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The Paragon By IGO

by Igo Real Estate Development - Fz Business Bay

About The Paragon By IGO

The Paragon By IGO is a residential tower by Igo Real Estate Development - Fz, in Business Bay, Dubai. It rises 24 storeys (4 basement levels, a ground floor, 23 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 328 homes.

Key information

Developer
Igo Real Estate Development - Fz
Handover
Q4 2024
Status
Handed over
Location
Business Bay, Dubai
Master project
Business Bay
Construction started
2022
Number of buildings
1
Number of units
328
Registered with DLD
13 Jun 2022
Escrow bank
Dubai Islamic Bank
Escrow account no.
001582277913201
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2022
  2. Handed over
    Q4 2024

Construction progress

61 inspection photos from the Dubai Land Department. Latest 13 May 2025 at 100% complete.

The Paragon By IGO construction — photo 1
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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
6 Elevators
28 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
450
Median price
AED 1.2M
Median price / sqft
AED 2K+25%
Off-plan share
88%

Priced 2% above than the Business Bay median of AED 2K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio76434 sqftAED 879KAED 2K
1 Bed326725 sqftAED 1.2MAED 2K
2 Bed371,394 sqftAED 2.0MAED 1K
3 Bed62,394 sqftAED 3.8MAED 2K

Price per sqft by year

+25% since 2022

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
13 Jul 2026Resale423 sqftAED 930KAED 2K
10 Jul 2026Resale655 sqftAED 1.3MAED 2K
08 Jul 2026Resale862 sqftAED 1.4MAED 2K
17 Jun 2026Resale1,512 sqftAED 2.7MAED 2K
04 Jun 2026Resale654 sqftAED 1.3MAED 2K
28 Apr 2026Resale600 sqftAED 1.4MAED 2K
27 Apr 2026Resale684 sqftAED 1.5MAED 2K
16 Apr 2026Resale1,272 sqftAED 2.3MAED 2K

Unit mix

330 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Commercial6-
Studio56407 - 442 sqft
1 B/R234595 - 914 sqft
2 B/R281,216 - 1,568 sqft
3 B/R62,519 - 2,587 sqft

Payment plan

Payment plans are set by Igo Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Business Bay, Dubai.

Business Bay

Dubai, United Arab Emirates

Frequently asked questions

The Paragon By IGO has already been handed over (Q4 2024), according to Dubai Land Department records.

Other new projects in Business Bay

More off-plan launches around Business Bay.

Handover Q4 2024100% complete

The Paragon By IGO

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