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DAMAC Chic Tower in Business Bay, Dubai

Business Bay, Dubai
Q4 2026
Handover
1,742 sqft
From size
1-4 Bedroom
Layouts
Business Bay, Dubai · 1-4 Bedroom · from 1,742 sqft · handover Q4 2026 · starting at 4,705,000AED

About the project

Chic Tower is a residential tower by DAMAC Properties in Business Bay, Dubai, with the Dubai Canal at its foot. The idea behind it is turquoise and the healing powers the stone has long been credited with, and the interiors carry master jeweller de GRISOGONO's interpretation of the gemstone. DAMAC planned the whole building around wellness, starting in the lobby, which has workout benches and weights.

The residences

The homes now on sale are one-bedroom lofts on podium levels P4 and P5 and a four-bedroom duplex on level 34. Each loft is set over two floors, with the bedroom upstairs looking down into a double-height living room, and measures between 1,742 and 1,973 sq ft. The duplex covers 8,316 sq ft. DAMAC gives its three- and four-bedroom homes high in the tower a planted terrace, an infinity pool, a private gym and a projection screen for films and sport. Outside, curved terraces modelled on the waves of the canal run down the facade from a stepped roof where water spills from one pool into the next. DAMAC promises wide views over the Dubai Canal and beyond.

Spa, baths and the podium

Seven baths are the centre of the wellness offer, hot, cold, salt and mud among them. On the podium the main spa opens onto an outdoor gym fitted for calisthenics. A beauty bar has technicians who make creams for each resident's skin type, and the same level holds a juice bar, pools, cabanas, playgrounds, football pitches, party zones and a lazy river 180 metres long.

Location and payment plan

Downtown Dubai, Burj Khalifa, Dubai Mall and the Dubai International Financial Centre are all close to this part of Business Bay, and Dubai International Airport is about 15 minutes away by car. Buyers pay 20% on booking, 20% during construction and the remaining 60% on handover, which is scheduled for Q4 2026.

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Unit types

TypeBedsSizePrice
1BR11,743 sqft4,705,000 AED
4BR48,316 sqft27,593,000 AED

Payment plan

Stage%Milestone
Down payment20%On booking
During construction20%During construction
On handover60%Q4 2026

The developer

DAMAC Properties
Dubai's largest private luxury developer — iconic brand partnerships at every turn.
DAMAC Properties is a major private luxury developer with an extensive presence in Dubai, founded in 2002 by Hussain Sajwani. The company is renowned for its collaborations with global luxury brands — Versace, Roberto Cavalli, de GRISOGONO, Paramount, and Trump — and for landmark mega-developments such as DAMAC Hills (1, 2 & Lagoons), DAMAC Islands, and Akoya. Taken private in 2022, DAMAC is today one of the largest privately held real-estate companies in the Middle East.
2002FoundedDubai, UAEHeadquarters44,000+ units deliveredProjects delivered
View DAMAC Properties

About Business Bay

Dubai's Business Hub — steps from Burj Khalifa.

Business Bay is Dubai's primary central business district — a mixed-use destination combining office towers, luxury residences, and hotels along the Dubai Water Canal. Its proximity to Downtown Dubai, DIFC, and Sheikh Zayed Road makes it a top choice for business professionals and high-income tenants. In 2026, the defining trend is branded luxury residences from global names — Dorchester, Bugatti, Pagani — commanding price and rental premiums of up to 35% above standard projects.
5.7–7%Rental yieldJESS Jumeirah English Speaking School (Al Safa, ~10 min)NearbyGEMS Jumeirah Primary School (Al Safa, ~10 min)NearbyDowntown Dubai / Burj Khalifa · ~5 minDrive time
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Location

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Frequently Asked Questions about DAMAC Chic Tower

Who is the developer of Chic Tower?
Chic Tower is developed by DAMAC Properties, which has been building in the Middle East since 2002. DAMAC lists the jeweller de GRISOGONO among the brands it creates homes with, and Chic Tower carries that partnership.
Where is Chic Tower located?
Chic Tower stands on the Dubai Canal in Business Bay, Dubai. Downtown Dubai, Burj Khalifa, Dubai Mall and the Dubai International Financial Centre are close by, and Dubai International Airport is about a 15-minute drive.
What homes are on sale in Chic Tower?
Chic Tower currently offers one-bedroom duplex lofts on podium levels P4 and P5, between 1,742 and 1,973 sq ft, and a four-bedroom duplex of 8,316 sq ft on level 34. The unit table on this page shows each home.
When is handover at Chic Tower?
DAMAC Properties has scheduled handover of Chic Tower in Business Bay for Q4 2026.
What is the payment plan for Chic Tower?
The Chic Tower payment plan is 20% on booking, 20% during construction and 60% on handover, which is planned for Q4 2026.
What wellness facilities does Chic Tower have?
Chic Tower has seven baths, including hot, cold, salt and mud baths, a main spa that opens onto an outdoor calisthenics gym, a lobby with workout benches and weights, and a beauty bar where technicians make creams for each skin type.
What else is on the podium at Chic Tower?
Besides the spa, the podium at Chic Tower has pools, a juice bar, cabanas, playgrounds, football pitches, party zones and a lazy river 180 metres long.
What is the design idea behind Chic Tower?
Chic Tower is built on the theme of turquoise, with master jeweller de GRISOGONO's interpretation of the stone in the interiors. The facade has curved terraces modelled on the canal's waves and a stepped roof where water flows from pool to pool.
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