The Paragon by IGO: Apartments in the Heart of Business Bay
Invest Group Overseas built The Paragon as a residential tower in Business Bay, one of Dubai's central urban districts. The building offers apartments across four unit types, from compact studios to three-bedroom homes, served by an extensive list of 27 amenities. The pricing and payment structure tell a clear story about who this building targets and how buyers can access it.
The detail that stands out first is the entry requirement: 10% down payment. That gives buyers genuine flexibility. Committing a tenth of the purchase price at signing preserves capital while the construction period runs. That matters because the balance structure places a significant 50% due at handover.
Business Bay and What It Means Day-to-Day
Business Bay sits directly south of Downtown Dubai. The Burj Khalifa and Dubai Mall are a short drive away. The Business Bay metro station connects residents to the rest of the city without needing a car. The Dubai Canal runs through the district, adding a waterfront dimension to a dense grid of residential towers and commercial offices. For someone working in the commercial core of Dubai, this address removes the commute problem entirely.
A Range That Tells You Exactly Who This Is For
The price spread runs from AED 865,265 to AED 3,962,500. That is a wide range, and the unit breakdown explains it clearly. These are not variations of the same product priced differently. Studios, one-beds, two-beds, and three-beds each occupy distinct tiers with different buyer profiles.
At the low end sit the studios: four layout variants all priced at the same entry point, ranging from 416 to 430 sq ft. These suit buyers who want Business Bay market exposure with the smallest possible capital commitment. Yield-focused investors and first-time buyers will look most seriously at this tier.
One-bedroom units cluster at AED 1,228,277 across more than a dozen layout variants, with sizes from 596 to 773 sq ft. The variety in layouts suggests the floor plate has different aspects and orientations. The amenity data confirms water views and landmark views are available in the building, so view preference is a real differentiator here.
Two-bedroom units start at AED 2,222,670 with sizes from 1,222 to 1,378 sq ft. This bracket works for couples who need a dedicated workspace, or investors targeting tenants who require a room to work from home. The size range within this tier lets buyers choose between a more efficient layout and a more generous one.
At the top, the three-bedroom at 2,382 sq ft prices at AED 3,962,500. That is family-scale space for a buyer who wants the Business Bay address with room to grow.
What 27 Amenities Signal
| Category | Amenities |
|---|---|
| Fitness & Wellness | Gymnasium, Shared Gym, Private Gym, Yoga Room, Shared Spa, Private Jacuzzi, Well-being and Fitness |
| Dining | Cafe and Restaurants, Restaurants |
| Pool & Outdoor | Shared Pool, Children's Pool, Children's Play Area, Barbecue Area, Private Garden, Balcony |
| Services | Concierge, Maid Service, Security, Lobby in Building |
| Practical | Covered Parking, Central A/C, Kitchen Appliances, Built-in Wardrobes, Walk-in Closet |
| Views & Policy | View of Water, View of Landmark, Pets Allowed |
The standout items are the private gym, private jacuzzi, and private garden options. These are unit-level features in select apartments, not shared facilities available to all residents. That separates the higher-spec units from what a standard shared amenity floor would offer.
The wellness stack across gym, yoga, spa, and jacuzzi points to a building targeting residents for whom fitness access is a baseline requirement. The pets-allowed policy and children's facilities reinforce this: The Paragon attracts longer-stay residents, not short-term renters cycling through.
Construction and Delivery
Construction started in June 2022. The expected completion date was December 2024, which has now passed. The project may already be in handover or fully completed.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down Payment | 10% |
| During Construction | 40% |
| On Handover | 50% |
The 10% entry gives buyers access to this address with minimal capital tied up at signing. The structure then spreads 40% gradually through the construction period. The major call comes at handover: 50% of the purchase price is due when keys are handed over. On a studio at AED 865,265, that is roughly AED 432,000 at a single point in time. Buyers using mortgage financing need approval and drawdown timed to the handover event. Cash buyers need that capital ready at completion.
