IGO Real Estate Development - FZ
Business Bay · Dubai
The Paragon in Business Bay, Dubai: a completed 24-storey building of studios and 1 to 3-bedroom apartments, 100% complete on the DLD register as at 13 May 2025.
At a glance
Gallery
The brief
The Paragon is a completed high-rise residential tower in Business Bay, Dubai. It stands 24 storeys above four basement levels, which hold the car parking. This brief is for owners of apartments in the building, for buyers considering it on the resale market, and for anyone weighing it against other towers in the area.
Figures are from the Dubai Land Department register, read 14 November 2026.
The apartment types in The Paragon are studios and 1-bedroom, 2-bedroom and 3-bedroom layouts.
Residents' facilities named for the building are:
Next Engineering Consultants was the architectural consultant. Dubuild was the main contractor, and TMF Euro Foundations built the foundations.
The plot was first meant for another scheme, Fortune Pearl, which was cancelled before The Paragon took its place.
Business Bay sits on the Dubai Canal, the waterway that runs from Dubai Creek and back out to the sea at Jumeirah, and lies 1.5km from the Burj Khalifa. Freehold projects in the district total 64 million square feet, and its streets mix office and residential towers with landscaped gardens and canal frontage. After the 2008 downturn the balance shifted, and residential buildings now make up a larger share than the original master plan set out.
On the canal front, Marasi Business Bay, made possible by the canal's link to open water, has a marina lined by promenades and shops. Al Habtoor City, beside Sheikh Zayed Road on the canal, covers 10 million square feet, with three five-star hotels among its buildings.
The Paragon is close to several parks. Business Bay South Park is 0.3 km from the building, Business Bay East Park is 0.6 km away, and Action Park Business Bay is 1.0 km away. Day-to-day shopping is near at hand, with mini marts 0.1 km away in Sol Avenue and a supermarket 0.2 km away in Safeer Tower 2.
Further out, District One is 1.6 km away and Downtown Dubai is 1.8 km away. Bay Avenue Mall & Park lies 1.4 km from the building, while the Fountains at Dubai Mall and Kidzania are 1.7 km off and Cinema City at Address Dubai Mall is 1.8 km off. City Walk is 2.9 km away. Schools in Al Quoz, including GEMS Our Own Indian School and Towheed Iranian Boys School, are 1.7 km away. For golf, The Track Meydan Golf is 4.3 km off and Dubai Hills Golf Club is 6.6 km off.
This page is tied to Dubai Land Department register project 2402, matched on project name, developer and community. The register, read 14 November 2026, lists the project as finished and 100% complete as at 13 May 2025, with a projected completion date of 13 May 2025.
In depth
The Dubai Land Department register names the developer as Igo Real Estate Development - Fz.
If you own an apartment in The Paragon and are thinking of selling, or you want to buy one on the secondary market or line it up against other finished Business Bay buildings, Mitchell's Commercial Real Estate can help. We have represented buyers in Dubai since 2007. We confirm the unit against its register entry, review the title and the transfer process with you, and show every fee in writing before you agree to anything. Our buying costs calculator sets out the costs of a purchase.
The Paragon is in the Business Bay area.
Area and community are from our own project record.
Area and community: our own project record. Neither is a survey.
The Paragon — Business Bay
IGO Real Estate Development - FZ is the developer named on this brief.
The Paragon is in Business Bay, Dubai. The Dubai Land Department register, read 14 November 2026, gives Business Bay as both the district and the community of the project it names The Paragon By IGO.
Yes. The Dubai Land Department register, read 14 November 2026, records the project as finished and 100% complete as at 13 May 2025, with a projected completion date of 13 May 2025.
The unit types named for the building are studios and 1-bedroom, 2-bedroom and 3-bedroom apartments, in a single 24-storey building.
The facilities named for the building are a swimming pool, a fitness centre, yoga and meditation areas, landscaped garden areas, barbecue areas and a cafe.
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