1-bed · 683 sqftThe Paragon By IGO, Business Bay · 15th floor · completed 2024

1506, The Paragon By IGO

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

Unit 1506 · DLD and Ejari recordsUpdated 21 November 2022
Last soldAED 1.07M21 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, The Paragon By IGO

What is 1506 worth today?

Last sold for AED 1,069,853 in 2022

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21 Nov 2022Sold by developerOff-plan
AED 1,069,853AED 1,565 per sqft

Source: Dubai Land Department. Updated 21 November 2022.

Key facts

Type
1-bed apartment
Size
683 sqft
Floor
15th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.07M · November 2022

About 1506, The Paragon By IGO

1506 is a one-bedroom apartment of 683 sqft on the 15th 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 21 November 2022 for AED 1,069,853, or AED 1,565 per sqft, in line with the AED 1,576 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in The Paragon By IGO
1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,144,265; 2023 AED 1,214,816; 2024 AED 1,240,000; 2025 AED 1,400,000; 2026 AED 1,415,000Sold by developer, November 2022: AED 1,069,853 (AED 1,565 per sqft)

1506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in The Paragon By IGO
90K100K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000

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

1-beds in The Paragon By IGO, and where 1506 sits

All 234 1-beds →

1506 last sold in November 2022 at AED 1,565 per sqft, in line with what one-beds in The Paragon By IGO were fetching at the time (AED 1,576). Over the last 12 months one-beds sold for AED 1,048,706 to 2,020,000, around AED 2,140 per sqft, and rent for AED 36,667 to 137,630 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Oct 20261,048,706
10 Jul 20261,250,000
8 Jul 20261,440,000
4 Jun 20261,285,000
22 1-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 15th floor

All 324 units in The Paragon By IGO
Value
15011-bedAED 1.02M · Apr 2023
15021-bedAED 1.08M · Sep 2022
15031-bedAED 1.1M · Oct 2022
15041-bedAED 1.25M · Aug 2023
15051-bedAED 1.19M · Sep 2022
15071-bedAED 1.45M · Oct 2025
15081-bedAED 1.02M · Nov 2022
1–7 of 13

1506, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 21 November 2022 for AED 1,069,853, or AED 1,565 per sqft.
  • One-beds in The Paragon By IGO sold for AED 1,048,706–2,020,000 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 21 November 2022.

Questions about 1506, The Paragon By IGO

What did unit 1506 last sell for?

AED 1,069,853 on 21 November 2022, sold by the developer: AED 1,565 per sqft for 683 sqft. It is the only registered sale of the unit.

How big is unit 1506?

683 sqft (63.5 sqm): a one-bedroom apartment on the 15th floor of a 23-storey tower completed in 2024.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Paragon By IGO sold for AED 1,048,706 to 2,020,000 in the last 12 months, around AED 2,140 per sqft.

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Mortgage on 1506, The Paragon By IGO

Starts from the last sale price (AED 1.07M, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,069,853
Deposit, UAE resident (20%)
AED 213,971
Deposit, non-resident (40%)
AED 427,941
Monthly over 25 years at 3.7%
AED 4,377

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