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Chic Tower

About Chic Tower

823,000 AED Starting Price from
413 Area from
(sq. ft.)
1-2BR Available Units
2026 Q2 Handover

Buy Property in Chic Tower

Set to become a stunning adornment of Business Bay, Chic Tower is an upscale 41-storey tower by DAMAC Properties in collaboration with the world-renowned de GRISOGONO jewellery brand. For a distinctive look, the high-end skyscraper will feature a cascade of undulating terraces inspired by the waves of Dubai Water Canal. The terraces will descend from a stepped roof, where water will trickle from one pool to another.

At the same time, both the interior and exterior design of Chic Tower will take influence from the De Grisogono jewellery designs, with the main concept of the skyscraper being focused around turquoise, and is reminiscent of one of the world’s most beloved gemstones.

Overlooking the Burj Khalifa and Dubai Water Canal, the branded development offers a selection of meticulously crafted studios and 1-2 bedroom apartments, with living areas ranging from 413 sq. ft to 1,679 sq. ft. Each property will be complemented with a fitted kitchen and a spacious balcony, where homeowners will be able to enjoy the breathtaking panorama of the famous city.

With wellness and opulence in mind, Chic Tower will treat its residents to an array of exclusive world-class offerings. These are as follows:

  • First-of-its-kind beauty bar in Dubai with custom-made beauty products
  • Juice bar
  • Outdoor gym with calisthenics-focused equipment and training facilities
  • Children’s play area
  • Outdoor party area
  • Youth Fountain
  • 7 baths (incl. salt, mud, cold and hot baths)
  • Lazy river 590 ft long
  • Infinity swimming pool measuring 164 ft
  • Cabanas
  • Football arenas
  • 24/7 concierge services
  • Valet parking services
Chic Tower
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Property Information

  • Location Business Bay, Dubai, UAE
  • Developer DAMAC
  • Status of Project In progress
  • Type of Project Residential Tower
  • Units 1-2BR
  • Area from 413 sq. ft.
  • Payment Plan 80/20

Floor Plans of Chic Tower

Property Prices

The starting price for an exquisite 1-bedroom apartment in Chic Tower is AED 1,460,000 (USD 397,000).

*The price is valid for 2022

Payment Plan

20% On Booking
60% On Construction
20% Handover 2026 Q2

Location

Nestled alongside the bank of the Dubai Water Canal, Chic Tower will be adjacent to the Peninsula master development by Select Group. Additionally, thanks to the intersection of Marasi Dr, Al Khaleej Al Tejari 1 St and Al A’mal St, commutes around the city will be totally hassle-free. That being said, sought-after locations such as Dubai International Airport and Dubai Marina, among others, are easily accessible within 20 minutes of the development.

If you prefer to take public transportation, the following stations are within walking distance of Chic Tower:

  • Clover Bay Station 1
  • The Binary Tower
  • Business Bay Marine Transport Station
  • Business Bay Metro Station

Residents will also appreciate the close proximity to education and medical facilities, banks and grocery stores. You can get to the following destinations in 20 minutes:

  • Learning Tree Nursery
  • Horizon English School
  • Al Safa High School
  • Talabat Mart
  • EK Clinic SZC
  • Emirates Hospital Clinic
  • Dubai Islamic Bank
  • F&B: The Larder, Story Lounge and Restaurant, Hako Sushi
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Economic Appeal

When residing in Chic Tower, you will be able to fully enjoy a unique wellness concept and sophisticated interiors inspired by de GRISOGONO gemstones. Thanks to its convenient location in Dubai’s financial hub, the upcoming skyscraper will be appealing to business professionals and entrepreneurs alike. At the same time, the tower will be situated within a maximum of a half an hour walk from some of the most visited Dubai landmarks, such as Dubai Opera, Burj Park by Emaar, The Dubai Fountain and The Dubai Mall.

Taking the information mentioned above into account, it is safe to say that an apartment in Chic Tower is a lucrative option not only for private use, but also as a commercial asset. That being said, the gross ROI for 1-bedroom properties in Business Bay is 6.9%, as of Q3 2023, according to the Property Finder portal. The initial rental cost meanwhile, amounts to AED 50,000 (USD 13,600) per year. These indicators mean that you will be able to benefit from an attractive income on a permanent basis if you decide to lease your residence. To facilitate the rental process, it is worth considering a property management service.

Once Chic Tower is completed in Q2 2026, you will be able to apply for a 3-year investor visa through the Taskeen Programme by the DLD. The minimum qualifying amount in this case is AED 750,000 (USD 205,000) and this scheme applies exclusively to ready-to-move-in real estate. As a result, you will become a holder of an Emirates ID, which will provide you with privileges when opening a bank account, applying for a driver’s license and more.

*The price is valid for 2022

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Metropolitan Premium Properties

  • [email protected]
  • +971 4 428 6151
  • 36th-38th Floor, Al Salam Tecom Tower,
    Internet City, Dubai, UAE

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