Unit 1501, Chic Tower: what it sold for and what it is worth now

Unit 1501 at Chic Tower is a 2 bed of 1,314 sq ft. It last sold for AED 2,742,720 on 8 Nov 2023. At AED 2,070 per sq ft, from 6 sales of units ending 01 (same position in the tower), it is worth about AED 2,720,000 today.

Value todayAED 2,720,000AED 2,646,000 to AED 2,851,000
Last saleAED 2,742,7208 Nov 2023 · Off-plan
Change since last sale-0.8%Building trend alone: AED 2,865,338
Bedrooms2 bed
Size1,314 sq ft
Floor15 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingChic Tower by DAMAC Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 1501

DatePriceSizeAED/sq ftType
8 Nov 2023AED 2,742,7201,314 sq ft2,087Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
330125 Jun 2026AED 2,791,800975 sq ft2,863Off-plan
250122 Apr 2026AED 1,948,000975 sq ft1,998Off-plan
8015 Aug 2025AED 1,949,000945 sq ft2,062Off-plan
22015 Aug 2025AED 2,104,000956 sq ft2,201Off-plan
11015 Aug 2025AED 2,025,000975 sq ft2,077Off-plan
29019 Jan 2025AED 1,680,000975 sq ft1,723Off-plan
310122 Sep 2023AED 2,719,000975 sq ft2,789Off-plan
190119 May 2023AED 1,895,000975 sq ft1,944Off-plan

Latest 2 bed sales in Chic Tower

UnitDatePriceSizeAED/sq ftType
100610 Oct 2026AED 2,924,0001,575 sq ft1,857Off-plan
310617 Oct 2025AED 4,359,0001,572 sq ft2,773Off-plan
23143 Sep 2025AED 2,835,7501,754 sq ft1,617Off-plan
70226 Aug 2025AED 2,960,0001,555 sq ft1,904Off-plan
8064 Aug 2025AED 2,423,1731,517 sq ft1,597Off-plan
330228 Jul 2025AED 4,211,7601,555 sq ft2,709Off-plan
33067 Mar 2025AED 4,506,0001,572 sq ft2,866Off-plan
241410 Dec 2024AED 3,187,0001,747 sq ft1,824Off-plan

How we worked out the value

We took the 6 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,070). We multiplied it by the size of this unit (1,314 sq ft). The range uses the middle half of those sales (AED 2,014 to AED 2,170 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,865,338. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1501 at Chic Tower worth?

About AED 2,720,000 (range AED 2,646,000 to AED 2,851,000), based on AED 2,070 per sq ft from registered sales up to 10 Oct 2026.

When did unit 1501 last sell?

8 Nov 2023, for AED 2,742,720 (off-plan). It has 1 registered sale.

Sales alert for Chic TowerAll sales in Chic Tower

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