704, The Paragon By IGO
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, The Paragon By IGO
What is 704 worth today?
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Source: Dubai Land Department. Updated 19 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 448 sqft
- Floor
- 7th of 23
- Parking
- 1
- Developer
- IGO Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.01M · January 2023
- Building
- The Paragon By IGO
About 704, The Paragon By IGO
704 is a studio of 448 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 2 January 2023 for AED 1,005,526, or AED 2,246 per sqft, 15% above the AED 1,947 studios in the building were fetching at the time.
One Ejari contract is registered, from 19 September 2026. The current contract, signed on 19 September 2026, is AED 60,000 a year: a gross yield of 6.0% on the 2023 price.
Sales and rents for 704 over time
704 has sold once; the dashed line is the studio median of each year in the building.
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 704 sits
All 56 studios →704 last sold in January 2023 at AED 2,246 per sqft, 15% above what studios in The Paragon By IGO were fetching at the time (AED 1,947). 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. 704's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
The Paragon By IGO
Building324 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%
Other units on the 7th floor
All 324 units in The Paragon By IGO| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 434 sqft | AED 981KAED 981,368 · Jun 2023June 2023 | ||
| 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 | |
| 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 |
704, The Paragon By IGO in numbers
- Sold once: by IGO Real Estate Development on 2 January 2023 for AED 1,005,526, or AED 2,246 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 6.0%.
- 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 19 September 2026.
Questions about 704, The Paragon By IGO
What did unit 704 last sell for?
AED 1,005,526 on 2 January 2023, sold by the developer: AED 2,246 per sqft for 448 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 60,000 a year on the contract signed on 19 September 2026.
How big is unit 704?
448 sqft (41.6 sqm): a studio on the 7th floor of a 23-storey tower completed in 2024.
What is unit 704 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 704, The Paragon By IGO
Starts from the last sale price (AED 1.01M, 2 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,005,526
- Deposit, UAE resident (20%)
- AED 201,105
- Deposit, non-resident (40%)
- AED 402,210
- Monthly over 25 years at 3.7%
- AED 4,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →