1-bed · 600 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

516, The Paragon By IGO

Sold prices and rental history: sold 3 times, last in April 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 28 April 2026
Last soldAED 1.38M28 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, The Paragon By IGO

What is 516 worth today?

Last sold for AED 1,380,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Apr 2026SoldReady
AED 1,380,000AED 2,301 per sqft
6 Nov 2024SoldOff-plan
AED 1,275,000AED 2,117 per sqft
6 Oct 2022Sold by developerOff-plan
AED 1,039,628AED 1,726 per sqft

Source: Dubai Land Department. Updated 28 April 2026.

Key facts

Type
1-bed apartment
Size
600 sqft
Floor
5th of 23
Parking
B3-32
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.38M · April 2026

About 516, The Paragon By IGO

516 is a one-bedroom apartment of 600 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 April 2026 for AED 1,380,000, or AED 2,301 per sqft, 9% above the AED 2,108 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in The Paragon By IGO
1M1.2M1.4M202220242026Typical 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 1,039,628 (AED 1,726 per sqft)Sold, November 2024: AED 1,275,000 (AED 2,117 per sqft)Sold, April 2026: AED 1,380,000 (AED 2,301 per sqft)

516 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 516, 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 516 sits

All 234 1-beds →

516 last sold in April 2026 at AED 2,301 per sqft, 9% above what one-beds in The Paragon By IGO were fetching at the time (AED 2,108). 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
5071-bedAED 1.16M · Oct 2022
1–7 of 19

516, The Paragon By IGO in numbers

  • Sold 3 times: first on 6 October 2022 for AED 1,039,628, last on 28 April 2026 for AED 1,380,000 (AED 2,301 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 28 April 2026.

Questions about 516, The Paragon By IGO

What did unit 516 last sell for?

AED 1,380,000 on 28 April 2026: AED 2,301 per sqft for 600 sqft. The unit has 3 registered sales; the first was AED 1,039,628 in October 2022.

How big is unit 516?

600 sqft (55.7 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower completed in 2024.

What is unit 516 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.

Selling 516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 516, The Paragon By IGO

Starts from the last sale price (AED 1.38M, 28 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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