ReadyOff-plan building · DAMAC
Chic Tower, Business Bay
Highlights
Chic Tower at a glance
About Chic Tower
Chic Tower is a mixed-use building in Business Bay, Dubai, developed by DAMAC. It holds about 467 units: studios, 1-bedroom apartments, 2-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
It is under construction, 84% complete, with handover planned for 2025. 26 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,194 per sq ft.
Chic Tower is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
Chic Tower by de GRISOGONO, situated in the heart of Business Bay, Dubai, is an exquisite residential development by DAMAC Properties. This towering masterpiece is set to redefine luxury living with its holistic lifestyle experience, stunning architecture, and exceptional amenities.
Luxurious Living Spaces
The tower offers an exclusive selection of living spaces designed to cater to a diverse range of residents. These include:
Studio Apartments
The project provides elegant and thoughtfully designed studio apartments, offering a blend of comfort and functionality. Each unit is crafted to maximize space utilization while maintaining an aura of sophistication.
1-2 Bedroom Apartments
For those seeking a bit more space, the 1-2 bedroom apartments present a harmonious balance between luxury and practicality. These units offer ample room for relaxation and creative living arrangements.
Super Luxury 3-4 Bedroom Units
Adding an element of opulence, the tower showcases super luxury units with 3-4 bedrooms. These residences exude grandeur and come complete with terraces adorned with flowers and plants, an infinity pool, and a personal gym.
Wellness-Inspired Amenities
DAMAC Chic Tower stands out with its array of amenities designed to offer residents a holistic and rejuvenating lifestyle:
Revitalizing Baths
The tower boasts 7 revitalizing baths, meticulously crafted to promote detoxification and enhance skin radiance. These baths offer a unique blend of luxury and wellness, creating a spa-like experience within the confines of your home.
Spa and Outdoor Gym
Residents have the privilege of indulging in the main spa, which seamlessly extends into an outdoor gym. The gym features state-of-the-art equipment tailored for calisthenic-focused workouts, ensuring a comprehensive fitness regime.
Prime Location and Infrastructure
Strategically located in the main business hub of Business Bay, the development enjoys a privileged setting:
Proximity to Landmarks
Chic Tower faces the prestigious Oberoi Hotel and is adjacent to the iconic Opus building, adding an element of exclusivity. It's conveniently situated near Al Mustaqbal Street, Sheikh Zayed Road, and Burj Khalifa Boulevard, making it easy to access key areas of the city.
Surrounding Infrastructure
The tower is enveloped by a wealth of essential infrastructure within walking distance. From fitness centers like Full Circle EMS Fitness Center to supermarkets like W Mart and Spinneys, and even banking services from Dubai Islamic Bank, every convenience is at your doorstep.
Investment Potential
Chic Tower isn't just a luxurious residence; it's a prime investment opportunity:
Attractive Rental Potential
With similar projects in Business Bay commanding a starting rental price of AED 80,000 per year for a 1-bedroom apartment, Chic Tower presents an estimated ROI of 8%, making it an enticing prospect for investors.
Investor Visa Opportunities
Investors can capitalize on the chance to purchase an entire floor within the tower. As construction progresses, the property's value is expected to rise. Additionally, property owners may be eligible to apply for a 3-year investor visa or a 5-year UAE Golden visa based on the property's value.
Chic Tower stands as a testament to luxury, wellness, and investment potential, offering a unique living experience that blends residential opulence with a holistic approach to well-being.
In a nutshell
- A mixed-use off-plan building
- Located in Business Bay, Dubai
- Developed by DAMAC
- Completed in Q3 2025
- Unit types: Studio, 1 Bed, 2 Beds, 4 Beds, Commercial
- Sizes from 430 to 8,320 sq ft
- Views: Community View
- Features: Balcony, Barbeque Area, Built In Wardrobes, Children's Play Area, Children's Pool, Concierge, Covered Parking, Gated Community, Kitchen Appliances, Landmark view, Lobby In Building, Maid Room, Maid Service, Pets Allowed, Seafront, Security, Shared Gym, Shared Pool, Shared Spa, Study Room, Vastu-compliant, Walk-In Closet, Waterfront View
- Business Bay metro station 0.9 km away
- Status
- Off-plan
- Developer
- DAMAC
- Location
- Business Bay, Dubai
- Handover
- Q3 2025
- Construction
- 84%
- Unit types
- Studio, 1 Bed, 2 Beds, 4 Beds, Commercial
- Prices from
- AED 844.0K
- Median price per sq ft
- AED 2,194
- Nearest metro
- Business Bay Interchange, 0.9 km
Photos of Chic Tower
Building details
Inside Chic Tower
Facilities in Chic Tower
Chic Tower lists 23 features and facilities for its residents.
- Balcony
- Barbeque Area
- Built In Wardrobes
- Children's Play Area
- Children's Pool
- Concierge
- Covered Parking
- Gated Community
- Kitchen Appliances
- Landmark view
- Lobby In Building
- Maid Room
- Maid Service
- Pets Allowed
- Seafront
- Security
- Shared Gym
- Shared Pool
- Shared Spa
- Study Room
- Vastu-compliant
- Walk-In Closet
- Waterfront View
Properties in Chic Tower
Studios in Chic Tower
There are about 231 of these in Chic Tower, from 430 to 630 sq ft. They have recently sold for a median of AED 1.1M, or AED 2,160 per sq ft. Owners who resold made a median 8% over what they paid.
1-bedroom apartments in Chic Tower
There are about 151 of these in Chic Tower, from 750 to 1,970 sq ft. They have recently sold for a median of AED 2.3M, or AED 2,600 per sq ft.
2-bedroom apartments in Chic Tower
There are about 81 of these in Chic Tower, from 1,310 to 1,750 sq ft. They have recently sold for a median of AED 2.9M, or AED 1,860 per sq ft.
4-bedroom apartments in Chic Tower
There are about 1 of these in Chic Tower, from 8,320 sq ft. None has sold recently enough to quote a price.
Commercial units in Chic Tower
There are about 3 of these in Chic Tower, from 740 to 4,680 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 231 | 430 sqft39.9 sqmt – 630 sqft58.5 sqmt | AED 1.1M | – |
| 1 Bed | 151 | 750 sqft69.7 sqmt – 1,970 sqft183 sqmt | AED 2.3M | – |
| 2 Beds | 81 | 1,310 sqft121.7 sqmt – 1,750 sqft162.6 sqmt | AED 2.9M | – |
| 4 Beds | 1 | 8,320 sqft773 sqmt | No recent sales | – |
| Commercial | 3 | 740 sqft68.7 sqmt – 4,680 sqft434.8 sqmt | No recent sales | – |
Sale trends in Chic Tower
Median sale price
AED 1.5M
Median per sq ft
AED 2,194
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 460.0K to AED 4.8M (430 to 634 sq ft), across 11 sales
- 1-bedroom apartments: AED 1.6M to AED 3.0M (778 to 975 sq ft), across 8 sales
- 2-bedroom apartments: one sale at AED 2.9M (1,575 sq ft)
Recent transactions in Chic Tower
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Chic Tower, Business BayOff-planApartment | AED 1,008,000AED 2,070 /sqftAED 22,281 /sqmt | 487 sqft45.2 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,771,000AED 2,013 /sqftAED 21,668 /sqmt | 880 sqft81.8 sqmt1 Bed | Owner |
| Chic Tower, Business BayOff-planApartment | AED 4,757,800AED 9,612 /sqftAED 103,463 /sqmt | 495 sqft46 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 2,924,000AED 1,857 /sqftAED 19,989 /sqmt | 1,575 sqft146.3 sqmt2 Beds | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,595,000AED 2,050 /sqftAED 22,066 /sqmt | 778 sqft72.3 sqmt1 Bed | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,008,000AED 2,096 /sqftAED 22,561 /sqmt | 481 sqft44.7 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,350,900AED 2,729 /sqftAED 29,375 /sqmt | 495 sqft46 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 460,000AED 2,140 /sqftAED 23,035 /sqmt | 430 sqft39.9 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 2,791,800AED 2,863 /sqftAED 30,817 /sqmt | 975 sqft90.6 sqmt1 Bed | Developer |
| Chic Tower, Business BayOff-planApartment | AED 1,948,000AED 1,998 /sqftAED 21,506 /sqmt | 975 sqft90.6 sqmt1 Bed | Owner |
| Chic Tower, Business BayOff-planApartment | AED 2,976,000AED 3,190 /sqftAED 34,337 /sqmt | 933 sqft86.7 sqmt1 Bed | Developer |
| Chic Tower, Business BayOff-planApartment | AED 1,142,960AED 2,309 /sqftAED 24,854 /sqmt | 495 sqft46 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,073,000AED 2,112 /sqftAED 22,733 /sqmt | 508 sqft47.2 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 2,958,000AED 3,130 /sqftAED 33,691 /sqmt | 945 sqft87.8 sqmt1 Bed | Developer |
| Chic Tower, Business BayOff-planApartment | AED 1,096,000AED 2,232 /sqftAED 24,025 /sqmt | 491 sqft45.6 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,250,000AED 2,694 /sqftAED 28,998 /sqmt | 464 sqft43.1 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,050,000AED 2,156 /sqftAED 23,207 /sqmt | 487 sqft45.2 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,089,000AED 1,718 /sqftAED 18,492 /sqmt | 634 sqft58.9 sqmtStudio | Owner |
| Chic Tower, Business BayOff-planApartment | AED 1,817,920AED 2,334 /sqftAED 25,123 /sqmt | 779 sqft72.4 sqmt1 Bed | Owner |
| Chic Tower, Business BayOff-planApartment | AED 2,750,000AED 3,129 /sqftAED 33,680 /sqmt | 879 sqft81.7 sqmt1 Bed | Developer |
Chic Tower
Business Bay
AED 1M
AED 2,070 /sqftAED 22,281 /sqmt
Off-planApartment487 sqft45.2 sqmtStudioOwner27 Oct 2026Chic Tower
Business Bay
AED 1.8M
AED 2,013 /sqftAED 21,668 /sqmt
Off-planApartment880 sqft81.8 sqmt1 BedOwner27 Oct 2026Chic Tower
Business Bay
AED 4.8M
AED 9,612 /sqftAED 103,463 /sqmt
Off-planApartment495 sqft46 sqmtStudioOwner22 Oct 2026Chic Tower
Business Bay
AED 2.9M
AED 1,857 /sqftAED 19,989 /sqmt
Off-planApartment1,575 sqft146.3 sqmt2 BedsOwner10 Oct 2026Chic Tower
Business Bay
AED 1.6M
AED 2,050 /sqftAED 22,066 /sqmt
Off-planApartment778 sqft72.3 sqmt1 BedOwner5 Aug 2026Chic Tower
Business Bay
AED 1M
AED 2,096 /sqftAED 22,561 /sqmt
Off-planApartment481 sqft44.7 sqmtStudioOwner3 Aug 2026Chic Tower
Business Bay
AED 1.4M
AED 2,729 /sqftAED 29,375 /sqmt
Off-planApartment495 sqft46 sqmtStudioOwner22 Jul 2026Chic Tower
Business Bay
AED 460K
AED 2,140 /sqftAED 23,035 /sqmt
Off-planApartment430 sqft39.9 sqmtStudioOwner1 Jul 2026Chic Tower
Business Bay
AED 2.8M
AED 2,863 /sqftAED 30,817 /sqmt
Off-planApartment975 sqft90.6 sqmt1 BedDeveloper25 Jun 2026Chic Tower
Business Bay
AED 1.9M
AED 1,998 /sqftAED 21,506 /sqmt
Off-planApartment975 sqft90.6 sqmt1 BedOwner22 Apr 2026Chic Tower
Business Bay
AED 3M
AED 3,190 /sqftAED 34,337 /sqmt
Off-planApartment933 sqft86.7 sqmt1 BedDeveloper22 Apr 2026Chic Tower
Business Bay
AED 1.1M
AED 2,309 /sqftAED 24,854 /sqmt
Off-planApartment495 sqft46 sqmtStudioOwner25 Mar 2026Chic Tower
Business Bay
AED 1.1M
AED 2,112 /sqftAED 22,733 /sqmt
Off-planApartment508 sqft47.2 sqmtStudioOwner6 Mar 2026Chic Tower
Business Bay
AED 3M
AED 3,130 /sqftAED 33,691 /sqmt
Off-planApartment945 sqft87.8 sqmt1 BedDeveloper24 Feb 2026Chic Tower
Business Bay
AED 1.1M
AED 2,232 /sqftAED 24,025 /sqmt
Off-planApartment491 sqft45.6 sqmtStudioOwner17 Feb 2026Chic Tower
Business Bay
AED 1.3M
AED 2,694 /sqftAED 28,998 /sqmt
Off-planApartment464 sqft43.1 sqmtStudioOwner13 Feb 2026Chic Tower
Business Bay
AED 1.1M
AED 2,156 /sqftAED 23,207 /sqmt
Off-planApartment487 sqft45.2 sqmtStudioOwner4 Feb 2026Chic Tower
Business Bay
AED 1.1M
AED 1,718 /sqftAED 18,492 /sqmt
Off-planApartment634 sqft58.9 sqmtStudioOwner3 Feb 2026Chic Tower
Business Bay
AED 1.8M
AED 2,334 /sqftAED 25,123 /sqmt
Off-planApartment779 sqft72.4 sqmt1 BedOwner26 Jan 2026Chic Tower
Business Bay
AED 2.8M
AED 3,129 /sqftAED 33,680 /sqmt
Off-planApartment879 sqft81.7 sqmt1 BedDeveloper20 Jan 2026
Chic Tower payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.Down Payment20%
- 2.During Construction60%
- 3.On Handover20%
Chic Tower floor plans
Studio, Studio Studio
1 bedroom, 1 Bedroom Apartment
2 bedrooms, 2 Bedroom Apartment
Nearby amenities
Around Chic Tower
Transportation near Chic Tower
The nearest Dubai Metro station from Chic Tower is Business Bay (red line, 0.9 km, about 11 min walk), then Burj Khalifa/Dubai Mall (red line, 2.2 km, about 6 min drive). Stations planned on new lines nearby include Business Bay Interchange (golden line, 0.9 km, about 11 min walk) and Burj Khalifa Road (golden line, 1.2 km, about 14 min walk).
- Business Bay InterchangeGolden line · 0.9 km · about 11 min walk
- Business BayRed line · 0.9 km · about 11 min walk
- Burj Khalifa RoadGolden line · 1.2 km · about 14 min walk
- Burj Khalifa/Dubai MallRed line · 2.2 km · about 6 min drive
- District 1 near High Speed Rail lineGolden line · 2.2 km · about 6 min drive
- City WalkGolden line · 2.7 km · about 7 min drive
Shopping and groceries near Chic Tower
The closest is Spinneys/ Ontario Tower, 0.3 km from Chic Tower (about 4 min walk).
- Spinneys/ Ontario TowerSupermarket · 0.3 km · about 4 min walk
- Spinneys / The Executive TowersSupermarket · 0.7 km · about 8 min walk
- Bay AvenueShopping Mall · 0.9 km · about 11 min walk
- Choitram, The Executive TowersSupermarket · 1.2 km · about 14 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.3 km · about 5 min drive
Restaurants and hotels near Chic Tower
The closest is Oberoi Hotel, 0.4 km from Chic Tower (about 5 min walk).
- Oberoi HotelHotel · 0.4 km · about 5 min walk
- JW Marriott Marquis Business BayHotel · 0.5 km · about 6 min walk
- Maward RestaurantRestaurant · 1 km · about 12 min walk
- Vida Hotels and ResortsHotel · 1.5 km · about 5 min drive
- Qamardeen HotelHotel · 1.7 km · about 5 min drive
Hospitals and clinics near Chic Tower
The closest is Medcare Hospital, 1.9 km from Chic Tower (about 6 min drive).
- Medcare HospitalHospital · 1.9 km · about 6 min drive
- Al Amal HospitalHospital · 2.3 km · about 7 min drive
- Emirates HospitalHospital · 2.8 km · about 8 min drive
- Internationl Medical CenterHospital · 3.3 km · about 9 min drive
- Neuro Spinal hospitalHospital · 3.4 km · about 9 min drive
Parks and leisure near Chic Tower
The closest is Dubai Bowling Centre, 1.1 km from Chic Tower (about 13 min walk).
- Dubai Bowling CentreSports Academy · 1.1 km · about 13 min walk
- Safa ParkPark · 1.6 km · about 5 min drive
- Al Quoz Pond ParkPark · 2.2 km · about 6 min drive
- Jumeirah Beach ParkPark · 3.1 km · about 8 min drive
- Falcon Heritage and Sports CentreSports Academy · 4.5 km · about 11 min drive
Schools near Chic Tower
The nearest is Iranian Towheed Boys School, 1.1 km away. Ratings are the KHDA's latest inspection grades.
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.1 km
- Global Indian International School L.L.CIndian · KHDA: Good · 1.1 km
- JSS Private School L.L.CIndian · KHDA: Very good · 1.3 km
- Japanese SchoolJapanese · KHDA: Good · 1.3 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.3 km
- Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 1.3 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Chic Tower with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Chic Tower
In its favour
- Business Bay metro station is within walking distance.
- An active resale market: 26 sales in the last year make it easier to price and to sell.
- Owners who resold have made money: a median gain of up to 8%.
- Several schools within 3 km.
Worth checking
- Still being built: the handover date can move, and the price is paid in stages before you get the keys.
Specialists
Brokers who know Chic Tower
These brokers handle sales and lettings in Chic Tower and can tell you what is available now.
Iurii Loenko
Senior Property Advisor
Rano Zafarovna Zakhriddinova
Property Advisor
Vishal Vijaykumar Khilwani
Property Advisor
Aniket Arun Tiwari
Property Advisor
Insha Ulla Khan
Property Advisor
Hafiz Muhammad Mudassir
Property Advisor
Mahmoud Hamzeh
Property Advisor
Shiela Marie Duran
Property Advisor
FAQs
Chic Tower: questions answered
Buying, selling or renting in Chic Tower?
A broker who works Business Bay will tell you what is available and what comparable homes went for.