
DAMAC Chic Tower is strategically located in the heart of Business Bay, Dubai’s main business hub. The residential project faces the Oberoi Hotel and is adjacent to the iconic Opus building, near major roads such as Al Mustaqbal Street, Sheikh Zayed Road, and Burj Khalifa Boulevard.
The residential complex is surrounded by essential amenities within walking distance, including:
A skatepark with a garden
Full Circle EMS Fitness Center Business Bay
W Mart Supermarket, ZOOM, and Spinneys for grocery needs
Dubai Islamic Bank for banking services
Rami Arabi Beauty Salon and other service centers
Real estate in DAMAC Chic Tower is highly attractive for business professionals and young couples due to its prime location in Business Bay, proximity to iconic landmarks, and access to everyday necessities. The starting rental price for a 1-bedroom apartment in similar Business Bay projects is AED 80,000 per annum, with an estimated ROI of 8%.
Investors can also purchase a full floor in the tower, making it a strong investment choice, as property values are expected to increase as construction progresses.
Owners of properties in DAMAC Chic Tower can apply for:
A 3-year investor visa
A 5-year UAE Golden Visa, depending on the value of the purchased property.
10 Minutes to Downtown Dubai
10 Minutes to Dubai Marina
20 Minutes to Dubai International Airport (DXB)
45 Minutes to Al Maktoum International Airport (DWC)
DAMAC Chic Tower offers an easy 80/20 payment plan:
On Booking: 20%
On Construction: 60%
On Handover (Q2 2026): 20%