
Chic Tower is a modern development on the Dubai Canal in Business Bay. The façade and interiors are designed in collaboration with de Grisogono, giving the tower elegance and style. It features a ground floor, 5 podium levels, 36 residential floors, and a roof level. Chic Tower offers a high level of comfort and amenities for residents. The development will offer a variety of contemporary studios and 1-4 bedroom apartments with stunning views of the city and water canals. Luxurious finishes and state-of-the-art facilities make the residences at Chic Tower appealing to those who appreciate comfort and style. The Chic Tower complex has been designed to provide a variety of amenities and services for residents. It offers swimming pool, gym, communal lounge areas, car parking, 24-hour security, gardens, playgrounds, exclusive services and panoramic views of Dubai. The complex provides a cosy and comfortable space for upscale living. Due to its location in the Business Bay area, Chic Tower residents will have easy access to all key locations and facilities in the city, including business districts, shopping centres, restaurants and entertainment venues. The largest shopping centre Dubai Mall is 7 minutes away, Dubai International Airport can be reached in 15 minutes and the Burj Al Arab Hotel and the famous Dubai Marina are within a 20-25 minute radius.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| DAMAC «Chic Tower» launch basis | 1,239 | AED 1.11M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |


















DAMAC «Chic Tower» official render 1

DAMAC «Chic Tower» official render 2

DAMAC «Chic Tower» official render 3

DAMAC «Chic Tower» official render 4

DAMAC «Chic Tower» official render 5

DAMAC «Chic Tower» official render 6

DAMAC «Chic Tower» official render 7

DAMAC «Chic Tower» official render 8

DAMAC «Chic Tower» official render 9

DAMAC «Chic Tower» official render 10
Astraterra Properties
Download official marketing materials from Damac Properties.
Contact us for detailed payment schedule and milestones
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Business Bay
DAMAC «Chic Tower» by Damac Properties
Located in Business Bay
Starting from AED 1,115,000
Unit mix includes Studio, 1 BR, 2 BR, 4 BR
Expected handover: Oct 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Register Your Interest