Apartment by DAMAC «Chic Tower»

AED 1,606,000

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Vector icon 1 Beds Vector icon 1 Bath Vector icon 786 sqft

Business Bay

Daria
Daria Property broker

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Chic Tower 1BR Apartment in Business Bay — Sought-After Address

This one-bedroom apartment in Chic Tower, Business Bay, is a well-proportioned resale unit scheduled for handover in Q4 2026. Buying off-plan on the secondary market at this stage gives the buyer a defined completion timeline with no developer queue, making it a straightforward entry into one of Dubai’s most active residential corridors.

Business Bay suits professionals, investors, and owner-occupiers who value proximity to the central business district, Dubai Canal, and Downtown Dubai. The area maintains consistently strong rental absorption, and a ready-to-rent unit in Q4 2026 aligns well with forward planning for either occupancy or yield.

Unit Features:

– 1-bedroom apartment
– 786 ft² / 73 m²
– Handover Q4 2026
– Resale, secondary market
– Business Bay, Dubai

Complex Amenities:

– Swimming pool
– Gymnasium
– Lobby and reception
– Covered parking
– Retail at podium level

Architecture & Concept:

Chic Tower is a contemporary mid-to-high-rise development designed with clean facades and efficient floor plates. Interiors follow a modern residential language with full-height glazing to maximise natural light. The building sits within Business Bay’s established urban grid, offering straightforward access to canal-side promenades and arterial roads.

About the Developer:

Chic Tower is a recognised Business Bay residential project delivered under a developer with a presence across Dubai’s freehold market.

Location & Benefits:

– Business Bay, central Dubai
– 5 minutes to Downtown Dubai and Burj Khalifa
– Dubai Canal waterfront walking distance
– 10 minutes to DIFC
– Business Bay Metro Station nearby
– Sheikh Zayed Road and Al Khail Road access
– Strong rental demand from corporate tenants

Investment Appeal:

– Business Bay ranks among Dubai’s top rental-demand districts
– High liquidity due to volume of transactions in the area
– Capital growth potential supported by ongoing infrastructure and supply dynamics
– 786 ft² at this price point sits competitively against comparable one-bedroom stock in the district
– Suitable as a buy-to-let or owner-occupier purchase upon completion

Frequently Asked Questions:

Q: When is the handover date for this unit?
A: Handover is scheduled for Q4 2026.

Q: Is this unit available as freehold ownership?
A: Business Bay is a freehold area, making the unit available for purchase by any nationality.

Q: What makes Business Bay a strong location for rental returns?
A: The district houses a large concentration of corporate offices, hotels, and service businesses, generating sustained demand from working professionals year-round.

To find out more or arrange a viewing, please submit your enquiry using the form on this page.

Payment plan

On booking
20% + 4% DLD + 1000 AED Oqood fee
From 3 to 5 months after booking
30% (10% per month)
On completion
50%

Property information

Handover Date

October 30, 2026

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

DAMAC «Chic Tower»

Amenities

  • Accessibility for people with disabilities
  • BBQ
  • Central A/C
  • Children’s pool
  • Cinema
  • Concierge Service
  • Covered Parking
  • Coworking zone
  • Dining outlets (coffee houses & restaurants)
  • Laundry
  • Pets Allowed
  • Retail outlets
  • Security and CCTV
  • Shared Pool
  • Shared gym & fitness
DAMAC Properties
DAMAC Properties View developer

Location

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