Unit 515, Chic Tower: what it sold for and what it is worth now

Unit 515 at Chic Tower is a studio of 633 sq ft. It last sold for AED 1,265,000 on 22 May 2024. At AED 2,158 per sq ft, from 14 sales in the building in the last 12 months (studio), it is worth about AED 1,366,000 today.

Value todayAED 1,366,000AED 1,329,000 to AED 1,449,000
Last saleAED 1,265,00022 May 2024 · Off-plan
Change since last sale+8.0%Building trend alone: AED 1,349,081
Bedroomsstudio
Size633 sq ft
Floor5 (from the unit number)
Position in the towerStack 15: units ending 15 share the same layout and view
BuildingChic Tower by DAMAC Properties, handed over 2026
Registered sales of this unit2

Every registered sale of unit 515

DatePriceSizeAED/sq ftType
22 May 2024AED 1,265,000633 sq ft1,998Off-plan
29 Dec 2022AED 1,094,000633 sq ft1,728Off-plan

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4153 Feb 2026AED 1,089,000634 sq ft1,718Off-plan
61512 Dec 2025AED 1,048,000571 sq ft1,835Off-plan
81526 Jun 2024AED 1,210,000634 sq ft1,909Off-plan
2158 Feb 2023AED 1,001,000571 sq ft1,753Off-plan
11151 Feb 2023AED 1,120,350633 sq ft1,770Off-plan
8151 Feb 2023AED 1,077,670634 sq ft1,700Off-plan
91530 Jan 2023AED 1,082,520633 sq ft1,710Off-plan
141525 Jan 2023AED 1,082,520571 sq ft1,896Off-plan

Latest studio sales in Chic Tower

UnitDatePriceSizeAED/sq ftType
12113 Aug 2026AED 1,008,000481 sq ft2,096Off-plan
181022 Jul 2026AED 1,350,900495 sq ft2,729Off-plan
270825 Mar 2026AED 1,142,960495 sq ft2,309Off-plan
6056 Mar 2026AED 1,073,000508 sq ft2,112Off-plan
280817 Feb 2026AED 1,096,000491 sq ft2,232Off-plan
210513 Feb 2026AED 1,250,000464 sq ft2,694Off-plan
4074 Feb 2026AED 1,050,000487 sq ft2,156Off-plan
4153 Feb 2026AED 1,089,000634 sq ft1,718Off-plan

How we worked out the value

We took the 14 sales in Chic Tower in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,158). We multiplied it by the size of this unit (633 sq ft). The range uses the middle half of those sales (AED 2,100 to AED 2,290 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,349,081. 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 515 at Chic Tower worth?

About AED 1,366,000 (range AED 1,329,000 to AED 1,449,000), based on AED 2,158 per sq ft from registered sales up to 10 Oct 2026.

When did unit 515 last sell?

22 May 2024, for AED 1,265,000 (off-plan). It has 2 registered sales.

Sales alert for Chic TowerAll sales in Chic Tower

Unit 514 · Unit 601