Studio · 439 sqftThe Paragon By IGO, Business Bay · 3rd floor · completed 2024

311, The Paragon By IGO

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

Unit 311 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 780K31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, The Paragon By IGO

What is 311 worth today?

Last sold for AED 780,318 in 2022

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31 Oct 2022Sold by developerOff-plan
AED 780,318AED 1,775 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
Studio apartment
Size
439 sqft
Floor
3rd of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 780K · October 2022

About 311, The Paragon By IGO

311 is a studio of 439 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 31 October 2022 for AED 780,318, or AED 1,775 per sqft, 8% below the AED 1,932 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical studio in The Paragon By IGO
800K900K1M202220242026Typical 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, October 2022: AED 780,318 (AED 1,775 per sqft)

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

Rents
Unit 311, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000

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 311 sits

All 56 studios →

311 last sold in October 2022 at AED 1,775 per sqft, 8% below what studios in The Paragon By IGO were fetching at the time (AED 1,932). 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.

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

311, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 31 October 2022 for AED 780,318, or AED 1,775 per sqft.
  • 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 31 October 2022.

Questions about 311, The Paragon By IGO

What did unit 311 last sell for?

AED 780,318 on 31 October 2022, sold by the developer: AED 1,775 per sqft for 439 sqft. It is the only registered sale of the unit.

How big is unit 311?

439 sqft (40.8 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2024.

What is unit 311 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 311, The Paragon By IGO

Starts from the last sale price (AED 780K, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 780,318
Deposit, UAE resident (20%)
AED 156,064
Deposit, non-resident (40%)
AED 312,127
Monthly over 25 years at 3.7%
AED 3,193

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