? The Property
A Studio Apartment in The Paragon by IGO is thoughtfully designed to provide a comfortable, efficient, and stylish urban living experience, delivered fully furnished with high-end aesthetics.
- ? Direct Entry into Open Space: The apartment typically opens directly into the main living area, creating an immediate sense of openness and maximizing the usable space.
- ?️ Integrated Living & Sleeping Area: The core of the studio is a versatile open-plan space that serves as both a living room and bedroom. This area is designed to comfortably accommodate a bed, a sofa, and other essential furniture. Large, floor-to-ceiling windows, and often a private balcony, bring in natural light, create an airy aesthetic, and offer breathtaking views of the surrounding cityscape, water canal, or park.
- ?? Modern Open Kitchen: An ultra-modern, fully equipped open kitchen is seamlessly integrated into the living space. It features premium countertops with a sophisticated marble design backsplash, high gloss cabinetry, and comes complete with top-of-the-range appliances including an oven, stovetop, fridge, and washing machine.
- ? Contemporary Bathroom: A minimalist and spacious bathroom with porcelain vanity countertops, mirrors, and electrical shaving points, featuring impeccable finishing.
- ? Built-in Wardrobes: Efficiently integrated built-in wardrobes provide ample storage within the sleeping area, contributing to a clutter-free environment.
- balcon Private Balcony: Most studio units feature a private balcony, extending the living space outdoors and allowing residents to take in the views and fresh air.
- ? Dedicated Parking: Each studio apartment typically includes one dedicated, covered parking space within the building's secure parking facility.
The design emphasizes ergonomic layouts, modern aesthetics, and the convenience of being fully furnished, ensuring a comfortable and practical home despite its compact size.
?️ The Lifestyle
Residing in a studio apartment at The Paragon by IGO offers a convenient, modern, and highly connected urban lifestyle, perfectly suited for young professionals, singles, or frequent visitors to Dubai, with an emphasis on a community-centric approach.
- vibrancy Dynamic Urban Living: Located in Business Bay, The Paragon by IGO places residents in the midst of Dubai's bustling commercial and leisure hub. This vibrant location offers immediate access to a plethora of corporate, retail, dining, and entertainment opportunities.
- ? Waterfront Proximity & Leisure: Being close to the Dubai Water Canal, residents have easy access to the Dubai Water Canal Boardwalk, providing scenic routes for leisurely strolls, jogging, or simply enjoying the tranquil waterfront environment.
- amenities Unparalleled Private Resident Amenities: The Paragon by IGO provides an extensive range of unique and cutting-edge amenities designed to enhance daily living, recreation, and well-being, truly creating a "community at heart":
- Outdoor Resort-Style Pools: Two glittering swimming pools (adult pool and circuit pool) with sun loungers and a modern, spacious sundeck.
- State-of-the-Art Gym & Fitness Center: A super slick gym equipped with the latest exercise equipment.
- Open-Air Yoga Deck & Meditation Zone: Dedicated spaces for relaxation and mindfulness.
- Pet Grooming Salon: An in-building pet grooming salon specifically for residents' furry companions.
- Private Residence Cinema: An indoor cinema room for exclusive movie screenings.
- Hi-Tech Golf Simulator: For golf enthusiasts to practice their swing indoors.
- Squash Court: A full-sized squash court with an amphitheater-style spectator's area.
- Co-working Space & Business Center: A dedicated co-working space with private business center facilities for those working from home or needing meeting spaces.
- Café: A café serving specialty coffee and light bites.
- Poolside Juice Bar: For refreshments by the pool.
- Multipurpose Room: With flexible layouts for community events and parties.
- Landscaped Garden Deck & Outdoor Lounge Terrace: Green spaces and comfortable outdoor seating for relaxation and social interaction.
- Barbecue Area: With private seating for outdoor dining.
- 24/7 Security & Concierge Service: Ensuring peace of mind and personalized assistance.
- ?️ Shopping & Entertainment: Residents are just minutes away from world-class shopping destinations like The Dubai Mall, Souk Al Bahar, and numerous entertainment venues in Downtown Dubai, as well as cultural sites like Dubai Opera.
- ? Seamless Connectivity: The strategic location provides excellent connectivity to major road networks (Sheikh Zayed Road, Al Khail Road) and public transportation (Business Bay Metro Station), facilitating swift commutes across Dubai.
A fully furnished studio apartment at The Paragon by IGO provides an accessible entry point to Dubai's dynamic lifestyle, offering modern comforts and an exceptional range of amenities within a prime and well-connected location.
? An Investment in a Prime & Ready Asset
Investing in a studio apartment at The Paragon by IGO in Business Bay represents a highly attractive and practical opportunity, combining a prime location, a reputable developer, the benefits of a brand-new, ready-to-move-in property, and a fully furnished offering with unique amenities.
- ? Competitive Price Point & Strong Value:
- Sale Prices: Studio apartments in The Paragon by IGO are competitively priced. Recent sale transaction records and listings show prices typically range from approximately AED 967,000 to AED 1,450,000+. The average sales price for a studio apartment is around AED 1,100,000 to AED 1,200,000. Prices depend on factors such as size, floor level, and specific views (e.g., Canal or Burj Khalifa views can command higher prices). Initial prices started from around AED 845,000.
- ? High Rental Yield Potential: Business Bay is a top rental market, and studio apartments are particularly in high demand among young professionals and corporate expatriates due to their affordability, fully furnished status, and prime location. The Paragon by IGO studios are known to generate strong rental yields. Average rental prices for furnished studios are around AED 85,000 to AED 90,000 per year, with some listings at AED 7,000/month (AED 84,000/year). Estimates suggest an ROI of around 6.96% to 8.25% for studios in Business Bay, making them an excellent choice for investors seeking passive income.
- ? Immediate Returns & Capital Appreciation: As a recently completed project (handover in Q1 2025), investors can immediately place tenants and start generating rental income, avoiding the waiting period associated with off-plan developments. Properties in prime locations like Business Bay continue to show steady capital appreciation due to ongoing infrastructure development, increasing demand, and Dubai's overall economic growth. The unique and extensive amenities also add to its long-term value and appeal.
- ?? UAE Residency Visa Eligibility:
- All studio apartments in The Paragon by IGO, with sale prices comfortably starting from AED 967,000, qualify for the renewable 2-year UAE Investor Visa, which requires a property investment of at least AED 750,000.
- This means that purchasing a studio apartment in The Paragon by IGO directly qualifies the investor for this renewable 2-year residency visa, providing significant flexibility and a pathway to long-term residency in the UAE.
- ✅ Reputable Developer & Prime Location: The backing of Invest Group Overseas (IGO) and the strategic location in Business Bay further solidify its investment appeal due to sustained demand and high growth potential.
Investing in a studio apartment at The Paragon by IGO is a sound decision for those seeking a high-quality, brand-new, and fully furnished asset with excellent rental income potential in a prime and dynamic Dubai location, coupled with attractive residency benefits.
? Visa Eligibility
Purchasing a studio apartment in The Paragon by IGO offers a direct and significant pathway to obtaining a long-term UAE residency visa, making it a highly attractive incentive for international investors and individuals looking to establish a robust and long-term presence in Dubai.
- ?? Direct Qualification for UAE Investor Visa (2-Year Renewable):
- To be eligible for the renewable 2-year UAE Investor Visa through property investment, the property's value must be AED 750,000 or more.
- Given that studio apartments in The Paragon by IGO are typically priced from AED 967,000 upwards, all studio units in this development comfortably exceed this threshold.
- This means that purchasing a studio apartment in The Paragon by IGO directly qualifies the investor for this renewable 2-year residency visa. This visa provides significant flexibility and and allows for continued residency in the UAE.
- ?? Potential for UAE Golden Visa (10-Year Investor Visa):
- While individual studio apartments generally do not meet the AED 2,000,000 (approx. USD 545,000) threshold for the 10-year UAE Golden Visa on their own, investors may consider purchasing multiple properties (e.g., a studio and a 1-bedroom, or two studios) in The Paragon by IGO or other properties to meet the cumulative value required for the Golden Visa, if that is their objective.
- ✅ Streamlined Application Process: The UAE government has established efficient and investor-friendly processes for property owners to apply for residency visas, facilitating a smooth and expedited path to long-term residency.
- ? Benefits of UAE Residency: Holders of UAE residency visas benefit significantly from the UAE's stable and rapidly growing economy, world-class infrastructure, and highly advantageous residency conditions. This includes highly attractive tax policies (zero personal income tax), a safe, secure, and multicultural living environment, and full access to Dubai's renowned services, premium education, healthcare, and burgeoning business opportunities.
? Private Client Experience
Our dedicated team is committed to providing an unparalleled, highly personalized, and confidential experience for our esteemed clients interested in the Studio Apartments at The Paragon by IGO. Leveraging our deep understanding of IGO's commitment to quality and the dynamics of the brand-new, ready-property market in Business Bay, we ensure a bespoke service that perfectly aligns with the efficiency and investment potential of these fully furnished residences. From the initial inquiry to the final acquisition and beyond, we offer:
- ? Expert & Detailed Consultation: Providing profound, in-depth insights into The Paragon by IGO's studio apartment offerings, highlighting their efficient layouts, high-end finishes, and the unique advantages of a prime Business Bay location coupled with an extensive list of amenities. We will clarify specifics on typical sizes (around 417-452 sq. ft.), expected views (cityscape, canal, park), comprehensive amenity packages (including multiple pools, state-of-the-art gym, co-working space, cinema, pet grooming salon), and the desirable lifestyle proposition for individuals and professionals.
- ? Tailored Investment & Residency Advice: Offering bespoke guidance on current market sale prices (average around AED 1.1M-1.2M), strong rental yield potential (estimated 6.96-8.25% ROI), and immediate income generation from these brand-new, fully furnished properties. We provide clear and comprehensive information on UAE residency visa eligibility, confirming direct qualification for the 2-Year Investor Visa, ensuring your acquisition aligns perfectly with your financial and long-term residency goals.
- ✍️ Seamless Transaction & Documentation Support: Assisting with exclusive viewings of available studio units and providing detailed insights into floor plans. We deliver meticulous, end-to-end assistance with all essential legal documentation, including sales purchase agreements, registration with DLD (Dubai Land Department), and all necessary governmental procedures for a smooth, efficient, and fully compliant transaction of a completed property.
- ? Comprehensive Post-Purchase & Management Services: Providing dedicated and ongoing support post-acquisition. We can facilitate immediate rental placement to maximize your investment, connect you with reputable service providers in Dubai, and offer full property management services (rental assistance, maintenance coordination), ensuring your studio apartment investment is impeccably cared for and maximized for its potential.
We are unwavering in our commitment to making your acquisition of a prime Studio Apartment in The Paragon by IGO an effortless, rewarding, and unparalleled experience, tailored to the highest standards of discerning clientele.
