- Fromper dubizzle.com and sothebysrealty.ae, 12 Oct 2026
- AED 823K≈ $224K
Price, payment plan and homes
Price per dubizzle.com and sothebysrealty.ae, 12 Oct 2026- Starting price
- AED 823K
- ≈ $224K
- Bedrooms
- Studio to 4 bed
- 413 – 7,522 sqft
- Payment plan
- 20/30/50
- AED 165K to book
- Handover
- Was due Q2 2026
Homes and floor plans
Freehold- StudioApartmentfrom 413 sqftNot listed
- 1 bedApartmentNot listed
- 2 bedApartmentNot listed
- 4 bedApartmentup to 1,679 sqftNot listed
- 4 bedVillafrom 7,522 sqftNot listed
Payment plan
On AED 823K- 20% at bookingAED 165K
- 30% during construction, until handover (was due Q2 2026)AED 247K
- 50% on handover (was due Q2 2026)AED 412K
Before the keys: AED 412K, 50% of the price.
20% Down Payment (On Booking Date); 30% During Construction (1st to 4th Installment); 50% On Handover (100% Completion)
Location · Business Bay · Dubai
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
Forecast
What it could be worth
The in-depth review
Why it scores 82
Price per sqft vs registered sales
Dubai Land Department open dataAED 1,993/sqft (est.)
The DLD median for apartments in Business Bay is AED 2,529/sqft (as of 4 Oct 2026). This project's figure is our estimate from the listed prices and unit sizes, so no gap is shown here; the score's price factor reads it at half weight, capped at 70. The gap appears once the register shows ten of this project's own sales or the developer states a price per sqft.
How the 82 was scored
7 of 8 factors · 100% of the weight · 1 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileNot assessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- Our estimate from its typical home, against the median of 806 off-plan sales in Business Bay · DLD
- Developer track record
- Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 30% during construction · 50% on handover
- Location and infrastructure
- Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 1,714 resales of finished apartments in Business Bay this year · DLD
- Construction on schedule
- Handover Q2 2026: 4 months past
- How much is still being built nearby
- 3,576 homes sold in Business Bay this year, 52% off-plan · DLD
- The basics on file
- Not assessed yet: needs the project's DLD registration or escrow account number
Confidence low: the price figure is our estimate from the price and size of the typical home, not a registered or stated price.
83 → 82 28 Oct 2026, construction factorScored since 13 Sep 2026 · 5 score changes
Not ranked: it was due Q2 2026 and DLD shows no off-plan sale under its name since, so the ranking leaves it out until the register shows one.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 82
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 7 assessed factor scores, with the figure and source behind each
- Damac Properties' DLD record: 17 projects, 0 past their date
- Score history since 13 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
Everything behind the 82, and behind every other score on the site.
- Projects scored
- 1,626
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Was due Q2 2026
Still listed as on sale
What this means
Damac Properties: 20 projects delivered in the last ten years, typically 12 months late, none cancelled.
Damac Chic Tower was due to hand over in Q2 2026 and is still listed as launched. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from tanamiproperties.com, dubizzle.com, read 12 Oct 2026, last verified 1 Oct 2026.
Before you pay: four things to check
1The escrow account
We hold no DLD registration. Ask for the project number and its escrow account, and check both on dubailand.gov.ae.2The handover date
It was due Q2 2026 and is still listed as launched. Ask for the new date in the sales agreement.3Today's price list
AED 823,000 is a starting price from dubizzle.com and sothebysrealty.ae, 12 Oct 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 30% during construction, 50% at handover. Ask for each payment's date and amount.
About
Damac Chic Tower is Damac's apartment tower in Business Bay, Dubai, with studios to four-bedroom apartments from about 413 to 1,679 sq ft and four-bedroom villas of about 7,522 sq ft.
- Developer
- Damac Properties
- Area
- Business Bay
- Status
- Launched
- Ownership
- Freehold
Amenities
- 24x7 Security
- Basketball Court
- Dining Outlets
- Green Surrounding
- Gymnasium
- Health Care Centre
- Infinity Pool
- Kids Play Area
- Marina & Yacht Club
- Restaurants
- Retail Outlets
- Supermarket
- Swimming Pool
- Tennis Courts
What’s nearby
straight-line distance- Hospital or clinic200 m
- Supermarket or mall320 m
- Metro or tram stop880 m
- School1.1 km
- Beach2.1 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments6.4% in Business Bay. A median rent of AED 113 per sqft a year on 7,717 new tenancy contracts, last 6 months, against AED 1,775 per sqft paid across 1,027 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working
More in Business Bay
Compare side by sideAll projects in Business Bay
Damac Chic Tower: questions buyers ask
How much does Damac Chic Tower cost?
Prices at Damac Chic Tower start from AED 823,000 (about $224K) for studios, 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom homes, per dubizzle.com and sothebysrealty.ae on 12 Oct 2026.
What is the price per sqft at Damac Chic Tower?
The asking price is around AED 1,993 per sqft, our estimate from the listed prices and unit sizes.
When is the Damac Chic Tower handover date?
Damac Chic Tower was due to hand over in Q2 2026 and is still listed as launched.
What is the Damac Chic Tower payment plan?
Damac Chic Tower is offered on a 20/30/50 plan: 20% on booking, 30% during construction and 50% at handover.
What is the Rendr Score of Damac Chic Tower?
Damac Chic Tower scores 82 of 100 on the Rendr Score, strong, as of 1 Nov 2026; 7 of its 8 factors are assessed, 100% of the weight.
What rental yield do apartments in Business Bay make?
About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Damac Chic Tower?
Damac Chic Tower is being developed by Damac Properties. It sits in Business Bay, Dubai.
Changes
Listed 9 Sep 2026 · 1 change, 1 correction since, last 12 Oct 2026
Starting price announced: AED 823K
Source: dubizzle.com, sothebysrealty.ae
Starting price corrected to Price on request (was listed as AED 823K)
Source: tanamiproperties.com, saved 9 Sep 2026
Listed on the site
Source: tanamiproperties.com, saved 9 Sep 2026
Still weighing Damac Chic Tower?
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