Chic Tower
- Under construction · 48% built · handover Q3 2025, overdue
- 40 floors
- 8 lifts
- 500 parking bays
- 2 pools
A studio in Chic Tower costs a median AED 1.05M.
Studio · typical price
1.05MAED
AED 2,155/sqft · -2.4% on a year
- vs Business Bay
- 9% below the median
Cost to buy, all inAED 1.12M
- Price
- AED 1.05M
- DLD fee 4%
- AED 42,000
- Agent 2% + VAT
- AED 22,050
- Trustee
- AED 4,200
Is Chic Tower a good investment?Few units are let and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
- Is it easy to let?1% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%1%Watch
Business Bay median 41% · top tenth from 69%Chic Tower · 1% Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Chic Tower is at 1%.
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?Studio: AED 2,208/sqft a year ago, 2,155 now-2.4%Fair
- How fast do fees pay back?AED 68,250 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 68,250
- Can I sell easily?24 sales in 12 months, 5% of the tower (40 the year before)24Fair
- Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
- Did earlier buyers gain?Up 3% for launch buyers, before fees+3.0%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Chic Tower prices and rents by unit typeA studio costs about AED 1.05M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Business Bay · area median AED 2,363/sqft
- 12-month change
- -2.4%
- 3 years
- -1.9% · -0.6%/yr
- vs area median
- -8.8%
- Rank by price per sqft
- 48th of 79
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: Nov 2022, AED 966,000; latest, Aug 2026, AED 956,725; peak, Feb 2025, AED 1,272,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,189 · before fees
- Launch, 2022–26
- 2,126
- +3%
- 446 sales
- 3 years ago
- 2,116
- +3%
- 316 sales
- Previous 12 months
- 2,152
- +2%
- 40 sales
- Last 12 months
- 2,189
- today
- 24 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Business Bay
Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Chic Tower places 67th of 150; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Chic Tower (AED 2,189/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Chic Tower has registered sale prices 9% below the Business Bay median price per square foot of 2,363 AED, across 79 eligible buildings. It ranks 48th of 79 by price 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.
About Chic Tower
Chic Tower is an under-construction (48% built) apartment building in Business Bay. 539 sales are registered with the Dubai Land Department.
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
Chic Tower: AED 2,189 per sq ft, 7% above the median Business Bay building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Chic TowerAED 2,189
- Business Bay, readyAED 1,869
- Business Bay, off-planAED 2,685
- Dubai, readyAED 1,421
Nearby in Business Bay
Prices per sq ft around Chic Tower, on the mapPrices per sq ft around Chic Tower, on the map
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Al Habtoor Tower
Business Bay · 205 sales, 12 months
3.44M
AED, resale median · 2,733/sqft
Peninsula Three
Business Bay · 164 sales, 12 months
1.74M
AED, resale median · 2,656/sqft
Regalia By Deyaar
Business Bay · 105 sales, 12 months
1.28M
AED, resale median · 1,782/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Chic Tower’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Chic Tower?
- No gross yield is published for Chic Tower as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 15 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.8% gross.
- How much does a studio in Chic Tower cost?
- The median registered sale price is AED 1.05M (2,155 AED/sqft), from 15 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Chic Tower risen or fallen?
- Median price per square foot moved -2.4% over the last 12 months against the 12 before it, on 15 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How many apartments change hands in Chic Tower?
- 15 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
For agents
Send this page to a client as a branded report
Chic Tower sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 15 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/business-bay/chic-tower
Cite as: Dubai Wealth Index. “Chic Tower sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/chic-tower
Stable dataJSON