- don't miss this exclusive opportunity to invest in
- Chic Tower de GRISOGONO
Developer
Damac Properties
AED 2,779,000
STARTING PRICE
Q2 - 2026
HANDOVER
- Discover
- Chic Tower de GRISOGONO
Developer
Damac Properties
AED 2,779,000
STARTING PRICE
Q2 - 2026
HANDOVER
Date
Monday, 18 th September 2023
Time
9:00 AM – 5:00 PM
Venue
Majlis Al Salam Ballroom
Access
Valet Parking
- Discover
- Chic Tower de GRISOGONO
Set to become a stunning adornment of Business Bay, Chic Tower is an upscale 41-storey tower by DAMAC Properties in collaboration with the world-renowned de GRISOGONO jewellery brand. For a distinctive look, the high-end skyscraper will feature a cascade of undulating terraces inspired by the waves of Dubai Water Canal. The terraces will descend from a stepped roof, where water will trickle from one pool to another.
At the same time, both the interior and exterior design of Chic Tower will take influence from the De Grisogono jewellery designs, with the main concept of the skyscraper being focused around turquoise, and is reminiscent of one of the world’s most beloved gemstones.
Overlooking the Burj Khalifa and Dubai Water Canal, the branded development offers a selection of meticulously crafted studios and 1-2 bedroom apartments, with living areas ranging from 413 sq. ft to 1,679 sq. ft. Each property will be complemented with a fitted kitchen and a spacious balcony, where homeowners will be able to enjoy the breathtaking panorama of the famous city.
With wellness and opulence in mind, Chic Tower will treat its residents to an array of exclusive world-class offerings. These are as follows:
- First-of-its-kind beauty bar in Dubai with custom-made beauty products
- Juice bar
- Outdoor gym with calisthenics-focused equipment and training facilities
- Children’s play area
- Outdoor party area
- Youth Fountain
- 7 baths (incl. salt, mud, cold and hot baths)
- Lazy river 590 ft long
- Infinity swimming pool measuring 164 ft
- Cabanas
- Football arenas
- 24/7 concierge services
- Valet parking services
Restaurants
Gymnasium
Swimming Pools
public parks
barbecue area
Spa Center
Nestled alongside the bank of the Dubai Water Canal, Chic Tower will be adjacent to the Peninsula master development by Select Group. Additionally, thanks to the intersection of Marasi Dr, Al Khaleej Al Tejari 1 St and Al A’mal St, commutes around the city will be totally hassle-free. That being said, sought-after locations such as Dubai International Airport and Dubai Marina, among others, are easily accessible within 20 minutes of the development.
If you prefer to take public transportation, the following stations are within walking distance of Chic Tower:
- Clover Bay Station 1
- The Binary Tower
- Business Bay Marine Transport Station
- Business Bay Metro Station
15 Minutes
The Dubai Mall
The Burj Khalifa
just 11 kilometres away
When residing in Chic Tower, you will be able to fully enjoy a unique wellness concept and sophisticated interiors inspired by de GRISOGONO gemstones. Thanks to its convenient location in Dubai’s financial hub, the upcoming skyscraper will be appealing to business professionals and entrepreneurs alike. At the same time, the tower will be situated within a maximum of a half an hour walk from some of the most visited Dubai landmarks, such as Dubai Opera, Burj Park by Emaar, The Dubai Fountain and The Dubai Mall.
Taking the information mentioned above into account, it is safe to say that an apartment in Chic Tower is a lucrative option not only for private use, but also as a commercial asset. That being said, the gross ROI for 1-bedroom properties in Business Bay is 6.9%, as of Q3 2023, according to the Property Finder portal. The initial rental cost meanwhile, amounts to AED 50,000 (USD 13,600) per year. These indicators mean that you will be able to benefit from an attractive income on a permanent basis if you decide to lease your residence.
Once Chic Tower is completed in Q2 2026, you will be able to apply for a 3-year investor visa through the Taskeen Programme by the DLD. The minimum qualifying amount in this case is AED 750,000 (USD 205,000) and this scheme applies exclusively to ready-to-move-in real estate. As a result, you will become a holder of an Emirates ID, which will provide you with privileges when opening a bank account, applying for a driver’s license and more.
- Office no. 3410, Burlington Tower, Business Bay, Dubai, UAE
- +971 (0) 4 433 1799
- info@silverstonelr.com
Starting price: AED 2,779,000
FEATURES & AMENITIES
Gym
CHILDREN'S PLAY AREA
RESTAURANTS
PUBLIC PARKS
swimming pool
Spa
LOCATION
About Chic Tower
Set to become a stunning adornment of Business Bay, Chic Tower is an upscale 41-storey tower by DAMAC Properties in collaboration with the world-renowned de GRISOGONO jewellery brand. For a distinctive look, the high-end skyscraper will feature a cascade of undulating terraces inspired by the waves of Dubai Water Canal. The terraces will descend from a stepped roof, where water will trickle from one pool to another.
At the same time, both the interior and exterior design of Chic Tower will take influence from the De Grisogono jewellery designs, with the main concept of the skyscraper being focused around turquoise, and is reminiscent of one of the world’s most beloved gemstones.
Overlooking the Burj Khalifa and Dubai Water Canal, the branded development offers a selection of meticulously crafted studios and 1-2 bedroom apartments, with living areas ranging from 413 sq. ft to 1,679 sq. ft. Each property will be complemented with a fitted kitchen and a spacious balcony, where homeowners will be able to enjoy the breathtaking panorama of the famous city.
With wellness and opulence in mind, Chic Tower will treat its residents to an array of exclusive world-class offerings. These are as follows:
- First-of-its-kind beauty bar in Dubai with custom-made beauty products
- Juice bar
- Outdoor gym with calisthenics-focused equipment and training facilities
- Children’s play area
- Outdoor party area
- Youth Fountain
- 7 baths (incl. salt, mud, cold and hot baths)
- Lazy river 590 ft long
- Infinity swimming pool measuring 164 ft
- Cabanas
- Football arenas
- 24/7 concierge services
- Valet parking services
Location
Nestled alongside the bank of the Dubai Water Canal, Chic Tower will be adjacent to the Peninsula master development by Select Group. Additionally, thanks to the intersection of Marasi Dr, Al Khaleej Al Tejari 1 St and Al A’mal St, commutes around the city will be totally hassle-free. That being said, sought-after locations such as Dubai International Airport and Dubai Marina, among others, are easily accessible within 20 minutes of the development.
If you prefer to take public transportation, the following stations are within walking distance of Chic Tower:
- Clover Bay Station 1
- The Binary Tower
- Business Bay Marine Transport Station
- Business Bay Metro Station
Investing in Chic Tower
When residing in Chic Tower, you will be able to fully enjoy a unique wellness concept and sophisticated interiors inspired by de GRISOGONO gemstones. Thanks to its convenient location in Dubai’s financial hub, the upcoming skyscraper will be appealing to business professionals and entrepreneurs alike. At the same time, the tower will be situated within a maximum of a half an hour walk from some of the most visited Dubai landmarks, such as Dubai Opera, Burj Park by Emaar, The Dubai Fountain and The Dubai Mall.
Taking the information mentioned above into account, it is safe to say that an apartment in Chic Tower is a lucrative option not only for private use, but also as a commercial asset. That being said, the gross ROI for 1-bedroom properties in Business Bay is 6.9%, as of Q3 2023, according to the Property Finder portal. The initial rental cost meanwhile, amounts to AED 50,000 (USD 13,600) per year. These indicators mean that you will be able to benefit from an attractive income on a permanent basis if you decide to lease your residence.
Once Chic Tower is completed in Q2 2026, you will be able to apply for a 3-year investor visa through the Taskeen Programme by the DLD. The minimum qualifying amount in this case is AED 750,000 (USD 205,000) and this scheme applies exclusively to ready-to-move-in real estate. As a result, you will become a holder of an Emirates ID, which will provide you with privileges when opening a bank account, applying for a driver’s license and more.
