1-bed · 932 sqftThe Paragon By IGO, Business Bay · 4th floor · completed 2024

407, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in June 2023, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 1.4M7 June 2023
Current rentAED 80K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, The Paragon By IGO

What is 407 worth today?

Last sold for AED 1,395,357 in 2023

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22 Aug 2026RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
7 Jun 2023Sold by developerOff-plan
AED 1,395,357AED 1,497 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
1-bed apartment
Size
932 sqft
Floor
4th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.4M · June 2023

About 407, The Paragon By IGO

407 is a one-bedroom apartment of 932 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 7 June 2023 for AED 1,395,357, or AED 1,497 per sqft, 6% below the AED 1,593 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 August 2026. The current contract, signed on 22 August 2026, is AED 80,000 a year: a gross yield of 5.7% on the 2023 price.

Sales and rents for 407 over time

Sales
Unit 407, 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, June 2023: AED 1,395,357 (AED 1,497 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in The Paragon By IGO
80K100K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000New contract, August 2026: AED 80,000 a year

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 407 sits

All 234 1-beds →

407 last sold in June 2023 at AED 1,497 per sqft, 6% below what one-beds in The Paragon By IGO were fetching at the time (AED 1,593). 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. 407's AED 80,000 is in the lower half of that range.

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
4061-bedAED 1.36M · Dec 2022
408StudioAED 930K · Jul 2026
1–7 of 19

407, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 7 June 2023 for AED 1,395,357, or AED 1,497 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 5.7%.
  • 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 22 August 2026.

Questions about 407, The Paragon By IGO

What did unit 407 last sell for?

AED 1,395,357 on 7 June 2023, sold by the developer: AED 1,497 per sqft for 932 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 80,000 a year on the contract signed on 22 August 2026.

How big is unit 407?

932 sqft (86.6 sqm): a one-bedroom apartment on the 4th floor of a 23-storey tower completed in 2024.

What is unit 407 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 407, The Paragon By IGO

Starts from the last sale price (AED 1.4M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,395,357
Deposit, UAE resident (20%)
AED 279,071
Deposit, non-resident (40%)
AED 558,143
Monthly over 25 years at 3.7%
AED 5,709

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