Studio · 433 sqftThe Paragon By IGO, Business Bay · 6th floor · completed 2024

609, The Paragon By IGO

Sold prices and rental history: sold twice, last in June 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 6 August 2025
Last soldAED 970K20 June 2024
Current rentAED 80K /yr6 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, The Paragon By IGO

What is 609 worth today?

Last sold for AED 970,000 in 2024

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6 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 187 per sqft
20 Jun 2024SoldOff-plan
AED 970,000AED 2,237 per sqft
25 Aug 2022Sold by developerOff-plan
AED 838,273AED 1,933 per sqft

Source: Dubai Land Department. Updated 6 August 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
6th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 970K · June 2024

About 609, The Paragon By IGO

609 is a studio of 433 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 20 June 2024 for AED 970,000, or AED 2,237 per sqft, 10% above the AED 2,028 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 August 2025. The current contract, signed on 6 August 2025, is AED 80,000 a year: a gross yield of 8.3% on the 2024 price.

Sales and rents for 609 over time

Sales
Unit 609, 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, August 2022: AED 838,273 (AED 1,933 per sqft)Sold, June 2024: AED 970,000 (AED 2,237 per sqft)

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

Rents
Unit 609, each contractTypical studio in The Paragon By IGO
60K70K80K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000New contract, August 2025: AED 80,000 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 609 sits

All 56 studios →

609 last sold in June 2024 at AED 2,237 per sqft, 10% above what studios in The Paragon By IGO were fetching at the time (AED 2,028). 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. 609's AED 80,000 is in the upper half 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 6th floor

All 324 units in The Paragon By IGO
Value
601StudioAED 829K · Sep 2022
602StudioAED 850K · May 2024
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
1–7 of 19

609, The Paragon By IGO in numbers

  • Sold twice: first on 25 August 2022 for AED 838,273, last on 20 June 2024 for AED 970,000 (AED 2,237 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.3%.
  • 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 6 August 2025.

Questions about 609, The Paragon By IGO

What did unit 609 last sell for?

AED 970,000 on 20 June 2024: AED 2,237 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 838,273 in August 2022.

What is the rent for unit 609?

AED 80,000 a year on the contract signed on 6 August 2025.

How big is unit 609?

433 sqft (40.2 sqm): a studio on the 6th floor of a 23-storey tower completed in 2024.

What is unit 609 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 609, The Paragon By IGO

Starts from the last sale price (AED 970K, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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