Distress Deal | Corner 2BR Apartment in DAMAC Chic Tower de GRISOGONO at Business Bay | AED 74K Below OP

Distress Deal at Business Bay: 2-bedroom apartment for sale in Chic Tower de GRISOGONO by DAMAC Properties. SP AED 2.85M.

Property Highlights

• Property Type: 2-Bedroom Apartment
• Original Price: AED 2,924,000
• Current Offer: AED 2,850,000 (Below OP)
• Property Size: 1,536 sq.ft
• Floor: Middle Floor
• Unit Position: Corner Unit
• View: Full Canal View
• Project: Chic Tower de GRISOGONO
• Status: Under Construction (Off-Plan Resale)
• Completion: May 2026
• Developer: DAMAC Properties
• Payment Plan: 40/60
• Location: Business Bay

Distress Apartment for Sale in Business Bay |  Chic Tower de GRISOGONO

This is a seller-driven distress resale in Chic Tower de GRISOGONO, one of Business Bay’s most iconic branded towers. Offered at AED 2.85M, this corner 2-bedroom with canal views is priced below the original purchase value for a fast, clean transaction. The combination of corner layout, canal frontage, and branded lifestyle design makes this unit highly attractive for both end-users and long-term investors ahead of the May 2026 handover.

Why This Is a Clean, Safe & Verified Distress Deal

This opportunity exists due to seller liquidity needs, not asset-related issues. Why this deal is secure:

• Verified off-plan resale with developer approval
• Clean file, no mortgage or legal complications
• Discounted below OP for urgent execution
• Damac escrow-managed transfer process
• Branded residence with strong resale liquidity
• Rare corner unit with canal exposure

This distressed deal apartment is a low-risk entry into a premium Business Bay asset.

Why This Chic Tower Apartment Is a Prime Investment

This residence offers standout fundamentals:

• 1,536 sq ft spacious layout, rare for Business Bay
• Corner unit ensures enhanced privacy and natural light
• Direct canal views drive stronger rental demand
• Designed in collaboration with de GRISOGONO for luxury branding
• Prime Business Bay location minutes from Downtown & DIFC
• Completion in May 2026, aligned with a strong rental growth cycle

Branded, canal-facing units have historically outperformed standard inventory. This corner 2BR apartment in the Chic Tower de GRISOGONO is a time-sensitive distress resale and will not remain available at this price. Act now to secure this canal-view 2-bedroom apartment for sale in Business Bay before the seller exits or pricing adjusts upward.

Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.