Chic Tower by Damac

Name: Chic Tower by Damac
Brand: DAMAC Properties
Price: 823000 AED
Availability: InStock
Rating: 4.99 (117 reviews)

Business Bay

Apartments

Studio1 Bedroom Apartment2 Bedroom Apartment3 Bedroom Apartment4 Bedroom Apartment

Project Overview

Chic Tower stands as a jewel in Dubai’s skyline, located in the prime neighborhood of Business Bay. Developed by DAMAC in collaboration with de GRISOGONO, the tower brings a new era of opulence to waterfront living. The building’s terraced structure is designed to echo the flow of water, creating an atmosphere of relaxation and prestige. The exterior and interiors are heavily inspired by the precious turquoise gemstone, promising luxury in every detail. Chic Tower offers seamless connectivity with nearby key areas like Downtown Dubai, Dubai Marina, and Dubai International Airport, making it a strategic location for professionals, investors, and residents alike.

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Project Detail

Starting Price

AED823,000

Owner Type

Freehold

Size Range

413 - 7,522

Handover Date

Q2 2026

Project Description

Chic Tower brings together wellness, luxury, and lifestyle in one iconic building. The residences are more than just homes—they are private sanctuaries inspired by nature and luxury. With its unique stepped terrace design, cascading pools, and fluid architecture, Chic Tower creates a sense of tranquility amidst Dubai’s dynamic urban core. The interior design takes cues from the turquoise gemstone—a symbol of health, peace, and energy—while the collaboration with de GRISOGONO ensures every inch of the tower exudes sophistication. Whether you're looking to live, invest, or own a holiday home in Dubai, Chic Tower presents a compelling opportunity. Its location in Business Bay—Dubai’s business and lifestyle hub—makes it ideal for young professionals, high-net-worth individuals, and international investors.

Economic Appeal

Chic Tower stands out not only for its luxury appeal but also for its investment potential. The Business Bay area has an average gross ROI of 6.9% for 1-bedroom apartments (as of Q3 2023, Property Finder), with rental rates beginning at AED 50,000 per year. The project’s proximity to major commercial and leisure hubs, alongside its wellness-driven offerings and architectural prestige, makes it highly appealing for short-term lets and long-term leases. Buyers of properties priced from AED 750,000 can also apply for a 3-year investor visa through the Dubai Land Department’s Taskeen Programme, opening doors to residency and banking privileges in the UAE.

Location

Chic Tower’s central location ensures residents have quick access to Dubai’s most iconic destinations and practical amenities- 10km

About the Develoepr

DAMAC Properties is one of the leading real estate developers in the UAE, known for delivering premium residential, commercial, and leisure properties across the region and beyond. Established in 2002, DAMAC has completed dozens of iconic projects, including collaborations with luxury brands like Versace, Fendi, and now de GRISOGONO. The developer is known for integrating luxury, style, and functionality into its projects, with a proven track record of timely handovers and quality assurance. Chic Tower adds to DAMAC’s growing portfolio of high-end branded residences and continues its tradition of architectural excellence.