Studio · 433 sqftThe Paragon By IGO, Business Bay · 7th floor · completed 2024

709, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in April 2023, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 29 November 2025
Last soldAED 992K5 April 2023
Current rentAED 70K /yr29 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, The Paragon By IGO

What is 709 worth today?

Last sold for AED 992,105 in 2023

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29 Nov 2025RentedNew contract
AED 70,000/yr12 months · AED 163 per sqft
5 Apr 2023Sold by developerOff-plan
AED 992,105AED 2,288 per sqft

Source: Dubai Land Department. Updated 29 November 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
7th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 992K · April 2023

About 709, The Paragon By IGO

709 is a studio of 433 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 5 April 2023 for AED 992,105, or AED 2,288 per sqft, 15% above the AED 1,982 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 November 2025. The current contract, signed on 29 November 2025, is AED 70,000 a year: a gross yield of 7.1% on the 2023 price.

Sales and rents for 709 over time

Sales
Unit 709, 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, April 2023: AED 992,105 (AED 2,288 per sqft)

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

Rents
Unit 709, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000New contract, November 2025: AED 70,000 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 709 sits

All 56 studios →

709 last sold in April 2023 at AED 2,288 per sqft, 15% above what studios in The Paragon By IGO were fetching at the time (AED 1,982). 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. 709's AED 70,000 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

709, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 5 April 2023 for AED 992,105, or AED 2,288 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 7.1%.
  • 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 29 November 2025.

Questions about 709, The Paragon By IGO

What did unit 709 last sell for?

AED 992,105 on 5 April 2023, sold by the developer: AED 2,288 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 70,000 a year on the contract signed on 29 November 2025.

How big is unit 709?

433 sqft (40.2 sqm): a studio on the 7th floor of a 23-storey tower completed in 2024.

What is unit 709 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 709, The Paragon By IGO

Starts from the last sale price (AED 992K, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 992,105
Deposit, UAE resident (20%)
AED 198,421
Deposit, non-resident (40%)
AED 396,842
Monthly over 25 years at 3.7%
AED 4,059

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