Chic Tower

Under Construction · Due Q3 2025 · 48%|467 units · 1 building

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Chic Tower is an under-construction apartment development by PAX INVESTMENT L.L.C in Business Bay, comprising 467 registered units. 538 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,313 per sqft. At AED 2,313 per sqft, Chic Tower prices 5% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · ↑7.3% YoY

1.97MAED

Typical

2,313AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

538

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationBusiness Bay in Business Bay

Drive times · typical

Downtown Dubai10 min · 4.2 km

DXB Airport16 min · 15.8 km

DIFC13 min · 6.3 km

Dubai Marina21 min · 20.9 km

Palm Jumeirah21 min · 23.2 km

Nearest · straight-line

Metro stationBusiness Bay0.9 km

MallBrand Range Trading L.L.C0.3 km

SchoolFirst Class Learning Dubai - English, Maths and Science0.2 km

HospitaliSON Healthcare LLC0.2 km

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Chic Tower2,313AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend
PIX© Core Project-Wide 426 – 8,316 sqft	467	1.97M	2,313	↑7.3%
Residential
Studio · Apartment 426 – 634 sqft	231
1 Bed · Apartment 753 – 1,973 sqft	151
2 Bed · Apartment 1,314 – 1,754 sqft	81
4 Bed · Apartment 8,316 sqft	1	—	—	—	—
Commercial
Shop 738 – 810 sqft	3	—	—	—	—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide538 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Floor Analysis

last 24 months

Floors	Median PSF
All floors	64 sales
Floors 2-22	32 sales
Floors 23-34	32 sales

Median PSF · 64 sales

Floors 2-22 · 32 sales

Floors 23-34 · 32 sales

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
5 Aug 2026	1 Bed	Floor 7	778	1,595,000	2,049	0.0%	Entry Level	Off-Plan Sale
3 Aug 2026	Studio	Floor 12	481	1,008,000	2,094	0.0%	Entry Level	Off-Plan Sale
22 Jul 2026	Studio	Floor 18	495	1,350,900	2,728	—	Premium	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Chic Tower

Compared with

Onda By Kasco

PIX© PSF

2,425

Rank

#24 of 39

#23 of 39

Typical price

2.04M

Yield

—

Units

467

352

Sales

538

296

Rents

—

Developer

PAX INVESTMENT L.L.C

KASCO REAL ESTATE DEVELOPMENT L.L.C

Handover

Due 2025

Due 2027

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	DG1 Living DAR DG GLOBAL PROPERTY DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	249					227	—
	Binghatti Skyrise Binghatti Developers FZE · Due 2026 · Off-plan pricing	3,358					3,297	—
	The Quayside QUAYSIDE DEVELOPERS L.L.C · Due 2026 · Off-plan pricing	119					120	—
	Peninsula Three SELECT GLOBAL DEVELOPMENT L.L.C · Due 2025 · Off-plan pricing	859					820	353
	Onda By Kasco KASCO REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	352					296	—
24	Chic Tower PAX INVESTMENT L.L.C · Due 2025 · Off-plan pricing	467	2,425	Subject	2.04M	—	538	—
	Royal Regency ALSEEB REAL ESTATE DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	165					170	66
	Aykon City 3 DAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	1,294					1,365	—
	Luxury Family Residence 2 KAPPA ACCA REAL ESTATE DEVELOPMENT · 2023 · Off-plan pricing	205					227	122
	Aykon City 2 DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C · 2023 · Off-plan pricing	993					308	888
	Peninsula Five SELECT GLOBAL DEVELOPMENT L.L.C · 2024 · Off-plan pricing	383					185	285

Community median 2,539 AED/sqft. Showing the closest-ranked peers of 39 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 72 excluded for trading only in the ready market. 21 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

The EDGEAED 2,316/sqft
The PadAED 2,294/sqft
Citadel TowerAED 2,274/sqft
Ahad ResidencesAED 2,250/sqft
51@Business BayAED 2,376/sqft
Luxury Family Residence 2AED 2,240/sqft

Common questions about Chic Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Chic Tower cost?

Property in Chic Tower sells at a current PIX© price of AED 2,313 per sqft, or about AED 1,969,780 for a typical unit, based on 538 sales registered with the Dubai Land Department.

When is Chic Tower handing over?

Chic Tower is under construction, due q3 2025, and is 48% complete against the Dubai Land Department's reported progress.

Who is the developer of Chic Tower?

Chic Tower is developed by PAX INVESTMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Chic Tower?

Chic Tower holds 467 registered units, per the Dubai Land Department unit register.

Have prices in Chic Tower gone up or down?

Price per sqft has risen +7.3% over the last 12 months, to AED 2,313, across 538 registered sales.