Damac Chic Tower
Chic Tower, inspired by the healing properties of turquoise, is a place where wellness and opulence collide. These apartments are designed by master jeweler De Grisogono. The luxurious collection of homes includes studios, and one, two, three, and four-bedroom apartments.…
Project Overview
Chic Tower, inspired by the healing properties of turquoise, is a place where wellness and opulence collide. These apartments are designed by master jeweler De Grisogono. The luxurious collection of homes includes studios, and one, two, three, and four-bedroom apartments. Chic Tower is of unrivaled quality, having been designed with your comfort in mind. From your home, you can also enjoy sweeping views of Dubai’s iconic Canal, giving you a new view of life. Chic Tower, located in the heart of Dubai, combines opulence and wellness. Restorative baths, beauty treatments, cutting-edge gyms, residential luxury, and the fabled fountain of youth are all part of De Grisigono’s interpretation of one of the world’s most beloved gemstones.
Project Highlights
Starting Price 850k AED, Designed by Master Jeweller De Grisogono, Wellness & Hollistic Facilities, 180-meter lazy river, Infinity Pool, Beauty Bar, Studios to 4 Bedroom Apartments, Located in Business Bay
Project Details
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Amenities
Damac Chic Tower offers an exceptional array of world-class amenities designed to enhance every aspect of modern living.
- At Chic Tower
- you own the youthful aura that surrounds you
- and It is solely yours. Maintain your youth by indulging in the chic tower's premium amenities. This is the ideal place to lose yourself in a world as peaceful as the water that laps gently around you...
Payment Plan
Location & Connectivity
The chic tower is located in Business bay and is a waterfront address with Downtown, Burj Khalifa, Dubai Mall, and Dubai International Financial Centre nearby. If your travels take you beyond the city lights, Dubai International Airport is only a 15-minute drive away.
About Business Bay
Business Bay sits right at the centre of Dubai, running along the Dubai Canal with Downtown and the Burj Khalifa just a few minutes up the road. What started out as the city’s answer to Manhattan has grown into something more interesting: a proper neighbourhood…
Visit Business Bay PageInvestment Potential
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
Market Context
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
Flexible Financing Options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
About the Developer
Damac Properties
Explore the world of DAMAC Properties, one of Dubai’s most recognised private real estate developers, known for shaping luxury communities, branded residences, and lifestyle-driven destinations across the UAE and international markets. Since 2002, DAMAC has delivered tens of thousands of homes and built a reputation for bold design, glamour, and…
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Frequently Asked Questions
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
No. Our service is completely free for buyers — we are compensated by the developer. You only pay the standard property costs, such as the 4% DLD registration fee.
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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