Studio · 417 sqftThe Paragon By IGO, Business Bay · 7th floor · completed 2024

708, The Paragon By IGO

Sold prices and rental history: sold twice, last in January 2024, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 835K12 January 2024
Current rentAED 55K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, The Paragon By IGO

What is 708 worth today?

Last sold for AED 835,000 in 2024

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22 Aug 2026RentedNew contract
AED 55,000/yr12 months · AED 135 per sqft
12 Jan 2024SoldOff-plan
AED 835,000AED 2,000 per sqft
23 Jan 2023Sold by developerOff-plan
AED 967,947AED 2,319 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
7th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 835K · January 2024

About 708, The Paragon By IGO

708 is a studio of 417 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. It last sold on 12 January 2024 for AED 835,000, or AED 2,000 per sqft, 6% below the AED 2,138 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 August 2026. The current contract, signed on 22 August 2026, is AED 55,000 a year: a gross yield of 6.6% on the 2024 price.

Sales and rents for 708 over time

Sales
Unit 708, 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, January 2023: AED 967,947 (AED 2,319 per sqft)Sold, January 2024: AED 835,000 (AED 2,000 per sqft)

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

Rents
Unit 708, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000New contract, August 2026: AED 55,000 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 708 sits

All 56 studios →

708 last sold in January 2024 at AED 2,000 per sqft, 6% below what studios in The Paragon By IGO were fetching at the time (AED 2,138). 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. 708's AED 55,000 is in the lower 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 7th floor

All 324 units in The Paragon By IGO
Value
701StudioAED 981K · Jun 2023
702StudioAED 977K · Jan 2023
703StudioAED 977K · Dec 2022
704StudioAED 1.01M · Jan 2023
7051-bedAED 1.4M · Feb 2025
7061-bedAED 1.44M · Jul 2026
7071-bedAED 1.57M · Mar 2023
1–7 of 19

708, The Paragon By IGO in numbers

  • Sold twice: first on 23 January 2023 for AED 967,947, last on 12 January 2024 for AED 835,000 (AED 2,000 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.6%.
  • 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 22 August 2026.

Questions about 708, The Paragon By IGO

What did unit 708 last sell for?

AED 835,000 on 12 January 2024: AED 2,000 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 967,947 in January 2023.

What is the rent for unit 708?

AED 55,000 a year on the contract signed on 22 August 2026.

How big is unit 708?

417 sqft (38.7 sqm): a studio on the 7th floor of a 23-storey tower completed in 2024.

What is unit 708 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 708, The Paragon By IGO

Starts from the last sale price (AED 835K, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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