1612, The Paragon By IGO
Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, The Paragon By IGO
What is 1612 worth today?
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Source: Dubai Land Department. Updated 26 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,482 sqft
- Floor
- 16th of 23
- Parking
- 1
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.84M · October 2022
- Building
- The Paragon By IGO
About 1612, The Paragon By IGO
1612 is a two-bedroom apartment of 1,482 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 11 October 2022 for AED 1,843,333, or AED 1,243 per sqft, 4% above the AED 1,196 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 26 December 2025. The current contract, signed on 26 December 2025, is AED 150,000 a year: a gross yield of 8.1% on the 2022 price.
Sales and rents for 1612 over time
1612 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Paragon By IGO, and where 1612 sits
All 28 2-beds →1612 last sold in October 2022 at AED 1,243 per sqft, 4% above what two-beds in The Paragon By IGO were fetching at the time (AED 1,196). Over the last 12 months two-beds sold for AED 2,150,000 to 2,700,000, around AED 1,776 per sqft, and rent for AED 115,210 to 180,000 a year. 1612's AED 150,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202616 June 2026 | 1,512 sqft | 2,700,000 | 1,785 | ||
| 16 Apr 202616 April 2026 | 1,272 sqft | 2,270,000 | 1,784 | ||
| 18 Dec 202518 December 2025 | 1,272 sqft | 2,200,000 | 1,729 | ||
| 14 Nov 202514 November 2025 | 1,216 sqft | 2,150,000 | 1,768 |
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 | ||
| 1609 | 1-bed | 661 sqft | AED 1.01MAED 1,009,779 · Aug 2022August 2022 | 75,000 /yr | |
| 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 | ||
| 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 |
1612, The Paragon By IGO in numbers
- Sold once: by IGO Real Estate Development on 11 October 2022 for AED 1,843,333, or AED 1,243 per sqft.
- Rented since December 2025 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 8.1%.
- Two-beds in The Paragon By IGO sold for AED 2,150,000–2,700,000 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 26 December 2025.
Questions about 1612, The Paragon By IGO
What did unit 1612 last sell for?
AED 1,843,333 on 11 October 2022, sold by the developer: AED 1,243 per sqft for 1,482 sqft. It is the only registered sale of the unit.
What is the rent for unit 1612?
AED 150,000 a year on the contract signed on 26 December 2025.
How big is unit 1612?
1,482 sqft (137.7 sqm): a two-bedroom apartment on the 16th floor of a 23-storey tower completed in 2024.
What is unit 1612 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Paragon By IGO sold for AED 2,150,000 to 2,700,000 in the last 12 months, around AED 1,776 per sqft.
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Mortgage on 1612, The Paragon By IGO
Starts from the last sale price (AED 1.84M, 11 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,843,333
- Deposit, UAE resident (20%)
- AED 368,667
- Deposit, non-resident (40%)
- AED 737,333
- Monthly over 25 years at 3.7%
- AED 7,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →