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DAMAC CHIC TOWER

DAMAC CHIC TOWER

Properties for Sale
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823 000 AED - 3 280 000 AED
Location Business Bay, Dubai
Type Development
Completion date II quarter, 2026 (Off-plan)
Studio min. 823 000 AED
1 bedroom min. 1 460 000 AED
2 bedrooms min. 2 736 000 AED
Living space 38 - 147 m²
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Make an enquiry
Advantages
Beautiful view
Type of buildings:
Luxury
Prestigious neighborhood
Business Bay
State-of-art architecture
20% after commissioning of the property

The Damac Chic Tower Residential Project in Dubai

Damac Chic Tower, an off-plan residential complex, is a new exclusive project by Dubai’s largest developer, Damac Properties, in collaboration with the jewelry brand, De Grisogono. The 42-storey tower offers a five-story podium and a basement level and will be built on the waterfront of the Dubai Canal, in the emirate’s Business Bay area.

The building will feature a unique design with large wave-shaped outdoor terraces, green hanging gardens, panoramic windows, and glass balustrades on the balconies. The architecture of the new development is inspired by the beauty and healing properties of natural turquoise. Various shades of this mineral were used to decorate the façades and interiors. The skyscraper flaunts an unusual stepped roof with water flowing from one pool to another unimpeded, creating the impression of cascading waterfalls streaming down the snow-white rock.

The residents will enter through a regal lobby, decorated with unusual design elements and sophisticated lamps inspired by the beauty of natural gemstones. A spacious recreation area with comfortable furniture and low tables will be located here.

The building will also offer large spaces for vehicle parking, as well as valet services. The large podium within the building will feature various amenities, such as:

  • A spa center and several spa salons
  • An outdoor gym
  • Several outdoor swimming pools, including a large 50x8 m infinity pool
  • A soccer field
  • Fountains
  • An artificial 180-meter river
  • Indoor gyms
  • Wellness baths
  • Gazebos
  • Playgrounds
  • Venues for outdoor parties

Real Estate in Damac Chic Tower, Dubai, UAE

Chic Tower is a new development in Dubai, featuring upscale studios and one to two-bedroom apartments with a floor area ranging from 38 to 156 m². Floors 34 – 41 will be reserved for an exclusive collection of premium three and four-bedroom apartments. Owners of these residences will have access to a private gym, a private infinity pool and a projection screen to watch their favourite films.

The interiors will be developed by professional designers. The colour palette will be inspired by the noble beauty of turquoise and shimmering water. Subdued light blue and green shades sprinkled with gold and transparent elements will dominate the interior décor. Windows and terraces will offer staggering views of the Dubai Canal, the cityscape, and the legendary Burj Khalifa.

Property For Sale in Damac Chic Tower

The new residential project is located in Dubai’s Business Bay area, which is a freehold area, so foreign nationals may also enjoy full ownership rights of the real estate in Damac Chic Tower.

Currently, the starting price of a one-bedroom apartment in the new development is AED 823,000 (USD 224,000). This is a good deal for a designer home in an exclusive residential project located in an upscale community a ten-minute drive from Dubai’s Downtown. As construction approaches completion, the prices of these real estate units will increase. Buyers of apartments in the off-plan residential project, Damac Chic Tower, at the developer’s price can pay for their purchase in installments by the 80/20 plan, in which case, 80% of the value is paid at the construction stage and the remaining 20%, after commissioning.

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Location

  • Close to the bus stop
  • Close to shopping malls
  • Close to schools
  • Close to the kindergarten
  • Prestigious district
  • Great location
  • Close to a river or promenade
  • City center
  • City view
  • River view
  • Beautiful view

Features

  • Panoramic windows
  • Panoramic glazing
  • Terrace
  • Finished
  • Good quality
  • New project
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Recreation area
  • SPA centre
  • Fitness room
  • Elevator

Outdoor features

  • CCTV
  • Security
  • Landscaped garden
  • Landscaped green area
  • Transport accessibility
  • Social and commercial facilities
  • Car park
  • Swimming pool
  • Common area with pool

Real Estate in Damac Chic Tower

Lifestyle

Damac Chic Tower is a residential project based on the wellness concept. You will not only enjoy luxurious living in designer apartments but also use the numerous available amenities to stay fit and healthy and retain your youthfulness.

The large spa center will have seven wellness baths on the premises, including a hot bath, a cold bath, a salt bath, and a mud bath, as well as skin rejuvenation and toxin elimination baths.

The residents can go to the bar which serves predominantly freshly squeezed juices and to the fitness center with its ultra-modern exercise equipment.

There will be a beauty parlour in the building with professional cosmetologists who can develop a custom cream for each client, taking into account their skin characteristics.

Advantages

The new residential project will boast several advantages, including the following:

  • Exclusive design, meticulously developed interiors, and functional floor plans with large terraces.
  • Capability to purchase an upscale apartment with a private swimming pool and a gym.
  • On-premises spa center that offers wellness treatments.
  • Convenient location in the Business Bay area, near five-star hotels, the Dubai Canal waterfront, large shopping malls, restaurants, and cafés.
  • Proximity to public transit stops and accessibility to the city’s cultural and entertainment center, Downtown Dubai, in only 10 minutes.

Studios and Apartments in Damac Chic Tower

The key element of apartments in Damac Chic Tower is the terraces with green gardens, glass balustrades, and large open-air spaces. Corner terraces in apartments with two or more bedrooms can be accessed from the living room and the bedroom. A large terrace decorated with green plants will become your personal outdoor recreation space.

The apartments’ layouts feature an open-plan kitchen, a living room combined with a dining room, a bedroom with built-in cabinets, and a bathroom equipped with quality sanitary fittings.

Each residence will boast designer finishing with marble floors, exquisite wall decorations, unique lamps, and exclusive furniture.

Construction completion

The skyscraper is currently in the development stage. The building’s commissioning is scheduled for the second quarter of 2026. The developer is famous in Dubai and has an impeccable reputation and an impressive portfolio, so buyers of off-plan properties in Damac Chic Tower can be sure of strict adherence to the declared schedule.

You can contact our team at your convenience to check which stage of construction the building is currently at and receive a consultation on purchasing real estate in the new residential project.

Investment Property in Damac Chic Tower

Chic Tower is the fourth joint project by the developer Damac Properties and the jewelry brand De Grisogono. These two companies have previously joined forces for the Safa One and Safa Two residential complexes that were wildly popular with buyers.

Now investors have an opportunity to purchase real estate at the price of the developer, Damac Properties, in this new upscale project. Upon construction completion, this high-rise development on the bank of the Dubai Canal with unique wellness services will become an attractive destination for tourists and locals. Owners of these properties will be able to receive a stable passive income from leasing them. The average yield from a one-bedroom apartment in Business Bay is currently 7%.

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Location
Dubai Mall
2.8 km
School
750 m
ATM machine
1.1 km
Burj Khalifa
2.6 km
Pharmacy
1.2 km
Airport
14.9 km
History of Cinema Museum
16.4 km
Sea
8.3 km
Business Bay

Business Bay is one of Dubai’s central districts located on the bank of the Dubai Canal. The community accommodates numerous business centers, five-star hotels, and mixed-use complexes. The new residential project rubs shoulders with the iconic Opus building that flaunts a unique futuristic design.

There are large supermarket chains in this district, such as Spinneys, W Mart and Zoom, the Bay Avenue Mall, banks, beauty parlors, numerous restaurants, and cafés. Bus stops and ferry berths provide good accessibility by public transport.

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Payment plan

Payment number
Phase
Payment(%)
Deposit24%
Down Payment
24%
1st Instalment5%
Within 3 Month(s) Of Sale Date
5%
2nd Instalment5%
Within 6 Month(s) Of Sale Date
5%
3rd Instalment5%
Within 9 Month(s) Of Sale Date
5%
4th Instalment5%
Within 12 Month(s) Of Sale Date
5%
5th Instalment4%
Within 15 Month(s) Of Sale Date
4%
6th Instalment4%
Within 18 Month(s) Of Sale Date
4%
7th Instalment4%
Within 21 Month(s) Of Sale Date
4%
8th Instalment4%
Within 24 Month(s) Of Sale Date
4%
9th Instalment4%
Within 27 Month(s) Of Sale Date
4%
10th Instalment4%
Within 30 Month(s) Of Sale Date
4%
11th Instalment4%
Within 33 Month(s) Of Sale Date
4%
12th Instalment4%
Within 36 Month(s) Of Sale Date
4%
13th Instalment4%
Within 39 Month(s) Of Sale Date
4%
14th Instalment1%
On 70% Project Completion
1%
15th Instalment1%
On 80% Project Completion
1%
16th Instalment1%
On 90% Project Completion
1%
17th Instalment1%
On 95% Project Completion
1%
18th Instalment20%
On Completion
20%

DAMAC CHIC TOWER layouts and prices

Layouts out of
  • Living space 38m²
    Bathrooms 1
    Bedrooms Studio
    Price 823 000 AED
    Get all layouts
  • Living space 38m²
    Bathrooms 1
    Bedrooms Studio
    Price 823 000 AED
    Get all layouts
  • Living space 38m²
    Bathrooms 1
    Bedrooms Studio
    Available apartments 1
    Price 823 000 AED
    Get all layouts
Layouts out of
  • Living space 69m²
    Bathrooms 1
    Bedrooms 1
    Available apartments 1
    Price 1 460 000 AED
    Get all layouts
  • Living space 69m²
    Bathrooms 1
    Bedrooms 1
    Price 1 460 000 AED
    Get all layouts
  • Living space 69m²
    Bathrooms 1
    Bedrooms 1
    Price 1 460 000 AED
    Get all layouts
Layouts out of

DAMAC CHIC TOWER development properties

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Developer Damac Properties

172All objects of the developer
2002Founded in

Damac Properties is a renowned construction company that was established in 2002. It is now one of the leaders in the emirate’s elite real estate sector.

The developer builds residential projects, golf clubs, commercial properties, and entertainment facilities. Several of the company’s projects have been recognised by prestigious construction and architectural awards.

Damac Properties collaborates with famous hotel brands, fashion designers, and jewelry firms, creating unique residential projects with luxurious amenities and marvelous designs.

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