to today's estimate once you have unlocked it.

Price: AED 940,000
Deposit, UAE resident (20%): AED 188,000
Deposit, non-resident (40%): AED 376,000
Monthly over 25 years at 3.7%: AED 3,846

Plus AED 44,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →