Chic Tower at Business Bay, Dubai

Chic Tower is a luxury residential development by DAMAC Properties, created in partnership with the renowned Swiss jewellery brand de GRISOGONO. Located in the prestigious Business Bay district, this upscale 41-storey tower redefines waterfront living in Dubai with a distinctive design inspired by the flowing waves of the Dubai Water Canal and the elegance of turquoise gemstones.

• Starting Price: AED 823K
• Available Units: Studios, 1 & 2 Bedroom Apartments
• Size Range: From 413 sq. ft to 1,679 sq. ft
• Location: Business Bay, Dubai
• Developer: DAMAC Properties
• Handover Date: Q2 2026
• Payment Plan: 80/20

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.

Property Information

Chic Tower features a collection of studios, 1-bedroom, and 2-bedroom apartments. The apartments range from 413 sq. ft to 1,679 sq. ft, thoughtfully designed to offer both comfort and elegance.

Each unit includes modern fitted kitchens and spacious balconies offering panoramic views of the Burj Khalifa and Dubai Water Canal.

The building’s structure and finishes reflect a strong architectural identity with contemporary design, high-quality materials, and aesthetics that match the luxury standards of the Business Bay area.

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.

Payment Plans

Chic Tower offers a flexible 80/20 payment plan to support buyers and investors:

• 20% on Booking

• 60% during Construction

• 20% on Handover in Q2 2026

This investor-friendly structure allows for manageable payments across the construction phase while securing a valuable asset in one of Dubai’s prime locations.

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.

Nearby Attractions & Distances

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

• Dubai Mall, Burj Khalifa, Dubai Opera – under 10 minutes

• Dubai International Airport (DXB) – 20 minutes

• Dubai Marina – 20 minutes

• Business Bay Metro Station – Walking distance

• Clover Bay Station 1, Binary Tower, Marine Transport Station – Nearby

• Schools: Horizon English School, Al Safa High School, Learning Tree Nursery

• Hospitals: Emirates Hospital Clinic, EK Clinic SZC

• Supermarkets & Services: Talabat Mart, Dubai Islamic Bank

• Restaurants: The Larder, Story Lounge & Restaurant, Hako Sushi

Amenities and Facilities

Chic Tower offers a collection of world-class lifestyle amenities, focused on wellness, luxury, and community living:

• 7 wellness baths including mud, salt, cold, and hot baths

• Infinity swimming pool (164 ft) and a 590-ft lazy river

• Outdoor gym with calisthenics equipment

• Youth Fountain wellness feature

• Beauty bar with custom-made skincare products

• Juice bar and outdoor party spaces

• Football arenas and children’s play areas

• 24/7 concierge and valet parking services

• Private cabanas for relaxation

These features ensure that residents enjoy a luxury resort-style living experience, every day.

About the Developer

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.

Frequently Asked Questions

What is the starting price of Chic Tower apartments?
The starting price is from AED 823,000.

What types of apartments are available in Chic Tower?
The project offers studios, 1-bedroom, and 2-bedroom apartments.

Where is Chic Tower located?
Chic Tower is located in Business Bay, alongside the Dubai Water Canal.

Who is the developer of Chic Tower?
The project is developed by DAMAC Properties in collaboration with de GRISOGONO.

When is the handover date for Chic Tower?
The expected handover is in Q2 2026.

What is the payment plan for Chic Tower?
The payment plan includes 20% on booking, 60% during construction, and 20% upon handover.

Does the property qualify for a UAE investor visa?
Yes, properties worth AED 750,000 or more qualify for a 3-year investor visa.

Is Chic Tower a good investment?
Yes, with a 6.9% gross ROI in Business Bay and high rental demand, it offers excellent investment potential.

If you're interested in this incredible property, don’t hesitate to get your free homebuyer consultation today with our RERA-certified experts.

Simply email us at info@houseandhedges.ae or WhatsApp your details to +971523362441. We’ll get in touch with you the same day to answer all your queries and guide you through every step of the process.

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