Studio · 435 sqftThe Paragon By IGO, Business Bay · 4th floor · completed 2024

409, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 4 April 2023
Last soldAED 993K4 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, The Paragon By IGO

What is 409 worth today?

Last sold for AED 992,622 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Apr 2023Sold by developerOff-plan
AED 992,622AED 2,280 per sqft

Source: Dubai Land Department. Updated 4 April 2023.

Key facts

Type
Studio apartment
Size
435 sqft
Floor
4th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 993K · April 2023

About 409, The Paragon By IGO

409 is a studio of 435 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 4 April 2023 for AED 992,622, or AED 2,280 per sqft, 16% above the AED 1,972 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, 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, April 2023: AED 992,622 (AED 2,280 per sqft)

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

Rents
Unit 409, 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 409 sits

All 56 studios →

409 last sold in April 2023 at AED 2,280 per sqft, 16% above what studios in The Paragon By IGO were fetching at the time (AED 1,972). 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
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
4071-bedAED 1.4M · Jun 2023
1–7 of 19

409, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 4 April 2023 for AED 992,622, or AED 2,280 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 4 April 2023.

Questions about 409, The Paragon By IGO

What did unit 409 last sell for?

AED 992,622 on 4 April 2023, sold by the developer: AED 2,280 per sqft for 435 sqft. It is the only registered sale of the unit.

How big is unit 409?

435 sqft (40.4 sqm): a studio on the 4th floor of a 23-storey tower completed in 2024.

What is unit 409 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.

Selling 409? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 409, The Paragon By IGO

Starts from the last sale price (AED 993K, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 992,622
Deposit, UAE resident (20%)
AED 198,524
Deposit, non-resident (40%)
AED 397,049
Monthly over 25 years at 3.7%
AED 4,061

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