Project general facts Chic Tower by de GRISOGONO is a wellness-focused ultra-luxury residential development located in Business Bay, Dubai, overlooking the Dubai Canal. The project is designed as a branded residence inspired by the healing properties of turquoise and reflects the signature aesthetic of master jeweller de GRISOGONO. Positioned in a prime central location, it combines waterfront views with immediate access to the city’s key business and lifestyle districts, offering a concept that merges urban convenience with a holistic luxury living environment. The development is centered around a wellness-driven lifestyle concept, offering a wide range of health, fitness, and spa-oriented amenities. Residents are welcomed into a lobby designed with active lifestyle elements, including workout benches and weights. The podium level extends into a full spa experience complemented by an outdoor gym with calisthenics-focused equipment, alongside restorative baths, beauty treatment areas, and state-of-the-art fitness facilities. The overall concept emphasizes continuous well-being through integrated wellness infrastructure throughout the building. The interiors feature luxury finish
| Milestone | Share | On AED 4.71M |
|---|---|---|
| On booking | 20% | AED 941K |
| During construction | 20% | AED 941K |
| Upon Handover | 60% | AED 2.82M |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 941,000 |
| During construction (20%) | ≈ AED 39,208 equivalent per month over 24 months | AED 941,000 |
| Handover (60%) | On completion | AED 2,823,000 |
| DLD fee (4%) | On booking | AED 188,200 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Chic Tower starts from AED 4.71M and runs to AED 27.59M, across 0 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
20% on booking, 20% during construction, 60% upon handover, worked in dirhams on AED 4.71M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
DAMAC lists handover for APR 2026, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Business Bay, Dubai: Maple Bear Pre School 1 min, Bay Avenue Park 5 min, Bay Avenue Mall 7 min. The Business Bay community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 0205819445202. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.