Studio · 434 sqftThe Paragon By IGO, Business Bay · 7th floor · completed 2024

702, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 24 January 2023
Last soldAED 977K24 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, The Paragon By IGO

What is 702 worth today?

Last sold for AED 977,342 in 2023

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24 Jan 2023Sold by developerOff-plan
AED 977,342AED 2,254 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2023.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
7th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 977K · January 2023

About 702, The Paragon By IGO

702 is a studio of 434 sqft on the 7th 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 24 January 2023 for AED 977,342, or AED 2,254 per sqft, 15% above the AED 1,953 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in The Paragon By IGO
900K1M2022202320242025Typical sale price by year: 2022 AED 845,922; 2023 AED 947,474; 2024 AED 865,000Sold by developer, January 2023: AED 977,342 (AED 2,254 per sqft)

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

Studios in The Paragon By IGO, and where 702 sits

All 54 studios →

702 last sold in January 2023 at AED 2,254 per sqft, 15% above what studios in The Paragon By IGO were fetching at the time (AED 1,953). 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 7th floor

All 324 units in The Paragon By IGO
Value
701StudioAED 981K · Jun 2023
703StudioAED 977K · Dec 2022
704StudioAED 1.01M · Jan 2023
7051-bedAED 1.4M · Feb 2025
7061-bedAED 1.43M · Nov 2022
7071-bedAED 1.57M · Mar 2023
708StudioAED 835K · Jan 2024
1–7 of 19

702, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 24 January 2023 for AED 977,342, or AED 2,254 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 24 January 2023.

Questions about 702, The Paragon By IGO

What did unit 702 last sell for?

AED 977,342 on 24 January 2023, sold by the developer: AED 2,254 per sqft for 434 sqft. It is the only registered sale of the unit.

How big is unit 702?

434 sqft (40.3 sqm): a studio on the 7th floor of a 23-storey tower completed in 2024.

What is unit 702 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 702, The Paragon By IGO

Starts from the last sale price (AED 977K, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 977,342
Deposit, UAE resident (20%)
AED 195,468
Deposit, non-resident (40%)
AED 390,937
Monthly over 25 years at 3.7%
AED 3,999

Plus AED 46,059 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →