Chic Tower 2BR Apartment in Business Bay — Water View, Urgent Distress Sale, 6% Below OP

Business Bay rarely offers a chance to buy below what the original purchaser paid

This two-bedroom apartment in Chic Tower is one of those moments — a motivated seller, a distressed price, and a unit that holds genuine long-term value.

Positioned on a high floor with direct canal views, the 1,668 sq ft layout suits end-users seeking a primary residence and investors targeting Business Bay’s sustained rental demand alike.

Unit Features

– 2-bedroom apartment
– 1,668 sq ft / 155 sq m
– High floor
– Canal view
– Resale / secondary market
– Distress deal below original price

Architecture & Concept

Chic Tower is a contemporary residential development designed around clean lines and full-height glazing that maximises natural light. The building’s proportions are well-suited to canal-facing units, with views that extend across the waterway. Interiors follow a modern finish standard consistent with Business Bay’s mid-to-premium residential segment.

Location & Benefits

– Business Bay central district
– Walking distance to Dubai Canal waterfront
– Minutes to Downtown Dubai and Burj Khalifa
– Direct access to Sheikh Zayed Road and Al Khail Road
– Metro connectivity via Business Bay station
– Dense employment hub supporting strong rental absorption

Investment Appeal

– High rental demand from corporate and professional tenants
– Business Bay among Dubai’s most liquid secondary markets
– Canal-view high-floor units command consistent rental premiums
– Capital appreciation supported by ongoing district densification
– Entry priced below original purchase — immediate equity position

Frequently Asked Questions

Q: Is this unit ready for immediate occupancy or rental?
A: It is a secondary market resale unit and available for transfer without a construction wait.

Q: What makes this a distress deal rather than a standard resale?
A: The seller is listing below the original purchase price, offering the buyer a lower entry point than the first investor paid at launch.

Q: Why does a canal view matter for resale and rental value in Business Bay?
A: Unobstructed water-facing units are a finite supply within the district and consistently attract stronger rental interest and resale demand than equivalent internal-facing apartments.

Use the enquiry form on this page to request full details or arrange a viewing.