The Paragon by IGO

Studios & 1–3BR Apartments

AED 970,00 K Starting price
Q1 2025 Handover
The Paragon by IGO

Buy studios and apartments in The Paragon by IGO by MAG Group, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 970,000
Location Business Bay
Developer MAG Group
Handover Q1 2025
Living Area 416 sq. ft. - 2,633 sq. ft.
Bedrooms 1-3 BR
ROI 6–7%

The Paragon by IGO is a luxurious 24-storey tower in the prestigious area of Business Bay. It is within a 10-minute drive from the iconic Burj Khalifa, Dubai Opera, and The Dubai Fountain

The Paragon by IGO is a modern complex in the heart of the dynamic area of Business Bay, next to the picturesque Dubai Water Canal. The stylish 24-storey glass tower is developed by MAG Group, known for its prestigious projects such as Keturah Reserve, Catch Residences, and MBL Signature. The complex offers a variety of residences from compact studios to spacious 1–3 bedroom apartments. Their areas range from 416 sq.ft to 2,633 sq.ft. Each real estate unit is distinguished by thoughtful layouts, panoramic windows that fill the space with natural light, modern kitchens with built-in appliances, and stylish bathrooms. Spacious balconies offer stunning views of the turquoise waters of Dubai Water Canal, the Dubai skyline, and green parklands. For maximum convenience, there is a 4-level underground parking. The convenient location of the complex allows you to get to Downtown Dubai and its main attractions in several minutes.

About The Paragon by IGO

Overview of The Paragon by IGO

Enjoy a world of sophisticated luxury in The Paragon by IGO. Nestled in the heart of Dubai's business district, it offers studios and luxury 1–3 bedroom residences

6–7%

Average ROI

8–9%

Maximum ROI

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Community

Business Bay is a dynamic and multifunctional area, where business activity harmoniously combines with dining venues, leisure options, and entertainment venues. The vibrant atmosphere of the area attracts young professionals and businessmen. Its proximity to Downtown Dubai, Sheikh Zayed Road, the metro station, and DIFC makes it especially popular among residents and guests of the emirate.

Well-developed transport infrastructure provides easy access to key business hubs and international airports. The area is an ideal choice for both business people and travellers. Families with children will appreciate the variety of educational institutions and medical clinics, located within a several-minute walk. In Business Bay, you can enjoy dinner in gourmet restaurants, relax in stylish bars, stroll along the picturesque embankment, and spend time with children in cozy parks. Business Bay is home to luxury hotels, elite real estate, and family-friendly activities. Here, you and your family will enjoy vibrant living.

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Interior

The interiors of the Paragon by IGO embody sophisticated elegance and modern comfort. A light colour palette with an accent on white and gray tones provides the residences with a sense of lightness and spaciousness. High-quality finishing made of marble and natural wood emphasize sophistication. Designer furniture and stylish decorative elements add individuality to each space. Residences look not only aesthetically pleasing but also cozy and comfortable.

Every detail in residences is thoughtfully designed for maximum functionality and convenience. Semi-closed kitchens with modern facades flow into spacious dining and living areas, perfect for family dinners and gatherings with friends. Bedrooms have access to terraces with stunning views of the turquoise waters of the canal and lush greenery. Built-in wardrobes and premium sanitary ware emphasize the high level of comfort that meets the expectations of the most demanding occupants.

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Infrastructure

The Paragon by IGO is conveniently located in the heart of Business Bay. Residents can easily get to key areas of Dubai. Within a 10-minute drive, you will get to Downtown Dubai, and a trip to Dubai Marina will take about 25 minutes. In terms of public transport, Mayfair Residency 1 and Volante Dubai Tower bus stops are a 10-minute walk away.

Families with children will appreciate the nearby educational facilities such as Hummingbird Nursery Bay Square, Blossom Design District Nursery, and Jumeirah International Nursery, reachable in a 10-minute drive. For shopping enthusiasts, Dubai Mall with over 1200 retail stores, 200 restaurants, Dubai Aquarium, and Dubai Ice Rink is nearby. Dubai Opera and the Museum of The Future are located within a 10-minute drive. City Walk and Jumeirah Open Beach are reachable in 15 minutes by car.

Overview

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Amenities of
The Paragon by IGO

Residents of The Paragon by IGO will have access to a wide range of premium amenities. These include

Infinity pool with sun loungers

Infinity pool with sun loungers

State-of-the-art gym

State-of-the-art gym

Communal terrace

Communal terrace

Pool bar
Outdoor yoga area
BBQ area Mini golf
Squash court
Grooming salon
Multi-level parking with smart access system
Wellness areas
Cafes and restaurants on the podium level
Lounge areas
24/7 security service
Concierge service
Gallery

The Paragon by IGO: Luxury Studios and 1–3 Bedroom Residences Close to Dubai Water Canal

Master Plan The Paragon by IGO

Master Plan The Paragon by IGO

Master Plan

Floor Plans The Paragon by IGO

Property Type
Bedrooms
Area
Starting Price
Apartments
1 Bedroom
from 596 sq. ft.
Ask for Price
1 Bedroom Apartments
Ask for Price 596 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,281 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 1,281 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
3 Bedrooms
from 2,382 sq. ft.
Ask for Price
3 Bedrooms Apartments
Ask for Price 2,382 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

Payment Plan
The Paragon by IGO

The MAG Group offers a flexible payment 60/40 plan on a 60/40 basis. A booking fee is 10%, 50% is paid in stages during the construction process, and the remaining 40% – upon completion of construction and handover

0% Comission
Direct Sales

Types of Payment Plan

1st Instalment 10% On Booking
2st Instalment 50% During construction
3st Instalment 40% Handover in Q1 2025
Learn More
Payment Plan

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
Gain access to unique investment opportunities and real estate properties that are not publicly listed.
The Paragon by IGO
About Us

Economic Attractiveness

Properties in The Paragon by IGO is an ideal choice for young professionals, businessmen, and anyone who value the comfort of living in the heart of Dubai's business hub

Get Full Investment Details

1,16 mln

Median price (AED)

1,670

Median price per sqft (AED)

392

Transactions

Source: Data taken from DXB for the last 3 years, overview - The Paragon by IGO

ROI 6–7%

The well-developed transport infrastructure of Business Bay provides easy access to any area of the emirate. It is especially important for those who lead an active professional life. Investments in The Paragon by IGO will be profitable due to the high demand for residences in this area. Once completed, you will be able to rent the real estate and get a stable income. The complex is located in a freehold zone, so foreign investors can buy properties here, as well as UAE citizens. The project is perfect for long-term investments or living if you plan to move to Dubai.

In Q1 2025, the minimum cost of a studio in The Paragon by IGO is AED 970K (USD 264K). A 1-bedroom apartment costs from AED 1.25M (USD 340K).

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For Rent

The projected ROI for a 1-bedroom apartment in The Paragon by IGO is 6–7%, which makes this project attractive to investors. Potential rental income starts from AED 100K (USD 27K) per year.

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For Living

The Paragon by IGO is a perfect choice for those who wish to enjoy comfortable urban living in one of the most prestigious areas of the emirate. The project stands out with its modern architecture, premium amenities, and an atmosphere of refined luxury. Its favourable location provides easy access to key sights and business hubs of Dubai. The project is ideal for active people who value convenience and high-class infrastructure.

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For Resale

Off-plan real estate in Dubai is a profitable investment opportunity. It can bring you about 15–20% profit upon resale of the residence after the completion of the project.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials The Paragon by IGO

Project Materials

Developer The Paragon by IGO

MAG Group is one of the leading developers in the real estate market of the Middle East and North Africa. The company is known for the implementation of innovative and high-quality projects

The company offers a variety of modern projects that are located in strategic locations. Its projects are ideal for those who value comfort, style, and elegance. MAG Group focuses on creating not just residential properties, but dynamic lifestyle hubs. The company is aimed at improving the quality of life and provides long-term benefits to investors. MAG Group is recognized for its approach to design, construction, and real estate management. All that makes it a market leader that attracts the attention of both local and international investors.

Location The Paragon by IGO

The Paragon by IGO boasts a strategic location in the heart of Business Bay on Al Asayel Street. Residents will enjoy quick access to important parts of the emirate and its attractions

Downtown Dubai is just 10 minutes away. Al Khail Road provides easy access to other parts of the emirate. Dubai International Airport is approximately 20 minutes away, while Al Maktoum International Airport is reachable in 45 minutes. Popular locations, reachable within a 30-minute drive, include Palm Jumeirah, The Walk JBR, DIFC, Dubai Marina, and Meydan. For ease of travel during peak hours, Mayfair Residency 1 and Capital Golden Tower bus stops are located within a 5-minute walk from the complex.

Sights & Attractions

Brainscape Games

icon 10 min

Trampo Extreme

10 min

Dubai Ice Rink

15 min

Healthcare facilities

Esteem Medical Clinic

icon 5 min

PhysioFit Sports & Rehab Clinic

5 min

Meta Medical PolyClinic

5 min

Educational institutions

UHGYM O14 Tower

icon 5 min

Prime Focus Educational Services

5 min

Eman School System

10 min

Transportation

Dubai Int’l Airport

icon 25 min

Mayfair Residency 1 Bus Station

5 min

Capital Golden Tower Bus Station

5 min

FAQ

Everything you need to know about The Paragon by IGO. Can't find an answer?

Ask a Question

Where is the location of The Paragon by IGO?

The complex is located in Business Bay.

Who is the developer of The Paragon by IGO?

The project is developed by MAG Group.

What are the property types for The Paragon by IGO?

The Paragon by IGO offers studios and 1–3 bedroom apartments.

What is the property size in The Paragon by IGO?

The area of the residences varies from 416 sq.ft to 2,633 sq.ft.

What are the available amenities in The Paragon by IGO?

Residents have access to an infinity pool with sun loungers, a pool bar, a modern gym, a communal terrace with relaxation zones, an outdoor yoga area, a BBQ area, mini golf, a squash court, a grooming salon, multi-level parking with smart access system, wellness areas, cafes and restaurants on the podium level, lounge areas, 24/7 security services, concierge service.

What are the available views in The Paragon by IGO?

Occupants will enjoy picturesque views of the turquoise waters of the canal, the Dubai skyline, and green parks.

Is The Paragon by IGO a good investment in Dubai?

Residences in The Paragon by IGO are an ideal choice for young professionals and businessmen who value the comfort and wish to live in the center of Dubai's business activity. Once completed, the residences can be profitably rented out and provide owners with a stable income. The ROI for a 1-bedroom apartment in The Paragon by IGO is expected to be 6–7%. All that makes the project attractive to investors. Potential rental income starts from AED 100K (USD 27K) per year.

Is The Paragon by IGO a good place to live?

The Paragon by IGO is an ideal choice for those wishing to enjoy urban living with premium amenities and well-developed infrastructure nearby. The project is nestled in one of the most prestigious areas of the emirate. The Paragon by IGO stands out with its modern architecture, luxury facilities, and an atmosphere of refined luxury. Its favourable location provides quick access to key attractions and business hubs of Dubai. The project will be appreciated by active people who value convenience.

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The Paragon by IGO
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
  • 0% tax on rental income & profit upon sale
  • High returns
  • Flexible payment plan with 0% interest
  • 24/7 support

The Paragon by IGO

Starting Price AED 970,00 K

Handover Q1 2025