Business Bay
Chic Tower
PAX INVESTMENT L.L.C · Selling since 2022 · recent sales mostly off-plan
Street View imagery near Chic Tower, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 2,071/sqft
3yr CAGR
-3.3%
5yr projection (1,000 sqft)
AED 2,736,310
AED 1,628,209 to AED 4,112,426, from 3.8 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Chic Tower — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Chic Tower over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Chic Tower itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 1.05M | AED 70,000/yrsame size in Business Bay | 6.7% | 15 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 18/sqft across 39 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 8,453 | AED 61,547 | 6.7% | 5.9% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Due diligence
Price vs. Business Bay median
-2.3%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
874 m
Business Bay
Nearest school
1.1 km
Al Manar Quran Study Centre
Nearest hospital
199 m
Nexx Home Healthcare Services
Nearest supermarket
315 m
Deli Plus Mini Mart
Metro stations
- Business Bay874 m