Completed hotel and office façades on Al Ohood Street in Business Bay. Area context, not a photograph of Chic Tower.

Area view, not a building-specific photograph

Chic Tower, Dubai

Business BayMostly off-plan sales

Homes sold for a median AED 2,218 per sq ft. There were 23 sales in the last 12 months.

Mostly off-plan sales in Business Bay. A typical studio sold for AED 1,050,000.

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Photo: Cpt Burah / Unsplash

Median sold price
AED 2,218
Per sq ft, 12 months to 5 Oct 2026
Change in a year
+2.9%
↑ +2.9%
Registered sales
23
12 months
Lowest recent sale
AED 460,000
Recent sales shown below
Typical price
StudioAED 1.05M1BRAED 2.75M
Rounded registered medians, the last 12 months to 5 Oct 2026

Price per sq ft over five years

Median sold price each quarter, against the Business Bay median. Gaps mean fewer than 3 sales that quarter.

Chic Tower2,116Last recorded: 2026 Q3

Business Bay median2,097Last recorded: 2026 Q3

Chic Tower median AED per sq ft by quarterSale figures only. Gaps mark missing values. See the table below for exact figures.1,1471,7202,2942,8673,4402021 Q42022 Q42023 Q42024 Q32025 Q32026 Q3Chic Tower: 2,141, 2022 Q4Chic Tower: 2,126, 2023 Q1Chic Tower: 2,085, 2023 Q2Chic Tower: 2,276, 2023 Q3Chic Tower: 2,095, 2023 Q4Chic Tower: 2,299, 2024 Q1Chic Tower: 2,066, 2024 Q2Chic Tower: 2,210, 2024 Q4Chic Tower: 2,867, 2025 Q1. Mix of homes sold changed this quarterChic Tower: 1,933, 2025 Q2Chic Tower: 2,062, 2025 Q3Chic Tower: 2,136, 2025 Q4Chic Tower: 2,309, 2026 Q1Chic Tower: 2,862, 2026 Q2. Mix of homes sold changed this quarterChic Tower: 2,116, 2026 Q3Business Bay median: 1,436, 2021 Q4Business Bay median: 1,595, 2022 Q1Business Bay median: 1,715, 2022 Q2Business Bay median: 1,838, 2022 Q3Business Bay median: 2,044, 2022 Q4Business Bay median: 2,111, 2023 Q1Business Bay median: 1,812, 2023 Q2. Mix of homes sold changed this quarterBusiness Bay median: 2,380, 2023 Q3Business Bay median: 2,181, 2023 Q4Business Bay median: 2,276, 2024 Q1Business Bay median: 2,459, 2024 Q2Business Bay median: 2,466, 2024 Q3Business Bay median: 2,309, 2024 Q4Business Bay median: 2,369, 2025 Q1Business Bay median: 2,368, 2025 Q2Business Bay median: 2,634, 2025 Q3Business Bay median: 2,558, 2025 Q4Business Bay median: 2,626, 2026 Q1Business Bay median: 2,464, 2026 Q2Business Bay median: 2,097, 2026 Q32,116

Exact registered values are available in the data table below.

Chic Tower: 15 periods with values of 20 labelled periods.Business Bay median: 20 periods with values of 20 labelled periods. Missing values break the line; they are not treated as zero.
  • Chic Tower, 2025 Q1: Mix of homes sold changed this quarter
  • Chic Tower, 2026 Q2: Mix of homes sold changed this quarter
  • Business Bay median, 2023 Q2: Mix of homes sold changed this quarter
View chart data
Chic Tower median AED per sq ft by quarter
PeriodChic TowerBusiness Bay median
2021 Q4Not reported1,436
2022 Q1Not reported1,595
2022 Q2Not reported1,715
2022 Q3Not reported1,838
2022 Q42,1412,044
2023 Q12,1262,111
2023 Q22,0851,812
2023 Q32,2762,380
2023 Q42,0952,181
2024 Q12,2992,276
2024 Q22,0662,459
2024 Q3Not reported2,466
2024 Q42,2102,309
2025 Q12,8672,369
2025 Q21,9332,368
2025 Q32,0622,634
2025 Q42,1362,558
2026 Q12,3092,626
2026 Q22,8622,464
2026 Q32,1162,097

Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.

By number of bedrooms

Compare the median price paid for each home size.

StudioAED 1.05M15 registered sales
1 bedroomAED 2.75M7 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
Studio15AED 1.05M4912,138AED 65,0006.2%
1 bedroom7AED 2.75M9332,947AED 85,0003.1%

Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Business Bay.

Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.

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Latest registered sales

Compare the recorded prices, sizes and dates of the Chic Tower sales shown below.

Latest registered sales
2026-08-051 bedroomOff-Plan7781,595,0002,050
2026-08-03StudioOff-Plan4811,008,0002,096
2026-07-22StudioOff-Plan4951,350,9002,729
2026-07-01StudioOff-Plan215460,0002,140
2026-06-251 bedroomOff-Plan9752,791,8002,863
2026-04-221 bedroomOff-Plan9751,948,0001,998
2026-04-221 bedroomOff-Plan9332,976,0003,190
2026-03-25StudioOff-Plan4951,142,9602,309

Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.

What a studio in Chic Tower really costs

Use your purchase price, rent and charges to compare the cash needed and income after costs.

These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.

Find your building’s approved rate on the Land Department's Service Charge Index. Match the usage and year.

How you're buying

Where your purchase costs go

The chart shows how the one-off purchase fees are divided for your inputs.

Cash you need on day one
AED 1,118,290
Net yield after costs
Add your service charge
Fees on top of the price
DLD transfer feeAED 42,000
DLD admin feeAED 40
Registration trustee fee (incl. VAT)AED 4,200
Agent commission (incl. VAT)AED 22,050
Total feesAED 68,290
Monthly mortgage payment
AED 0
Service charge a year
Add your service charge
Gross yield
6.2%

Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.

Open these figures in the full calculator

Price and size are this building's medians. Rent is the area-level Ejari median for a studio in Business Bay. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.

Location: Business Bay

This map marks the parent area. It does not show the entrance or exact building position.

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Questions people ask

These answers explain the prices and registered sales shown for Chic Tower.

What is the price per sq ft in Chic Tower?

The median sold price was AED 2,218 per sq ft. There were 23 sales over the last 12 months to 5 Oct 2026. Prices changed by +2.9% from the 12 months before. The last sale was on 5 Aug 2026.

How much does a studio in Chic Tower cost?

The median price for a studio was AED 1,050,000. The median size was about 491 sq ft. This covers 15 sales in the last 12 months.

What rent does a studio near Chic Tower get?

The median rent for that home size in Business Bay was AED 65,000 a year. The publisher sample has 4,077 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. The rent-to-price comparison is about 6.2%, before costs. This uses the building's median sale price and area rent. It is not an observed lease yield for this building.

Is Chic Tower expensive for Business Bay?

Chic Tower sells at 11.0% below the Business Bay median of AED 2,492 per sq ft, comparing both over the last 12 months.

Sources

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.