AED 2,700,000
Business Bay
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Chic Tower 2BR Apartment in Business Bay — Water View, Distress Deal, 10% Below OP
A two-bedroom apartment in Chic Tower, Business Bay, is available as a genuine distress sale ahead of its Q3 2026 handover. The unit is priced meaningfully below its original purchase price, offering a rare entry point into one of Dubai’s most sought-after waterfront corridors before the building even keys over.
Business Bay continues to attract end-users and investors alike, and off-plan resales at this stage — with handover imminent — carry significantly less risk than early-stage purchases. This is a straightforward opportunity to acquire a nearly complete asset at a discount.
Unit Features:
– 2-bedroom apartment
– 3 bathrooms
– 1,600 sq ft / 148.6 sq m
– Canal view
– Unfurnished
– Handover Q3 2026
– Distress deal below original price
Architecture & Concept:
Chic Tower is a contemporary residential development designed around clean lines and a refined urban aesthetic. The building positions its living spaces to capitalise on the Dubai Canal frontage, with layouts that prioritise natural light and open sightlines. Finishes and proportions reflect the mid-luxury segment that defines Business Bay’s newer residential stock.
Location & Benefits:
– Business Bay district
– Minutes to Downtown Dubai and Dubai Mall
– Direct access to Sheikh Zayed Road and Al Khail Road
– Dubai Canal waterfront proximity
– Metro connectivity via Business Bay station
– High-demand rental corridor with strong occupancy rates
Investment Appeal:
– Strong rental demand from corporate and professional tenants
– Canal-view units command rental premiums in this submarket
– Imminent handover reduces execution risk for investors
– Capital appreciation potential as Business Bay matures
– Priced below original purchase price, immediate equity position on acquisition
– Liquid asset in an established, internationally recognised district
Frequently Asked Questions:
Q: When is the handover expected?
A: The unit is scheduled for handover in Q3 2026.
Q: Is this unit available for immediate resale after handover?
A: Yes, as a secondary-market transaction it can be resold or leased upon completion and title transfer.
Q: Why is the unit priced below its original purchase price?
A: The seller requires a quick exit, creating a distress situation — the discount reflects urgency, not any issue with the unit or the project.
Enquire through the form on this page to receive full documentation and arrange a viewing.
Payment plan
Property information
October 30, 2026
Apartment
Freehold
Building Information
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
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Location
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