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Mortgage of AED 1,000,000: 1-Bedroom Apartment in The Paragon By IGO

Located in Business Bay, Dubai. Mortgage values are registered loan amounts, not sale prices, so this record is not used in price statistics.

All Business Bay salesThe Paragon By IGO prices

Loan amount

AED 1,000,000

Per sqft
AED 1,539
Registered
9 Feb 2026, 11:42 (Dubai)
The Paragon By IGO, Dubai

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in The Paragon By IGO: same layout, exact size (650 sqft) and parking bay B3-110. The registry has no unit numbers, so records are matched on these details.

  1. 9 Feb 2026

    650 sqft · AED 1,924/sqft · Ready

    First recordAED 1,250,000

  2. 9 Feb 2026This mortgage

    Same day as previous · 650 sqft · AED 1,539/sqft · Ready

    20%lower than the previous recordAED 1,000,000
Records
2
Registered
Same day
as the sale, 9 Feb 2026
Loan to value
80%
AED 1M mortgage on the AED 1.25M sale

02 / The property

Property details

Size
650 sqft · 60.35 m²
Bedrooms
1 BR
Registered as
Mortgage Registration
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B3-110
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in The Paragon By IGO (9 Jan 2026 – 10 Oct 2026)

22 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
10 Oct 20261.05M+5% vs selected1,601+4% vs selected
13 Jul 2026930K−7% vs selected2,198+43% vs selected
10 Jul 20261.25M+25% vs selected1,908+24% vs selected
8 Jul 20261.44M+44% vs selected1,670+8% vs selected
16 Jun 20262.7M+170% vs selected1,786+16% vs selected
4 Jun 20261.29M+28% vs selected1,965+28% vs selected
28 Apr 20261.38M+38% vs selected2,302+50% vs selected
27 Apr 20261.5M+50% vs selected2,194+43% vs selected
16 Apr 20262.27M+127% vs selected1,785+16% vs selected
8 Apr 20261.49M+49% vs selected2,279+48% vs selected
30 Mar 2026970K−3% vs selected2,275+48% vs selected
26 Mar 20262.02M+102% vs selected2,215+44% vs selected
18 Mar 20261.34M+34% vs selected2,063+34% vs selected
9 Mar 20264.13M+313% vs selected1,598+4% vs selected
10 Feb 20261.43M+43% vs selected2,183+42% vs selected
9 Feb 20261.25M+25% vs selected1,924+25% vs selected
4 Feb 20261.4M+40% vs selected1,866+21% vs selected
27 Jan 2026990K−1% vs selected2,429+58% vs selected
26 Jan 20261.37M+37% vs selected2,142+39% vs selected
20 Jan 20262.02M+102% vs selected2,353+53% vs selected
14 Jan 20261.65M+65% vs selected1,922+25% vs selected
9 Jan 20261.6M+60% vs selected1,860+21% vs selected

04 / Renting it out

What similar apartments rent for

Median of 3 market rents of apartments of 552–747 sq ft in The Paragon By IGO.

See these contracts
Median rent / yr
AED 87,000
Per sqft / yr
AED 138/sqft