Chic Tower
Business Bay , Dubai
AED 823,000
≈
AED 823,000
Free Residency Visa
Construction Progress59%
Description
In the epicentre of Business Bay, the Chic Tower emerges as a remarkable partnership between DAMAC Properties and the renowned de GRISOGONO jewellery brand. The luxurious tower prides itself on a unique architectural style influenced by the rhythmic waves of the Dubai Water Canal. Tiered terraces elegantly flow down from a staggered roof, enhanced with peaceful pools that blend effortlessly into each other, cultivating a calm sanctuary within the vibrant city surroundings.
This branded venture consists of an array of carefully designed studios, 1 and 2-bedroom apartments. Each residence intentionally planned to optimise space and comfort.
Amenities & Features
Gym or Health Club
Swimming Pool
Property Details
CompletionOff-Plan -
Q2 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 823,000
DLD Fee (4%)AED 32,920
Trustee FeeAED 4,200
Agency (2%)AED 16,460
Total
InvestmentAED 876,580
Expected Annual Returns
Expected Annual RentAED 53,495
Service Charges (Est)-AED 6,720
Net Annual
IncomeAED 46,775
Net Annual ROI5.3% (after expenses)
Payback Period18.7 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa2 km
Dubai Mall2.4 km
Dubai Airport (DXB)13 km
Mall of the Emirates9.4 km
Dubai Marina16.8 km