Studio · 441 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

511, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 13 November 2025
Last soldAED 875K25 August 2022
Current rentAED 100K /yr13 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, The Paragon By IGO

What is 511 worth today?

Last sold for AED 875,072 in 2022

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13 Nov 2025RentedNew contract
AED 100,000/yr12 months · AED 228 per sqft
25 Aug 2022Sold by developerOff-plan
AED 875,072AED 1,982 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2025.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
5th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 875K · August 2022

About 511, The Paragon By IGO

511 is a studio of 441 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 25 August 2022 for AED 875,072, or AED 1,982 per sqft, in line with the AED 1,940 studios in the building were fetching at the time.

One Ejari contract is registered, from 13 November 2025. The current contract, signed on 13 November 2025, is AED 100,000 a year: a gross yield of 11.4% on the 2022 price.

Sales and rents for 511 over time

Sales
Unit 511, 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, August 2022: AED 875,072 (AED 1,982 per sqft)

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

Studios in The Paragon By IGO, and where 511 sits

All 54 studios →

511 last sold in August 2022 at AED 1,982 per sqft, in line with what studios in The Paragon By IGO were fetching at the time (AED 1,940). 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 100,000 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. 17 sold in the last 12 months.

Typical price per sqft
AED 2,139 Up 8.0%
Typical sale
AED 1.43M
Typical rent
AED 105K /yr
Typical yield
6.5%
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
504StudioAED 878K · Sep 2022
5051-bedAED 1.31M · Nov 2022
5061-bedAED 1.16M · Nov 2022
5071-bedAED 1.16M · Oct 2022
1–7 of 19

511, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 25 August 2022 for AED 875,072, or AED 1,982 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 11.4%.
  • 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 2,139 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2025.

Questions about 511, The Paragon By IGO

What did unit 511 last sell for?

AED 875,072 on 25 August 2022, sold by the developer: AED 1,982 per sqft for 441 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 100,000 a year on the contract signed on 13 November 2025.

How big is unit 511?

441 sqft (41.0 sqm): a studio on the 5th floor of a 23-storey tower completed in 2024.

What is unit 511 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 511, The Paragon By IGO

Starts from the last sale price (AED 875K, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 875,072
Deposit, UAE resident (20%)
AED 175,014
Deposit, non-resident (40%)
AED 350,029
Monthly over 25 years at 3.7%
AED 3,580

Plus AED 41,763 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →