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The Paragon by IGO

A 1 bed in The Paragon by IGO costs a median AED 1.40M, rents long-let for AED 103,000/yr (8.02% gross), and returns 12.89% short-let at the assumed 80% occupancy — +0.9 pts vs Business Bay's 7.14% and +1.0 pts vs Dubai's 6.98% — from 63 sales and 149 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
30 in 12 months
Rental contracts · 1 bed
141 in 12 months
Buy
1.40MAED
AED 2,129/sqft
Long-let
103,000AED
AED 144/sqft · 8.02%
Short-let
12.89%
AED 778/night · 1.14/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 3 sales in the last 3 months.

Yield spread
+0.9 pts
vs the Business Bay median for this unit type
AED/yr/sqft
AED 144
Sales
63
Rental contracts
149
Short-let listings seen
11+
12 months
+0.5%

Based on 63 sales and 149 rental contracts in the last 24 months.

The Paragon by IGO is an apartment building in Business Bay, Dubai, one of the towers in the The Paragon By IGO development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2022 to 2026, 890 registered sales in all — the 63 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 75,0001747.58%
-0.0 pts
43
1 bedAED 103,0001448.02%
+0.9 pts
149
2 bedAED 150,0001166.82%
+0.2 pts
11
3 bedAED 250,000974

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around The Paragon by IGO

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4571.07AED 105,609AED 75,0001.4×10.89%9+
1 bed7781.14AED 180,485AED 103,0001.8×12.89%11+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.79 AED/night/sqft; latest Sep 2027, 0.5 AED/night/sqft; peak Jan 2027, 2.14 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because The Paragon by IGO itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

41 resales in the last 12 months, against 58 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
13 Jul 2026Studio423AED 930,0002,198
10 Jul 20261 bed655AED 1,250,0001,908
8 Jul 20261 bed862AED 1,440,0001,670
17 Jun 20262 bed1,512AED 2,700,0001,786
4 Jun 20261 bed654AED 1,285,0001,965

5 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
31 Aug 20261 bed867AED 85,00098New
26 Aug 20261 bed862AED 80,00093New
22 Aug 20261 bed913AED 80,00088New
22 Aug 2026Studio408AED 55,000135New
20 Aug 20261 bed654AED 75,000115New
9 Aug 20261 bed913AED 80,00088New
5 Aug 20261 bed655AED 75,000114New
2 Aug 20261 bed654AED 77,791119New
1 Aug 20261 bed860AED 85,00099New
1 Aug 20261 bed787AED 75,00095New
1 Aug 20261 bed861AED 100,000116New
31 Jul 20261 bed600AED 78,000130New
28 Jul 20261 bed859AED 83,00097New
22 Jul 20261 bed867AED 80,00092New
15 Jul 20261 bed654AED 70,000107New
12 Jul 20261 bed655AED 80,000122New
5 Jul 20263 bed2,586AED 280,000108New
5 Jul 2026Studio430AED 55,000128New
1 Jul 20261 bed867AED 75,00087New
1 Jul 20261 bed707AED 85,000120New
1 Jul 20261 bed639AED 80,000125New
1 Jul 20261 bed631AED 75,000119New
30 Jun 20261 bed600AED 73,000122New
29 Jun 20262 bed1,567AED 149,00095New
21 Jun 20261 bed650AED 80,000123New
20 Jun 20263 bed2,586AED 210,00081New
19 Jun 20261 bed650AED 71,500110New
14 Jun 20261 bed912AED 75,00082New
11 Jun 20261 bed635AED 68,000107New
10 Jun 20261 bed635AED 69,000109New
8 Jun 20261 bed654AED 80,400123New
8 Jun 20261 bed664AED 75,000113New
1 Jun 20261 bed770AED 80,000104New
1 Jun 20261 bed787AED 70,00089New
31 May 20261 bed747AED 72,00096New

35 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
28
Lifts
6
Parking bays
427
Swimming pools
1

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in The Paragon by IGO?
The Paragon by IGO returns 8.02% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 149 rental contracts registered in the last 24 months.
How much does a 1 bedroom in The Paragon by IGO cost?
The median registered sale price is AED 1.40M (2,046 AED/sqft), from 63 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Paragon by IGO selling for right now?
Registered sales of ready units in The Paragon by IGO over the last 6 months have a median of 2,129 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Paragon by IGO risen or fallen?
Median price per square foot moved +8.4% over the last 12 months against the 12 before it, on 63 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Paragon by IGO compare with Business Bay?
Its 8.02% gross yield sits +0.9 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

The Paragon by IGO rental record

Record type
Building-level property market record
Data date
Evidence base
149 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/business-bay/the-paragon-by-igo
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Paragon by IGO rents and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/the-paragon-by-igo.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.