DAMAC Properties · Business Bay · Construction Update
CHIC Tower Construction Update - April 2026
April 2026 Inspection Records CHIC Tower at 73.77% Construction Progress in Business Bay
With its superstructure complete, CHIC Tower now concentrates site activity on internal works, the envelope and MEP systems, recorded at 73.77 percent in the April 2026 inspection.
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Verified DLD Inspection Data
CHIC Tower Construction Snapshot
73.77% on 8 April 2026 places CHIC Tower inside the finishing band, where each remaining reading bears directly on late-stage installments, snagging preparation and the Q4 2026 handover.
CHIC Tower by DAMAC
2460
Active
73.77%
8 April 2026
15 March 2023
467 residential units
36,481.29 sq m
Q4 2026
Data source: RERA inspection conducted on 8 April 2026, tracked against DLD inspection records for project 2460; the previous inspection dot on the bar is the register's undated prior reading. Construction tracking against RERA inspection data runs across the full tohidfetrat.com project portfolio and is reviewed after every published cycle. Last updated: September 2026.
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This Inspection Cycle
CHIC Tower Construction Progress Summary
The Independent Progress Monitoring Report behind the 8 April 2026 reading closes out the heavy structural phase: enabling works, foundation, substructure and superstructure are listed as complete, while internal works, the envelope and MEP run at an advanced stage and finishes and external works progress unevenly. Because the prior reading in the DLD app is undated, this page records the 73.77% level without a pace figure.
- Enabling works and foundation on plot 378
- Substructure, including the basement level
- Concrete superstructure through the podium, 35 floors and roof
- Internal works across the 467 residences, at an advanced stage
- Building envelope on the canal facing tower, at an advanced stage
- MEP systems: mechanical, electrical and plumbing installations
- Finishes and external works, progressing at different stages
- Further RERA inspection cycles toward 100%
- Completion certificate procedures for the tower
- Handover, expected in Q4 2026
Payment Linked Progress
What 73.77% Progress Means for CHIC Tower Buyers
CHIC Tower's 2022 launch schedule links part of each payment plan to recorded construction percentages, so a reading of 73.77% is more than a status line: it shows which milestones the tower has passed and which still lie ahead. At this stage, four actions matter most.
Confirm the escrow account
Every payment still due before handover belongs only in the DLD regulated escrow account for project 2460, held with Mashreq Bank PSC. CHIC Tower escrow account verification comes before any transfer, and the check takes about two minutes against the official DLD project record.
Map your SPA against the 70% and 80% milestones
The launch schedule of record ties 1% installments to 70%, 80%, 90% and 95% completion, with 20% on completion; the 8 April 2026 reading sits past 70% and short of 80%. Check how your own SPA words these milestones and the handover notice period ahead of Q4 2026. Not sure how your installments map to this reading? Send me your SPA schedule and I will map it against the recorded milestones.
Line up your snagging inspector
Past 70% and inside nine months of the Q4 2026 handover, CHIC Tower has entered the period when buyers secure an independent inspector. CHIC Tower snagging inspection guide sets out what to check before you accept the keys.
Follow each dated reading
Every new inspection moves the tower closer to the 90% and 95% milestones and then completion. CHIC Tower construction updates hub lists each dated reading in order.
General framework, not legal advice: milestone definitions, notice periods, and fee obligations are set by your individual SPA and the DLD record, and both should be read directly.
Buying at 73.77%?
Entering CHIC Tower after the structural phase trades payment-plan runway for visibility: the frame is recorded as complete, the handover window is months rather than years away, and the choice narrows to the residences still listed. Every payment goes to the DLD-registered escrow account for project 2460, released against RERA-inspected construction progress.
- Superstructure recorded complete in the 8 April 2026 report
- Handover expected in Q4 2026, about six to nine months after this reading
- Terms for a purchase today set by DAMAC at booking; the launch plan put 20% on completion
- Construction risk carried from excavation through to handover
- A delivery horizon of two to four years is the usual wait
- Longer installment runway, priced at launch levels
10 units listed available on the project page as of this update; availability shifts between cycles.
About the Development
CHIC Tower Project Details
With its concrete frame recorded as complete in April 2026, CHIC Tower is a finishing stage canal front tower of 467 residences: studio, 1 and 2 bedroom apartments with de GRISOGONO branded interiors, plus 4 bedroom super luxury homes on the upper levels. Starting prices: AED 1.15M ≈ USD 313K.
For buyers entering at this stage, a short wait replaces a long installment runway: handover is expected in Q4 2026, and the super luxury tier starts at AED 27.59M ≈ USD 7.51M.
CHIC Tower by DAMAC Project GuideSite Context This Cycle
Explore CHIC Tower Location on Dubai Map
CHIC Tower occupies plot 378 on the Dubai Canal edge of Business Bay, toward the Sheikh Zayed Road end of the waterway, with typical floors split between canal view and Burj Khalifa view orientations. That exposed canal elevation, with its stepped terraces and podium decks, is why envelope and external works weigh so heavily in the April 2026 cycle.
Business Bay already runs on finished roads, a canal promenade and two nearby metro stations, Business Bay and Burj Khalifa / The Dubai Mall (see the Dubai Metro guide), so CHIC Tower is finishing into a working district, which matters for buyers comparing a Q4 2026 move-in or first tenancy with launches that are years from occupancy. See the project’s position on the interactive Dubai real estate map.
Buyer Resources for This Project
Investing in CHIC Tower During the Finishing Stage
Late in construction, residency eligibility, payment protection and the handover inspection all turn on the latest reading. Each resource below starts from where the 8 April 2026 record leaves CHIC Tower.
CHIC Tower Construction Updates
This page: CHIC Tower's 8 April 2026 DLD inspection record, read against the Q4 2026 handover.
CHIC Tower Golden Visa: The Line in a Canal-Front Tower
DAMAC's CHIC Tower on the Dubai Water Canal qualifies at the 2 bedroom and 4 bedroom super luxury apartments.
Read CHIC Tower Golden Visa Guide
CHIC Tower Escrow: DAMAC's Business Bay Account at Mashreq
CHIC Tower by DAMAC escrows 467 units at Mashreq as DLD project 2460, its build 84.01% certified in August 2026.
Verify CHIC Tower Escrow Account
CHIC Tower Snagging on the Dubai Water Canal
CHIC Tower is DAMAC's de GRISOGONO branded tower in Business Bay, 467 residences from studios to 4 bedroom super luxury apartments.
Book CHIC Tower SnaggingUpdate Timeline
Other CHIC Tower Construction Updates
CHIC Tower's monthly record on this site opens with this April 2026 reading; the August 2026 update follows it, and the hub gathers every dated inspection in one timeline.
All CHIC Tower Construction UpdatesWhere This Update Fits
Explore CHIC Tower Structure
This April report sits inside a wider record: the Business Bay listings competing with CHIC Tower, the canal district around its plot, and the developer delivering it.
Business Bay Properties for Sale
Browse canal-front apartments, penthouses and branded residences for sale across Business Bay.
See Business Bay Properties for Sale
Business Bay Community Overview
Read the Business Bay guide: canal-front towers, offices and residences minutes from Downtown, with prices and rental demand covered.
Explore the Business Bay Community
DAMAC Properties: Lagoon Communities, Golf Villas and Branded Collaborations
Founded in 2002, DAMAC has delivered 48,000 homes and is known for large-scale master communities, luxury residential projects and branded collaborations.
View the DAMAC Developer ProfileFAQs
CHIC Tower Construction Progress in April 2026: Frequently Asked Questions
The RERA inspection dated 8 April 2026 records CHIC Tower, DLD project 2460, at 73.77% construction progress, with the project listed as Active in the DLD app. The previous inspection figure shown beside it in the app carries no date, so no monthly pace can be calculated from it for this reading.
Yes, both dates can move. At the 8 April 2026 inspection the DLD app still listed a registered completion date of 30 July 2025, a date that had already passed, while the expected handover for CHIC Tower is Q4 2026. Any revised register date or handover schedule would show in a later dated reading, and each buyer's SPA governs what timing terms apply to that buyer. How inspection cycles and register dates work is covered on the CHIC Tower construction updates hub.
The Independent Progress Monitoring Report dated 8 April 2026 lists enabling works, foundation, substructure and superstructure as complete. Internal works, the building envelope and MEP systems were at an advanced stage, and finishes and external works were progressing at different stages across the Basement, Ground, 5 podium levels, 35 floors and roof of the tower.
On the 2022 launch schedule of record, four 1% installments are linked to 70%, 80%, 90% and 95% completion and a final 20% falls due on completion. The 8 April 2026 DLD reading of 73.77% sits past the 70% milestone and short of 80%. Whether any individual installment falls due depends on the wording of that buyer's SPA and the developer's own notices, since the launch plan ran from each buyer's sale date.
The report shows the RERA progress status as Main Contract - Progressing, meaning the main construction contract was active with works advancing on site. The report is marked as independently inspected and progress audited for RERA, and the DLD app files nine inspection photographs with the 8 April 2026 reading as part of the official record.
Planning can start at this reading. At 73.77% on 8 April 2026, with handover expected in Q4 2026, CHIC Tower had passed the roughly 70% point at which buyers usually line up an independent inspector. The inspection itself takes place when the residence is offered for handover, so early planning mainly secures a date and a checklist suited to the unit type.
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Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is helping you read the April 2026 inspection record for CHIC Tower correctly before your next payment decision. Client identities and transactions are never published or referenced. Message me directly: you will always reach me personally, never a call center or sales team.
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