Studio · 434 sqftThe Paragon By IGO, Business Bay · 7th floor · completed 2024

701, The Paragon By IGO

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 701

Unit 701 · DLD and Ejari recordsUpdated 7 June 2023

Last soldAED 981K7 June 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 701

Property timeline for 701, The Paragon By IGO

Today

What is 701 worth today?

Last sold for AED 981,368 in 2023

Unlock today's estimate, updated daily, with

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

7 Jun 2023

7 Jun 2023Sold by developerOff-plan

AED 981,368AED 2,260 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type: Studio apartment
Size: 434 sqft
Floor: 7th of 23
Parking: 1
Developer: IGO Real Estate Development
Completed: 2024
Last sold: AED 981K · June 2023
Building: The Paragon By IGO

About 701, The Paragon By IGO

701 is a studio of 434 sqft on the 7th 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 7 June 2023 for AED 981,368, or AED 2,260 per sqft, 14% above the AED 1,985 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales

Unit 701, each saleTypical studio in The Paragon By IGO

701 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 701, each contractTypical studio in The Paragon By IGO

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 701 sits

All 56 studios →

Studios in The Paragon By IGO · last 12 months2,319 /sqft The Paragon By IGO · all types2,127 /sqft

701 last sold in June 2023 at AED 2,260 per sqft, 14% above what studios in The Paragon By IGO were fetching at the time (AED 1,985). 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 sales	Size	Price (AED)	Per sqft
13 Jul 202613 July 2026	423 sqft	930,000	2,197
30 Mar 202630 March 2026	426 sqft	970,000	2,275
27 Jan 202627 January 2026	408 sqft	990,000	2,429
27 Nov 202527 November 2025	423 sqft	1,000,000	2,363

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 7th floor

All 324 units in The Paragon By IGO


702	Studio	434 sqft	AED 977KAED 977,342 · Jan 2023January 2023	58,000 /yr
703	Studio	434 sqft	AED 977KAED 977,342 · Dec 2022December 2022	60,000 /yr
704	Studio	448 sqft	AED 1.01MAED 1,005,526 · Jan 2023January 2023	60,000 /yr
705	1-bed	785 sqft	AED 1.4MAED 1,397,000 · Feb 2025February 2025	135,000 /yr
706	1-bed	862 sqft	AED 1.44MAED 1,440,000 · Jul 2026July 2026	80,000 /yr
707	1-bed	882 sqft	AED 1.57MAED 1,570,843 · Mar 2023March 2023
708	Studio	417 sqft	AED 835KAED 835,000 · Jan 2024January 2024	55,000 /yr
709	Studio	433 sqft	AED 992KAED 992,105 · Apr 2023April 2023	70,000 /yr
710	Studio	434 sqft	AED 995KAED 994,789 · Nov 2022November 2022
711	Studio	441 sqft	AED 1.01MAED 1,008,211 · Dec 2022December 2022
712	1-bed	643 sqft	AED 1.26MAED 1,260,743 · Nov 2022November 2022
713	1-bed	660 sqft	AED 1.24MAED 1,235,116 · Dec 2022December 2022	126,000 /yr
714	1-bed	660 sqft	AED 1.35MAED 1,350,000 · Apr 2025April 2025
715	1-bed	660 sqft	AED 1.24MAED 1,235,116 · Nov 2022November 2022
716	1-bed	658 sqft	AED 1.28MAED 1,275,387 · Nov 2022November 2022
717	1-bed	912 sqft	AED 2.02MAED 2,020,000 · Mar 2026March 2026
718	1-bed	804 sqft	AED 1.37MAED 1,372,037 · Jan 2023January 2023
719	1-bed	659 sqft	AED 1.24MAED 1,243,170 · Feb 2023February 2023
720	1-bed	638 sqft	AED 1.18MAED 1,180,000 · Feb 2024February 2024	115,000 /yr

1–7 of 19

701, The Paragon By IGO in numbers

Sold once: by IGO Real Estate Development on 7 June 2023 for AED 981,368, or AED 2,260 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 7 June 2023.

Questions about 701, The Paragon By IGO

What did unit 701 last sell for?

AED 981,368 on 7 June 2023, sold by the developer: AED 2,260 per sqft for 434 sqft. It is the only registered sale of the unit.

How big is unit 701?

434 sqft (40.3 sqm): a studio on the 7th floor of a 23-storey tower completed in 2024.

What is unit 701 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.

Selling 701? 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 701, The Paragon By IGO

Starts from the last sale price (AED 981K, 7 June 2023). Switch to today's estimate once you have unlocked it.

Price: AED 981,368
Deposit, UAE resident (20%): AED 196,274
Deposit, non-resident (40%): AED 392,547
Monthly over 25 years at 3.7%: AED 4,015

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