CHIC TOWER

Off-Plan

Started

2 years 10 months ago15-03-2023

Handover

5 months ago30-07-2025

Status

48% BuiltIn Progress

Project Description

G+5P+36F+R (G + 29) ,Residential.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Falling

-4%

Decline

Current:AED 2,287/sqft

Last 12M:AED 2,386/sqft

Momentum: Last 12Mvs Prior Year

Rising

+12%

Growth

Last 12M:AED 2,386/sqft

Prior Year:AED 2,123/sqft

Community Compare: Last 90DBusiness Bay

Discount

-14%

Below Avg

Project:AED 2,287/sqft

Community:AED 2,648/sqft

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Studio FlatFloors 2-34	Inventory 231units 38 layouts · Typically 1 parking 6-22 sqm balcony	Size Range 413-1,435sqft	Price Range AED 779K - AED 1.6M	Avg PSF 2,204	Sales 269	Trend —

Asset Class 1 Bed FlatPodium + Floors 2-34	Inventory 151units 40 layouts · Typically 1 parking 10-42 sqm balcony	Size Range 743-1,973sqft	Price Range AED 1.3M - AED 2.9M	Avg PSF 2,142	Sales 165	Trend —

Asset Class 2 Bed FlatFloors 2-33	Inventory 81units 17 layouts · Typically 1 parking 33-63 sqm balcony	Size Range 1,314-1,754sqft	Price Range AED 1.7M - AED 4.5M	Avg PSF 2,000	Sales 91	Trend —

Asset Class 4 Bed FlatFloor 34	Inventory 1units Typically 1 parking ~417 sqm balcony	Size Range 8,316-8,316sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Asset Class Land	Inventory 0units	Size Range 60,830-60,830sqft	Price Range —	Avg PSF 1,808	Sales 0	Trend —

Asset Class ShopPodium	Inventory 3units 3 layouts · Typically 1 parking	Size Range 738-4,677sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 6 asset classes covering 467 units