Studio · 434 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

501, The Paragon By IGO

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 945K20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, The Paragon By IGO

What is 501 worth today?

Last sold for AED 945,000 in 2025

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20 Jan 2025SoldOff-plan
AED 945,000AED 2,176 per sqft
20 Sep 2022Sold by developerOff-plan
AED 895,442AED 2,062 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
5th of 23
Parking
B4-87
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 945K · January 2025

About 501, The Paragon By IGO

501 is a studio of 434 sqft on the 5th 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 20 January 2025 for AED 945,000, or AED 2,176 per sqft, in line with the AED 2,120 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, September 2022: AED 895,442 (AED 2,062 per sqft)Sold, January 2025: AED 945,000 (AED 2,176 per sqft)

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

Rents
Unit 501, 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 501 sits

All 56 studios →

501 last sold in January 2025 at AED 2,176 per sqft, in line with what studios in The Paragon By IGO were fetching at the time (AED 2,120). 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 5th floor

All 324 units in The Paragon By IGO
Value
502StudioAED 847K · Nov 2022
503StudioAED 940K · Jun 2024
504StudioAED 878K · Sep 2022
5051-bedAED 1.31M · Nov 2022
5061-bedAED 1.16M · Nov 2022
5071-bedAED 1.16M · Oct 2022
508StudioAED 860K · Feb 2023
1–7 of 19

501, The Paragon By IGO in numbers

  • Sold twice: first on 20 September 2022 for AED 895,442, last on 20 January 2025 for AED 945,000 (AED 2,176 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 20 January 2025.

Questions about 501, The Paragon By IGO

What did unit 501 last sell for?

AED 945,000 on 20 January 2025: AED 2,176 per sqft for 434 sqft. The unit has 2 registered sales; the first was AED 895,442 in September 2022.

How big is unit 501?

434 sqft (40.3 sqm): a studio on the 5th floor of a 23-storey tower completed in 2024.

What is unit 501 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 501, The Paragon By IGO

Starts from the last sale price (AED 945K, 20 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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