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Delivery Date: Q4 2026

Chic Tower

Launch price 2.8M AED*

*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

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Developer
Damac Properties
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Key information

  • Delivery date

    October 2026

  • Sale starts

    March 15, 2023

  • Location
  • Payment plan
  • Number of buildings
  • Property types

    Apartment

  • Government fee

    4%

Payment plan

  • 20%

    Down payment

    At sales launch

  • 60%

    During construction

  • 20%

    On handover

  • Project timeline

    • Project announcement

    • Booking Started

    • Construction Started

    • Expected Completion

    About the project


    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.


    Prime Location: Dubai, Business Bay, Chic Tower


    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.


    Connectivity and Accessibility to Key Locations


    • 05 Minutes to Downtown Dubai
    • 10 Minutes to Dubai Mall
    • 15 Minutes to Dubai International Airport


    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.


    Property Types and Sizes


    • Studio Apartments — Starting from 2.8M AED, ideal for singles or young couples seeking a stylish urban base
    • 1-Bedroom Apartments — Perfect for professionals or couples who want additional living space and comfort
    • 2-Bedroom Apartments — Well-suited for small families or those who prefer generous room configurations and flexibility


    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.


    Detailed Amenities and Facilities


    • Infinity Swimming Pool with panoramic city views
    • Fully equipped Fitness Center for daily training and wellness routines
    • Wellness Spa offering relaxation and rejuvenation treatments
    • Retail Shops conveniently located within the tower


    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.


    Unique Architectural Features and Design Elements


    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.


    Lifestyle and Community Aspects


    • A cosmopolitan residential community attracting professionals and families from around the world
    • Proximity to fine dining, cafés, and waterfront promenades along the Dubai Canal
    • Access to cultural landmarks, entertainment venues, and business hubs within minutes
    • A secure, managed environment that fosters comfort and a strong sense of community


    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.


    Investment Potential and Market Value


    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.


    Developer Profile: DAMAC


    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.

    Chic Tower masterplan

    image of Chic Tower by Damac Properties, Dubai,Business Bay,Chic Tower — [1]


    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.


    Key Features:


    Location:


    • 05 Minutes to Downtown Dubai
    • 10 Minutes to Dubai Mall
    • 15 Minutes to Dubai International Airport

    

    Amenities:


    • Infinity Swimming Pool
    • Fitness Center
    • Wellness Spa
    • Retail Shops

    Location

    Map preview

    Amenities

    • Landscaped Gardens
    • Health Club
    • Gymnasium
    • Restaurants
    • Retail Facilities
    • Built in Wardrobes
    • Kitchen Appliances
    • Covered Parking
    • View of Landmark
    • Lobby in Building

    Units

    from developer

    apartment

    Layout typeSize (sqft)No. of BathroomsFloor plan
    Type C2 Balcony 18
    Type C6 Balcony 05
    Type C21 Balcony 11
    Type C19 Balcony 41
    Type C11 Balcony 08
    Type C14 Balcony 09
    Type C13 Balcony 38
    Type C20 Balcony 26
    Type C15 Balcony 24
    Type C10 Balcony 21
    Type C12 Balcony 23
    Type C4 Balcony 04
    Type C18 Balcony 39
    Type C8 Balcony 35
    Type C7 Balcony 20
    Type C23 Balcony 01
    Type C9 Balcony 06
    Type C5 Balcony 19
    Type C3 Balcony 33
    Type C1 Balcony 03448
    Type C22 Balcony 31
    Out of stock
    Layout typeSize (sqft)No. of BathroomsFloor plan
    Type A11 Balcony 22
    Type A12 Balcony 17
    Type A2 Balcony 12752
    Out of stock
    Layout typeSize (sqft)No. of BathroomsFloor 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
    Out of stock

    available in this project.

    Sold history for Chic Tower

    TypeAEDArea (sqft)Date sold
    Studio apartment1,142,96049525 Mar 2026
    1 bed apartment2,976,00093322 Apr 2026
    2 bed apartment4,359,0001,57217 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.

    Estimated rent you could get

    This rental estimate is calculated based on the current ROI of Business Bay. The estimated rental price represents the ROI percentage of the average sale price.
    TypeRental YieldEstimated rent (AED/year)
    1 bed apartment7 %82,611
    2 bed apartment7 %143,233
    3 bed apartment7 %224,921

    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.

    Developer properties are out of stock.

    Frequently asked questions

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