1-bed · 929 sqftThe Paragon By IGO, Business Bay · 16th floor · completed 2024

1605, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in December 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 1.39M12 December 2022
Current rentAED 95K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, The Paragon By IGO

What is 1605 worth today?

Last sold for AED 1,392,835 in 2022

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25 Sep 2026RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
12 Dec 2022Sold by developerOff-plan
AED 1,392,835AED 1,500 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
16th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.39M · December 2022

About 1605, The Paragon By IGO

1605 is a one-bedroom apartment of 929 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. The developer sold it on 12 December 2022 for AED 1,392,835, or AED 1,500 per sqft, 5% below the AED 1,578 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2026. The current contract, signed on 25 September 2026, is AED 95,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, December 2022: AED 1,392,835 (AED 1,500 per sqft)

1605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in The Paragon By IGO
90K100K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000New contract, September 2026: AED 95,000 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 1605 sits

All 234 1-beds →

1605 last sold in December 2022 at AED 1,500 per sqft, 5% below what one-beds in The Paragon By IGO were fetching at the time (AED 1,578). 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. 1605's AED 95,000 is in the upper 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
16041-bedAED 1.19M · Nov 2023
16061-bedAED 1.1M · Nov 2022
16071-bedAED 1.05M · Nov 2022
16081-bedAED 1.04M · Aug 2022
1–7 of 13

1605, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 12 December 2022 for AED 1,392,835, or AED 1,500 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 6.8%.
  • 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 25 September 2026.

Questions about 1605, The Paragon By IGO

What did unit 1605 last sell for?

AED 1,392,835 on 12 December 2022, sold by the developer: AED 1,500 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 95,000 a year on the contract signed on 25 September 2026.

How big is unit 1605?

929 sqft (86.3 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2024.

What is unit 1605 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 1605, The Paragon By IGO

Starts from the last sale price (AED 1.39M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,392,835
Deposit, UAE resident (20%)
AED 278,567
Deposit, non-resident (40%)
AED 557,134
Monthly over 25 years at 3.7%
AED 5,699

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