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Project · #1854 by 12M value

Chic Tower by de GRISOGONO

Business Bay · Damac Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
2

Market bulletin · Thu, 22 Oct 2026

Chic Tower by de GRISOGONO: 2 sales worth AED 7.68M in 30 days

Chic Tower by de GRISOGONO recorded 2 sales worth AED 7.68M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 4.76M), against 1 the week before.

By market over 12 months: developer off-plan sales 36.8%, off-plan resales 63.2%. Off-plan resales traded at a median 0.3% discount to developer prices per sqft.

In Business Bay, Chic Tower by de GRISOGONO ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25AED 2,069
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25AED 3,094
Feb 25—
Jan 25—
Dec 24—
Nov 24—

Off-plan vs resale vs secondary

Monthly median AED/sqft by market (months with 10+ sales)

View data table
Off-plan vs resale vs secondary
DateOff-plan (developer)Off-plan resale
Oct 26——
Sept 26——
Aug 26——
Jul 26——
Jun 26——
May 26——
Apr 26——
Mar 26——
Feb 26——
Jan 26——
Dec 25——
Nov 25——
Oct 25——
Sept 25——
Aug 25——
Jul 25——
Jun 25——
May 25——
Apr 25——
Mar 25AED 3,150—
Feb 25——
Jan 25——
Dec 24——
Nov 24——

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26020
Sept 26000
Aug 26020
Jul 26110
Jun 26100
May 26000
Apr 26110
Mar 26100
Feb 26110
Jan 26030
Dec 25020
Nov 25200

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month2—AED 7.68M——
Last 3 months4up 33.3%AED 10.3M——
Last 6 months7down 41.7%AED 14.9M2,139down 0.8%
Last 12 months19down 51.3%AED 31.2M2,155unchanged 0.0%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Off-plan (developer)737%AED 1.07M2,155down 24.8%
Off-plan resale1263%AED 1.25M2,149up 5.7%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio1368%AED 1.05M2,155unchanged 0.0%
1 bedroom526%AED 1.95M2,334up 6.0%
2 bedrooms15%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M1579%AED 1.05M2,139up 1.9%
AED 2M–10M421%———

Competing projects in Business Bay

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bugatti ResidencesBinghatti265,436—
DWTN Residences - Downtown ResidencesDeyaar Development2942,773—
Al Habtoor TowerAl Habtoor Group1772,661—
One by BinghattiBinghatti1722,205up 2.7%
Tiger Sky TowerTiger Properties - Tiger Real Estate1562,350—
Volante 2Xtreme Vision123,491—
Burj Binghatti by Jacob & CoBinghatti273,523—
Avarra - Business Bay Palace ResidencesEmaar Properties593,460—
One River PointEllington Properties Development792,714—
Bayz 102 By DanubeDanube Properties932,955—

Biggest sales, last 3 months

Biggest sales in Chic Tower by de GRISOGONO
PricePropertyDate
AED 4.76MStudio Apartment · 495 sqftChic Tower by de GRISOGONO · Business Bay22 Oct
AED 2.92M2 BR Apartment · 1,575 sqftChic Tower by de GRISOGONO · Business Bay10 Oct
AED 1.59M1 BR Apartment · 778 sqftChic Tower by de GRISOGONO · Business Bay5 Aug
AED 1.01MStudio Apartment · 481 sqftChic Tower by de GRISOGONO · Business Bay3 Aug

Questions about Chic Tower by de GRISOGONO

How many properties were sold in Chic Tower by de GRISOGONO in the last year?

19 sales worth AED 31.2M were registered in the last 12 months: 37% developer off-plan, 63% off-plan resales and 0% secondary (ready) sales.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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