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

503, The Paragon By IGO

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 940K25 June 2024
Current rentAED 55K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, The Paragon By IGO

What is 503 worth today?

Last sold for AED 940,000 in 2024

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5 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
25 Jun 2024SoldOff-plan
AED 940,000AED 2,168 per sqft
29 Nov 2023SoldOff-plan
AED 891,589AED 2,056 per sqft
3 Jan 2023Sold by developerOff-plan
AED 891,589AED 2,056 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
5th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 940K · June 2024

About 503, The Paragon By IGO

503 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 25 June 2024 for AED 940,000, or AED 2,168 per sqft, 5% above the AED 2,072 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 July 2026. The current contract, signed on 5 July 2026, is AED 55,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 503 over time

Sales
Unit 503, 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, January 2023: AED 891,589 (AED 2,056 per sqft)Sold, November 2023: AED 891,589 (AED 2,056 per sqft)Sold, June 2024: AED 940,000 (AED 2,168 per sqft)

503 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000New contract, July 2026: AED 55,000 a year

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 503 sits

All 56 studios →

503 last sold in June 2024 at AED 2,168 per sqft, 5% above what studios in The Paragon By IGO were fetching at the time (AED 2,072). 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. 503's AED 55,000 is in the lower half of that range.

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
501StudioAED 945K · Jan 2025
502StudioAED 847K · Nov 2022
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

503, The Paragon By IGO in numbers

  • Sold 3 times: first on 3 January 2023 for AED 891,589, last on 25 June 2024 for AED 940,000 (AED 2,168 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 July 2026.

Questions about 503, The Paragon By IGO

What did unit 503 last sell for?

AED 940,000 on 25 June 2024: AED 2,168 per sqft for 434 sqft. The unit has 3 registered sales; the first was AED 891,589 in January 2023.

What is the rent for unit 503?

AED 55,000 a year on the contract signed on 5 July 2026.

How big is unit 503?

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

What is unit 503 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 503, The Paragon By IGO

Starts from the last sale price (AED 940K, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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