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The Paragon by IGO

What people actually paid in The Paragon by IGO: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

446 sales are on record at the Dubai Land Department, below. 2 for rent →

Buying off-plan

Sam McCone

Sam McCone

Managing Partner

Buying in The Paragon by IGO? Our team can walk you through what these numbers mean for you.

Investeren vanuit Nederland of België →

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

Recorded rents and gross yield for The Paragon by IGO →

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

Living in Business Bay — the area guide →

What a mortgage on a home in The Paragon by IGO costs a month — and the cash you need on the day →

Median sale price
AED 1.43M
35 sales · the last 12 months
Mean AED 1.59M
Median per sq ft
AED 2,122
+8.6% on the year before
Mean AED 2,059
Against Business Bay
57 of 100
Community median AED 2,500 / sq ft
Activity, 90 days
1 sale
0.1× its usual pace · below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,603
1,730
1,853
2,079
2,014
20222023202420252026

The low was 2022 at AED 1,603 a square foot, and it has recovered 26% since. It is still 3% below its 2025 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio433 sqft915,000916,3982,16817
1 B/R661 sqft1,375,0001,375,3861,94184
2 B/R1,284 sqft2,200,0002,268,2651,7309
3 B/R2,609 sqft3,962,5003,834,6671,5596

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in The Paragon by IGO

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
12 Oct 20261 B/R6551,048,7061,601
13 Jul 2026Studio423930,0002,198
10 Jul 20261 B/R6551,250,0001,908
8 Jul 20261 B/R8621,440,0001,670
17 Jun 20262 B/R1,5122,700,0001,786
4 Jun 20261 B/R6541,285,0001,965
28 Apr 20261 B/R6001,380,0002,302
27 Apr 20261 B/R6841,500,0002,194
16 Apr 20262 B/R1,2722,270,0001,785
9 Apr 20261 B/R6541,490,0002,279
30 Mar 2026Studio426970,0002,275
26 Mar 20261 B/R9122,020,0002,215

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

251
83
42
48
22
20222023202420252026

Of the 446 sales on record, 391 were bought off-plan from the developer and 55 were resales of a finished home. The changeover in 2025 is the handover. The 2026 bar is part-year.

In context

Where it sits in Business Bay

The Paragon by IGO is the 57th most expensive of the 100 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
54SOL Bay312,214
55Urban Oasis352,162
56Royal Regency242,122
57The Paragon by IGO352,122
58Zada Tower522,112
59Vera Residences222,103
60Canal Bay512,064

Business Bay as a whole: AED 2,500 a square foot across 6,232 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

The Paragon by IGO sold 1 completed home in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Business Bay.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Four57New to resale
2Regalia By Deyaar37New to resale
3Peninsula Three321.2×
4Peninsula Two225.9×
5Aykon City Tower C181.0×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 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.

Buying in The Paragon by IGO? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

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

Sam McCone

Sam McCone

Buying off-plan