The Paragon By IGO, Business Bay: sale prices and transactions
The Paragon By IGO is a project registered with the Dubai Land Department (project no. 2402) in Business Bay. Since August 2022, 446 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 35 sales closed at a median AED 22,838 per m² (AED 2,122 per sq ft).
- AED 22,838median price per m²
- AED 2,122median price per sq ft
- 446sales since 2022
- 35sales in 12 months
- +8.6%change year on year
Its price per m² is 10.5% below the Business Bay median (AED 25,523/m²). Most sales (87.7%) were registered off-plan: the project was sold before completion.
The Paragon By IGO prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 5 | AED 990,000 | 39 m² |
| Apartment · 1 bedroom | 24 | AED 1,415,000 | 61 m² |
| Apartment · 2 bedrooms | 4 | AED 2,235,000 | 118 m² |
The Paragon By IGO price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 251 | AED 17,249 | AED 1,602 | — |
| 2023 | 83 | AED 18,623 | AED 1,730 | +8% |
| 2024 | 42 | AED 19,942 | AED 1,853 | +7.1% |
| 2025 | 48 | AED 22,374 | AED 2,079 | +12.2% |
| 2026 (to mid-October) | 22 | AED 21,680 | AED 2,014 | -3.1% |
The Paragon By IGO rents
181 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 6.7%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 43 | AED 70,000 | 60,000 – 76,000 | AED 70,000 |
| Apartment · 1 bedroom | 125 | AED 95,000 | 80,000 – 105,000 | AED 95,000 |
| Apartment · 2 bedrooms | 10 | AED 150,000 | 148,000 – 152,475 | AED 150,000 |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Sobha Creek Vistas Grande, Sobha Hartland — AED 22,821/m²
- Azizi Riviera 69, Meydan One Community — AED 22,838/m²
- Trussardi Residences 2, Discovery Gardens — AED 22,813/m²
- Terra Gardens, Expo City — AED 22,760/m²
Other projects in Business Bay
- Royal Regency — AED 22,839/m²
- Vera Tower — AED 22,939/m²
- Zada Tower — AED 22,985/m²
- Urban Oasis — AED 23,167/m²
- Royal Regency Suites — AED 23,177/m²
- Chic Tower — AED 23,559/m²
- Binghatti Canal — AED 21,918/m²
- Paramount Tower Hotel & Residences — AED 21,917/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at The Paragon By IGO?
Over the last 12 months the median is AED 2,122 per sq ft (AED 22,838 per m²) across 35 DLD sales.
How much is a studio at The Paragon By IGO?
Median sale price AED 990,000 for a median 39 m², across 5 sales over the last 12 months.
How many sales have been registered at The Paragon By IGO?
446 residential sales registered with the DLD between August 2022 and October 2026, 87.7% of them off-plan.
Where is The Paragon By IGO?
In Business Bay, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.