1 bedroom Apartment in Business Bay, UAE No. 104859

Amenities and infrastructure:

Wellness center: Includes a spa with revitalizing baths, a beauty salon, and modern gyms.
Entertainment areas: A 180-meter-long Lazy River, party zones, children's playgrounds, and sports courts.
Pools: Includes private pools and a water maze.
Additional amenities: A cigar lounge, a private beach for residents, and the Esaad Privilege Card, which provides discounts at over 7,000 branded stores.
Location and accessibility:

Proximity to key attractions:
Downtown Dubai and Burj Khalifa: About 10 minutes by car.
Dubai Mall: About 10 minutes by car.
Dubai Marina: About 25 minutes by car.
Dubai International Airport (DXB): About 20 minutes by car.
Public transportation: Bus stops and the Business Bay metro station are within walking distance, providing convenient transportation around the city. Forecast and Recommendations: Investing in Chic Tower real estate appears promising for several reasons:

Return on Investment (ROI): As of 2022, the expected return is approximately 6%, with potential for growth as construction progresses and the area develops.
Location: Business Bay is one of Dubai's most dynamic areas, contributing to future property appreciation.
Project Uniqueness: The combination of luxurious design by de GRISOGONO and extensive wellness amenities makes Chic Tower attractive to both renters and buyers.
Recommendations:

For investors: Consider purchasing the property early in the construction phase to maximize profits through resale or rental.
For personal residence: Chic Tower is ideal for those who value luxury, comfort, and health, thanks to its extensive wellness facilities and convenient location.
Proximity to key attractions:

Burj Khalifa and Dubai Mall: approximately 10 minutes by car.
Jumeirah Beach: approximately 15 minutes by car.
Dubai Opera and The Dubai Fountain: approximately 10 minutes by car.
Proximity to water: Chic Tower is located directly on the Dubai Canal, offering scenic views and walks along the water.

Potential Negatives:

Construction: Until completion in 2026, noise and construction equipment may cause disturbances.
Traffic: Business Bay is a busy area, which can lead to traffic congestion during peak hours.
Overall, Chic Tower is an attractive investment and residential option, combining luxury, a convenient location, and extensive leisure and wellness facilities.

Unit Resale Terms
Minimum Apartment Payment for Resale
30% + 4% DLD
Payment Plan
Inheritable
Furniture
Kitchen + Kitchen Appliances + Bathroom Fittings
Amenities and Safety
- Seven revitalizing baths, including hot, cold, salt, and mud, to detoxify the body and rejuvenate the skin
- Dubai's first beauty bar, where cosmetologists will create a personalized cream for each client based on their skin needs
- Multiple swimming pools, including a spacious 50x8m2 infinity pool
- Spas
- Gyms
- Freshly squeezed juice bar
- Gazebos
- Playgrounds
- Outdoor party areas
- Football Arena
Greenery and Water
Greenery
Safa Park
Water
Al Jadaf Dubai Canal

Payment Plan
Preliminary Valuation based on handover date

The mandatory 4% DLD municipal tax is not included.

1
20%
At the time of booking · October 2025

2
26%
December 2025

3
32%
March 2026

4
38%
June 2026

5
44%
September 2026

Resale possible
6
50%
December 2026

7
56%
March 2027

8
62%
June 2027

9
68%
September 2027

10
74%
December 2027

11
76%
January 2028

12
78%
February 2028

13
80%
March 2028

14
100%
April 2028

Average price in the location
23,034 AED/m2
Difference
+21%
Project price
27,953 AED/m2