1-bed · 888 sqftThe Paragon By IGO, Business Bay · 4th floor · completed 2024

406, The Paragon By IGO

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

Unit 406 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 1.36M8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, The Paragon By IGO

What is 406 worth today?

Last sold for AED 1,362,674 in 2022

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8 Dec 2022Sold by developerOff-plan
AED 1,362,674AED 1,534 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
4th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.36M · December 2022

About 406, The Paragon By IGO

406 is a one-bedroom apartment of 888 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. The developer sold it on 8 December 2022 for AED 1,362,674, or AED 1,534 per sqft, in line with the AED 1,576 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in The Paragon By IGO
1.2M1.4M202220242026Typical 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, December 2022: AED 1,362,674 (AED 1,534 per sqft)

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

Rents
Unit 406, 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 406 sits

All 234 1-beds →

406 last sold in December 2022 at AED 1,534 per sqft, in line with what one-beds in The Paragon By IGO were fetching at the time (AED 1,576). 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 4th floor

All 324 units in The Paragon By IGO
Value
401StudioAED 980K · Nov 2024
402StudioAED 970K · Mar 2026
403StudioAED 900K · Dec 2022
404StudioAED 941K · Dec 2022
4051-bedAED 1.4M · Aug 2024
4071-bedAED 1.4M · Jun 2023
408StudioAED 930K · Jul 2026
1–7 of 19

406, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 8 December 2022 for AED 1,362,674, or AED 1,534 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 8 December 2022.

Questions about 406, The Paragon By IGO

What did unit 406 last sell for?

AED 1,362,674 on 8 December 2022, sold by the developer: AED 1,534 per sqft for 888 sqft. It is the only registered sale of the unit.

How big is unit 406?

888 sqft (82.5 sqm): a one-bedroom apartment on the 4th floor of a 23-storey tower completed in 2024.

What is unit 406 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 406, The Paragon By IGO

Starts from the last sale price (AED 1.36M, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,362,674
Deposit, UAE resident (20%)
AED 272,535
Deposit, non-resident (40%)
AED 545,070
Monthly over 25 years at 3.7%
AED 5,575

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