Developer Deal
Altitude de GRISOGONO (Canal Crown 2)
DAMAC PropertiesAzizi Riviera 9, Azizi Riviera, Meydan One, Meydan, Dubai, UAE
DLD Waiver
From
AED 1,180,000
Handover
Q4 2029
Payment Plan
70/30
Down Payment
10%
Back to Developer DealsDeveloperDAMAC PropertiesView developer profile
Chic Tower
Business Bay, Dubai, UAE
DeveloperDAMAC PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q2 2026
Post Handover
—
Payment Plan
60%
40%
20% down
About Chic Tower
Set to become a stunning adornment of Business Bay, Chic Tower is an upscale 41-storey tower by DAMAC Properties in collaboration with the world-renowned de GRISOGONO jewellery brand. For a distinctive look, the high-end skyscraper will feature a cascade of undulating terraces inspired by the waves of Dubai Water Canal. The terraces will descend from a stepped roof, where water will trickle from o…
Project documents
Brochures
Floor plans
Master plans
Payment schedule
Main
- Deposit
- 20%
- During construction
- 40%
- On handover
- 40%
Market Intelligence
Completed transactions in Chic Tower
Median sale price/sqft
AED 2,138/sqft+1.1%
Median sale price
AED 1,265,000
Median price/sqft over time
Feb 24Range AED 2,029 – AED 2,335Dec 24
Transaction activity
LiquidityStrongPrice momentumStable
33 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-20 | Chic Tower | Studio | 495 sqft | AED 1,250,000 | 2,525 |
| 2024-12-20 | Chic Tower | Studio | 479 sqft | AED 1,250,000 | 2,611 |
| 2024-12-20 | Chic Tower | Studio | 495 sqft | AED 1,250,000 | 2,525 |
| 2024-12-18 | Chic Tower | Studio | 509 sqft | AED 1,053,000 | 2,069 |
| 2024-12-18 | Chic Tower | Studio | 491 sqft | AED 1,053,000 | 2,144 |
| 2024-12-10 | Chic Tower | 2 | 1,670 sqft | AED 3,187,000 | 1,909 |
Completed transactions in Business Bay
Median sale price/sqft
AED 2,578/sqft+13.9%
Median sale price
AED 1,754,681
Gross rental yield
5.8%
Median annual rent
AED 101,538
Median price/sqft over time
Jul 25Range AED 2,059 – AED 2,723Jul 26
Community activity
LiquidityStrongPrice momentumRising
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Off-plan 68.3%Ready 31.7%
Primary vs resale
Primary 68.3%Resale 31.7%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Chic Tower
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Chic Tower
- What is the handover date for Chic Tower?
- Chic Tower is scheduled for handover in Q2 2026.
- What is the starting price of Chic Tower?
- Prices start from AED 3,102,000. Contact our team for current availability.
- Who is the developer of Chic Tower?
- Chic Tower is being developed by DAMAC Properties.
- Where is Chic Tower located?
- Chic Tower is located in Business Bay, Dubai, UAE.