![Avarra by Palace image of Avarra by Palace by Emaar Properties, Dubai,Business Bay,Avarra by Palace — [1]](https://new-projects-media.propertyfinder.com/project/4b93ef5b-25a3-448c-b6a7-63e36301166e/gallery/image/QoTEnWyO4lYdadxkl4wdY4jAuBtKSNbkweOM_2sQCWw=/medium.webp)

From: 2.8M AED
Dubai,Business Bay,Avarra by Palace
Launch price 2.8M AED*
*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

October 2026
March 15, 2023
Apartment
4%
![Avarra by Palace image of Avarra by Palace by Emaar Properties, Dubai,Business Bay,Avarra by Palace — [1]](https://new-projects-media.propertyfinder.com/project/4b93ef5b-25a3-448c-b6a7-63e36301166e/gallery/image/QoTEnWyO4lYdadxkl4wdY4jAuBtKSNbkweOM_2sQCWw=/medium.webp)

From: 2.8M AED
Dubai,Business Bay,Avarra by Palace
![Canal Heights 2 image of Canal Heights 2 by Damac Properties, Dubai,Business Bay,Canal Heights 2 — [1]](https://new-projects-media.propertyfinder.com/project/afc32326-6f8c-4d82-8bbf-367cb0bd34a7/gallery/image/rHh3Ro47VAZOUuUmxKDmkbSMaZaJLD1p612hOy88yQI=/medium.webp)

From: 2.8M AED
Dubai,Business Bay,Canal Heights 2
![Safa Two Tower B image of Safa Two Tower B by Damac Properties, Dubai,Business Bay,Safa Two — [1]](https://new-projects-media.propertyfinder.com/project/3fa4817e-5043-4c4c-9653-8dd0212b1286/gallery/image/pNbGwP9BQoe8B1BssGBUxPh8ApoQ8D6gUjgZ9QxVIqI=/medium.webp)

From: 3M AED
Dubai,Business Bay,Safa Two
![Al Habtoor Tower image of Al Habtoor Tower by Al Habtoor Group, Dubai,Business Bay,Al Habtoor City,Al Habtoor Tower — [1]](https://new-projects-media.propertyfinder.com/project/f74891b0-33d1-4ac9-a268-f70e2a211959/gallery/image/e3XsT29MXAb55XI32GqWHtWgmkh_McAMZZ1hbXNMlWQ=/medium.webp)

From: 2.4M AED
Dubai,Business Bay,Al Habtoor City,Al Habtoor Tower
![City Walk Crestlane Phase 5 image of City Walk Crestlane Phase 5 by Meraas Holding, Dubai,City Walk,City Walk Crestlane,City Walk Crestlane 5 — [1]](https://new-projects-media.propertyfinder.com/project/d7356e52-a954-4ba1-8343-722be388feb7/gallery/image/aYB_etCJyr7pX-7qmpUv5nurwArnoklSxbR2twSNBJA=/medium.webp)

From: 2.8M AED
Dubai,City Walk,City Walk Crestlane,City Walk Crestlane 5
![Fairmont Residences Solara Tower By Sol image of Fairmont Residences Solara Tower By Sol by Sol Properties, Dubai,Downtown Dubai,Fairmont Residences Solara Tower — [1]](https://new-projects-media.propertyfinder.com/project/32d92cda-2e54-47bb-90e7-fe67cbf94c97/gallery/image/TaxK5kOV5e06gBTUuRUUVAqnzNH5P04xZNg7dLyGPaY=/medium.webp)

From: 2.7M AED
Dubai,Downtown Dubai,Fairmont Residences Solara Tower
20%
Down payment
At sales launch
60%
During construction
20%
On handover
Project announcement
Booking Started
Construction Started
Expected Completion
Chic Tower by DAMAC Properties is a striking high-rise residence rising above the dynamic skyline of Business Bay, Dubai. Drawing inspiration from the calming, restorative essence of turquoise, this tower delivers a living experience that balances elegance with everyday comfort. From thoughtfully designed studios to spacious two-bedroom apartments, every residence is crafted to reflect the refined tastes of those who choose to call this address home. Whether you are a young professional, a growing family, or a savvy investor, Chic Tower offers a rare opportunity to secure a premium property in one of Dubai's most sought-after districts.
Business Bay stands as one of Dubai's most vibrant and well-connected urban destinations, blending commercial energy with upscale residential living. Chic Tower occupies a prime position within this district, placing residents steps away from the Dubai Canal waterfront, luxury dining establishments, and a thriving retail scene. The neighborhood has evolved into a community that attracts professionals, entrepreneurs, and families who value proximity to the city's pulse without sacrificing peace and privacy at home. Living here means being at the center of it all while still retreating to a sanctuary of comfort at the end of each day.
Chic Tower's location in Business Bay ensures that the city's most iconic destinations are always within easy reach. Residents benefit from swift access to major road networks, making daily commutes and weekend excursions equally convenient across Dubai.
Each unit type at Chic Tower is designed with intelligent layouts that maximize space, natural light, and views of the surrounding cityscape. The interiors reflect a contemporary design philosophy, pairing clean lines with premium finishes throughout.
The amenities at Chic Tower are curated to support a lifestyle that values both activity and relaxation. Residents have access to everything they need without leaving the building, creating a seamless and self-contained living environment.
Chic Tower's architectural identity is immediately distinctive. Its façade draws on the visual language of flowing water and cool turquoise tones, creating a visual narrative that stands apart from typical luxury towers in the city. The design is not merely aesthetic — it informs the internal spatial planning as well, with open-plan living areas, floor-to-ceiling glazing, and balconies that frame sweeping views of the Dubai Canal and the city's iconic skyline. Every detail, from the lobby to the upper-floor residences, reflects a commitment to refined design that endures beyond passing trends.
Life at Chic Tower is shaped by the richness of its surroundings and the quality of its community. Business Bay's evolving social scene, combined with the tower's own resident-focused amenities, creates an environment where everyday living feels genuinely elevated.
Dubai's real estate market continues to attract international attention, and Business Bay remains one of its strongest-performing locations for both rental yields and capital appreciation. Chic Tower, with its competitive entry price point starting at 2.8M AED for studios, offers investors a compelling proposition in a district where demand consistently outpaces supply. The tower's expected completion in 2026 positions early buyers to benefit from price growth during the construction phase, while the long-term appeal of its location and developer reputation adds further confidence to the investment case. Both end-users and buy-to-let investors will find strong reasons to act decisively.
DAMAC Properties is one of the most recognized names in luxury real estate development across the Middle East and beyond. Since its founding in 2002, the company has delivered thousands of residential, commercial, and hospitality units across Dubai and internationally, building a reputation for delivering premium quality at scale. DAMAC's portfolio includes landmark collaborations with globally renowned luxury brands and a consistent track record of on-time delivery. Choosing a DAMAC property means trusting a developer with the experience, resources, and vision to bring ambitious projects to life — and Chic Tower is a clear expression of that legacy.
![image of Chic Tower by Damac Properties, Dubai,Business Bay,Chic Tower — [1] image of Chic Tower by Damac Properties, Dubai,Business Bay,Chic Tower — [1]](https://new-projects-media.propertyfinder.com/project/0b418798-08e6-421c-92e8-e6ca2866c892/master_plan/image/WCEwZrdkD-fkUnJnTYgVcEAdAWMPGY9FTPYuGss7ZCI=/original.webp)
Chic Tower by Damac Properties introduces a sophisticated living experience in the heart of Business Bay, Dubai. This modern residential project embodies luxury and elegance with its sleek, contemporary design and premium interiors. The tower offers a selection of meticulously crafted homes, designed to meet the needs of the modern professional and family alike. Featuring stunning views of the Dubai Canal, Burj Khalifa, and the vibrant city skyline, Chic Tower places residents at the center of Dubai’s business and cultural scene. The prime location ensures seamless access to iconic landmarks such as Downtown Dubai, Dubai Opera, and Dubai Mall. In addition to its strategic position, Chic Tower offers a range of top-tier amenities, including a state-of-the-art fitness center, infinity pool, wellness center, and retail spaces.

Business Bay features 391 buildings. Average sale prices have increased by 10.9% YoY, with 9,041 sale transactions recorded over the past 12 months.
I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.
Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views
Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.
One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.
Amazing
apartment
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type C4 Balcony 04 | |||
| Type C7 Balcony 20 | |||
| Type C18 Balcony 39 | |||
| Type C23 Balcony 01 | |||
| Type C9 Balcony 06 | |||
| Type C5 Balcony 19 | |||
| Type C1 Balcony 03 | 448 | ||
| Type C3 Balcony 33 | |||
| Type C22 Balcony 31 | |||
| Type C14 Balcony 09 | |||
| Type C11 Balcony 08 | |||
| Type C13 Balcony 38 | |||
| Type C15 Balcony 24 | |||
| Type C2 Balcony 18 | |||
| Type C12 Balcony 23 | |||
| Type C19 Balcony 41 | |||
| Type C20 Balcony 26 | |||
| Type C6 Balcony 05 | |||
| Type C10 Balcony 21 | |||
| Type C21 Balcony 11 | |||
| Type C8 Balcony 35 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type A11 Balcony 22 | |||
| Type A12 Balcony 17 | |||
| Type A2 Balcony 12 | 752 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type B2 Balcony 44 | |||
| Type B1 Balcony 29 | |||
| Type B7 Balcony 47 | |||
| Type B5 Balcony 40 | |||
| Type B4 Balcony 10 | |||
| Type B3 Balcony 35 | |||
| Type B6 Balcony 46 |
available in this project.
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| Studio apartment | 1,350,900 | 495 | 22 Jul 2026 |
| 1 bed apartment | 2,791,800 | 975 | 25 Jun 2026 |
| 2 bed apartment | 4,359,000 | 1,572 | 17 Oct 2025 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 1 bed apartment | 7 % | 83,119 |
| 2 bed apartment | 7 % | 139,687 |
| 3 bed apartment | 7 % | 230,812 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.