DAMAC Chic Tower by de GRISOGONO
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DAMAC Chic Tower by de GRISOGONO

de GRISOGONO-designed tower in Business Bay from AED 1.125M

Starting from
AED 1.1M
Bedrooms
0–4 BR
Handover
Q2 2026
Location
Business Bay, Dubai
Payment Plan
80/20
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Overview

About This Project

DAMAC Chic Tower is a collaboration between DAMAC Properties and Swiss master-jeweller de GRISOGONO, translating the brand's signature gemstone aesthetic into a residential high-rise in Business Bay. The architecture features cascading undulating terraces inspired by Dubai Canal's waterways, with a stepped roofline that channels water between stacked pools. Residences range from studios to super-luxury 3 and 4-bedroom units, with the top-tier homes offering flower-lined terraces, personal gyms, an infinity pool, and a private projection screen for films and sports events. Business Bay is Dubai's most connected commercial and residential district β€” minutes from Downtown Dubai, Dubai Mall, and the Burj Khalifa, with direct Canal-front promenade access. The building's podium houses a full spa extending to an outdoor calisthenic gym, 7 detoxifying therapeutic baths, juice bars, swimming pools, playgrounds, party zones, and a football arena, creating a self-contained wellness and social community. With a Q2 2026 handover and an 80/20 payment plan, buyers retain 80% of payments spread across construction β€” limiting upfront capital exposure. Prices start from AED 1,125,000, positioning this as a competitive entry into a canal-view, branded-residence asset in one of Dubai's highest-rental-yield corridors. Business Bay consistently delivers strong short-term rental demand given its proximity to the DIFC and Downtown business cluster.

ApartmentStudio0–4 BR
πŸ’Žluxury🌟branded
Returns

Investment Highlights

✦

Starting rental price for 1-bedroom apartments in Business Bay is AED 80,000 per annum with an estimated ROI of 8%

✦

Strategic location adjacent to iconic Opus building and near Sheikh Zayed Road and Burj Khalifa Boulevard

✦

Option to purchase a full floor, with property value expected to rise as construction nears completion

✦

Buyers eligible for a 3-year investor visa or 5-year UAE Golden Visa depending on property value

Financing

Payment Plan

80/20

20%
On Booking
60%
During Construction
20%
On Handover
Layouts

Floor Plans & Sizes

SBR
Studio
On request
1BR
1BR
On request
2BR
2BR
On request
3 unit types available
Lifestyle

Amenities & Features

🏊Swimming Pool
🏊Infinity Pool
πŸ‹Gym
πŸ‹Fitness Centre
πŸ’†Spa
✦Revitalizing Baths
✦Juice Bar
πŸ§’Playground
✦Party Zone
✦Football Arena
πŸ‹Outdoor Gym
πŸ›‘24/7 CCTV
✦Furnished Residences
Connectivity

Commute Times

πŸš—
Well Connected Location
Approximate driving times from this development
πŸ“
Downtown Dubai
10 min by car
β›΅
Dubai Marina
10 min by car
✈️
DXB Airport
20 min by car
✈️
DWC Airport
45 min by car
Where Is It

Location & Nearby

Questions

Frequently Asked Questions

DAMAC Chic Tower is a branded residential development by DAMAC Properties in Business Bay, Dubai, designed in collaboration with Swiss master-jeweller de GRISOGONO. The tower's architecture is inspired by gemstone forms and Dubai Canal's wave patterns, expressed through cascading terraces and a layered stepped roof. It offers studios, 1-2 bedroom apartments, and super-luxury 3-4 bedroom residences.

The tower sits in Business Bay, Dubai's central business and lifestyle district directly adjacent to the Dubai Canal. It is within minutes of Downtown Dubai, the Burj Khalifa, Dubai Mall, and the DIFC financial hub. Canal-view panoramas are available from multiple residential floors.

Prices in DAMAC Chic Tower start from AED 1,125,000, making it a competitive entry point for a branded canal-view residence in Business Bay. Super-luxury 3 and 4-bedroom units with private infinity pools and personal gyms are priced at a premium above this entry level. Buyers should contact registered DAMAC brokers for current unit-specific pricing.

DAMAC Chic Tower is offered on an 80/20 payment plan, meaning 80% of the purchase price is paid during construction and 20% is due on handover. This structure spreads financial commitment across the build timeline and reduces upfront capital exposure for investors and end-users. The project is scheduled for handover in Q2 2026.

DAMAC Chic Tower is scheduled for completion and handover in Q2 2026. The project is currently under active development by DAMAC Properties, one of Dubai's largest and most established developers. Buyers purchasing now benefit from the remaining construction-phase payment schedule under the 80/20 plan.

The tower features 7 therapeutic detoxifying baths designed to extract toxins and improve skin health, a main spa extending to a podium-level outdoor calisthenic gym, infinity pools, juice bars, playgrounds, party zones, and a football arena. Super-luxury units include private terraces with flowers and plants, personal gyms, and a projection screen for films and sporting events. The wellness amenity offering is directly influenced by de GRISOGONO's holistic lifestyle philosophy.

DAMAC Chic Tower offers studios, 1-bedroom, and 2-bedroom apartments as standard residential units, alongside super-luxury 3-bedroom and 4-bedroom residences. The top-tier units come with private infinity pools, flower-lined terraces, personal gyms, and outdoor projection screens. All units benefit from panoramic views of the Dubai Canal and surrounding Business Bay skyline.

Business Bay is consistently one of Dubai's top-performing districts for rental yields, driven by demand from DIFC and Downtown Dubai professionals. The de GRISOGONO branded identity adds collectible value typical of luxury co-branded residences, which historically command a resale and rental premium over non-branded stock. With entry prices from AED 1,125,000 and an 80/20 plan through Q2 2026, the risk-adjusted entry point is competitive for the location and product tier.

Price range
AED 1.1M+
All prices in AED Β· subject to availability
βœ“ Freehold
Bedrooms
0–4 BR
Handover
Q2 2026

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