About Chic Tower
Chic Tower is a residential tower by Pax Investment, in Business Bay, Dubai. It rises 42 storeys (a ground floor, 5 podium levels, 36 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 467 homes.
Key information
Developer
Pax Investment
- Handover
- Q3 2025
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2023
- Number of buildings
- 1
- Number of units
- 467
- Registered with DLD
- 07 Oct 2022
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019000084732
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Handed overQ3 2025
Construction progress
62 inspection photos from the Dubai Land Department. Latest 17 Aug 2026 at 84% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
8 Elevators
40 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
539
Median price
AED 1.3M
Median price / sqft
AED 2K+15%
Off-plan share
100%
Priced 26% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 277 | 474 sqft | AED 1.0M | AED 2K |
| 1 Bed | 171 | 852 sqft | AED 1.8M | AED 2K |
| 2 Bed | 91 | 1,551 sqft | AED 3.1M | AED 2K |
Price per sqft by year
+15% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 05 Aug 2026 | Off-plan | 778 sqft | AED 1.6M | AED 2K |
| 04 Aug 2026 | Off-plan | 481 sqft | AED 1.0M | AED 2K |
| 22 Jul 2026 | Off-plan | 495 sqft | AED 1.4M | AED 3K |
| 01 Jul 2026 | Off-plan | 215 sqft | AED 460K | AED 2K |
| 25 Jun 2026 | Off-plan | 975 sqft | AED 2.8M | AED 3K |
| 23 Apr 2026 | Off-plan | 933 sqft | AED 3.0M | AED 3K |
| 22 Apr 2026 | Off-plan | 975 sqft | AED 1.9M | AED 2K |
| 25 Mar 2026 | Off-plan | 495 sqft | AED 1.1M | AED 2K |
Unit mix
467 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 3 | - |
| Studio | 231 | 426 - 634 sqft |
| 1 B/R | 151 | 754 - 1,973 sqft |
| 2 B/R | 81 | 1,314 - 1,754 sqft |
| 4 B/R | 1 | 8,316 sqft |
Payment plan
Payment plans are set by Pax Investment and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Chic Tower has already been handed over (Q3 2025), according to Dubai Land Department records.
