Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Chic Tower

Under constructionBusiness BayCompletion on file Jul 2025 — date passed

467 homes on the DLD register in Business Bay, filed by Pax Investment L.L.C. 540 sales have been registered against it between 22 Aug 2022 and 5 Aug 2026.

Construction completeUnder construction

Recorded at DLD's site inspection of 17 Aug 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityPax Investment L.L.C
Area (DLD)Business Bay
StatusUnder construction
Homes467
Registered sales540
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityPax Investment L.L.C
Area (DLD)Business Bay
Master communityBusiness Bay
Project statusUnder construction
Construction progress84.01% complete (DLD inspection, 17 Aug 2026)
Homes registered467
Buildings1
Registered start15 Mar 2023
Registered completion date30 Jul 2025
DLD project number2460
Description as recorded by DLD

G+5P+36F+R (G + 29) ,Residential.The project designed to have a concrete structure and block with internal and external finishes.

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankMashreq Bank Psc
Escrow account019000084732

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Jul 2025.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

540 sales were registered against Chic Tower between 22 Aug 2022 and 5 Aug 2026 — a span of 48 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
2,139
Across 33 apartment and villa sales since 28 Apr 2025
Median price
AED 1.52m
Median size 778 sqft
Registered sales
540
22 Aug 2022 to 5 Aug 2026
Vs area median
-20.7%
Business Bay: 2,697 AED/sqft, 3,157 sales, off-plan only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers off-plan only in Business Bay over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
1,948Q2 2025n=12,056Q3 2025n=112,136Q4 2025n=32,309Q1 2026n=112,862Q2 2026n=32,116Q3 2026n=4

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio16489 sqft2,138
1 bedroom12877 sqft2,241
2 bedrooms51,555 sqft1,904

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion332,139
Registered after completion0—

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
CHIC TOWER29
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
5 Aug 2026Off-plan1 bedroom778 sqftAED 1,595,0002,049
3 Aug 2026Off-planStudio481 sqftAED 1,008,0002,094
22 Jul 2026Off-planStudio495 sqftAED 1,350,9002,728
1 Jul 2026Off-planStudio215 sqftAED 460,0002,139
25 Jun 2026Off-plan1 bedroom975 sqftAED 2,791,8002,862
22 Apr 2026Off-plan1 bedroom933 sqftAED 2,976,0003,191
22 Apr 2026Off-plan1 bedroom975 sqftAED 1,948,0001,997
25 Mar 2026Off-planStudio495 sqftAED 1,142,9602,309
9 Mar 2026Off-planStudio508 sqftAED 1,073,0002,113
24 Feb 2026Off-plan1 bedroom945 sqftAED 2,958,0003,131
18 Feb 2026Off-planStudio491 sqftAED 1,096,0002,230
13 Feb 2026Off-planStudio464 sqftAED 1,250,0002,691

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
2,139
Across 7 registered sales to 2 Oct 2026
Registered sales, all time
540
22 Aug 2022 to 5 Aug 2026
The latest 25 of 540 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
5 Aug 2026Flat1 B/R7781,595,0002,049
4 Aug 2026FlatStudio4821,008,0002,094
22 Jul 2026FlatStudio4951,350,9002,728
1 Jul 2026FlatStudio215460,0002,139
25 Jun 2026Flat1 B/R9752,791,8002,862
23 Apr 2026Flat1 B/R9332,976,0003,191
22 Apr 2026Flat1 B/R9751,948,0001,997
25 Mar 2026FlatStudio4951,142,9602,309
9 Mar 2026FlatStudio5081,073,0002,113
24 Feb 2026Flat1 B/R9452,958,0003,131
18 Feb 2026FlatStudio4921,096,0002,230
13 Feb 2026FlatStudio4651,250,0002,691
4 Feb 2026FlatStudio4871,050,0002,155
3 Feb 2026FlatStudio6341,089,0001,718
26 Jan 2026Flat1 B/R7791,817,9202,334
20 Jan 2026Flat1 B/R8792,750,0003,130
14 Jan 2026FlatStudio430954,0002,218
7 Jan 2026FlatStudio4951,250,0002,525
12 Dec 2025FlatStudio5711,048,0001,835
8 Dec 2025FlatStudio4631,000,0002,160
21 Nov 2025FlatStudio469939,0002,003
20 Nov 2025FlatStudio4921,050,0002,136
20 Oct 2025Flat2 B/R1,5724,359,0002,773
3 Sep 2025Flat2 B/R1,7542,835,7491,617
2 Sep 2025FlatStudio499999,0002,004

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Next step

ASK US ABOUT CHIC TOWER

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    467 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Under construction” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    540 registered sales

    Prices already paid, registered between 22 Aug 2022 and 5 Aug 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

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