Studio · 434 sqftThe Paragon By IGO, Business Bay · 6th floor · completed 2024

602, The Paragon By IGO

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 850K8 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, The Paragon By IGO

What is 602 worth today?

Last sold for AED 850,000 in 2024

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8 May 2024SoldOff-plan
AED 850,000AED 1,960 per sqft
18 Aug 2022Sold by developerOff-plan
AED 825,523AED 1,904 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
6th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 850K · May 2024

About 602, The Paragon By IGO

602 is a studio of 434 sqft on the 6th 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 8 May 2024 for AED 850,000, or AED 1,960 per sqft, 5% below the AED 2,056 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical studio in The Paragon By IGO
800K900K1M202220242026Typical 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, August 2022: AED 825,523 (AED 1,904 per sqft)Sold, May 2024: AED 850,000 (AED 1,960 per sqft)

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

Rents
Unit 602, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000

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 602 sits

All 56 studios →

602 last sold in May 2024 at AED 1,960 per sqft, 5% below what studios in The Paragon By IGO were fetching at the time (AED 2,056). 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 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 6th floor

All 324 units in The Paragon By IGO
Value
601StudioAED 829K · Sep 2022
603StudioAED 927K · Jul 2023
604StudioAED 870K · Jun 2023
6051-bedAED 1.21M · Oct 2022
6061-bedAED 1.45M · Jun 2025
6071-bedAED 1.22M · Sep 2022
608StudioAED 915K · Mar 2024
1–7 of 19

602, The Paragon By IGO in numbers

  • Sold twice: first on 18 August 2022 for AED 825,523, last on 8 May 2024 for AED 850,000 (AED 1,960 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 8 May 2024.

Questions about 602, The Paragon By IGO

What did unit 602 last sell for?

AED 850,000 on 8 May 2024: AED 1,960 per sqft for 434 sqft. The unit has 2 registered sales; the first was AED 825,523 in August 2022.

How big is unit 602?

434 sqft (40.3 sqm): a studio on the 6th floor of a 23-storey tower completed in 2024.

What is unit 602 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 602, The Paragon By IGO

Starts from the last sale price (AED 850K, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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