{
    "entity_type": "real_estate_project",
    "name": "The Paragon by IGO",
    "url": "https://continentalclub.ae/ru/project/the-paragon-by-igo-business-bay-ru/",
    "language": "ru",
    "developer": {
        "name": "Invest Group Overseas (IGO)",
        "url": "https://continentalclub.ae/ru/developers/invest-group-overseas-igo-ru/",
        "registry_name": "IGO RED Real Estate Development"
    },
    "location": {
        "community": "Business Bay",
        "url": "https://continentalclub.ae/location/business-bay/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "2402",
        "status": "Сдан",
        "completion_percent": 100,
        "inspection_date": "2025-05-13",
        "escrow_bank": "Dubai Islamic Bank",
        "units_in_registry": 330,
        "inspections": [
            {
                "date": "2023-02-09",
                "completion_percent": 9.35
            },
            {
                "date": "2023-07-04",
                "completion_percent": 14.59
            },
            {
                "date": "2023-10-02",
                "completion_percent": 21.04
            },
            {
                "date": "2024-02-14",
                "completion_percent": 32.02
            },
            {
                "date": "2024-06-05",
                "completion_percent": 53.2
            },
            {
                "date": "2024-09-18",
                "completion_percent": 65.74
            },
            {
                "date": "2025-05-13",
                "completion_percent": 100
            }
        ],
        "pace": null
    },
    "commercial": {
        "starting_price_aed": 760000,
        "price_origin": "developer",
        "currency": "AED",
        "units": 330,
        "handover": "Q2 2025",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": null,
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": {
        "origin": "registry",
        "rows": [
            {
                "type": "Studio",
                "bedrooms": 0,
                "units": 56,
                "size_sqft_min": 408,
                "size_sqft_max": 439,
                "price_from_aed": null
            },
            {
                "type": "1 B/R",
                "bedrooms": 1,
                "units": 234,
                "size_sqft_min": 634,
                "size_sqft_max": 907,
                "price_from_aed": null
            },
            {
                "type": "2 B/R",
                "bedrooms": 2,
                "units": 28,
                "size_sqft_min": 1272,
                "size_sqft_max": 1567,
                "price_from_aed": null
            },
            {
                "type": "3 B/R",
                "bedrooms": 3,
                "units": 6,
                "size_sqft_min": 2536,
                "size_sqft_max": 2587,
                "price_from_aed": null
            }
        ]
    },
    "dld_sales": {
        "deals": 452,
        "first_year": 2017,
        "last_year": 2026,
        "median_aed_sqm": 18569,
        "resale_share_pct": 12,
        "yoy_change_pct": 9,
        "deals_last_12m": 35,
        "gross_yield_pct": 6.3,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "Studio",
                "deals": 76,
                "median_price_aed": 866091,
                "median_size_sqm": 40,
                "aed_per_sqm": 21652
            },
            {
                "type": "1 bedroom",
                "deals": 327,
                "median_price_aed": 1189194,
                "median_size_sqm": 63,
                "aed_per_sqm": 18876
            },
            {
                "type": "2 bedrooms",
                "deals": 37,
                "median_price_aed": 1997583,
                "median_size_sqm": 122,
                "aed_per_sqm": 16374
            },
            {
                "type": "3 bedrooms",
                "deals": 6,
                "median_price_aed": 4000000,
                "median_size_sqm": 245,
                "aed_per_sqm": 16327
            }
        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-10-23",
        "sales": {
            "records": 452,
            "first_date": "2017-11-06",
            "last_date": "2026-10-12",
            "last_12m": {
                "n": 35,
                "median_price_aed": 1430000,
                "median_aed_sqm": 22838,
                "median_aed_sqft": 2122,
                "resale_share_pct": 100
            },
            "previous_12m": {
                "n": 45,
                "median_price_aed": 1400000,
                "median_aed_sqm": 21030,
                "median_aed_sqft": 1954,
                "resale_share_pct": 44
            },
            "change_aed_sqm_last_12m_vs_previous_pct": 9,
            "by_year": [
                {"period":"2017","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2022","n":251,"median_price_aed":1127492,"median_aed_sqm":17249,"median_aed_sqft":1602,"resale_share_pct":0},
                {"period":"2023","n":83,"median_price_aed":1199238,"median_aed_sqm":18623,"median_aed_sqft":1730,"resale_share_pct":0},
                {"period":"2024","n":47,"median_price_aed":1230000,"median_aed_sqm":20200,"median_aed_sqft":1877,"resale_share_pct":0},
                {"period":"2025","n":48,"median_price_aed":1400000,"median_aed_sqm":22565,"median_aed_sqft":2096,"resale_share_pct":69},
                {"period":"2026","n":22,"median_price_aed":1430000,"median_aed_sqm":22204,"median_aed_sqft":2063,"resale_share_pct":100}
            ],
            "by_quarter": [
                {"period":"2017-Q4","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2022-Q3","n":93,"median_price_aed":1086294,"median_aed_sqm":16676,"median_aed_sqft":1549,"resale_share_pct":0},
                {"period":"2022-Q4","n":158,"median_price_aed":1154574,"median_aed_sqm":17765,"median_aed_sqft":1650,"resale_share_pct":0},
                {"period":"2023-Q1","n":51,"median_price_aed":1176088,"median_aed_sqm":18910,"median_aed_sqft":1757,"resale_share_pct":0},
                {"period":"2023-Q2","n":15,"median_price_aed":1256000,"median_aed_sqm":20426,"median_aed_sqft":1898,"resale_share_pct":0},
                {"period":"2023-Q3","n":10,"median_price_aed":1280000,"median_aed_sqm":17262,"median_aed_sqft":1604,"resale_share_pct":0},
                {"period":"2023-Q4","n":7,"median_price_aed":1153000,"median_aed_sqm":18431,"median_aed_sqft":1712,"resale_share_pct":0},
                {"period":"2024-Q1","n":13,"median_price_aed":1180000,"median_aed_sqm":19375,"median_aed_sqft":1800,"resale_share_pct":0},
                {"period":"2024-Q2","n":17,"median_price_aed":1220000,"median_aed_sqm":21102,"median_aed_sqft":1960,"resale_share_pct":0},
                {"period":"2024-Q3","n":4,"median_price_aed":1205000,"median_aed_sqm":19215,"median_aed_sqft":1785,"resale_share_pct":0},
                {"period":"2024-Q4","n":13,"median_price_aed":1280000,"median_aed_sqm":20053,"median_aed_sqft":1863,"resale_share_pct":0},
                {"period":"2025-Q1","n":8,"median_price_aed":2020000,"median_aed_sqm":19166,"median_aed_sqft":1781,"resale_share_pct":0},
                {"period":"2025-Q2","n":13,"median_price_aed":1389000,"median_aed_sqm":22590,"median_aed_sqft":2099,"resale_share_pct":46},
                {"period":"2025-Q3","n":10,"median_price_aed":1494000,"median_aed_sqm":21121,"median_aed_sqft":1962,"resale_share_pct":100},
                {"period":"2025-Q4","n":17,"median_price_aed":1400000,"median_aed_sqm":22838,"median_aed_sqft":2122,"resale_share_pct":100},
                {"period":"2026-Q1","n":12,"median_price_aed":1430000,"median_aed_sqm":23052,"median_aed_sqft":2142,"resale_share_pct":100},
                {"period":"2026-Q2","n":6,"median_price_aed":1500000,"median_aed_sqm":23618,"median_aed_sqft":2194,"resale_share_pct":100},
                {"period":"2026-Q3","n":3,"median_price_aed":1250000,"median_aed_sqm":20539,"median_aed_sqft":1908,"resale_share_pct":100},
                {"period":"2026-Q4","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 248,
            "first_date": "2025-06-05",
            "last_date": "2026-10-15",
            "last_12m": {
                "n": 177,
                "median_annual_rent_aed": 90000,
                "median_rent_aed_sqm_year": 1438
            },
            "previous_12m": {
                "n": 71,
                "median_annual_rent_aed": 110000,
                "median_rent_aed_sqm_year": 1690
            },
            "by_year": [
                {"period":"2025","n":123,"median_annual_rent_aed":103000,"median_rent_aed_sqm_year":1690},
                {"period":"2026","n":125,"median_annual_rent_aed":83000,"median_rent_aed_sqm_year":1325}
            ],
            "by_quarter": [
                {"period":"2025-Q2","n":2,"median_annual_rent_aed":null,"median_rent_aed_sqm_year":null},
                {"period":"2025-Q3","n":46,"median_annual_rent_aed":105000,"median_rent_aed_sqm_year":1695},
                {"period":"2025-Q4","n":75,"median_annual_rent_aed":100000,"median_rent_aed_sqm_year":1678},
                {"period":"2026-Q1","n":37,"median_annual_rent_aed":105000,"median_rent_aed_sqm_year":1612},
                {"period":"2026-Q2","n":22,"median_annual_rent_aed":75000,"median_rent_aed_sqm_year":1258},
                {"period":"2026-Q3","n":53,"median_annual_rent_aed":80000,"median_rent_aed_sqm_year":1312},
                {"period":"2026-Q4","n":13,"median_annual_rent_aed":79572,"median_rent_aed_sqm_year":1275}
            ],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-10-12","type":"1 B/R","bedrooms":1,"area_sqm":60.9,"price_aed":1048706,"aed_per_sqm":17231,"market":"resale"},
            {"date":"2026-07-13","type":"Studio","bedrooms":0,"area_sqm":39.3,"price_aed":930000,"aed_per_sqm":23658,"market":"resale"},
            {"date":"2026-07-10","type":"1 B/R","bedrooms":1,"area_sqm":60.9,"price_aed":1250000,"aed_per_sqm":20539,"market":"resale"},
            {"date":"2026-07-08","type":"1 B/R","bedrooms":1,"area_sqm":80.1,"price_aed":1440000,"aed_per_sqm":17973,"market":"resale"},
            {"date":"2026-06-17","type":"2 B/R","bedrooms":2,"area_sqm":140.5,"price_aed":2700000,"aed_per_sqm":19224,"market":"resale"},
            {"date":"2026-06-04","type":"1 B/R","bedrooms":1,"area_sqm":60.7,"price_aed":1285000,"aed_per_sqm":21156,"market":"resale"},
            {"date":"2026-04-28","type":"1 B/R","bedrooms":1,"area_sqm":55.7,"price_aed":1380000,"aed_per_sqm":24776,"market":"resale"},
            {"date":"2026-04-27","type":"1 B/R","bedrooms":1,"area_sqm":63.5,"price_aed":1500000,"aed_per_sqm":23618,"market":"resale"},
            {"date":"2026-04-16","type":"2 B/R","bedrooms":2,"area_sqm":118.2,"price_aed":2270000,"aed_per_sqm":19210,"market":"resale"},
            {"date":"2026-04-09","type":"1 B/R","bedrooms":1,"area_sqm":60.7,"price_aed":1490000,"aed_per_sqm":24531,"market":"resale"},
            {"date":"2026-03-30","type":"Studio","bedrooms":0,"area_sqm":39.6,"price_aed":970000,"aed_per_sqm":24489,"market":"resale"},
            {"date":"2026-03-26","type":"1 B/R","bedrooms":1,"area_sqm":84.7,"price_aed":2020000,"aed_per_sqm":23838,"market":"resale"},
            {"date":"2026-03-18","type":"1 B/R","bedrooms":1,"area_sqm":60.4,"price_aed":1340000,"aed_per_sqm":22204,"market":"resale"},
            {"date":"2026-03-09","type":"3 B/R","bedrooms":3,"area_sqm":240.2,"price_aed":4133000,"aed_per_sqm":17206,"market":"resale"},
            {"date":"2026-02-10","type":"1 B/R","bedrooms":1,"area_sqm":60.9,"price_aed":1430000,"aed_per_sqm":23497,"market":"resale"},
            {"date":"2026-02-09","type":"1 B/R","bedrooms":1,"area_sqm":60.4,"price_aed":1250000,"aed_per_sqm":20713,"market":"resale"},
            {"date":"2026-02-04","type":"1 B/R","bedrooms":1,"area_sqm":69.7,"price_aed":1400000,"aed_per_sqm":20080,"market":"resale"},
            {"date":"2026-01-28","type":"Studio","bedrooms":0,"area_sqm":37.9,"price_aed":990000,"aed_per_sqm":26149,"market":"resale"},
            {"date":"2026-01-26","type":"1 B/R","bedrooms":1,"area_sqm":59.4,"price_aed":1370000,"aed_per_sqm":23052,"market":"resale"},
            {"date":"2026-01-20","type":"1 B/R","bedrooms":1,"area_sqm":79.8,"price_aed":2020000,"aed_per_sqm":25323,"market":"resale"}
        ],
        "recent_rents": [
            {"date":"2026-10-15","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":240.3,"annual_rent_aed":235000,"aed_per_sqm_year":978},
            {"date":"2026-10-11","type":"Studio","bedrooms":0,"area_sqm":40,"annual_rent_aed":65000,"aed_per_sqm_year":1625},
            {"date":"2026-10-10","type":"Studio","bedrooms":0,"area_sqm":40,"annual_rent_aed":57000,"aed_per_sqm_year":1425},
            {"date":"2026-10-10","type":"Studio","bedrooms":0,"area_sqm":37.9,"annual_rent_aed":55000,"aed_per_sqm_year":1453},
            {"date":"2026-10-07","type":"1bed room+Hall","bedrooms":1,"area_sqm":71.4,"annual_rent_aed":79572,"aed_per_sqm_year":1114},
            {"date":"2026-10-07","type":"Studio","bedrooms":0,"area_sqm":39.9,"annual_rent_aed":80000,"aed_per_sqm_year":2007},
            {"date":"2026-10-05","type":"1bed room+Hall","bedrooms":1,"area_sqm":60.8,"annual_rent_aed":90000,"aed_per_sqm_year":1480},
            {"date":"2026-10-02","type":"1bed room+Hall","bedrooms":1,"area_sqm":62.7,"annual_rent_aed":80000,"aed_per_sqm_year":1275},
            {"date":"2026-10-02","type":"1bed room+Hall","bedrooms":1,"area_sqm":80.5,"annual_rent_aed":75000,"aed_per_sqm_year":931},
            {"date":"2026-10-01","type":"1bed room+Hall","bedrooms":1,"area_sqm":61.7,"annual_rent_aed":75000,"aed_per_sqm_year":1216}
        ],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/ru/metodika/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/ru/project/the-paragon-by-igo-business-bay-ru.md",
    "updated_at": "2026-10-19",
    "translations": {
        "ru": "https://continentalclub.ae/ru/project/the-paragon-by-igo-business-bay-ru/",
        "en": "https://continentalclub.ae/project/the-paragon-by-igo-business-bay/"
    }
}