The Paragon by IGO, Dubai

The Paragon by IGO

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

The Paragon by IGO — 1 B/R median AED 95,000 a year, AED 135 a sq ft, from 179 Ejari contracts in 12 months; gross yield 6% (1 B/R). 2 for rent with McCone, AED 105K – 130K / year.

Your agent in Business Bay

Ramsheed Karuvadan

Ramsheed Karuvadan

Leasing

Renting in The Paragon by IGO? Ramsheed can walk you through what these numbers mean for you.

Ramsheed is marketing 28 homes for rent in Business Bay right now.

Community
Business Bay
Nearest metro
Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2025 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2022 — an off-plan sale
Sales on record
446 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
88% — 391 bought off-plan from the developer, 55 resales of a completed home

Every recorded sale in The Paragon by IGO — prices, sizes and the year it was handed over →

How The Paragon by IGO compares — every tower in Business Bay, ranked by recorded price →

What The Paragon by IGO's neighbours let for — every tower in Business Bay the register names, ranked →

Living in Business Bay — the area guide →

What a home in The Paragon by IGO returns on its rent — the yield calculator →

Recorded rent per sq ft
AED 135
a year · 179 contracts here, 12 months
Mean AED 137 a year
Gross yield
6%
1 B/R · its own rents over its own sale prices
Recorded sale price
AED 2,122
per sq ft · 446 sales on record
Handed over
2025
Derived from the register

Recorded rents

What The Paragon by IGO rents for, by layout

Tenancies registered with Ejari that name The Paragon by IGO, last twelve months. Annual rents, medians.

LayoutTypical sizeMedian rentMean rentPer sq ft / yearContracts
Studio430 sqft70,00070,07816442
1 B/R675 sqft95,00093,580127124
2 B/R1,284 sqft150,000150,29011210

Layouts with fewer than five contracts in the year are left out. 250 contracts name this building on the register since 2025.

For comparison

Recorded rents in Business Bay

How The Paragon by IGO sits against its community. The full Business Bay rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio65,00066,49765,00063,0001354,286
1 B/R85,00092,07590,00082,5001157,494
2 B/R125,000132,165135,000115,500964,572
3 B/R171,845187,486185,000162,116891,332
4 B/R300,000319,809300,000300,00083109

Rent against price

Gross yield in The Paragon by IGO

This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
1 B/R127This building · 1242,1076%
Studio164This building · 422,3636.9%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Every tenancy, as registered

Recent contracts in The Paragon by IGO

The latest tenancies registered with Ejari naming this building, newest first.

StartLayoutSizeAnnual rentType
15 Oct 20263 B/R2,587235,000New lease
11 Oct 2026Studio43165,000New lease
10 Oct 2026Studio40855,000New lease
10 Oct 2026Studio43157,000New lease
7 Oct 2026Studio42980,000New lease
7 Oct 20261 B/R76979,572New lease
5 Oct 20261 B/R65490,000New lease
2 Oct 20261 B/R86775,000New lease
2 Oct 20261 B/R67580,000New lease
1 Oct 2026Studio43878,000New lease
1 Oct 20261 B/R67680,000New lease
1 Oct 20262 B/R1,512160,000New lease
Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.

Nearby

What else to look at in Business Bay

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Skyparksnewest8320264,250
Avarra by Palacenewest15620263,490
Royal Regency Suites Tower Two5520241,734
Reva Residences95620181,725
Paramount Tower Hotel & Residences78220151,723
Binghatti Canal42920221,714
J One - 211220211,682
SOL Bay31520201,680
Capital Bay Tower B37720121,637
Capital Bay Tower A43120091,635

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into The Paragon by IGO? Ejari, the DEWA move-in and your Makani number, explained.

Questions about The Paragon by IGO? Ramsheed is a message away.

Ramsheed Karuvadan

Ramsheed Karuvadan

Your agent in Business Bay