1-bed · 889 sqftThe Paragon By IGO, Business Bay · 16th floor · completed 2024

1604, The Paragon By IGO

Sold prices and rental history: sold twice, last in November 2023, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 1.19M24 November 2023
Current rentAED 85K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, The Paragon By IGO

What is 1604 worth today?

Last sold for AED 1,189,194 in 2023

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31 Aug 2026RentedNew contract
AED 85,000/yr12 months · AED 98 per sqft
24 Nov 2023SoldOff-plan
AED 1,189,194AED 1,338 per sqft
8 Sep 2022Sold by developerOff-plan
AED 1,189,194AED 1,338 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
16th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.19M · November 2023

About 1604, The Paragon By IGO

1604 is a one-bedroom apartment of 889 sqft on the 16th 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 24 November 2023 for AED 1,189,194, or AED 1,338 per sqft, 18% below the AED 1,639 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 August 2026. The current contract, signed on 31 August 2026, is AED 85,000 a year: a gross yield of 7.1% on the 2023 price.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, September 2022: AED 1,189,194 (AED 1,338 per sqft)Sold, November 2023: AED 1,189,194 (AED 1,338 per sqft)

1604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, each contractTypical one-bed in The Paragon By IGO
90K100K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000New contract, August 2026: AED 85,000 a year

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 1604 sits

All 234 1-beds →

1604 last sold in November 2023 at AED 1,338 per sqft, 18% below what one-beds in The Paragon By IGO were fetching at the time (AED 1,639). 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. 1604's AED 85,000 is in the lower half of that range.

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 16th floor

All 324 units in The Paragon By IGO
Value
16011-bedAED 2.02M · Apr 2025
16021-bedAED 2.02M · Mar 2025
16031-bedAED 1.45M · Jul 2025
16051-bedAED 1.39M · Dec 2022
16061-bedAED 1.1M · Nov 2022
16071-bedAED 1.05M · Nov 2022
16081-bedAED 1.04M · Aug 2022
1–7 of 13

1604, The Paragon By IGO in numbers

  • Sold twice: first on 8 September 2022 for AED 1,189,194, last on 24 November 2023 for AED 1,189,194 (AED 1,338 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.1%.
  • 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 31 August 2026.

Questions about 1604, The Paragon By IGO

What did unit 1604 last sell for?

AED 1,189,194 on 24 November 2023: AED 1,338 per sqft for 889 sqft. The unit has 2 registered sales; the first was AED 1,189,194 in September 2022.

What is the rent for unit 1604?

AED 85,000 a year on the contract signed on 31 August 2026.

How big is unit 1604?

889 sqft (82.6 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2024.

What is unit 1604 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 1604, The Paragon By IGO

Starts from the last sale price (AED 1.19M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,189,194
Deposit, UAE resident (20%)
AED 237,839
Deposit, non-resident (40%)
AED 475,678
Monthly over 25 years at 3.7%
AED 4,865

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