JRE · Joshi Real Estate
Chic Tower exterior view - Business Bay, Dubai - by DAMAC
On saleDAMAC

Chic Tower

Business Bay, Dubai
From
AED 1,501,000
Handover
APR 2026
Enquire
The Project
From
AED 1,501,000
Status
On sale
Handover
APR 2026
Size
495–8,316 sqft
Residences
13
Construction
59% complete
Furnishing
Unfurnished
Service charge
22-24 AED/sqft
Buildings
1

Chic Tower is a residential high-rise developed by DAMAC in Business Bay, branded in collaboration with Swiss jeweller de Grisogono and scheduled for completion in April 2026. The single tower is currently 59 per cent complete, with 13 remaining residences available, ranging from studios to a four-bedroom penthouse.

# The tower and its position in Business Bay

Business Bay sits on the southern edge of Downtown Dubai, pressed against the Dubai Canal. The neighbourhood has matured considerably over the past decade, moving well past its original identity as a commercial district into one of the city's denser mixed-use addresses, with hotel towers, restaurants and residential buildings occupying the same grid.

Chic Tower occupies a canalside position within that grid. The de Grisogono branding shapes the building's visual identity around the colour and geometry of turquoise, a reference that runs from the exterior palette through to interior specification. It is a deliberate positioning: lifestyle-led luxury aimed at buyers who want something more considered than a generic glass tower.

# Residences, layouts and floor areas

The available inventory spans a meaningful range. Studios are priced at AED 1,501,000 for 495 sq ft. One-bedroom apartments start at AED 2,750,000 for 878 sq ft and extend to just under 1,975 sq ft at AED 5,328,000 for the larger one-bedroom configurations. At the top of the building sits a single four-bedroom residence of 8,316 sq ft, priced at AED 27,593,000.

Residences are delivered unfurnished. Kitchens are fitted and equipped, and each studio or one-bedroom unit comes with one parking space. Service charges are set at AED 22 to 24 per sq ft annually.

The size spread across the one-bedroom category is worth examining. A buyer can enter at under 880 sq ft or step up to nearly 2,000 sq ft at the same bedroom count, which reflects the tower's range of duplex and larger-format units rather than a conventional single tier.

# Amenities on site

The podium level carries the bulk of the leisure programming. There is a 180-metre lazy river, a dedicated spa with treatment facilities, indoor gymnasiums, an outdoor callisthenics-focused gym, pools and cabanas. Football arenas and party zones are also listed as part of the amenity offering.

The wellness emphasis is explicit throughout. The lobby itself incorporates fitness equipment, a detail that signals the building's orientation towards residents who treat physical routine as part of daily life rather than an occasional activity.

# Connections across the city

Dubai International Airport is 14.2 km away, typically a 15-minute drive. Downtown Dubai, including the Burj Khalifa and Dubai Mall, sits 2.6 km out, roughly 11 minutes by car. Bay Avenue Mall and Bay Avenue Park are both under two kilometres, reachable in around five to seven minutes. Jumeirah Open Beach is 10.4 km west, a 17-minute drive.

Maple Bear Pre-School is 0.4 km from the building, a practical detail for families with young children considering the address.

# Who this project suits and where it sits in the market

Chic Tower addresses a specific buyer: someone who wants a Business Bay address with genuine lifestyle infrastructure on site, a recognisable design collaboration, and canal proximity, without committing to the larger ticket that Downtown or DIFC commands.

The pricing structure gives the project range. A one-bedroom at under AED 3 million sits within reach of investors targeting the Dubai rental market, where Business Bay consistently draws corporate and professional tenants. The four-bedroom penthouse at AED 27.59 million targets end-users entirely, given the scale and the unfurnished specification.

At 59 per cent construction progress with an April 2026 handover, the build timeline is defined rather than speculative. For buyers wary of early-stage off-plan risk, that proportion of completed construction offers a degree of certainty that newer launches in the same district cannot match.

The Homes

Residences

8 unit configurations available at Chic Tower.

Studio
sqft
Size
495
Price
AED 1,501,000
1 BR
sqft
Size
879
Price
AED 2,750,000
1 BR
sqft
Size
945
Price
AED 2,958,000
1 BR
sqft
Size
933
Price
AED 2,976,000
1 BR
sqft
Size
972
Price
AED 3,102,000
1 BR
sqft
Size
975
Price
AED 3,102,000
1 BR
sqft
Size
1,743–1,973
Price
AED 4,705,000AED 5,328,000
4 BR
sqft
Size
8,316
Price
AED 27,593,000
Structure

Payment plan

Payment Plan
  1. Phase 1
    20%
    On booking
  2. Phase 2
    20%
    During construction
  3. Phase 3
    60%
    Upon Handover
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking20%AED 300,200
During construction20%AED 300,200
Upon Handover60%AED 900,600
Total100%AED 1,501,000
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Lifestyle

Amenities

State-Of-The-Art Gymnasiums
Cabanas
Baths And Pools
180-Meter Long Lazy River
Spas
Football Arenas
Party Zones
Setting

Location

Set in Business Bay, Dubai. Explore more in our Business Bay guide.

Nearby
  • Maple Bear Pre School0.4 km · 1 min
  • Bay Avenue Park1.7 km · 5 min
  • Bay Avenue Mall1.7 km · 7 min
  • Dubai International Airport14.2 km · 15 min
  • Downtown2.6 km · 11 min
  • Jumeirah Open Beach10.4 km · 17 min

Distances and times shown are approximate, computed against generalised landmark coordinates and typical traffic conditions. Use them as a guide; actual commute time depends on building exit, district routing and time of day.

Resources

Documents

Escrow number
0205819445202
Service charge
22-24 AED/sqft
Furnishing
Unfurnished
Construction start
2023-03-16
Construction end
2026-12-31
Residences
13
Buildings
1
Readiness
59%
Buildings
  • Tower

    Studio, 1 & 2 bedroom apartments

Parking
  • 1 BR Apartment1 space
  • Studio Apartment1 space
  • 2 BR Apartment1 space
  • 3 BR Apartment2 spaces
  • 4 BR Apartment2 spaces
Questions

Frequently asked

Who is the developer of Chic Tower?+

DAMAC

Where is Chic Tower located?+

Chic Tower is located in Business Bay, Dubai, United Arab Emirates.

When is Chic Tower handing over?+

Handover is scheduled for APR 2026; the project is 59% complete.

What is the price of Chic Tower?+

Prices at Chic Tower currently range from AED 1,501,000 to AED 27,593,000.

Is Chic Tower registered with escrow?+

Yes, Chic Tower has escrow number 0205819445202 with the Dubai Land Department.

Enquire about Chic Tower

Request brochure, availability or a viewing.

A JRE advisor will respond within one business hour with the current brochure, floor plans, unit availability and payment plan for Chic Tower.

By sending this enquiry you agree to be contacted by a JRE advisor. See our privacy policy.