Chic Tower is a luxury residential skyscraper in Dubai’s Business Bay, developed by DAMAC Properties in collaboration with the jeweler de GRISOGONO. It’s known for its wellness-focused amenities and direct views of the Dubai Water Canal
Key Features
Developer: DAMAC Properties
Location: Business Bay, Dubai
Property Types: Studios, 1, 2, 3, and 4-Bedroom Apartments
Starting Price: ~ AED 823,000 – 1,200,000 (Prices vary by source and unit type)
Handover: Conflicting information from Q3 2025 to Q2 2026; verify with the sales office
Payment Plan: 80/20 (20% down payment, 60% during construction, 20% on handover)
Amenities
Wellness & Amenities Chic Tower is designed as a holistic wellness destination:
Unique Water Features: 50m infinity pool, 180m lazy river, and seven specialized revitalizing baths (e.g., hot, cold, salt, mud)
Health & Beauty: Outdoor calisthenics gym, beauty lounge for custom-made creams
Lifestyle & Recreation: Rooftop terraces, private cabanas, children’s play area, and 24/7 concierge
Investment Value
High ROI Potential: Estimated rental yield of around 8% for 1-bedroom apartments
Golden Visa Eligibility: Property purchase may qualify you for the UAE’s long-term residency visa
Branded Luxury: Collaboration with de GRISOGONO adds unique value and appeal