508, The Paragon By IGO
Sold prices and rental history: sold once, by the developer in February 2023, 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 508, The Paragon By IGO
What is 508 worth today?
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Source: Dubai Land Department. Updated 2 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 432 sqft
- Floor
- 5th of 23
- Parking
- 1
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 860K · February 2023
- Building
- The Paragon By IGO
About 508, The Paragon By IGO
508 is a studio of 432 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 2 February 2023 for AED 860,431, or AED 1,989 per sqft, in line with the AED 1,960 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold once; the dashed line is the studio median of each year in the building.
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 508 sits
All 56 studios →508 last sold in February 2023 at AED 1,989 per sqft, in line with what studios in The Paragon By IGO were fetching at the time (AED 1,960). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 423 sqft | 930,000 | 2,197 | ||
| 30 Mar 202630 March 2026 | 426 sqft | 970,000 | 2,275 | ||
| 27 Jan 202627 January 2026 | 408 sqft | 990,000 | 2,429 | ||
| 27 Nov 202527 November 2025 | 423 sqft | 1,000,000 | 2,363 |
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 | |
| 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 | ||
| 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 |
508, The Paragon By IGO in numbers
- Sold once: by IGO Real Estate Development on 2 February 2023 for AED 860,431, or AED 1,989 per sqft.
- 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 2 February 2023.
Questions about 508, The Paragon By IGO
What did unit 508 last sell for?
AED 860,431 on 2 February 2023, sold by the developer: AED 1,989 per sqft for 432 sqft. It is the only registered sale of the unit.
How big is unit 508?
432 sqft (40.1 sqm): a studio on the 5th floor of a 23-storey tower completed in 2024.
What is unit 508 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 508, The Paragon By IGO
Starts from the last sale price (AED 860K, 2 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 860,431
- Deposit, UAE resident (20%)
- AED 172,086
- Deposit, non-resident (40%)
- AED 344,172
- Monthly over 25 years at 3.7%
- AED 3,520
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →