Studio · 434 sqftThe Paragon By IGO, Business Bay · 3rd floor · completed 2024

309, The Paragon By IGO

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

Unit 309 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 769K2 September 2022
Current rentAED 57K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, The Paragon By IGO

What is 309 worth today?

Last sold for AED 768,727 in 2022

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10 Oct 2026RentedNew contract
AED 57,000/yr12 months · AED 132 per sqft
2 Sep 2022Sold by developerOff-plan
AED 768,727AED 1,772 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
3rd of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 769K · September 2022

About 309, The Paragon By IGO

309 is a studio of 434 sqft on the 3rd 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 2 September 2022 for AED 768,727, or AED 1,772 per sqft, 8% below the AED 1,919 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2026. The current contract, signed on 10 October 2026, is AED 57,000 a year: a gross yield of 7.4% on the 2022 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical studio in The Paragon By IGO
800K1M202220242026Typical sale price by year: 2022 AED 848,437; 2023 AED 947,474; 2024 AED 865,000; 2025 AED 1,000,000; 2026 AED 970,000Sold by developer, September 2022: AED 768,727 (AED 1,772 per sqft)

309 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 309, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000New contract, October 2026: AED 57,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Paragon By IGO, and where 309 sits

All 56 studios →

309 last sold in September 2022 at AED 1,772 per sqft, 8% below what studios in The Paragon By IGO were fetching at the time (AED 1,919). Over the last 12 months studios sold for AED 930,000 to 1,000,000, around AED 2,319 per sqft, and rent for AED 48,000 to 100,000 a year. 309's AED 57,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jul 2026930,000
30 Mar 2026970,000
27 Jan 2026990,000
27 Nov 20251,000,000
4 studio 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 3rd floor

All 324 units in The Paragon By IGO
Value
301StudioAED 759K · Aug 2022
302StudioAED 753K · Aug 2022
303StudioAED 815K · Aug 2023
304StudioAED 840K · Oct 2024
3051-bedAED 1.1M · Aug 2022
3061-bedAED 1.34M · Feb 2023
3071-bedAED 1.36M · Jan 2023
1–7 of 19

309, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 2 September 2022 for AED 768,727, or AED 1,772 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 7.4%.
  • Studios in The Paragon By IGO sold for AED 930,000–1,000,000 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 309, The Paragon By IGO

What did unit 309 last sell for?

AED 768,727 on 2 September 2022, sold by the developer: AED 1,772 per sqft for 434 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 57,000 a year on the contract signed on 10 October 2026.

How big is unit 309?

434 sqft (40.3 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2024.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Paragon By IGO sold for AED 930,000 to 1,000,000 in the last 12 months, around AED 2,319 per sqft.

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Mortgage on 309, The Paragon By IGO

Starts from the last sale price (AED 769K, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 768,727
Deposit, UAE resident (20%)
AED 153,745
Deposit, non-resident (40%)
AED 307,491
Monthly over 25 years at 3.7%
AED 3,145

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