Studio · 431 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

509, The Paragon By IGO

Sold prices and rental history: sold twice, last in October 2025, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 1.05M28 October 2025
Current rentAED 110K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, The Paragon By IGO

What is 509 worth today?

Last sold for AED 1,050,000 in 2025

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28 Oct 2025SoldReady
AED 1,050,000AED 2,438 per sqft
28 Oct 2025RentedNew contract
AED 110,000/yr12 months · AED 255 per sqft
8 Sep 2022Sold by developerOff-plan
AED 865,311AED 1,988 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
5th of 23
Parking
B4-49
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.05M · October 2025

About 509, The Paragon By IGO

509 is a studio of 431 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. It last sold on 28 October 2025 for AED 1,050,000, or AED 2,438 per sqft, 8% above the AED 2,256 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 October 2025. The current contract, signed on 28 October 2025, is AED 110,000 a year: a gross yield of 10.5% on the 2025 price.

Sales and rents for 509 over time

Sales
Unit 509, 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 865,311 (AED 1,988 per sqft)Sold, October 2025: AED 1,050,000 (AED 2,438 per sqft)

509 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 509, each contractTypical studio in The Paragon By IGO
75K100K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000New contract, October 2025: AED 110,000 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 509 sits

All 56 studios →

509 last sold in October 2025 at AED 2,438 per sqft, 8% above what studios in The Paragon By IGO were fetching at the time (AED 2,256). 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. 509's AED 110,000 is at the top 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
504StudioAED 878K · Sep 2022
5051-bedAED 1.31M · Nov 2022
5061-bedAED 1.16M · Nov 2022
5071-bedAED 1.16M · Oct 2022
1–7 of 19

509, The Paragon By IGO in numbers

  • Sold twice: first on 8 September 2022 for AED 865,311, last on 28 October 2025 for AED 1,050,000 (AED 2,438 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2025 price is 10.5%.
  • 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 28 October 2025.

Questions about 509, The Paragon By IGO

What did unit 509 last sell for?

AED 1,050,000 on 28 October 2025: AED 2,438 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 865,311 in September 2022.

What is the rent for unit 509?

AED 110,000 a year on the contract signed on 28 October 2025.

How big is unit 509?

431 sqft (40.0 sqm): a studio on the 5th floor of a 23-storey tower completed in 2024.

What is unit 509 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 509, The Paragon By IGO

Starts from the last sale price (AED 1.05M, 28 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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