PropertyIndex
DAMAC

Chic Tower

Under Construction · Date not reported|467 units · 1 tower
Ask ChatGPTAsk Claude

Chic Tower is an under-construction development by DAMAC in Business Bay, comprising 467 registered units. 539 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,256 per sqft. At AED 2,256 per sqft, Chic Tower prices 14% below the Business Bay median of AED 2,614 per sqft on registered sales.

PIX© price · ↑9.3% YoY
1.88MAED
Typical
2,256AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
539
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 7
…

Studio on Floor 7, Chic Tower

Size
Record
Nov 2022 to Dec 2025
Owners
4
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
4Owner 46 Dec 20259 mo
Current owner
3Owner 321 May 20257 mo
2Owner 214 Jul 202322 mo
1Owner 116 Nov 20228 mo
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 7 · Chic Tower
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
Chic Tower

Units

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

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
426 - 8,316 sqft
4671.88M2,256↑9.3%
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-Wide539 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
5 Aug 20261 BedChic Tower · Floor 77781,595,0002,0490.0%Entry LevelOff-Plan Sale
3 Aug 2026StudioChic Tower · Floor 124811,008,0002,0940.0%Entry LevelOff-Plan Sale
22 Jul 2026StudioChic Tower · Floor 184951,350,9002,728-PremiumOff-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.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

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 2,256 per sqft, or about AED 1,877,732 for a typical unit, based on 539 sales registered with the Dubai Land Department.

When is Chic Tower handing over?

Chic Tower is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Chic Tower?

Chic Tower is developed by DAMAC, 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 +9.3% over the last 12 months, to AED 2,256, across 539 registered sales.