Studio · 451 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

504, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 878K8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, The Paragon By IGO

What is 504 worth today?

Last sold for AED 877,512 in 2022

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8 Sep 2022Sold by developerOff-plan
AED 877,512AED 1,945 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2022.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
5th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 878K · September 2022

About 504, The Paragon By IGO

504 is a studio of 451 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. The developer sold it on 8 September 2022 for AED 877,512, or AED 1,945 per sqft, in line with the AED 1,932 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical studio in The Paragon By IGO
850K900K950K2022202320242025Typical sale price by year: 2022 AED 845,922; 2023 AED 947,474; 2024 AED 865,000Sold by developer, September 2022: AED 877,512 (AED 1,945 per sqft)

504 has sold once; the dashed line is the studio median of each year in the building.

Studios in The Paragon By IGO, and where 504 sits

All 54 studios →

504 last sold in September 2022 at AED 1,945 per sqft, in line with what studios in The Paragon By IGO were fetching at the time (AED 1,932). 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 salesUnit no.Price (AED)Summary
27 Jan 2026990,000
20 Jan 2025945,000
15 Nov 2024980,000
14 Oct 2024840,000
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
Value
501StudioAED 945K · Jan 2025
502StudioAED 847K · Nov 2022
503StudioAED 940K · Jun 2024
5051-bedAED 1.31M · Nov 2022
5061-bedAED 1.16M · Nov 2022
5071-bedAED 1.16M · Oct 2022
508StudioAED 860K · Feb 2023
1–7 of 19

504, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 8 September 2022 for AED 877,512, or AED 1,945 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 8 September 2022.

Questions about 504, The Paragon By IGO

What did unit 504 last sell for?

AED 877,512 on 8 September 2022, sold by the developer: AED 1,945 per sqft for 451 sqft. It is the only registered sale of the unit.

How big is unit 504?

451 sqft (41.9 sqm): a studio on the 5th floor of a 23-storey tower completed in 2024.

What is unit 504 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 504, The Paragon By IGO

Starts from the last sale price (AED 878K, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 877,512
Deposit, UAE resident (20%)
AED 175,502
Deposit, non-resident (40%)
AED 351,005
Monthly over 25 years at 3.7%
AED 3,590

Plus AED 41,865 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →