Chic Tower

- AVA00496

Business Bay, Dubai, United Arab Emirates

Price: AED 823KBeds: 1Baths: 1Sq. Ft.: 448/Sq. Ft.: AED 1,837/sq ft
Property image
APARTMENTListed by AvacasaUnder Construction
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Chic Tower by DAMAC presents an unparalleled opportunity to reside in luxurious wellness apartments within the vibrant Business Bay district of Dubai. This striking waterfront residential tower showcases gemstone-inspired architecture, creating a visually stunning landmark on the city's skyline. Residents can indulge in a wealth of elite amenities designed to promote well-being and relaxation, including breathtaking sky pools offering panoramic views, serene meditation decks for mindfulness practices, and state-of-the-art fitness facilities to cater to an active lifestyle. Chic Tower offers a unique and opulent living experience, seamlessly blending sophisticated design with a focus on holistic wellness.

Beyond the tower's exceptional offerings, residents benefit from its prime location with convenient access to a variety of essential amenities. Families will appreciate the proximity to reputable educational institutions such as Dubai International School (3.9 km), Global Indian International School (4.5 km), and JSS Private School (4.8 km). Daily necessities are easily met with nearby markets like Spinneys Bay Avenue (1.0 km) and Choithrams Bay Square (1.3 km). For healthcare needs, Emirates Hospital Clinic Bay Avenue (1.2 km) and Mediclinic Dubai Mall (3.4 km) are readily accessible. Commuting is a breeze with excellent connectivity options, including the Business Bay Bus Stop (0.7 km), Canal View Tower Bus Stop (0.5 km), Business Bay Metro Station (1.8 km), Sheikh Zayed Road (E11) (1.3 km), and Al Khail Road (E44) (4.1 km). Furthermore, Dubai International Airport (DXB) is just 15.2 km away, making travel convenient for frequent flyers.

Property Details

Micro-market
Business Bay
Configuration
1 BHK
Property Type
Apartment
Built-up Area
448 sq ft
Status
Under Construction

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Project announcement

Booking Started

Construction Started

Expected Completion

Q3 2025

Available Properties

Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
1 BHK448 sq ftAED 1.46MQ3 2025

Property Information

  • Community: Business Bay, Dubai
  • Project Name: Chic Tower

  • Listing Price: AED 823K
  • List Date: Dec 28, 2025
  • Days on Market: 112
  • Listing ID: AVA00496
  • Status: Under Construction

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status
  • Permitted, freehold anywhere in Dubai
What you actually hold
  • You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
Key rules and restrictions
  • GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
  • A company owned wholly by GCC nationals gets the same treatment.
  • Some master communities impose their own transfer conditions through the developer.
Funds and process
  • Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
Taxes
  • The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
Verify before you buy
  • Get a title deed copy and check it against the Dubai REST app.
  • Ask for the developer no-objection certificate confirming service charges are clear.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.

Investment Information

  • Capital Appreciation: 8%

About the developer

DeveloperIsprava
1 project delivered · 1 home on Avacasa now
✓ Enquiries routed through Avacasa - your details are never handed to the developer.
View developer profile →

Location

Business Bay, Dubai, United Arab Emirates

  • Airport: Dubai International Airport - 15.2 km
  • Railway: Business Bay Metro Station - 1.8 km
  • Highway: Sheikh Zayed Road (E11) - 1.3 km
  • Hospital: Emirates Hospital Clinic - 1.2 km
  • Grocery: Spinneys Bay Avenue - 1.0 km
  • Tourist hub: The Dubai Mall - 1.8 km

Around this home

The home plus curated, verified places nearby — each with its own guide.

Distances are straight-line, from verified coordinates.Open in Google Maps →

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Dubai International SchoolInternational School3.9 kmOffers an American curriculum from KG to Grade 12.
Global Indian International SchoolCBSE School4.5 kmOffers CBSE curriculum and is located in Al Quoz.
JSS Private SchoolCBSE School4.8 kmIndian curriculum school with a 'Very Good' KHDA rating.
Horizon English SchoolBritish Curriculum4.5 kmRated 'Outstanding' by KHDA.
Jumeirah English Speaking School (JESS)British Curriculum6 kmRated 'Outstanding' by KHDA.
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Emirates Hospital ClinicClinic1.2 kmA multi-speciality clinic located in Executive Towers.
Mediclinic Dubai MallClinic3.4 kmDubai's largest ambulatory care medical centre.
Aster Clinic, Business BayClinic1.2 kmOffers a wide variety of services.
Dining & Cafes
RestaurantRatingDistanceNotes
Roka Dubai4.70.3 kmContemporary Japanese Robatayaki cuisine.
Prime68 Steakhouse4.61.5 kmLocated on the 68th floor of JW Marriott Marquis.
The Eloquent Elephant4.41.3 kmAward-winning gastropub.
Carna by Dario Cecchini4.71.8 kmContemporary steakhouse.
Long Teng Seafood Restaurant4.52.1 kmRenowned for Chinese seafood dishes.

Ownership economics

Will this home pay for itself?

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Break-even occupancy
-
Total return
- over 5 yr

1Buy

What you pay to own it.

listed
Funding
market estimate - data coming
Monthly EMI-
Service charges-
market estimate - data coming

2Earn

What it brings in as a holiday rental.

market estimate - data coming
Occupancy-
market estimate - data coming
Avacasa managed
Gross rental / mo-
Net rental / mo-

3Grow

What it could be worth.

Appreciation / yr-
market estimate - data coming
Value in 5 yrAED 823K
Appreciation gain-
Equity builtAED 329.2K
Estimates from Avacasa market data and your inputs. Occupancy and appreciation move with the market, so treat these as guidance, not a guarantee. Every assumption above is editable.