Chic Tower, Business Bay

    Sold Prices · DLD Data

    Chic Tower

    Business Bay, Dubai · Business Bay

    AED 2,364

    Avg Price / sqft

    AED 1.6M

    Avg Sale Price

    18

    DLD Sales Recorded

    5.4%

    Est. Gross Yield

    View listings Explore Business Bay

    Market snapshot

    Chic Tower — the numbers

    Chic Tower is a residential building in Business Bay, Dubai with approximately 467 units. Dubai Land Department records show 18 sales in the building, at an average price of AED 1.6M — around AED 2,364 per square foot.

    Since January 2026, 17 sales completed in Chic Tower, with the average price per square foot moving from AED 2,552 to AED 2,071 (-18.8%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Chic Tower returns an estimated 5.4% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Chic Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Chic Tower

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-18.8%

    1,9862,2472,507Jan 26: AED 2,552/sqft · 4 salesJan 26Feb 26: AED 2,385/sqft · 5 salesFeb 26Mar 26: AED 2,211/sqft · 2 salesMar 26Apr 26: AED 2,594/sqft · 2 salesApr 26Jul 26: AED 1,899/sqft · 2 salesJul 26Aug 26: AED 2,071/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 1.1M

    AED 2,168/sqft

    11 sales · last 12 months

    1 Bed

    AED 2.4M

    AED 2,671/sqft

    7 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    05 Aug 2026Sales1778AED 1.6MAED 2,049
    03 Aug 2026Sales0481AED 1.0MAED 2,094
    22 Jul 2026Sales0495AED 1.4MAED 2,728
    01 Jul 2026Sales0430AED 460KAED 1,069
    25 Jun 2026Sales1975AED 2.8MAED 2,862
    22 Apr 2026Sales1933AED 3.0MAED 3,191
    22 Apr 2026Sales1975AED 1.9MAED 1,997
    25 Mar 2026Sales0495AED 1.1MAED 2,309
    06 Mar 2026Sales0508AED 1.1MAED 2,113
    24 Feb 2026Sales1945AED 3.0MAED 3,131
    17 Feb 2026Sales0491AED 1.1MAED 2,230
    13 Feb 2026Sales0464AED 1.3MAED 2,691
    04 Feb 2026Sales0487AED 1.1MAED 2,155
    03 Feb 2026Sales0634AED 1.1MAED 1,718
    26 Jan 2026Sales1779AED 1.8MAED 2,334
    20 Jan 2026Sales1879AED 2.8MAED 3,130
    14 Jan 2026Sales0430AED 954KAED 2,218
    06 Jan 2026Sales0495AED 1.3MAED 2,525

    About the area

    Chic Tower is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

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    FAQ

    Chic Tower: frequently asked questions

    What is the average price in Chic Tower?

    The average recorded sale price in Chic Tower, Business Bay is AED 1.6M, around AED 2,364 per square foot, based on Dubai Land Department transaction data.

    Are prices in Chic Tower going up or down?

    Average sale prices in Chic Tower have eased -18.8% per square foot since January 2026, across 17 DLD-recorded sales.

    What rental yield can I expect in Chic Tower?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Chic Tower yields roughly 5.4% gross per year, before service charges and fees.

    How many properties have sold in Chic Tower?

    18 sales have been recorded in Chic Tower according to DLD data, across approximately 467 units.

    Considering Chic Tower?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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