2-bed · 1,480 sqftChic Tower by de GRISOGONO, Business Bay · completed 2025

1606, Chic Tower by de GRISOGONO

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 2.88M10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Chic Tower by de GRISOGONO

What is 1606 worth today?

Last sold for AED 2,878,260 in 2023

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10 Jan 2023Sold by developerOff-plan
AED 2,878,260AED 1,944 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2023.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Parking
1
Developer
Pax Investment
Completed
2025
Last sold
AED 2.88M · January 2023

About 1606, Chic Tower by de GRISOGONO

1606 is a two-bedroom apartment of 1,480 sqft of Chic Tower by de GRISOGONO, a 34-storey tower in Business Bay completed in 2025 by Pax Investment. The developer sold it on 10 January 2023 for AED 2,878,260, or AED 1,944 per sqft, 5% below the AED 2,042 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical two-bed in Chic Tower by de GRISOGONO
3M3.2M2022202320242025Typical sale price by year: 2022 AED 3,238,000; 2023 AED 3,035,190; 2024 AED 3,117,193Sold by developer, January 2023: AED 2,878,260 (AED 1,944 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Chic Tower by de GRISOGONO, and where 1606 sits

All 69 2-beds →

1606 last sold in January 2023 at AED 1,944 per sqft, 5% below what two-beds in Chic Tower by de GRISOGONO were fetching at the time (AED 2,042).

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20254,211,760
7 Mar 20254,506,000
10 Dec 20243,187,000
26 Jun 20241,709,160
0 2-bed sales in the last 12 months

Chic Tower by de GRISOGONO

Building

30 apartments, studios to 2-bed over 34 floors in Business Bay, completed in 2025 by Pax Investment. 10 sold in the last 12 months.

Typical price per sqft
AED 2,188 Up 1.7%
Typical sale
AED 1.07M
Typical rent
Few contracts
Typical yield
Chic Tower by de GRISOGONO, Business Bay: prices, sales and rents →

1606, Chic Tower by de GRISOGONO in numbers

  • Sold once: by Pax Investment on 10 January 2023 for AED 2,878,260, or AED 1,944 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2023.

Questions about 1606, Chic Tower by de GRISOGONO

What did unit 1606 last sell for?

AED 2,878,260 on 10 January 2023, sold by the developer: AED 1,944 per sqft for 1,480 sqft. It is the only registered sale of the unit.

How big is unit 1606?

1,480 sqft (137.5 sqm): a two-bedroom apartment of a 34-storey tower completed in 2025.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1606, Chic Tower by de GRISOGONO

Starts from the last sale price (AED 2.88M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,878,260
Deposit, UAE resident (20%)
AED 575,652
Deposit, non-resident (40%)
AED 1,151,304
Monthly over 25 years at 3.7%
AED 11,776

Plus AED 125,897 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →