Developer: IGO RED Real Estate Development · Business Bay

The Paragon by IGO

The Paragon by IGO is a residential project by IGO RED Real Estate Development in Business Bay, Dubai, with prices from AED 760 000, handover Q2 2025, 330 units.

Price fromAED 760 000
HandoverQ2 2025
Units330

Handover date & construction progress

100%
  • StatusReady
  • Construction started2022-06-10
  • HandoverQ2 2025
  • Status date13.05.2025
  • DLD project number2402

Data from the Dubai Land Department project registry (updated 08.09.2026 09:55).

Construction progress 61
13 May 2025 100.00%
The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 1 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 2 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 3 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 4 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 5 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 6 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 7 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 8 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 9 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 10 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 11 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 12 of 13The Paragon by IGO, Business Bay construction progress — 13 May 2025, 100.00% complete, photo 13 of 13

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Registered transactions in The Paragon by IGO

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

503deals since 2017
18 031AED per m², median
21%resale, the rest bought from the developer
-4%over the past year
8.1%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +4% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio40866 09121 65280
1 bedroom641 176 08818 376363
2 bedrooms1221 996 88116 36844
3 bedrooms2404 133 00017 2219

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +11% on the price per square metre in this building. The district moved +36% over the same period, so the building lagged the market.

17 2492022
18 6232023
20 2002024
19 14920251 6908.8%
19 5912026*1 3146.7%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Places nearby

The Paragon by IGO

About the project

The Paragon by IGO is a new residential development located in the heart of Business Bay, Dubai. With its prime location and uninterrupted water views, the project offers a unique living experience.

About the Project

The Paragon by IGO is an ambitious residential development by IGO RED Real Estate Development. Situated in the community of Business Bay, this project is designed to offer a blend of urban convenience and serene water views. The development consists of 21 floors, providing ample residential options for prospective buyers. Its proximity to the Dubai Canal enhances the appeal, making it a sought-after location for those looking to reside in one of Dubai’s most dynamic neighborhoods.

Apartment Options

The Paragon offers a selection of apartment types to suit varying needs. The options include studios starting at 416 sq ft, one-bedroom units at 596 sq ft, executive one-bedroom apartments at 723 sq ft, two-bedroom units at 1281 sq ft, and expansive three-bedroom apartments at 2382 sq ft. Prices start at AED 760,000, making these units accessible for both singles and families.

Amenities and Surroundings

Residents of The Paragon will enjoy a range of amenities designed for comfort and leisure. Facilities include outdoor resort-style pools, a gym, an open-air yoga deck, and a landscape garden deck. For social gatherings, there is a barbecue area and a poolside juice bar. The development also offers a café, co-working space, multipurpose room, private residence cinema, golf simulator, squash court, and a pet grooming salon. Nearby, Burj Khalifa and Dubai Mall are just a 2-minute drive away, while Mall of the Emirates can be reached in 10 minutes, and Dubai International Airport in 20 minutes.

Buying and Payment Plans

Currently, the developer has not published a payment plan for The Paragon. For prospective buyers, staying in touch with the developer or real estate agents will ensure you receive the latest updates on any future announcements regarding payment options. The project is designed for those looking to invest in a community with amenities and convenient access to some of Dubai’s key attractions.

Floor plans, the current price list and the payment plan for this project are available on request. Contact a Continental Club Property broker (RERA 31933) to check availability and book a viewing.

Service charge, 2026

Approved rate19.51 AED▼ -23.3% per sq ft per year · 210 AED/m²
General / reserve fund19.12 / 0.39AED/sq ft · additional 135.92
vs Business Bay median▼ -2.3%median 19.97 · rank 33/82
A 1,000 sq ft unit≈ 19,510 AEDper year · ≈ $5,312

Managed by Mansions Owners Association Management · budget 1 Jan 2026 — 31 Dec 2026

History, budget breakdown and nearby buildings →

RERA-approved budget from the DLD service charge index (Mollak) for “The Paragon By Igo”. Total is the general and reserve funds; additional charges are separate.

Frequent questions

Where is The Paragon by IGO located?
The Paragon by IGO is located in Business Bay, Dubai. The project is developed by IGO RED Real Estate Development.
Who is the developer of The Paragon by IGO?
IGO RED Real Estate Development is the developer behind this project.
How much does an apartment in The Paragon by IGO cost?
Prices start from AED 760 000. Contact our broker via the form on this page for exact pricing and available layouts.
What is the handover date of The Paragon by IGO?
The expected handover date is Q2 2025. Construction is 100% complete per the latest DLD inspection (13.05.2025).
How can I buy an apartment in The Paragon by IGO?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

Nearby projects

Get the presentation and prices

We will send floor plans, the payment plan and available units for this project.

By submitting the form you agree to the processing of your contact details.

Project data comes from the Dubai Land Department (DLD) registry.

Request
Request