1-bed · 689 sqftThe Paragon By IGO, Business Bay · 16th floor · completed 2024

1607, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 1.05M6 November 2022
Current rentAED 120K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, The Paragon By IGO

What is 1607 worth today?

Last sold for AED 1,054,676 in 2022

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10 Oct 2026RentedRenewal
AED 120,000/yr12 months · AED 177 per sqft
10 Oct 2025RentedNew contract
AED 120,000/yr12 months · AED 177 per sqft
6 Nov 2022Sold by developerOff-plan
AED 1,054,676AED 1,531 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
16th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.05M · November 2022

About 1607, The Paragon By IGO

1607 is a one-bedroom apartment of 689 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 6 November 2022 for AED 1,054,676, or AED 1,531 per sqft, in line with the AED 1,561 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 120,000 a year: a gross yield of 11.4% on the 2022 price.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical one-bed in The Paragon By IGO
1M1.2M1.4M202220242026Typical 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 1,054,676 (AED 1,531 per sqft)

1607 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in The Paragon By IGO
80K100K120K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000New contract, October 2025: AED 120,000 a yearRenewal, October 2026: AED 120,000 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 1607 sits

All 234 1-beds →

1607 last sold in November 2022 at AED 1,531 per sqft, in line with what one-beds in The Paragon By IGO were fetching at the time (AED 1,561). 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. 1607's AED 120,000 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
16051-bedAED 1.39M · Dec 2022
16061-bedAED 1.1M · Nov 2022
16081-bedAED 1.04M · Aug 2022
1–7 of 13

1607, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 6 November 2022 for AED 1,054,676, or AED 1,531 per sqft.
  • Rented since October 2025 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 11.4%.
  • 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 10 October 2026.

Questions about 1607, The Paragon By IGO

What did unit 1607 last sell for?

AED 1,054,676 on 6 November 2022, sold by the developer: AED 1,531 per sqft for 689 sqft. It is the only registered sale of the unit.

What is the rent for unit 1607?

AED 120,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 120,000.

How big is unit 1607?

689 sqft (64.0 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2024.

What is unit 1607 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 1607, The Paragon By IGO

Starts from the last sale price (AED 1.05M, 6 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,054,676
Deposit, UAE resident (20%)
AED 210,935
Deposit, non-resident (40%)
AED 421,870
Monthly over 25 years at 3.7%
AED 4,315

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