Off-planChic Tower, Business Bay
HIGHLIGHTS
About Chic Tower
Chic Tower is an off-plan residential building in Business Bay. Located on Al A‘amal Street, the project by DAMAC will overlook Dubai Canal, offering beautiful views from its studio, 1 and 2-bedroom apartments. The units can be booked with an up-front payment of 20%. The completion is expected in April 2026.
The tower will have good fitness options, including a gymnasium, swimming pool and meditation decks. There will be poolside cabanas, parks, juice bars, party zones and a barbecue area for leisure. Children will find a dedicated play area within the premises.
Business Bay is a centrally located area in Dubai. With Dubai Canal running through the community, one can find several waterfront properties surrounded by shopping, dining, leisure, education and healthcare facilities. It is well-connected to the rest of the city, mainly via Sheikh Zayed Road and Al Khail Road.
DAMAC Properties has long been a cornerstone of the UAE’s real estate sector, known for delivering some of the most iconic developments in the region. Whether you're an investor or a homebuyer, keeping an eye on new projects by DAMAC Properties can help you stay ahead in a highly competitive market.
In a Nutshell
- Type of building: Residential
- Expected date of completion: April 2026
- Location: Business Bay
- Developer: DAMAC Properties
- Unit type: Studio, 1 and 2-bedroom apartments
- Amenities: Gymnasium, swimming pool, spa, meditation decks, poolside cabanas, parks, juice bars, party zones, barbecue area, play area for kids, covered parking, elevators, CCTV system
BUILDING DETAILS
Payment Plan
Those interested in Chic Tower apartments can check out the payment schedule.
| Milestone | Instalment | %Payment |
|---|---|---|
|
Milestone On Booking |
Instalment 1 |
%Payment 20% |
|
Milestone Within 12 months (5% Quarterly) from booking date |
Instalment 2-5 |
%Payment 20% |
|
Milestone Within 39 months (4% Quarterly) from booking date |
Instalment 6-14 |
%Payment 36% |
|
Milestone On 70% construction completion |
Instalment 15 |
%Payment 1% |
|
Milestone On 80% construction completion |
Instalment 16 |
%Payment 1% |
|
Milestone On 90% construction completion |
Instalment 17 |
%Payment 1% |
|
Milestone On 95% construction completion |
Instalment 18 |
%Payment 1% |
|
Milestone On 100% Completion |
Instalment 19 |
%Payment 20% |
Key Takeaways:
- A down payment of 20% is needed at booking time.
- The last instalment of 20% has to be paid on handover.
Expected Completion Date
The project is expected to be completed in Q2 2026.
Facilities in Chic Tower
IN-HOUSE FACILITIES
Fitness enthusiasts will find a fully-equipped gym in Chic Tower and a swimming pool, spa and meditation decks. Children will be able to spend leisure time in the play area, whereas adults will get options like poolside cabanas, parks, juice bars, party zones and a barbecue area.
PARKING
Residents will get covered parking in Chic Tower Business Bay.
ELEVATORS
There will be high-speed elevators in Chic Tower Business Bay.
SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES
Security staff in Chic Tower will be equipped with a CCTV system for the maximum safety of residents.
Chic Tower Floor Plan
Bayut has developed a simple 2D and 3D floor plans format on the website. You can view the floor plan as per your desired bed type and location in which you are interested in browsing floor plans for Chic Tower.
Apartment Types in Chic Tower
DAMAC Chic Tower offers studio, 1 and 2-bedroom apartments.
STUDIO APARTMENTS IN CHIC TOWER
Studio apartments in Chic Tower will have one bathroom, a kitchen and a balcony. Loft-type units will have an additional balcony. These units will have covered areas between 413 sq. ft. and 1,048 sq. ft.
1-BEDROOM APARTMENTS IN CHIC TOWER
1-bedroom apartments in Chic Tower will include one bathroom, a living/dining area, a kitchen and a balcony. The covered areas range from 741 sq. ft. to 1,624 sq. ft.
2-BEDROOM APARTMENTS IN CHIC TOWER
2-bedroom apartments in Chic Tower will feature two bathrooms, a living/dining area, a kitchen and a balcony. These units span 1,266 sq. ft. to 1,679 sq. ft.
Looking for more properties by DAMAC Properties? Check out off-plan properties in UAE by DAMAC properties. For emirate specific options, view DAMAC Off Plan Properties in Dubai. For emirate specific options, view DAMAC Off Plan Properties in RAK.
MOST POPULAR APARTMENT TYPES IN CHIC TOWER
According to Bayut, studio apartments in Chic Tower enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. 2-bedroom flats take up the third position on the list.
Sales Trends in Chic Tower
Checkout DAMAC off-plan apartments in UAE if interested in more options by DAMAC properties. For emirate-specific options, visit off-plan apartments in Dubai by DAMAC Properties.
Recent Sale Transactions in Chic Tower
| Date | Location | Type | Beds | Price (AED) |
|---|---|---|---|---|
| 29 May 2025 | Chic Tower | Apartments | 1 | 2,025,000 |
| 27 May 2025 | Chic Tower | Apartments | Studio | 900,000 |
| 21 May 2025 | Chic Tower | Apartments | Studio | 840,000 |
| 13 May 2025 | Chic Tower | Apartments | 1 | 1,517,000 |
| 11 Apr 2025 | Chic Tower | Apartments | 1 | 1,515,000 |
| 19 Mar 2025 | Chic Tower | Apartments | Studio | 920,000 |
The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.
NEARBY AMENITIES
Transportation near Chic Tower
Sheikh Zayed Road is about 5 minutes away, whereas it takes about 8 minutes to get onto Al Khail Road. Both these are important highways connecting several areas and destinations in Dubai. Options for public transportation near Chic Tower include taxis, buses and the metro.
BUS STATIONS NEAR CHIC TOWER
Lillian Tower Bus Stop 1 is about a 4-minute walk, serviced by buses F14, F19A, X22, 26 and 50.
METRO STATIONS NEAR CHIC TOWER
Business Bay Metro Station is the nearest option to use Dubai Metro. It is about a 6-minute drive away, also reachable via buses F14, F19A and X22.
Restaurants near Chic Tower
Residents can easily dine at the following restaurants near Chic Tower:
- Spring Onion Restaurant
- Mama’esh
- Herbz Restaurant
- Tong Thai
- Mist Restaurant & Cafe
- Bayside Restaurant & Terrace
- BASTA!
- The Rotisserie Restaurant
- Tangerine Restaurant
All these restaurants in Business Bay are reachable within 7 minutes and offer cuisines like Arabic, American, Indian, Italian and Thai.
Supermarkets near Chic Tower
Popular supermarkets near Chic Tower include:
- Fmart Supermarket
- Phantasy Supermarket
- Choithrams
All these shopping options are reachable within 5 minutes. Choithrams is counted among the top supermarkets in Dubai.
Nearby Attractions
- Dubai Opera
- Burj Khalifa
- The Dubai Mall
DUBAI OPERA
Dubai Opera is an iconic destination, especially for those interested in arts and culture. The venue hosts performances of talented artists from around the world in the fields of music, acting, comedy etc. It is about 6 minutes away.
BURJ KHALIFA
Burj Khalifa is a highly-popular tourist attraction in Dubai. The hotel offers several dining and leisure options, including an observation deck offering beautiful city views. It is also about 6 minutes away from Chic Tower.
THE DUBAI MALL
For shopping, one can head to The Dubai Mall. It offers a wide range of shopping choices with leading international brands for clothing, electronics, fragrances, homeware and childcare. The mall also offers several dining and entertainment options to visitors. It is about an 8-minute drive away.
FAQs
WHAT ARE THE APARTMENT TYPES IN CHIC TOWER?
Chic Tower offers studio, 1 and 2-bedroom apartments.
WHEN WILL DAMAC CHIC TOWER BE COMPLETED?
Chic Tower is expected to reach completion in April 2026.
Featured image credit: DAMAC Properties
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