506, The Paragon By IGO
Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, The Paragon By IGO
What is 506 worth today?
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Source: Dubai Land Department. Updated 14 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 723 sqft
- Floor
- 5th of 23
- Parking
- 1
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.16M · November 2022
- Building
- The Paragon By IGO
About 506, The Paragon By IGO
506 is a one-bedroom apartment of 723 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 14 November 2022 for AED 1,158,574, or AED 1,601 per sqft, in line with the AED 1,566 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 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 506 sits
All 234 1-beds →506 last sold in November 2022 at AED 1,601 per sqft, in line with what one-beds in The Paragon By IGO were fetching at the time (AED 1,566). 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.
| 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 | |
| 505 | 1-bed | 784 sqft | AED 1.31MAED 1,313,650 · Nov 2022November 2022 | 95,000 /yr | |
| 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 |
506, The Paragon By IGO in numbers
- Sold once: by IGO Real Estate Development on 14 November 2022 for AED 1,158,574, or AED 1,601 per sqft.
- 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 14 November 2022.
Questions about 506, The Paragon By IGO
What did unit 506 last sell for?
AED 1,158,574 on 14 November 2022, sold by the developer: AED 1,601 per sqft for 723 sqft. It is the only registered sale of the unit.
How big is unit 506?
723 sqft (67.2 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower completed in 2024.
What is unit 506 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 506, The Paragon By IGO
Starts from the last sale price (AED 1.16M, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,158,574
- Deposit, UAE resident (20%)
- AED 231,715
- Deposit, non-resident (40%)
- AED 463,430
- Monthly over 25 years at 3.7%
- AED 4,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →