What is the registered annual rent for a 1 bedroom in The Paragon by IGO?

The median new annual rent is AED 95,000, from 136 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in The Paragon by IGO risen or fallen?

The median new annual rent changed -13.5% in the trailing 12 months against the previous 12, using 136 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in The Paragon by IGO pay more than sitting ones?

A new tenant pays -8.2% against a renewing one, across 16 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in The Paragon by IGO?

24 sales were registered with the Dubai Land Department in the last 12 months, alongside 136 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to The Paragon by IGO?

Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Ejari leases to 12 Oct 2026

The Paragon by IGO rents

190 new leases and 16 renewals in 12 months
324 units
Business Bay
near Business Bay Metro Station

A one-bed here leases for about AED 95,000 a year, 2% below the typical Business Bay one-bed. Renewing tenants pay more than new ones: AED 103,500.

1 bed · typical new lease

95,000AEDa year

AED 126/sqft · -13.5% on a year

A month, roughly: AED 7,917
Renewal: AED 103,500
vs Business Bay 1 bed: 2% below the median
New leases, 12 months: 136

Ask an agent about this rent

Buying instead? The Paragon by IGO sale prices →

What should a lease in The Paragon by IGO cost?A one-bed leases for about AED 95,000 a year; renewing tenants pay 8.9% more than new ones

Type	New lease	vs Business Bay	Leases
Studio	71,500167/sqft	—	4% moretypical 69,000	42
1 bedmost leased	95,000126/sqft	103,50016 renewals	2% lesstypical 96,500	136
2 bed	150,000112/sqft	—	7% moretypical 140,000	10
3 bed	245,00095/sqft	—	23% moretypical 200,000	2

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 13.5% less than a year earlier: AED 95,000 against 109,853.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
11 Oct 2026	Studio	431	AED 65,000	151	New
10 Oct 2026	Studio	408	AED 55,000	135	New
10 Oct 2026	Studio	431	AED 57,000	132	New
10 Oct 2026	1 bed	1,275	AED 95,000	75	New
7 Oct 2026	1 bed	769	AED 79,572	104	New
7 Oct 2026	Studio	429	AED 80,000	186	New
5 Oct 2026	1 bed	654	AED 90,000	138	New
2 Oct 2026	1 bed	867	AED 75,000	87	New
2 Oct 2026	1 bed	675	AED 80,000	118	New
1 Oct 2026	1 bed	664	AED 75,000	113	New

Showing the 60 most recent of 206 contracts starting on or after 12 Oct 2025.

About The Paragon by IGOA 28-floor tower in Business Bay, a 10-minute drive from DIFC

The Paragon by IGO is an apartment building completed in 2024 in Business Bay. 206 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors: 28
Lifts: 6
Parking bays: 427
Pools: 1

Drive times · typical

Downtown: 13 min · 5.0 km
DXB Airport: 15 min · 15 km
DIFC: 10 min · 8.4 km
Dubai Marina: 19 min · 21 km
Palm Jumeirah: 25 min · 25 km

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Letting a unit in The Paragon by IGO?64% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay less than renewing ones

Units on a yearly lease: 64%Strength; Business Bay median 41%; top tenth from 69%
New tenant vs renewal: -13.0%; New leases AED 90,000, renewals 103,500, all types
Short-let instead, one-bed: AED 778; a night on Airbnb; nets 1.7× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? The Paragon by IGO sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. The Paragon by IGO places 25th of 100; the nearest 8 are shown.

Highest rental yields in Business Bay →

Rank	Building	Median rent	12-month change	Contracts
21	Binghatti Canal	AED 105,000	146+8.0%	-6.3%	97
22	The Pad	AED 95,000	144+6.8%	-9.5%	83
23	MAG 318	AED 77,500	141+4.7%	-3.1%	222
24	Reva Residences	AED 75,000	138+2.7%	-4.9%	279
25	The Paragon by IGO · this building	AED 90,000	135	-14.3%	190
26	Urban Oasis	AED 113,000	135-0.2%	-5.8%	167
27	Paramount Tower Hotel & Residences	AED 151,193	134-0.4%	-16.0%	184
28	SLS Dubai Hotel & Residences	AED 146,803	134-0.8%	-2.1%	140
29	J One - 1	AED 104,000	133-1.4%	-0.9%	34

Rank 1 is the dearest per square foot. Differences are against The Paragon by IGO.

At 1 bed, The Paragon by IGO ranks 27th of 91 by rent per square foot and 32nd of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted

Find service-charge budget evidence for The Paragon by IGO

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Business Bay

Every building in Business Bay →

Prices per sq ft around The Paragon by IGO, on the map

Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · The Paragon by IGO is the inverted pinOpen in Apple Maps

Peninsula Three

Business Bay · 441 contracts, 12 months

100,000

AED a year median · 162/sqft

Prive by DAMAC (B)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Prive by DAMAC (A)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Amna Tower

Business Bay · 406 contracts, 12 months

135,000

AED a year median · 106/sqft

Ask about The Paragon by IGO

Looking to buy or rent here? Tell us what you need: unit type, budget, timing.

We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.

Common questions

What is the registered annual rent for a 1 bedroom in The Paragon by IGO?: The median new annual rent is AED 95,000, from 136 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in The Paragon by IGO risen or fallen?: The median new annual rent changed -13.5% in the trailing 12 months against the previous 12, using 136 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in The Paragon by IGO pay more than sitting ones?: A new tenant pays -8.2% against a renewing one, across 16 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in The Paragon by IGO?: 24 sales were registered with the Dubai Land Department in the last 12 months, alongside 136 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to The Paragon by IGO?: Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

For agents

Send this page to a client as a branded report

Create client report

The Paragon by IGO rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 136 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/the-paragon-by-igo

Stable dataJSON