Off-plan · Freehold
Chic Tower
by DAMAC Properties · handover Q4 2026
Chic Tower, in plain numbers.
Chic Tower is an off-plan residential project by DAMAC Properties in Business Bay, Dubai. It is registered with the Dubai Land Department as project 2460, a g+5p+36f+r (g + 29) ,residential.the project designed to have a concrete structure and block with internal and external finishes. scheme, with works dated from March 2023 and 47.8% built at the last inspection. Handover is planned for Q4 2026. 467 units are registered, mostly Studio homes of about 484 sq ft and one-bedroom homes of about 915 sq ft. The register shows 540 sales since October 2025, 23 of them in the last twelve months, at a median of AED 2,218 per sq ft.
- Entry price under AED 1.2M
- 6% above ready resales in Business Bay per sq ft
- 23 registered sales in 12 months
- Keys this year
Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.
What is in Chic Tower.
Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.
| Type | Units in the project | Typical size | Registered sales, 2 years | Median price | AED / sq ft |
|---|---|---|---|---|---|
| Studio | 231 | 484 sq ft | 32 | AED 1,050,000 | 2,158 |
| 1 bedroom | 151 | 915 sq ft | 25 | AED 2,025,000 | 2,334 |
| 2 bedrooms | 81 | 1,593 sq ft | 7 | AED 3,187,000 | 1,909 |
| 4 bedrooms | 1 | 8,321 sq ft | — | — | — |
Matched to the Land Department project Chic (project no. 2460).
How you pay.
Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.
Send me the payment planWhat Chic Tower actually sells for.
Registered sale prices, not the developer's list prices.
| Date | Bedrooms | Sq ft | Price | AED / sq ft | Stage |
|---|---|---|---|---|---|
| 5 Aug 2026 | 1 B/R | 778 | AED 1,595,000 | 2,049 | Off-plan |
| 4 Aug 2026 | Studio | 481 | AED 1,008,000 | 2,094 | Off-plan |
| 22 Jul 2026 | Studio | 495 | AED 1,350,900 | 2,728 | Off-plan |
| 1 Jul 2026 | Studio | 215 | AED 460,000 | 2,139 | Off-plan |
| 25 Jun 2026 | 1 B/R | 975 | AED 2,791,800 | 2,862 | Off-plan |
| 23 Apr 2026 | 1 B/R | 933 | AED 2,976,000 | 3,191 | Off-plan |
| 22 Apr 2026 | 1 B/R | 975 | AED 1,948,000 | 1,997 | Off-plan |
| 25 Mar 2026 | Studio | 495 | AED 1,142,960 | 2,309 | Off-plan |
Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.
Where it is.
Business Bay, Dubai.
What it costs beyond the price.
- Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
- No agency fee to you when you buy from the developer: the developer pays our commission.
- Your payments go into the project's escrow account, released to the developer as construction is certified.
- At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.
General guidance; we confirm every fee for this project in writing before you reserve.
Questions people ask.
When is Chic Tower handed over?
The developer plans handover for Q4 2026; the Land Department recorded the project at 47.8% built. Launch dates can move, and we track the registered progress for you.
Who is the developer of Chic Tower?
DAMAC Properties (registered as Pax Investment L.L.C). The project is registered with the Dubai Land Department as number 2460.
What is the payment plan for Chic Tower?
The developer shares the current plan with the price list; message us and we send both, usually the same day.
What is the price per square foot in Chic Tower?
Registered sales over the last 12 months have a median of AED 2,218 per sq ft, against about AED 2,083 for ready homes in Business Bay.
Can foreigners buy in Chic Tower?
Yes. Chic Tower is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.
Is buying off-plan safe?
Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.
More off-plan projects.
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Binghatti Skyrise
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