CHIC TOWER - DAMAC

CHIC TOWER - DAMAC
Properties

CHIC TOWER - DAMAC

AED 823,000

location

City Dubai
Area business bay
Developer DAMAC
Property Type

Essentials

Type Properties
Availability Exclusive Bookings
Bedrooms 1
Bathrooms 2
Speciality Easy 80/20 Payment Plan
Plot size 500 sq ft

About this property

DAMAC's Chic Tower, set in the bustling hub of Business Bay, represents the epitome of luxury living. This iconic tower seamlessly marries modern architecture with world-class amenities to offer residents a lifestyle that's both opulent and convenient.

Features and Amenities:
Chic Tower stands out, not just for its architectural brilliance, but for the holistic living experience it promises. From the seven rejuvenating baths and a dedicated spa to cater to your relaxation needs, to the invigorating swimming pools, playgrounds, party zones, and football arenas, every corner of the tower has been meticulously designed to cater to the varied interests of its residents. Health enthusiasts can relish the offerings of juice bars or break a sweat at the state-of-the-art fitness center.

 

Location:
Strategically located, the tower ensures that residents are always in close proximity to some of Dubai's most iconic landmarks, including the Oberoi Hotel and the mesmerizing Opus Building. Key arteries of the city, like Sheikh Zayed Road, Al Mustaqbal Street, and the illustrious Burj Khalifa Boulevard, are easily accessible. In terms of amenities, whether it's groceries from Spinneys, banking needs at the Dubai Islamic Bank, or a grooming session at Rami Arabi Beauty Salon, everything is within a stone's throw.

 

Apartment Options and Interiors:
The residential units in Chic Tower are thoughtfully designed to cater to a diverse range of preferences. From cozy studios and spacious 1- and 2-bedroom apartments to the ultra-luxurious 3- and 4-bedroom units that epitomize grandeur. These super luxury units are a dream come true for the discerning few, boasting terraces lush with greenery, infinity pools that merge with the horizon, and personal gyms for those fitness spurts.

 

Investment Opportunities:
For investors, Chic Tower is a golden goose. With 1-bedroom units in the vicinity fetching an annual rent of AED 80,000, the expected ROI hovers around the 8% mark, making it a lucrative proposition. Those looking to make a larger investment can consider purchasing an entire floor, especially since property values are set to soar as the project inches towards completion.

 

Visa Benefits:
The UAE's progressive stance on residency for investors further sweetens the deal. Property owners in Chic Tower can avail of the 5-year UAE Golden Visa or opt for the 3-year investor visa, contingent on the property's value.

 

In Conclusion:
DAMAC's Chic Tower isn't just a residential complex; it's a statement of luxury, convenience, and opulence. Whether you're a homeowner looking for a premium living experience or an investor seeking handsome returns, Chic Tower in Business Bay ticks all the boxes.
 

Features

Views business bay
Amenities Complete Amenities

Property representative

Yasmeen Yahya

Senior Property Consultant

FH-256633

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