Studio · 441 sqftThe Paragon By IGO, Business Bay · 7th floor · completed 2024

711, The Paragon By IGO

Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 20 December 2022
Last soldAED 1.01M20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, The Paragon By IGO

What is 711 worth today?

Last sold for AED 1,008,211 in 2022

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20 Dec 2022Sold by developerOff-plan
AED 1,008,211AED 2,284 per sqft

Source: Dubai Land Department. Updated 20 December 2022.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
7th of 23
Parking
1
Developer
IGO Real Estate Development
Completed
2024
Last sold
AED 1.01M · December 2022

About 711, The Paragon By IGO

711 is a studio of 441 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 20 December 2022 for AED 1,008,211, or AED 2,284 per sqft, 18% above the AED 1,939 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 711 over time

Sales
Unit 711, 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, December 2022: AED 1,008,211 (AED 2,284 per sqft)

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

Rents
Unit 711, each contractTypical studio in The Paragon By IGO
60K70K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 61,000

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 711 sits

All 56 studios →

711 last sold in December 2022 at AED 2,284 per sqft, 18% above what studios in The Paragon By IGO were fetching at the time (AED 1,939). 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 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

711, The Paragon By IGO in numbers

  • Sold once: by IGO Real Estate Development on 20 December 2022 for AED 1,008,211, or AED 2,284 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 20 December 2022.

Questions about 711, The Paragon By IGO

What did unit 711 last sell for?

AED 1,008,211 on 20 December 2022, sold by the developer: AED 2,284 per sqft for 441 sqft. It is the only registered sale of the unit.

How big is unit 711?

441 sqft (41.0 sqm): a studio on the 7th floor of a 23-storey tower completed in 2024.

What is unit 711 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 711, The Paragon By IGO

Starts from the last sale price (AED 1.01M, 20 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,008,211
Deposit, UAE resident (20%)
AED 201,642
Deposit, non-resident (40%)
AED 403,284
Monthly over 25 years at 3.7%
AED 4,125

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