Studio · 451 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

504, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 17 December 2025
Last soldAED 878K8 September 2022
Current rentAED 75K /yr17 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, The Paragon By IGO

What is 504 worth today?

Last sold for AED 877,512 in 2022

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17 Dec 2025RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
8 Sep 2022Sold by developerOff-plan
AED 877,512AED 1,945 per sqft

Source: Dubai Land Department. Updated 17 December 2025.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
5th of 23
Parking
B4-93
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 878K · September 2022

About 504, The Paragon By IGO

504 is a studio of 451 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. The developer sold it on 8 September 2022 for AED 877,512, or AED 1,945 per sqft, in line with the AED 1,933 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2025. The current contract, signed on 17 December 2025, is AED 75,000 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 504 over time

Sales
Unit 504, 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 877,512 (AED 1,945 per sqft)

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

Rents
Unit 504, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000New contract, December 2025: AED 75,000 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 504 sits

All 56 studios →

504 last sold in September 2022 at AED 1,945 per sqft, in line with what studios in The Paragon By IGO were fetching at the time (AED 1,933). 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. 504's AED 75,000 is in the upper 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
503StudioAED 940K · Jun 2024
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

504, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 8 September 2022 for AED 877,512, or AED 1,945 per sqft.
  • Rented since December 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.6%.
  • 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 17 December 2025.

Questions about 504, The Paragon By IGO

What did unit 504 last sell for?

AED 877,512 on 8 September 2022, sold by the developer: AED 1,945 per sqft for 451 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 75,000 a year on the contract signed on 17 December 2025.

How big is unit 504?

451 sqft (41.9 sqm): a studio on the 5th floor of a 23-storey tower completed in 2024.

What is unit 504 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 504, The Paragon By IGO

Starts from the last sale price (AED 878K, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 877,512
Deposit, UAE resident (20%)
AED 175,502
Deposit, non-resident (40%)
AED 351,005
Monthly over 25 years at 3.7%
AED 3,590

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