Unit 1505, Chic Tower: what it sold for and what it is worth now

Unit 1505 at Chic Tower is a 2 bed of 1,572 sq ft. It last sold for AED 2,965,000 on 8 Nov 2023. At AED 2,260 per sq ft, from 7 sales of units ending 05 (same position in the tower), it is worth about AED 3,553,000 today.

Value todayAED 3,553,000AED 3,286,000 to AED 4,625,000
Last saleAED 2,965,0008 Nov 2023 · Off-plan
Change since last sale+19.8%Building trend alone: AED 3,097,556
Bedrooms2 bed
Size1,572 sq ft
Floor15 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingChic Tower by DAMAC Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 1505

DatePriceSizeAED/sq ftType
8 Nov 2023AED 2,965,0001,572 sq ft1,886Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
340522 Apr 2026AED 2,976,000933 sq ft3,190Off-plan
6056 Mar 2026AED 1,073,000508 sq ft2,112Off-plan
210513 Feb 2026AED 1,250,000464 sq ft2,694Off-plan
160510 Jun 2025AED 1,060,000469 sq ft2,260Off-plan
20527 May 2025AED 900,000509 sq ft1,768Off-plan
33057 Mar 2025AED 1,482,120464 sq ft3,194Off-plan
20518 Dec 2024AED 1,053,000509 sq ft2,069Off-plan
50524 May 2024AED 1,000,000464 sq ft2,155Off-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 7 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,260). We multiplied it by the size of this unit (1,572 sq ft). The range uses the middle half of those sales (AED 2,090 to AED 2,942 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,097,556. 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 1505 at Chic Tower worth?

About AED 3,553,000 (range AED 3,286,000 to AED 4,625,000), based on AED 2,260 per sq ft from registered sales up to 10 Oct 2026.

When did unit 1505 last sell?

8 Nov 2023, for AED 2,965,000 (off-plan). It has 1 registered sale.

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