1-bed · 677 sqftThe Paragon By IGO, Business Bay · 5th floor · completed 2024

518, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.29M13 February 2023
Current rentAED 75K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, The Paragon By IGO

What is 518 worth today?

Last sold for AED 1,291,495 in 2023

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1 Oct 2026RentedNew contract
AED 75,000/yr12 months · AED 112 per sqft
13 Feb 2023Sold by developerOff-plan
AED 1,291,495AED 1,906 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
677 sqft
Floor
5th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.29M · February 2023

About 518, The Paragon By IGO

518 is a one-bedroom apartment of 677 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 13 February 2023 for AED 1,291,495, or AED 1,906 per sqft, 20% above the AED 1,594 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 75,000 a year: a gross yield of 5.8% on the 2023 price.

Sales and rents for 518 over time

Sales
Unit 518, 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, February 2023: AED 1,291,495 (AED 1,906 per sqft)

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

Rents
Unit 518, each contractTypical one-bed in The Paragon By IGO
80K100K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000New contract, October 2026: AED 75,000 a year

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 518 sits

All 234 1-beds →

518 last sold in February 2023 at AED 1,906 per sqft, 20% above what one-beds in The Paragon By IGO were fetching at the time (AED 1,594). 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. 518's AED 75,000 is in the lower half of that range.

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

518, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 13 February 2023 for AED 1,291,495, or AED 1,906 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 5.8%.
  • 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 1 October 2026.

Questions about 518, The Paragon By IGO

What did unit 518 last sell for?

AED 1,291,495 on 13 February 2023, sold by the developer: AED 1,906 per sqft for 677 sqft. It is the only registered sale of the unit.

What is the rent for unit 518?

AED 75,000 a year on the contract signed on 1 October 2026.

How big is unit 518?

677 sqft (62.9 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower completed in 2024.

What is unit 518 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 518, The Paragon By IGO

Starts from the last sale price (AED 1.29M, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,291,495
Deposit, UAE resident (20%)
AED 258,299
Deposit, non-resident (40%)
AED 516,598
Monthly over 25 years at 3.7%
AED 5,284

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