1609, The Paragon By IGO
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, The Paragon By IGO
What is 1609 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 661 sqft
- Floor
- 16th of 23
- Parking
- 1
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.01M · August 2022
- Building
- The Paragon By IGO
About 1609, The Paragon By IGO
1609 is a one-bedroom apartment of 661 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 17 August 2022 for AED 1,009,779, or AED 1,527 per sqft, in line with the AED 1,490 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 August 2026, is AED 75,000 a year: a gross yield of 7.4% on the 2022 price.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the one-bed median of each year in the building.
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 1609 sits
All 234 1-beds →1609 last sold in August 2022 at AED 1,527 per sqft, in line with what one-beds in The Paragon By IGO were fetching at the time (AED 1,490). 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. 1609's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Oct 202610 October 2026 | 655 sqft | 1,048,706 | 1,600 | ||
| 10 Jul 202610 July 2026 | 655 sqft | 1,250,000 | 1,908 | ||
| 8 Jul 20268 July 2026 | 862 sqft | 1,440,000 | 1,669 | ||
| 4 Jun 20264 June 2026 | 654 sqft | 1,285,000 | 1,965 |
The Paragon By IGO
Building324 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%
Other units on the 16th floor
All 324 units in The Paragon By IGO| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 747 sqft | AED 2.02MAED 2,020,000 · Apr 2025April 2025 | 105,000 /yr | |
| 1602 | 1-bed | 758 sqft | AED 2.02MAED 2,020,000 · Mar 2025March 2025 | ||
| 1603 | 1-bed | 770 sqft | AED 1.45MAED 1,450,000 · Jul 2025July 2025 | ||
| 1604 | 1-bed | 889 sqft | AED 1.19MAED 1,189,194 · Nov 2023November 2023 | 85,000 /yr | |
| 1605 | 1-bed | 929 sqft | AED 1.39MAED 1,392,835 · Dec 2022December 2022 | 95,000 /yr | |
| 1606 | 1-bed | 683 sqft | AED 1.1MAED 1,095,147 · Nov 2022November 2022 | 80,000 /yr | |
| 1607 | 1-bed | 689 sqft | AED 1.05MAED 1,054,676 · Nov 2022November 2022 | 120,000 /yr | |
| 1608 | 1-bed | 643 sqft | AED 1.04MAED 1,044,559 · Aug 2022August 2022 | ||
| 1610 | 1-bed | 661 sqft | AED 1.22MAED 1,222,669 · Dec 2022December 2022 | 75,000 /yr | |
| 1611 | 1-bed | 661 sqft | AED 1.01MAED 1,009,779 · Aug 2022August 2022 | ||
| 1612 | 2-bed | 1,482 sqft | AED 1.84MAED 1,843,333 · Oct 2022October 2022 | 150,000 /yr | |
| 1613 | 2-bed | 1,602 sqft | AED 1.82MAED 1,815,926 · Aug 2022August 2022 | ||
| 1614 | 1-bed | 640 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 |
1609, The Paragon By IGO in numbers
- Sold once: by IGO Real Estate Development on 17 August 2022 for AED 1,009,779, or AED 1,527 per sqft.
- Rented since September 2025 on 2 Ejari contracts, from AED 90,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 7.4%.
- 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 20 August 2026.
Questions about 1609, The Paragon By IGO
What did unit 1609 last sell for?
AED 1,009,779 on 17 August 2022, sold by the developer: AED 1,527 per sqft for 661 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 75,000 a year on the contract signed on 20 August 2026. The previous contract, from September 2025, was AED 90,000.
How big is unit 1609?
661 sqft (61.4 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2024.
What is unit 1609 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 1609, The Paragon By IGO
Starts from the last sale price (AED 1.01M, 17 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,009,779
- Deposit, UAE resident (20%)
- AED 201,956
- Deposit, non-resident (40%)
- AED 403,912
- Monthly over 25 years at 3.7%
- AED 4,131
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →