505, The Paragon By IGO
Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, The Paragon By IGO
What is 505 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 784 sqft
- Floor
- 5th of 23
- Parking
- 1
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.31M · November 2022
- Building
- The Paragon By IGO
About 505, The Paragon By IGO
505 is a one-bedroom apartment of 784 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 4 November 2022 for AED 1,313,650, or AED 1,675 per sqft, 7% above the AED 1,562 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 30 September 2026. The current contract, signed on 30 September 2026, is AED 95,000 a year: a gross yield of 7.2% on the 2022 price.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Paragon By IGO, and where 505 sits
All 234 1-beds →505 last sold in November 2022 at AED 1,675 per sqft, 7% above what one-beds in The Paragon By IGO were fetching at the time (AED 1,562). Over the last 12 months one-beds sold for AED 1,048,706 to 2,020,000, around AED 2,140 per sqft, and rent for AED 36,667 to 137,630 a year. 505's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Oct 202610 October 2026 | 655 sqft | 1,048,706 | 1,600 | ||
| 10 Jul 202610 July 2026 | 655 sqft | 1,250,000 | 1,908 | ||
| 8 Jul 20268 July 2026 | 862 sqft | 1,440,000 | 1,669 | ||
| 4 Jun 20264 June 2026 | 654 sqft | 1,285,000 | 1,965 |
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 5th floor
All 324 units in The Paragon By IGO| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 434 sqft | AED 945KAED 945,000 · Jan 2025January 2025 | ||
| 502 | Studio | 434 sqft | AED 847KAED 847,010 · Nov 2022November 2022 | 69,806 /yr | |
| 503 | Studio | 434 sqft | AED 940KAED 940,000 · Jun 2024June 2024 | 55,000 /yr | |
| 504 | Studio | 451 sqft | AED 878KAED 877,512 · Sep 2022September 2022 | 75,000 /yr | |
| 506 | 1-bed | 723 sqft | AED 1.16MAED 1,158,574 · Nov 2022November 2022 | ||
| 507 | 1-bed | 721 sqft | AED 1.16MAED 1,155,603 · Oct 2022October 2022 | ||
| 508 | Studio | 432 sqft | AED 860KAED 860,431 · Feb 2023February 2023 | ||
| 509 | Studio | 431 sqft | AED 1.05MAED 1,050,000 · Oct 2025October 2025 | 110,000 /yr | |
| 510 | Studio | 434 sqft | AED 863KAED 862,871 · Oct 2022October 2022 | 60,000 /yr | |
| 511 | Studio | 441 sqft | AED 875KAED 875,072 · Aug 2022August 2022 | 100,000 /yr | |
| 512 | 1-bed | 639 sqft | AED 1.4MAED 1,395,000 · Oct 2025October 2025 | 105,000 /yr | |
| 513 | 1-bed | 660 sqft | AED 1.07MAED 1,074,241 · Dec 2022December 2022 | 80,000 /yr | |
| 514 | 1-bed | 660 sqft | AED 1.22MAED 1,216,811 · Nov 2022November 2022 | 95,000 /yr | |
| 515 | 1-bed | 654 sqft | AED 1.49MAED 1,490,000 · Apr 2026April 2026 | 110,000 /yr | |
| 516 | 1-bed | 600 sqft | AED 1.38MAED 1,380,000 · Apr 2026April 2026 | ||
| 517 | 1-bed | 767 sqft | AED 1.21MAED 1,214,025 · Aug 2022August 2022 | 72,000 /yr | |
| 518 | 1-bed | 677 sqft | AED 1.29MAED 1,291,495 · Feb 2023February 2023 | 75,000 /yr | |
| 519 | 1-bed | 650 sqft | AED 1.34MAED 1,340,000 · Mar 2026March 2026 | ||
| 520 | 1-bed | 635 sqft | AED 1.4MAED 1,400,000 · Jun 2025June 2025 |
505, The Paragon By IGO in numbers
- Sold once: by IGO Real Estate Development on 4 November 2022 for AED 1,313,650, or AED 1,675 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 7.2%.
- One-beds in The Paragon By IGO sold for AED 1,048,706–2,020,000 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 30 September 2026.
Questions about 505, The Paragon By IGO
What did unit 505 last sell for?
AED 1,313,650 on 4 November 2022, sold by the developer: AED 1,675 per sqft for 784 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 95,000 a year on the contract signed on 30 September 2026.
How big is unit 505?
784 sqft (72.8 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower completed in 2024.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Paragon By IGO sold for AED 1,048,706 to 2,020,000 in the last 12 months, around AED 2,140 per sqft.
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Mortgage on 505, The Paragon By IGO
Starts from the last sale price (AED 1.31M, 4 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,313,650
- Deposit, UAE resident (20%)
- AED 262,730
- Deposit, non-resident (40%)
- AED 525,460
- Monthly over 25 years at 3.7%
- AED 5,375
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →