Project
The Paragon By IGO
The Paragon by IGO is a 24-storey residential building in Business Bay, Dubai. A completed project of apartments in Business Bay, priced below the Business Bay median.
Small sample (22 sales): medians may move significantly with new data.

01 / Transactions
All The Paragon By IGO transactions
02 / About
About The Paragon By IGO
The Paragon by IGO is a 24-storey residential building in Business Bay, Dubai.
The Paragon by IGO at a glance
- Area
- Business Bay
- Developer
- MAG Group through its subsidiary IGO Real Estate Development
- Unit layouts
- The Paragon by IGO comprises a mix of studios, one- , two- , and three-bedroom apartments
- Architect
- The architectural consultant was Next Engineering Consultants
- Contractor
- The main building work was done by Dubuild and the foundation work was carried out by TMF Euro Foundations
- Structure
- The substructure contains four basement levels which are used for parking
- History
- The project occupies a plot of land that was initially intended for a different development, Fortune Pearl, which has since been cancelled
Homes, design and facilities
At the time of launch prices started from AED 845k for studio apartments, AED 996k for a one-bedroom, AED 2M for a two-bedroom and AED 2M for a three-bedroom.
- barbecue facilities
- a cafe
- a fitness centre
- landscaped garden areas
- a swimming pool
- and yoga and meditation areas
Getting around
- Dubai Mall
- 11 min
- Palm Jumeirah
- 19 min
- Burj Al Arab
- 17 min
- The Walk JBR
- 23 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in June 2022. The estimated handover date was January 2025. The project was completed in 2025.
- Construction Started
- June 2022
- Estimated Completion
- January 2025
- Construction Finished
- 2025
Nearby neighbourhoods
- District One1.6 km
- Downtown Dubai1.8 km
- City Walk2.9 km
- Sobha Hartland3.4 km
The Paragon By IGO recorded 22 market sales from 9 Jan 2026 – 10 Oct 2026, at a median price of AED 1,415,000 (AED 2,014/sqft). The Paragon By IGO's median price per sqft (AED 2,014/sqft) is 18% below the Business Bay median (AED 2,458/sqft).
03 / Prices
The Paragon By IGO prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
Studio | 3 | 970K AED | 2,275 | |
1 bedroom | 16 | 1.42M AED | 2,014 | |
2 bedrooms | 2 | 2.49M AED | 1,785 | |
3 bedrooms | 1 | 4.13M AED | 1,598 |
04 / Rents
Renting in The Paragon By IGO
From 13 registered market rents. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 79,572
- Per sqft / yr
- AED 138/sqft
- Gross yield
- 6.8%
Market pulse / weekly
The Paragon By IGO price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 5 Jan 2026Total AED 1,600,000 | 1 | AED 1,600,000 | AED 1,860/sqft |
| Week of 12 Jan 2026Total AED 1,650,000 | 1 | AED 1,650,000 | AED 1,922/sqft |
| Week of 19 Jan 2026Total AED 2,020,000 | 1 | AED 2,020,000 | AED 2,353/sqft |
| Week of 26 Jan 2026Total AED 2,360,000 | 2 | AED 1,180,000 | AED 2,285/sqft |
| Week of 2 Feb 2026Total AED 1,400,000 | 1 | AED 1,400,000 | AED 1,866/sqft |
| Week of 9 Feb 2026Total AED 2,680,000 | 2 | AED 1,340,000 | AED 2,054/sqft |
| Week of 9 Mar 2026Total AED 4,133,000 | 1 | AED 4,133,000 | AED 1,598/sqft |
| Week of 16 Mar 2026Total AED 1,340,000 | 1 | AED 1,340,000 | AED 2,063/sqft |
| Week of 23 Mar 2026Total AED 2,020,000 | 1 | AED 2,020,000 | AED 2,215/sqft |
| Week of 30 Mar 2026Total AED 970,000 | 1 | AED 970,000 | AED 2,275/sqft |
| Week of 6 Apr 2026Total AED 1,490,000 | 1 | AED 1,490,000 | AED 2,279/sqft |
| Week of 13 Apr 2026Total AED 2,270,000 | 1 | AED 2,270,000 | AED 1,785/sqft |
| Week of 27 Apr 2026Total AED 2,880,000 | 2 | AED 1,440,000 | AED 2,248/sqft |
| Week of 1 Jun 2026Total AED 1,285,000 | 1 | AED 1,285,000 | AED 1,965/sqft |
| Week of 15 Jun 2026Total AED 2,700,000 | 1 | AED 2,700,000 | AED 1,786/sqft |
| Week of 6 Jul 2026Total AED 2,690,000 | 2 | AED 1,345,000 | AED 1,789/sqft |
| Week of 13 Jul 2026Total AED 930,000 | 1 | AED 930,000 | AED 2,198/sqft |
| Week of 5 Oct 2026Total AED 1,048,706 | 1 | AED 1,048,706 | AED 1,601/sqft |
05 / Nearby
Other projects in Business Bay
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 238 | 3.21M AED | 4,699 | ||
| 221 | 2.19M AED | 2,569 | ||
| 183 | 2.03M AED | 2,513 | ||
| 161 | 2.7M AED | 2,773 | ||
| 155 | 3.44M AED | 2,636 | ||
| 155 | 3.22M AED | 3,491 | ||
| 148 | 22.98M AED | 6,130 | ||
| 140 | 1.74M AED | 2,683 | ||
| 116 | 2.68M AED | 2,618 | ||
| 105 | 1.53M AED | 1,434 |
A registered project can include several buildings or phases, so these figures cover the whole project.