Apartments · Business Bay
Damac Chic Tower
by Damac Properties · Business Bay
Chic Tower, inspired by the healing properties of turquoise, is a place where wellness and opulence collide. These apartments are designed by master jeweler De Grisogono. The luxurious collection of homes includes studios, and one, two, three, and four-bedroom apartments.…
Listed 21 Mar 2025
Off-plan- Starting price
- AED 850,000
- Payment plan
- 20/60
- Handover
- TBA
- Bedrooms
- 1, 2, 3, 4, Studio
- Property type
- Apartments
Source: developer listing, last verified .
DLD verification pendingOverview
About Damac Chic Tower
Chic Tower, inspired by the healing properties of turquoise, is a place where wellness and opulence collide. These apartments are designed by master jeweler De Grisogono. The luxurious collection of homes includes studios, and one, two, three, and four-bedroom apartments. Chic Tower is of unrivaled quality, having been designed with your comfort in mind. From your home, you can also enjoy sweeping views of Dubai’s iconic Canal, giving you a new view of life. Chic Tower, located in the heart of Dubai, combines opulence and wellness. Restorative baths, beauty treatments, cutting-edge gyms, residential luxury, and the fabled fountain of youth are all part of De Grisigono’s interpretation of one of the world’s most beloved gemstones.
Highlights
Why buyers look at this project
- Starting Price 850k AED, Designed by Master Jeweller De Grisogono, Wellness & Hollistic Facilities, 180-meter lazy river, Infinity Pool, Beauty Bar, Studios to 4 Bedroom Apartments, Located in Business Bay
Details
Project details
- Starting Price
- AED 850,000
- Payment Plan
- 20/60
- Property Types
- Apartments
- Developer
- Damac Properties
- Bedrooms
- 1, 2, 3, 4, Studio
- Location
- Business Bay
- Status
- Off-plan
Gallery
Renders and views
Developer renders and photos as published. Drag or swipe for more.
Amenities
Amenities
Damac Chic Tower offers an exceptional array of world-class amenities designed to enhance every aspect of modern living.
- At Chic Tower
- you own the youthful aura that surrounds you
- and It is solely yours. Maintain your youth by indulging in the chic tower's premium amenities. This is the ideal place to lose yourself in a world as peaceful as the water that laps gently around you...
Payment plan
How the price is paid
20/60
Step 1
During Construction
20%
≈ AED 170,000 on the starting price
Step 2
On Handover
60%
≈ AED 510,000 on the starting price
The published steps cover 80% of the price; the developer confirms the full schedule, including any post-handover instalments, at booking.
Post-handover payment plans may be available. Contact our specialists for customized financing options.
Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.
Unit types
Units and floor plans
Floor plans are sent on request, with current availability and the exact price list.
Unit mix: 1, 2, 3, 4, Studio · Apartments
Request floor plansClose
Location
Business Bay and connectivity
The chic tower is located in Business bay and is a waterfront address with Downtown, Burj Khalifa, Dubai Mall, and Dubai International Financial Centre nearby. If your travels take you beyond the city lights, Dubai International Airport is only a 15-minute drive away.
About the area
Business Bay
55 projects listed in Business Bay
Business Bay sits right at the centre of Dubai, running along the Dubai Canal with Downtown and the Burj Khalifa just a few minutes up the road. What started out as the city’s answer to Manhattan has grown into something more interesting: a proper neighbourhood…
All projects in Business BayInvestment
Investment outlook
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
- Projected Rental Yield
- 6–8%
- Potential Capital Appreciation
- 10–15%
- Golden Visa Eligibility Potential
- AED 2M+
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.
Financing
Financing options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.
About the developer
Damac Properties
78 projects listed
Explore the world of DAMAC Properties, one of Dubai’s most recognised private real estate developers, known for shaping luxury communities, branded residences, and lifestyle-driven destinations across the UAE and international markets. Since 2002, DAMAC has delivered tens of thousands of homes and built a reputation for bold design, glamour, and…
All projects by Damac PropertiesFAQ
Questions buyers ask
What is off-plan property in Dubai?
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
Can foreigners buy property in Dubai?
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
What is a payment plan and how does it work?
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
What is the UAE Golden Visa and how can real estate qualify?
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
How do I get a mortgage for a Dubai property?
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
What is the expected ROI from Dubai off-plan property?
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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Enquire
Ask about Damac Chic Tower
Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 850,000, 20/60 plan, handover TBA.
AED 850K
20/60 plan