2-bed · 1,448 sqftThe Paragon By IGO, Business Bay · 12th floor · completed 2024

1212, The Paragon By IGO

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

Unit 1212 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 1.74M23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, The Paragon By IGO

What is 1212 worth today?

Last sold for AED 1,737,357 in 2023

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23 Jun 2023Sold by developerOff-plan
AED 1,737,357AED 1,176 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
12th of 23
Parking
B1-60, B1-61
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.74M · June 2023

About 1212, The Paragon By IGO

1212 is a two-bedroom apartment of 1,448 sqft on the 12th 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 23 June 2023 for AED 1,737,357, or AED 1,176 per sqft, 15% below the AED 1,379 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1212 over time

Sales
Unit 1212, each saleTypical two-bed in The Paragon By IGO
1.75M2M2.25M20222023202420252026Typical sale price by year: 2022 AED 1,843,333; 2023 AED 1,997,583; 2025 AED 2,200,000Sold by developer, June 2023: AED 1,737,357 (AED 1,176 per sqft)

1212 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1212, each contractTypical two-bed in The Paragon By IGO
100K125K150K2024202520262027Typical rent by year: 2024 AED 96,000; 2025 AED 130,000; 2026 AED 150,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Paragon By IGO, and where 1212 sits

All 28 2-beds →

1212 last sold in June 2023 at AED 1,176 per sqft, 15% below what two-beds in The Paragon By IGO were fetching at the time (AED 1,379). Over the last 12 months two-beds sold for AED 2,150,000 to 2,700,000, around AED 1,776 per sqft, and rent for AED 115,210 to 180,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 20262,700,000
16 Apr 20262,270,000
18 Dec 20252,200,000
14 Nov 20252,150,000
4 2-bed 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. 32 sold in the last 12 months.

Typical price per sqft
AED 2,127 Up 8.4%
Typical sale
AED 1.42M
Typical rent
AED 85K /yr
Typical yield
6.0%
The Paragon By IGO, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 324 units in The Paragon By IGO
Value
12011-bedAED 1.16M · Sep 2022
12021-bedAED 1.14M · Aug 2022
12031-bedAED 1.5M · Jul 2025
12041-bedAED 1.21M · Mar 2023
12051-bedAED 1.67M · Mar 2024
12061-bedAED 1.19M · Oct 2022
12071-bedAED 1.15M · Nov 2022
1–7 of 13

1212, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 23 June 2023 for AED 1,737,357, or AED 1,176 per sqft.
  • Two-beds in The Paragon By IGO sold for AED 2,150,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,127 per sqft.

Source: Dubai Land Department. Updated 23 June 2023.

Questions about 1212, The Paragon By IGO

What did unit 1212 last sell for?

AED 1,737,357 on 23 June 2023, sold by the developer: AED 1,176 per sqft for 1,448 sqft. It is the only registered sale of the unit.

How big is unit 1212?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 12th floor of a 23-storey tower completed in 2024.

What is unit 1212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Paragon By IGO sold for AED 2,150,000 to 2,700,000 in the last 12 months, around AED 1,776 per sqft.

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Mortgage on 1212, The Paragon By IGO

Starts from the last sale price (AED 1.74M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,737,357
Deposit, UAE resident (20%)
AED 347,471
Deposit, non-resident (40%)
AED 694,943
Monthly over 25 years at 3.7%
AED 7,108

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →