Chic Tower rents
- 3 new leases and 1 renewals in 12 months
- 464 units
- Business Bay
A two-bed here leases for about AED 160,000 a year, 14% above the typical Business Bay two-bed.
2 bed · typical new lease
160,000AEDa year
AED 103/sqft
- A month, roughly
- AED 13,333
- vs Business Bay 2 bed
- 14% above the median
- New leases, 12 months
- 3
What should a lease in Chic Tower cost?A two-bed leases for about AED 160,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
Chart data, 2 bed: Sep 2013, AED 117,000; latest, Feb 2026, AED 152,500; peak, Dec 2013, AED 240,000.
4 contracts starting on or after 12 Oct 2025.
About Chic TowerA 40-floor tower in Business Bay, an 8-minute drive from DIFC
Chic Tower is an under-construction (48% built) apartment building in Business Bay. 4 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 40
- Lifts
- 8
- Parking bays
- 500
- Pools
- 2
Drive times · typical
- Downtown
- 9 min · 3.2 km
- DXB Airport
- 17 min · 18 km
- DIFC
- 8 min · 6.5 km
- Dubai Marina
- 18 min · 20 km
- Palm Jumeirah
- 24 min · 24 km
Nearest, as registered
Letting a unit in Chic Tower?1% of units here signed a yearly lease in 12 months, below the Business Bay median
- Units on a yearly lease
- 1%Watch
- Business Bay median 41%; top tenth from 69%
Ejari leases to 12 Oct 2026
Thinking of selling? Chic Tower sale prices →Comparables in Business Bay
Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Chic Tower places 75th of 100; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Chic Tower.
At 2 bed, Chic Tower ranks 40th of 76 by rent per square foot in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Business Bay
Prices per sq ft around Chic Tower, on the mapPrices per sq ft around Chic Tower, on the map
Peninsula Three
Business Bay · 441 contracts, 12 months
100,000
AED a year median · 162/sqft
Prive by DAMAC (B)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Prive by DAMAC (A)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Amna Tower
Business Bay · 406 contracts, 12 months
135,000
AED a year median · 106/sqft
Ask about Chic Tower
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a 2 bedroom in Chic Tower?
- The median new annual rent is AED 160,000, from 3 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in Chic Tower?
- 2 sales were registered with the Dubai Land Department in the last 12 months, alongside 3 Ejari rental contracts. Every median on this page rests on those counts.
- What is the rental yield in Chic Tower?
- No gross yield is published for Chic Tower as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 2 registered sales and 3 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.3% gross.
- How much does a 2 bedroom in Chic Tower cost?
- The median registered sale price is AED 3.64M (2,315 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
For agents
Send this page to a client as a branded report
Chic Tower rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 0 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/business-bay/chic-tower
Cite as: Dubai Wealth Index. “Chic Tower rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/chic-tower
Stable dataJSON