Studio · 434 sqftThe Paragon By IGO, Business Bay · 4th floor · completed 2024

401, The Paragon By IGO

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 980K15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Paragon By IGO

What is 401 worth today?

Last sold for AED 980,000 in 2024

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15 Nov 2024SoldOff-plan
AED 980,000AED 2,256 per sqft
18 Jan 2023Sold by developerOff-plan
AED 906,211AED 2,086 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
4th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 980K · November 2024

About 401, The Paragon By IGO

401 is a studio of 434 sqft on the 4th floor of The Paragon By IGO, a 23-storey tower in Business Bay completed in 2024 by IGO Real Estate Development. It last sold on 15 November 2024 for AED 980,000, or AED 2,256 per sqft, 9% above the AED 2,064 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical studio in The Paragon By IGO
900K1M202220242026Typical 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, January 2023: AED 906,211 (AED 2,086 per sqft)Sold, November 2024: AED 980,000 (AED 2,256 per sqft)

401 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 401, 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 401 sits

All 56 studios →

401 last sold in November 2024 at AED 2,256 per sqft, 9% above what studios in The Paragon By IGO were fetching at the time (AED 2,064). 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 4th floor

All 324 units in The Paragon By IGO
Value
402StudioAED 970K · Mar 2026
403StudioAED 900K · Dec 2022
404StudioAED 941K · Dec 2022
4051-bedAED 1.4M · Aug 2024
4061-bedAED 1.36M · Dec 2022
4071-bedAED 1.4M · Jun 2023
408StudioAED 930K · Jul 2026
1–7 of 19

401, The Paragon By IGO in numbers

  • Sold twice: first on 18 January 2023 for AED 906,211, last on 15 November 2024 for AED 980,000 (AED 2,256 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 15 November 2024.

Questions about 401, The Paragon By IGO

What did unit 401 last sell for?

AED 980,000 on 15 November 2024: AED 2,256 per sqft for 434 sqft. The unit has 2 registered sales; the first was AED 906,211 in January 2023.

How big is unit 401?

434 sqft (40.3 sqm): a studio on the 4th floor of a 23-storey tower completed in 2024.

What is unit 401 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 401, The Paragon By IGO

Starts from the last sale price (AED 980K, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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