1-bed · 721 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

507, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 1.16M27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, The Paragon By IGO

What is 507 worth today?

Last sold for AED 1,155,603 in 2022

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27 Oct 2022Sold by developerOff-plan
AED 1,155,603AED 1,603 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
5th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.16M · October 2022

About 507, The Paragon By IGO

507 is a one-bedroom apartment of 721 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 27 October 2022 for AED 1,155,603, or AED 1,603 per sqft, 4% above the AED 1,534 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in The Paragon By IGO
1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,144,265; 2023 AED 1,214,816; 2024 AED 1,240,000; 2025 AED 1,400,000; 2026 AED 1,415,000Sold by developer, October 2022: AED 1,155,603 (AED 1,603 per sqft)

507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in The Paragon By IGO
90K100K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000

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 507 sits

All 234 1-beds →

507 last sold in October 2022 at AED 1,603 per sqft, 4% above what one-beds in The Paragon By IGO were fetching at the time (AED 1,534). 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 salesUnit no.Price (AED)Summary
10 Oct 20261,048,706
10 Jul 20261,250,000
8 Jul 20261,440,000
4 Jun 20261,285,000
22 1-bed 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
504StudioAED 878K · Sep 2022
5051-bedAED 1.31M · Nov 2022
5061-bedAED 1.16M · Nov 2022
508StudioAED 860K · Feb 2023
1–7 of 19

507, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 27 October 2022 for AED 1,155,603, or AED 1,603 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 27 October 2022.

Questions about 507, The Paragon By IGO

What did unit 507 last sell for?

AED 1,155,603 on 27 October 2022, sold by the developer: AED 1,603 per sqft for 721 sqft. It is the only registered sale of the unit.

How big is unit 507?

721 sqft (67.0 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower completed in 2024.

What is unit 507 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 507, The Paragon By IGO

Starts from the last sale price (AED 1.16M, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,155,603
Deposit, UAE resident (20%)
AED 231,121
Deposit, non-resident (40%)
AED 462,241
Monthly over 25 years at 3.7%
AED 4,728

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