DAMAC Properties · Business Bay
CHIC Tower Construction Updates
The Dated Build Record of Business Bay's de GRISOGONO Canal Tower
CHIC Tower recorded 84.01% at its 17 August 2026 RERA inspection, with external works and remaining finishes across 35 floors to close before the Q4 2026 handover.
Construction tracking against RERA inspection data, updated after every recorded inspection.
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Construction Snapshot
CHIC Tower at a Glance
CHIC Tower is DAMAC Properties' 467-residence Business Bay tower facing the Dubai Water Canal, registered with the Dubai Land Department as project 2460 on 07 October 2022 and under construction since 15 March 2023. Forty-one months after that start, the inspection of 17 August 2026 recorded 84.01%. What sets this record apart is the shape of the building itself: one tower of Basement, Ground, five podium levels and 35 floors under a roof, with DAMAC's plans placing a 180 m lazy river and a 50 m pool on the podium, so the finishing phase here covers an amenity deck as much as the apartments above it.
2460
Active
15 March 2023
467 residential units
36,481.29 sq m
30 July 2025 (lapsed)
Figures from Dubai Land Department registration records, updated after each recorded inspection. How every project on this site is tracked is explained once on the Dubai Construction Updates hub.
Inspection Record
CHIC Tower Construction Update Timeline
Two dated inspections carry the CHIC Tower record so far: 73.77% on 08 April 2026 and 84.01% on 17 August 2026, a climb of 10.24 points in 131 days. Beside the April reading the DLD app also shows 59.03% as the previous inspection, with no date attached, so it sits on the track below as an undated marker and not as a table row. Each row links the full monthly update for that reading.
| Inspection Month | Construction Progress | Inspection Date | Full Update |
|---|---|---|---|
| August 2026 | 84.01% | 17 August 2026 | View the August 2026 update |
| April 2026 | 73.77% | 08 April 2026 | View the April 2026 update |
Reading the dates: the DLD-registered completion date for project 2460 is 30 July 2025, more than a year earlier than the 17 August 2026 inspection that recorded 84.01%. The register records behind both the April and the August 2026 readings still carry that date, while handover is expected in Q4 2026, which starts on 1 October 2026. DAMAC confirms the actual handover date to buyers as the closing works conclude.
Pace Analysis
How Fast CHIC Tower Has Been Built
The CHIC Tower register holds two dated readings, so its pace can be measured across one interval only, and that interval falls squarely inside the finishing phase:
- Apr 2026 to Aug 2026: envelope, MEP and finishes, 73.77% to 84.01%About 2.35 points per month
That figure measures the past and forecasts nothing: 10.24 points recorded across the 131 days between 08 April and 17 August 2026, or 2.35 points per 30-day month. One dated interval gives no curve to read for acceleration or taper yet; what the two Independent Progress Monitoring Reports do show is where those points went. In April, internal works, the envelope and MEP were at an advanced stage while finishes were still spread across different stages; by August, finishes had joined them at an advanced stage and the structure was listed as substantially completed. For an end user, the August reading reflects apartments moving through fit-out rather than floors still rising. For an investor, the number that carries weight is the dated one, 84.01% on 17 August 2026, set against a handover quarter starting 1 October 2026; only the next dated reading will show whether this pace holds, quickens or tapers.
Get the Next Inspection Figure First
Tell me you are tracking CHIC Tower and I will send you the next recorded figure and site photos directly, ahead of the page update.
Get the Next Update on WhatsAppProject Profile
About CHIC Tower at Business Bay
An 84.01% reading on 17 August 2026 only means something next to what is being delivered. The CHIC Tower project guide covers the homes this record is tracking toward:
CHIC Tower: de GRISOGONO Interiors on the Dubai Water Canal
CHIC Tower is a DAMAC tower in Business Bay of 467 residences, built around a wellness concept with a lazy river.
View the CHIC Tower Project GuideConsidering a Near-Handover Entry?
Availability at CHIC Tower keeps shifting as the tower moves toward its Q4 2026 handover. If this construction record is what brought you here, ask me what is still available before the remaining inventory narrows further.
Ask About Remaining Availability on WhatsAppStage Record
CHIC Tower Build Stages, Mapped to the Inspections
Each stage below is tied to the register dates and inspection reports that actually document it for CHIC Tower, from the October 2022 registration to the 84.01% recorded on 17 August 2026, rather than to a generic construction sequence.
Registration and Site Activation
DLD registered project 2460 on 07 October 2022, and the register gives 15 March 2023 as the construction start on the Business Bay canal plot.
Enabling Works, Foundation and Substructure
No dated reading falls inside this window. By the 08 April 2026 inspection report, enabling works, foundation and substructure were all listed as completed.
Podium and Tower Superstructure
The concrete frame across Ground, five podium levels, 35 floors and roof was listed as completed in the 08 April 2026 report, when the register recorded 73.77%.
Envelope, MEP, Interiors and Finishes
Between 08 April and 17 August 2026 the reading rose from 73.77% to 84.01% as the report moved finishes into the advanced-stage group already holding internal works, the envelope and MEP.
External Works, Commissioning and Handover
External works were still progressing at different stages on 17 August 2026; this stage closes with the Q4 2026 handover of the tower's 467 residences.
What each construction stage involves in general is covered once in the guides on the Dubai Construction Updates hub, so this page stays focused on CHIC Tower's own record.
Buyer Position
Tracking Your Position at CHIC Tower
This page is one of four project resources that together cover a CHIC Tower purchase from payment protection to residency to handover. You are on the construction record; the siblings sit one click away:
CHIC Tower Construction Updates
This page: every dated CHIC Tower inspection, from 73.77% in April to 84.01% in August 2026.
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 the 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 the 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 SnaggingApproaching Handover
Between 84.01% and Handover: What CHIC Tower Buyers Should Do Now
After the 17 August 2026 reading of 84.01%, what stands between CHIC Tower and handover is external works, the last finishes and commissioning, work that shows far less from the canal promenade than a rising frame once did. Handover is expected in Q4 2026, from 1 October 2026 onward, and handover notices usually leave buyers a short window to complete their appointment, so the three steps below belong in the weeks before that notice rather than after it.
First, line up independent snagging so defects in your studio, apartment or super luxury home are recorded before you accept it; the CHIC Tower snagging page explains the timing and what the inspection covers.
Second, set your remaining installments under your own SPA against the 2022 launch schedule of record, where the 84.01% register reading has cleared the 70% and 80% milestones but not yet the 90% milestone, and check the Mashreq Bank PSC account shown on the CHIC Tower escrow account page before paying.
Third, if your purchase may support residency, settle eligibility before handover through the CHIC Tower Golden Visa guide: the 2 bedroom and 4 bedroom super luxury homes reach the threshold while studios and 1 bedroom apartments do not on their own, and title deed timing shapes the application path.
Send me your unit number on WhatsApp and I will tell you what the latest inspection means for your handover and map the sequence for your specific unit.
The Wider Picture
Explore Business Bay Structure
A tower's build record is half the picture; the other half is the canal district rising around it and the developer behind it. These three pages set CHIC Tower's progress in that context:
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 ProfileConstruction tracking for other Dubai projects is indexed on the Dubai Construction Updates hub.
FAQs
CHIC Tower Construction Updates Frequently Asked Questions
CHIC Tower is an active DLD-registered project, number 2460, recorded at 84.01% construction progress at the inspection of 17 August 2026. The report for that date shows a RERA progress status of Main Contract - Progressing, with internal works, envelope, finishes and MEP all listed at an advanced stage while external works continue at different stages. The full record is in the CHIC Tower inspection timeline above.
The inspection of 17 August 2026 recorded 84.01% at CHIC Tower, up 10.24 points from the 73.77% recorded on 8 April 2026. The reading and the report notes behind it are covered in the August 2026 CHIC Tower construction update.
Between the two dated inspections on record, CHIC Tower rose from 73.77% on 8 April 2026 to 84.01% on 17 August 2026, a gain of 10.24 points over 131 days that averages about 2.35 points a month. That is a past measurement across a single interval in the finishing phase, not a projection, and a second interval is needed before the shape of the pace curve can be read. The breakdown is in the CHIC Tower pace analysis above.
Handover of CHIC Tower is expected in Q4 2026, the quarter that begins on 1 October 2026, and the latest inspection on 17 August 2026 recorded 84.01%. The DLD register still lists a completion date of 30 July 2025 for project 2460, a registered date that has already passed. DAMAC confirms the actual handover date as the closing works conclude, and this page's record is updated when the next inspection is recorded.
CHIC Tower includes 467 residences according to its DLD registration record, spread across studios, 1 and 2 bedroom apartments, and the 4 bedroom super luxury apartments of the upper levels. They sit in a single concrete-framed tower that the inspection reports describe as Basement, Ground, five podium levels, 35 floors and a roof.
Construction at CHIC Tower started on 15 March 2023, according to the DLD register, after the project was registered on 7 October 2022. The earliest dated reading on this record is 73.77% at the inspection of 8 April 2026, documented in the April 2026 CHIC Tower construction update.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is keeping the CHIC Tower construction record accurate, inspection by inspection, until handover, walking the site personally each inspection period. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.
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