1-bed · 661 sqftThe Paragon By IGO, Business Bay · 16th floor · completed 2024

1611, The Paragon By IGO

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

Unit 1611 · DLD and Ejari recordsUpdated 17 August 2022
Last soldAED 1.01M17 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1611, The Paragon By IGO

What is 1611 worth today?

Last sold for AED 1,009,779 in 2022

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17 Aug 2022Sold by developerOff-plan
AED 1,009,779AED 1,527 per sqft

Source: Dubai Land Department. Updated 17 August 2022.

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

About 1611, The Paragon By IGO

1611 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.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1611 over time

Sales
Unit 1611, 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, August 2022: AED 1,009,779 (AED 1,527 per sqft)

1611 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1611, 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 1611 sits

All 234 1-beds →

1611 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.

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
16071-bedAED 1.05M · Nov 2022
1–7 of 13

1611, 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.
  • 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 17 August 2022.

Questions about 1611, The Paragon By IGO

What did unit 1611 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.

How big is unit 1611?

661 sqft (61.4 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2024.

What is unit 1611 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 1611, 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 →