Developer Deal
Akoya Genus Villas
DAMAC PropertiesFrom
AED 2,900,000
Handover
Q4 2021
Payment Plan
100/0
Down Payment
100%
Back to Developer DealsDeveloperDAMAC PropertiesView developer profile
Chic Tower
Chic Tower, Business Bay, Dubai, UAE
DeveloperDAMAC PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q1 2026
Post Handover
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About Chic Tower
Chic Tower by DAMAC in collaboration with de GRISOGONO is a 41-storey architectural gem in Business Bay. Inspired by turquoise gemstones, it offers branded studios, 1–2BR apartments, and super-luxury 3–4BR units with private gyms, infinity pools, and lush terraces. Overlooking the Dubai Water Canal and Burj Khalifa, this wellness-focused tower features cascading terraces and high-end amenities, bl…
Market Intelligence
Completed transactions in Chic Tower
Median sale price/sqft
AED 2,138/sqft+1.1%
Median sale price
AED 1,265,000
Median price/sqft over time
Feb 24Range AED 2,029 – AED 2,335Dec 24
Transaction activity
LiquidityStrongPrice momentumStable
33 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-20 | Chic Tower | Studio | 495 sqft | AED 1,250,000 | 2,525 |
| 2024-12-20 | Chic Tower | Studio | 479 sqft | AED 1,250,000 | 2,611 |
| 2024-12-20 | Chic Tower | Studio | 495 sqft | AED 1,250,000 | 2,525 |
| 2024-12-18 | Chic Tower | Studio | 509 sqft | AED 1,053,000 | 2,069 |
| 2024-12-18 | Chic Tower | Studio | 491 sqft | AED 1,053,000 | 2,144 |
| 2024-12-10 | Chic Tower | 2 | 1,670 sqft | AED 3,187,000 | 1,909 |
Completed transactions in Business Bay
Median sale price/sqft
AED 2,578/sqft+13.9%
Median sale price
AED 1,754,681
Gross rental yield
5.8%
Median annual rent
AED 101,538
Median price/sqft over time
Jul 25Range AED 2,059 – AED 2,723Jul 26
Community activity
LiquidityStrongPrice momentumRising
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Off-plan 68.3%Ready 31.7%
Primary vs resale
Primary 68.3%Resale 31.7%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Chic Tower
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Chic Tower
- What is the handover date for Chic Tower?
- Chic Tower is scheduled for handover in Q1 2026.
- What is the starting price of Chic Tower?
- Prices start from AED 1,200,000. Contact our team for current availability.
- Who is the developer of Chic Tower?
- Chic Tower is being developed by DAMAC Properties.
- Where is Chic Tower located?
- Chic Tower is located in Chic Tower, Business Bay, Dubai, UAE.