1-bed · 655 sqftThe Paragon By IGO, Business Bay · 6th floor · completed 2024

616, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.25M9 December 2022
Current rentAED 100K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, The Paragon By IGO

What is 616 worth today?

Last sold for AED 1,246,099 in 2022

Unlock today's estimate, updated daily, with

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

1 Feb 2026RentedNew contract
AED 100,000/yr12 months · AED 153 per sqft
1 Feb 2026RentedNew contract
AED 100,000/yr12 months · AED 152 per sqft
9 Dec 2022Sold by developerOff-plan
AED 1,246,099AED 1,893 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
655 sqft
Floor
6th of 23
Parking
B3-45
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.25M · December 2022

About 616, The Paragon By IGO

616 is a one-bedroom apartment of 655 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. The developer sold it on 9 December 2022 for AED 1,246,099, or AED 1,893 per sqft, 20% above the AED 1,578 one-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 1 February 2026, is AED 100,000 a year: a gross yield of 8.0% on the 2022 price.

Sales and rents for 616 over time

Sales
Unit 616, 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, December 2022: AED 1,246,099 (AED 1,893 per sqft)

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

Rents
Unit 616, each contractTypical one-bed in The Paragon By IGO
90K100K202520262027Typical rent by year: 2025 AED 105,000; 2026 AED 85,000New contract, February 2026: AED 100,000 a yearNew contract, February 2026: AED 100,000 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 616 sits

All 234 1-beds →

616 last sold in December 2022 at AED 1,893 per sqft, 20% above what one-beds in The Paragon By IGO were fetching at the time (AED 1,578). 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. 616's AED 100,000 is in the upper 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 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

616, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 9 December 2022 for AED 1,246,099, or AED 1,893 per sqft.
  • Rented since February 2026 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 8.0%.
  • 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 February 2026.

Questions about 616, The Paragon By IGO

What did unit 616 last sell for?

AED 1,246,099 on 9 December 2022, sold by the developer: AED 1,893 per sqft for 655 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 100,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2026, was AED 100,000.

How big is unit 616?

655 sqft (60.9 sqm): a one-bedroom apartment on the 6th floor of a 23-storey tower completed in 2024.

What is unit 616 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 616? 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 616, The Paragon By IGO

Starts from the last sale price (AED 1.25M, 9 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,246,099
Deposit, UAE resident (20%)
AED 249,220
Deposit, non-resident (40%)
AED 498,440
Monthly over 25 years at 3.7%
AED 5,098

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