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Damac Chic Tower

Business Bay · Off-plan
Business Bay

Damac Chic Tower

Homes
Residences
Handover
Q1 2027
Status
Off-plan
Down payment
20%
Payment plan
50/50
From AED 823K
by DAMAC

Damac Chic Tower is an off-plan project by DAMAC in Business Bay, Dubai. Handover is listed for Q1 2027. Prices are listed from AED 823K with a 20% down payment on a 50/50 payment plan. Details can change between releases, so we confirm the current ones before you commit. Register your interest with us for floor plans, the payment plan and availability.

Project details
Developer
DAMAC
Community
Home types
Residences
Handover
Q1 2027
Project status
Off-plan
Pricing
From AED 823K
Location
Damac Chic Tower is in Business Bay, Dubai. The map shows the area, not the exact plot.
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Business Bay in numbers
Sales recorded
9,202
Median price
AED 2.09M
Median price per sqft
AED 2,550
Gross rental yield
7%

Business Bay recorded 9,202 registered sales in the 12 months to Sep 2026, at a median of AED 2.09M, or AED 2,550 per square foot. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.

Damac Chic Tower questions
Where is Damac Chic Tower located?
Damac Chic Tower is in Business Bay, Dubai, Dubai.
When does Damac Chic Tower hand over?
Handover is listed for Q1 2027. Off-plan handover dates move, so ask us for the current schedule before you commit.
Who is the developer of Damac Chic Tower?
Damac Chic Tower is developed by DAMAC. We list 83 of their off-plan projects, which you can see on their developer page.
How much do homes at Damac Chic Tower cost?
Listings show prices from AED 823K. For context, Business Bay recorded 9,202 registered sales in the 12 months to Sep 2026, at a median of AED 2.09M. Launch pricing changes by release, so ask us for the live price list and availability rather than working from a published figure.
Is Business Bay a good area to invest in?
On the numbers, Business Bay is an active market: 9,202 sales registered with the DLD in the 12 months to Sep 2026 at a median of AED 2,550 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Damac Chic Tower?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. Ask us to confirm the ownership type on this specific project before you pay anything.
What is the payment plan on Damac Chic Tower?
Listings show down payment 20%, payment plan 50/50. Plans are set by the developer per release and change between phases, so treat these figures as a starting point. On a project registered with the Dubai Land Department, payments go into a RERA-regulated escrow account rather than to the developer directly. Before you pay anything, check that this project is on the register. Ask us for the current schedule, including whether there is a post-handover element.
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