The Paragon By IGO
ResaleDeveloperIGO REAL ESTATE DEVELOPMENT - FZ
CommunityBusiness Bay
AreaBusiness Bay
Started
3 years 7 months ago10-06-2022
Handover
1 year ago31-12-2024
Status
CompleteFinished
Project Description
4B+G+23F+R,Residential.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 2,154/sqft
Last 12M:AED 2,116/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DBusiness Bay
Discount-21%
Below AvgProject:AED 2,103/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
27Sold (Last 12M)
Supply & Demand Matrix
The Paragon By IGO averaged 8% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
56 units
2 sold54 left
4%
Velocity
1 Bedroom
234 units
22 sold212 left
9%
Velocity
2 Bedrooms
28 units
1 sold27 left
4%
Velocity
3 Bedrooms
6 units
2 sold4 left
33%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Office
1 units
0 sold1 left
0%
Velocity
Layouts & Units (328)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 3-9 | Inventory 56units 13 layouts · Typically 1 parking 4-6 sqm balcony | Size Range 407-451sqft | Price Range AED 1.0M - AED 1.1M | Avg PSF 2,019 | Sales 2 | Trend — | |
Asset Class 1 Bed FlatFloors 3-23 | Inventory 234units 59 layouts · Typically 1 parking 6-36 sqm balcony | Size Range 444-934sqft | Price Range AED 1.3M - AED 2.0M | Avg PSF 1,659 | Sales 22 | Trend — | |
Asset Class 2 Bed FlatFloors 10-23 | Inventory 28units 13 layouts · Typically 1.1 parking 20-54 sqm balcony | Size Range 1,216-1,602sqft | Price Range AED 2.1M - AED 2.1M | Avg PSF 1,412 | Sales 1 | Trend — | |
Asset Class 3 Bed FlatFloors 18-23 | Inventory 6units 3 layouts · Typically 2.3 parking 44-50 sqm balcony | Size Range 1,293-2,633sqft | Price Range AED 2.3M - AED 5.0M | Avg PSF 1,636 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 51,569-51,569sqft | Price Range AED 5.9M - AED 60.0M | Avg PSF 678 | Sales 2 | Trend — | |
Asset Class OfficePodium | Inventory 1units Typically 17 parking ~168 sqm balcony | Size Range 12,037-12,037sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 3 parking | Size Range 793-2,791sqft | Price Range — | Avg PSF 2,263 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 328 units