Chic Tower
Chic Tower is a DAMAC Properties residential tower beside the Dubai Canal in Business Bay, Dubai, branded by jeweller de GRISOGONO. This guide helps buyers weighing a Chic Tower distress sale, below original price or off-plan resale listing, covering layouts, wellness amenities and the transfer checks to complete.
Chic Tower overview
Chic Tower is a residential tower by DAMAC Properties in Business Bay, Dubai, set at the edge of the Dubai Canal. DAMAC presents it as a wellness-led building inspired by the healing properties of turquoise, with interiors branded by the master jeweller de GRISOGONO. Its curving terraces and stepped crown give it a softer outline than many of the glass towers nearby.
DPF places Chic Tower in the Business Bay community, inside the Business Bay area of Dubai, United Arab Emirates. DAMAC notes that the Burj area, The Dubai Mall, Dubai Opera, City Walk and Sheikh Zayed Road are all a short drive away.
DAMAC Properties and the building
DAMAC Properties lists Chic Tower among its Business Bay projects on its official website, where the name is sometimes styled "CHIC Tower". DPF uses Chic Tower for every spelling. DAMAC's page frames the building around restorative baths, beauty treatments and modern gyms, so the shared areas are as much a part of the offer as the apartments.
Chic Tower was sold off-plan, and DPF's listing for it describes a handover expected soon. Buyers should confirm the current construction status and expected completion with DAMAC, because that decides whether a sale is a transfer of an off-plan contract or of a completed home.
Layouts
DAMAC says Chic Tower offers:
- Studios
- One-bedroom apartments
- Two-bedroom apartments in several layouts
Larger homes have also been mentioned in DAMAC's marketing, so ask the seller for the unit's floor plan and the version of the plan attached to the sale and purchase agreement. Canal-facing and city-facing stacks look out over very different scenes, so check orientation and floor level against the documents rather than the advert alone.
Wellness amenities
DAMAC's amenity list for Chic Tower includes:
- A lazy river that winds around the podium
- A series of seven revitalising baths
- An infinity pool overlooking the Dubai Canal
- A beauty lounge where technicians prepare custom creams
- Private cabanas and gyms
These are unusual features for a Business Bay building, and they will shape the service charges. Ask what the budget covers and how the spa-style facilities will be managed once the building is occupied. If you plan to let the unit, consider how tenants will use the amenities and how they compare with nearby canal-side towers.
Finding distressed and below-market units in Chic Tower
A Chic Tower distress sale is usually an off-plan resale by an investor who would rather not carry the last instalments, or a motivated seller who wants to exit just before keys are released. If DPF shows a unit as below market or below original price, that is the seller's framing. DPF does not run valuations, so test any claim against Dubai Land Department records.
Before agreeing terms on a unit in Chic Tower, check:
- Oqood: confirm the unit is registered to the seller under Oqood and that the details match the contract.
- Payment plan status: obtain a DAMAC statement showing which instalments are paid and which are due.
- Seller's outstanding balance: agree in writing how amounts still owed to DAMAC will be paid at transfer.
- Developer NOC: DAMAC's no-objection certificate is needed before the transfer can be registered.
- DLD transfer: record the sale with the Dubai Land Department and allocate fees in the contract.
- Service charges: confirm whether any service charges are already payable and request the expected schedule.
Bring in an independent conveyancer and a RERA-registered agent so each document is checked.
Related DPF pages
Browse the DAMAC Properties developer page to review DAMAC's portfolio, the Business Bay community page to compare towers along the canal, and the Business Bay area page for the district as a whole.
Frequently asked questions
Who developed Chic Tower?
DAMAC Properties, with interiors branded by de GRISOGONO.
Where is Chic Tower?
In Business Bay, at the edge of the Dubai Canal, according to DAMAC.
What unit types does Chic Tower have?
DAMAC lists studios and one- and two-bedroom apartments in several layouts.
Can I buy in Chic Tower below the original price?
That depends on an owner accepting a figure below their contract price. DPF lists owners' terms as submitted and leaves pricing to buyer and seller.
What does an off-plan resale here involve?
A DAMAC NOC, a Dubai Land Department transfer, the Oqood record, a payment plan statement, the seller's outstanding balance and a check on service charges.
Live inventory
Properties in Chic Tower
Frequently asked questions
Who developed Chic Tower?
DAMAC Properties, with interiors branded by de GRISOGONO.
Where is Chic Tower?
In Business Bay, at the edge of the Dubai Canal, according to DAMAC.
What unit types does Chic Tower have?
DAMAC lists studios and one- and two-bedroom apartments in several layouts.
Can I buy in Chic Tower below the original price?
That depends on an owner accepting a figure below their contract price. DPF lists owners' terms as submitted and leaves pricing to buyer and seller.
What does an off-plan resale here involve?
A DAMAC NOC, a Dubai Land Department transfer, the Oqood record, a payment plan statement, the seller's outstanding balance and a check on service charges.