Question 1

What is ChicÂ Tower?

Accepted Answer

ChicÂ Tower is an off-plan development by Damac Properties in Business Bay, sold before completion. Unit types, floor plans, pricing and the payment schedule are listed on this page, along with the expected handover date.

Question 2

What payment plan is available for ChicÂ Tower?

Accepted Answer

ChicÂ Tower is offered with a developer payment plan, generally a booking deposit followed by construction-linked instalments and a final amount at handover. The payment plan section above shows the exact split for this project.

Question 3

When is ChicÂ Tower expected to complete?

Accepted Answer

The expected handover date is shown in the project timeline on this page. Construction progress is tracked against RERA-registered milestones, and payments fall due as those milestones are certified.

Question 4

Is buying ChicÂ Tower off-plan protected?

Accepted Answer

Yes. As a RERA-registered project, buyer funds are held in a project escrow account and released to the developer against verified construction progress, rather than paid directly to the developer upfront.

Question 5

What are the additional costs for ChicÂ Tower?

Accepted Answer

Beyond the unit price, budget for the 4% Dubai Land Department registration fee and any applicable agency commission. Dubai charges no annual property tax and no capital gains tax on residential property.

ChicÂ Tower

Premium Amenities

Payment Plan

Down Payment

During Construction

On Handover

Floor Plans & Available Units

Studio

1 Bedroom

2 Bedroom

Location

Interested in this property?

Damac Properties

Similar Projects

Mauritius

Antigua

Tahiti 2

Bahamas Phase 2

Frequently Asked Questions about ChicÂ Tower