Beautiful view
DAMAC CHIC TOWER
823 000 AED - 3 280 000 AED
ID 288
Location:Business Bay, Dubai
TypeDevelopment
Completion dateII quarter, 2026 (Off-plan)
Studiomin. 823 000 AED
1 bedroommin. 1 460 000 AED
2 bedroomsmin. 2 736 000 AED
Living space38 - 147 m²
Advantages
Type of buildings:
Luxury
Prestigious neighborhood
Business Bay
State-of-art architecture
20% after commissioning of the property
Location
- Close to the bus stop
- Close to shopping malls
- Close to schools
- Close to the kindergarten
- Prestigious district
- Great location
- Close to a river or promenade
- City center
- City view
- River view
- Beautiful view
Features
- Panoramic windows
- Panoramic glazing
- Terrace
- Finished
- Good quality
- New project
- Tap water
- Electricity
- Driveway to the land plot
Indoor facilities
- Recreation area
- SPA centre
- Fitness room
- Elevator
Outdoor features
- CCTV
- Security
- Landscaped garden
- Landscaped green area
- Transport accessibility
- Social and commercial facilities
- Car park
- Swimming pool
- Common area with pool
Features
Community living
Damac Chic Tower is a thirty-storey tower that will be located on the banks of the picturesque Dubai Canal, in the elite Business Bay area. Buyers are offered studios and one and two-bedroom apartments which are decorated in unique luxurious styles. The lower floors will house a fitness studio, spas and a variety of recreation areas. The community is in the heart of the city and is within walking distance of Burj Khalifa and other world-famous Dubai attractions. The construction completion is scheduled for the 2nd quarter of 2026 however you can choose an apartment to purchase now.
Uniqueness
The one-of-its-kind design and style of the tower are already reflected in its commercial name, Chic Tower by de Grisogono. The collaboration of the renowned developer, Damac Properties, with de Grisogono, a luxury jewellery brand from Switzerland, has been embodied both in the design of residential premises and the infrastructure of Chic Tower. Its unique feature will be that there is a rich selection of healthcare procedures and opportunities for relaxing holidays. Residents will be offered the services of a luxury spa, beauty salon, swimming pools and much more. A separate decoration of the entire complex is the "lazy river" which is 180 meters long. This is a shallow pool with slowly flowing water in which you can spend your time floating in.
Architecture and design
All the building’s decoration and its elements are made in the style of de Grisogono jewellery. Founded in 1993, the company specialises in luxury products which are reflected in the Chic Tower design. The building’s look is inspired by Turquoise which is one of the most beloved gemstones in the world. The turquoise colour is present both in the exterior details of the facade and in the interior decoration, echoing the shimmering water of the pools and water spaces of the complex. The lower floors of Chic Tower will house a gym, spas and other amenities. All apartments will have a modern-equipped kitchen and a terrace-type balcony and there will be an additional private pool and gym the in deluxe Chic Tower suite.
Economic attractiveness
The community offers studios and one and two-bedroom apartments. The developer offers a profitable instalment payment plan which is a specific option that is booked already upon payment of 20% of the property value. The buyer then pays slightly more than 50% of the cost in instalments over the next three years and the remaining 20% is paid after the construction is completed. This sequence enables convenient long-term investment planning. The average cost of a studio in Chic Tower is about AED 820,000 ($223,000). This is not the highest price in the Business Bay area which is considered one of the best places to buy luxury real estate in Dubai.
Location
Dubai Mall
2.8 km
School
750 m
ATM machine
1.1 km
Burj Khalifa
2.6 km
Pharmacy
1.2 km
Airport
14.9 km
History of Cinema Museum
16.4 km
Sea
8.3 km
Business Bay
Business Bay is one of the most developed and sought-after areas of Dubai. The very name of the community speaks of its main purpose: the business sphere plays a key role here. However, investments in Dubai real estate for permanent residence or rental are also in high demand. The community harmoniously combines both commercial and residential real estate.
Video
Payment plan
Payment number
Phase
Payment (%)
Down Payment20%
On Booking
20%
1st to 4th Installment20%
Within 12 months from booking date
20%
5th to 13th Installment36%
Within 39 months from booking date
36%
14rd Instalment1%
Upon 70% Construction Completion
1%
15th Instalment1%
Upon 80% Construction Completion
1%
16th Instalment1%
Upon 90% Construction Completion
1%
17th Instalment1%
Upon 95% Construction Completion
1%
Final Instalment20%
Upon 100% Construction Completion
20%
Developer
291
Objects completed
286
Objects in work
2002
Founded in
DAMAC Properties has been shaping the Middle East's luxury real estate market since 2002. To date DAMAC has delivered c. 43,700 quality homes, with c. 28,000 more under way. DAMAC has become synonymous with iconic projects setting new standards for...
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