Studio · 434 sqftThe Paragon By IGO, Business Bay · 6th floor · completed 2024

602, 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 twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 8 May 2024

Last soldAED 850K8 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 602, The Paragon By IGO

Today

What is 602 worth today?

Last sold for AED 850,000 in 2024

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8 May 2024

8 May 2024SoldOff-plan

AED 850,000AED 1,960 per sqft

18 Aug 2022

18 Aug 2022Sold by developerOff-plan

AED 825,523AED 1,904 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2024.

Key facts

Type: Studio apartment
Size: 434 sqft
Floor: 6th of 23
Parking: 1
Developer: IGO Real Estate Development
Completed: 2024
Last sold: AED 850K · May 2024
Building: The Paragon By IGO

About 602, The Paragon By IGO

602 is a studio of 434 sqft on the 6th 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 8 May 2024 for AED 850,000, or AED 1,960 per sqft, 5% below the AED 2,056 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales

Unit 602, each saleTypical studio in The Paragon By IGO

602 has sold twice; the dashed line is the studio median of each year in the building.

Studios in The Paragon By IGO, and where 602 sits

All 54 studios →

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

602 last sold in May 2024 at AED 1,960 per sqft, 5% below what studios in The Paragon By IGO were fetching at the time (AED 2,056). 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 6th floor

All 324 units in The Paragon By IGO


601	Studio	434 sqft	AED 829KAED 829,000 · Sep 2022September 2022	72,000 /yr
603	Studio	434 sqft	AED 927KAED 927,000 · Jul 2023July 2023
604	Studio	448 sqft	AED 870KAED 870,000 · Jun 2023June 2023
605	1-bed	785 sqft	AED 1.21MAED 1,206,112 · Oct 2022October 2022
606	1-bed	862 sqft	AED 1.45MAED 1,450,000 · Jun 2025June 2025
607	1-bed	882 sqft	AED 1.22MAED 1,219,194 · Sep 2022September 2022
608	Studio	417 sqft	AED 915KAED 915,000 · Mar 2024March 2024	70,000 /yr
609	Studio	433 sqft	AED 970KAED 970,000 · Jun 2024June 2024	80,000 /yr
610	Studio	434 sqft	AED 845KAED 844,833 · Aug 2022August 2022
611	Studio	441 sqft	AED 852KAED 852,182 · Jul 2024July 2024	75,000 /yr
612	1-bed	643 sqft	AED 1.23MAED 1,231,455 · Dec 2022December 2022
613	1-bed	660 sqft	AED 1.1MAED 1,096,207 · Dec 2022December 2022	100,000 /yr
614	1-bed	660 sqft	AED 1.26MAED 1,256,000 · Jun 2023June 2023
615	1-bed	660 sqft	AED 1.21MAED 1,205,828 · Jan 2023January 2023
616	1-bed	658 sqft	AED 1.25MAED 1,246,099 · Dec 2022December 2022	100,000 /yr
617	1-bed	933 sqft	AED 1.19MAED 1,187,471 · Aug 2022August 2022
618	1-bed	804 sqft	AED 1.24MAED 1,244,644 · Oct 2022October 2022
619	1-bed	659 sqft	AED 1.25MAED 1,250,000 · Feb 2026February 2026
620	1-bed	638 sqft	AED 1.06MAED 1,064,923 · Jan 2025January 2025

1–7 of 19

602, The Paragon By IGO in numbers

Sold twice: first on 18 August 2022 for AED 825,523, last on 8 May 2024 for AED 850,000 (AED 1,960 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 May 2024.

Questions about 602, The Paragon By IGO

What did unit 602 last sell for?

AED 850,000 on 8 May 2024: AED 1,960 per sqft for 434 sqft. The unit has 2 registered sales; the first was AED 825,523 in August 2022.

How big is unit 602?

434 sqft (40.3 sqm): a studio on the 6th floor of a 23-storey tower completed in 2024.

What is unit 602 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 602, The Paragon By IGO

Starts from the last sale price (AED 850K, 8 May 2024). Switch to today's estimate once you have unlocked it.

Price: AED 850,000
Deposit, UAE resident (20%): AED 170,000
Deposit, non-resident (40%): AED 340,000
Monthly over 25 years at 3.7%: AED 3,478

Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →