408, The Paragon By IGO
Sold prices and rental history: sold 3 times, last in July 2026, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, The Paragon By IGO
What is 408 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 423 sqft
- Floor
- 4th of 23
- Parking
- B4-103
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 930K · July 2026
- Building
- The Paragon By IGO
About 408, The Paragon By IGO
408 is a studio of 423 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 13 July 2026 for AED 930,000, or AED 2,197 per sqft, 7% below the AED 2,363 studios in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 5 September 2026, is AED 58,000 a year: a gross yield of 6.2% on the 2026 price.
Sales and rents for 408 over time
408 has sold 3 times; the dashed line is the studio median of each year in the building.
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 408 sits
All 56 studios →408 last sold in July 2026 at AED 2,197 per sqft, 7% below what studios in The Paragon By IGO were fetching at the time (AED 2,363). 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. 408's AED 58,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Mar 202630 March 2026 | 426 sqft | 970,000 | 2,275 | ||
| 27 Jan 202627 January 2026 | 408 sqft | 990,000 | 2,429 | ||
| 28 Oct 202528 October 2025 | 431 sqft | 1,050,000 | 2,438 | ||
| 20 Jan 202520 January 2025 | 434 sqft | 945,000 | 2,176 |
The Paragon By IGO
Building324 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%
Other units on the 4th floor
All 324 units in The Paragon By IGO| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 434 sqft | AED 980KAED 980,000 · Nov 2024November 2024 | ||
| 402 | Studio | 426 sqft | AED 970KAED 970,000 · Mar 2026March 2026 | ||
| 403 | Studio | 434 sqft | AED 900KAED 899,500 · Dec 2022December 2022 | 55,000 /yr | |
| 404 | Studio | 451 sqft | AED 941KAED 941,105 · Dec 2022December 2022 | ||
| 405 | 1-bed | 784 sqft | AED 1.4MAED 1,400,000 · Aug 2024August 2024 | ||
| 406 | 1-bed | 888 sqft | AED 1.36MAED 1,362,674 · Dec 2022December 2022 | ||
| 407 | 1-bed | 932 sqft | AED 1.4MAED 1,395,357 · Jun 2023June 2023 | 80,000 /yr | |
| 409 | Studio | 435 sqft | AED 993KAED 992,622 · Apr 2023April 2023 | ||
| 410 | Studio | 429 sqft | AED 922KAED 922,316 · Dec 2022December 2022 | 75,000 /yr | |
| 411 | Studio | 439 sqft | AED 938KAED 938,421 · Dec 2022December 2022 | 60,000 /yr | |
| 412 | 1-bed | 643 sqft | AED 1.17MAED 1,174,344 · Dec 2022December 2022 | 80,000 /yr | |
| 413 | 1-bed | 660 sqft | AED 1.15MAED 1,154,574 · Nov 2022November 2022 | 100,000 /yr | |
| 414 | 1-bed | 660 sqft | AED 1.13MAED 1,130,000 · Oct 2023October 2023 | ||
| 415 | 1-bed | 660 sqft | AED 1.15MAED 1,154,574 · Nov 2022November 2022 | ||
| 416 | 1-bed | 602 sqft | AED 1.13MAED 1,130,000 · Mar 2024March 2024 | 78,000 /yr | |
| 417 | 1-bed | 934 sqft | AED 1.37MAED 1,370,573 · Dec 2022December 2022 | ||
| 418 | 1-bed | 809 sqft | AED 1.5MAED 1,500,000 · Nov 2024November 2024 | ||
| 419 | 1-bed | 659 sqft | AED 1.16MAED 1,158,235 · Feb 2023February 2023 | ||
| 420 | 1-bed | 635 sqft | AED 1.5MAED 1,500,000 · Dec 2025December 2025 |
408, The Paragon By IGO in numbers
- Sold 3 times: first on 29 November 2022 for AED 968,033, last on 13 July 2026 for AED 930,000 (AED 2,197 per sqft).
- Rented since January 2026 on 2 Ejari contracts, from AED 77,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2026 price is 6.2%.
- 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 5 September 2026.
Questions about 408, The Paragon By IGO
What did unit 408 last sell for?
AED 930,000 on 13 July 2026: AED 2,197 per sqft for 423 sqft. The unit has 3 registered sales; the first was AED 968,033 in November 2022.
What is the rent for unit 408?
AED 58,000 a year on the contract signed on 5 September 2026. The previous contract, from January 2026, was AED 77,000.
How big is unit 408?
423 sqft (39.3 sqm): a studio on the 4th floor of a 23-storey tower completed in 2024.
What is unit 408 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 408, The Paragon By IGO
Starts from the last sale price (AED 930K, 13 July 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →