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Off-plan

Chic Tower

Business Bay, Dubai by DAMAC Properties Handover Q4 2026

Chic Tower is an off-plan apartments development by DAMAC Properties in Business Bay, Dubai, with homes from AED 823,000 on a 40/60 payment plan and handover expected in Q4 2026. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 823,000

Overview

Apartments in Business Bay.

Chic Tower by de GRISOGONO is a wellness-focused ultra-luxury residential development located in Business Bay, Dubai, overlooking the Dubai Canal. The project is designed as a branded residence inspired by the healing properties of turquoise and reflects the signature aesthetic of master jeweller de GRISOGONO. Positioned in a prime central location, it combines waterfront views with immediate access to the city’s key business and lifestyle districts, offering a concept that merges urban convenience with a holistic luxury living environment.

The development is centered around a wellness-driven lifestyle concept, offering a wide range of health, fitness, and spa-oriented amenities. Residents are welcomed into a lobby designed with active lifestyle elements, including workout benches and weights. The podium level extends into a full spa experience complemented by an outdoor gym with calisthenics-focused equipment, alongside restorative baths, beauty treatment areas, and state-of-the-art fitness facilities. The overall concept emphasizes continuous well-being through integrated wellness infrastructure throughout the building.

The interiors feature luxury finishing with high-quality materials throughout all living spaces. Kitchens are fully equipped, designed for functionality and modern convenience. There is no furnishing included, and the residences are delivered unfurnished, maintaining a clean and customizable interior standard aligned with contemporary luxury residential expectations.

Details

Key facts.

Area
Business Bay, Dubai
City
Dubai
Starting price
AED 823,000
Status
Off-plan
Handover
Q4 2026
Property types
Apartment
Unit types
Studio – 4 BR
Payment plan
40/60
Golden Visa
Below AED 2M from-price

Amenities

Life in and around the building.

  • Security
  • Children's Play Area
  • Covered Parking
  • Barbecue Area
  • Lobby in Building
  • Shared Gym
  • Shared Spa
  • Shared Pool
  • View of Landmark
  • View of Water

Payment plan

40/60, paid in 3 steps.

40% before handover60% on handover
  1. 120%Down paymentOn booking
  2. 220%Construction instalmentsDuring construction
  3. 360%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%164,600
Construction instalmentsDuring construction20%164,600
Handover paymentOn handover60%493,800
Total100%823,000

*Worked example on the starting price of AED 823,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
Studio448
Unit typeSize (sq ft)
1 bedroom484
1 bedroom1973
Unit typeSize (sq ft)
2 bedrooms752
Unit type
4 bedrooms

Location

In Business Bay.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 823,000
Paid before handover
AED 329,200 (40%)
Due on handover
AED 493,800 (60%)
DLD registration (4%)
AED 32,920 verify
Golden Visa threshold
From-price is below AED 2M

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About DAMAC Properties.

Developer and master developer of DAMAC Lagoons, with DAMAC Islands 2 in Dubailand.
Projects on Sovereign
39
All projects by DAMAC Properties

Brochure & floor plans

Get the brochure and floor plans.

Ask our team, or leave your details and we will send the developer’s brochure and floor plans with current availability.

  • Project brochure
  • Floor plans for every unit type
  • Latest prices and payment plan
Download brochure PDF Get it on WhatsApp
Preferred language
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Chic Tower?

Homes at Chic Tower start from AED 823,000 for studios. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Chic Tower?

DAMAC Properties offers a 40/60 payment plan: 40% during construction and 60% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Chic Tower?

Handover is expected in Q4 2026. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Chic Tower?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Chic Tower qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Chic Tower?

Chic Tower is developed by DAMAC Properties. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Chic Tower?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Chic Tower.

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