1-bed · 834 sqftChic Tower by de GRISOGONO, Business Bay · completed 2025

1609, 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 1609 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 1.71M10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Chic Tower by de GRISOGONO

What is 1609 worth today?

Last sold for AED 1,705,200 in 2023

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10 Jan 2023Sold by developerOff-plan
AED 1,705,200AED 2,044 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
1-bed apartment
Size
834 sqft
Parking
1
Developer
Pax Investment
Completed
2025
Last sold
AED 1.71M · January 2023

About 1609, Chic Tower by de GRISOGONO

1609 is a one-bedroom apartment of 834 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 1,705,200, or AED 2,044 per sqft, 5% below the AED 2,159 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Chic Tower by de GRISOGONO
1.8M20222023202420252026Typical sale price by year: 2022 AED 1,882,000; 2023 AED 1,751,820; 2024 AED 1,783,853; 2025 AED 1,948,000Sold by developer, January 2023: AED 1,705,200 (AED 2,044 per sqft)

1609 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Chic Tower by de GRISOGONO, and where 1609 sits

All 108 1-beds →

1609 last sold in January 2023 at AED 2,044 per sqft, 5% below what one-beds in Chic Tower by de GRISOGONO were fetching at the time (AED 2,159). Over the last 12 months one-beds sold for AED 1,817,920, around AED 2,334 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,817,920
31 Jul 20252,413,160
9 Jul 20251,675,000
29 May 20252,025,000
1 1-bed sale 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 →

1609, Chic Tower by de GRISOGONO in numbers

  • Sold once: by Pax Investment on 10 January 2023 for AED 1,705,200, or AED 2,044 per sqft.
  • One-beds in Chic Tower by de GRISOGONO sold for AED 1,817,920–1,817,920 in the 12 months to November 2026; the building's median across all types is AED 2,188 per sqft.

Source: Dubai Land Department. Updated 10 January 2023.

Questions about 1609, Chic Tower by de GRISOGONO

What did unit 1609 last sell for?

AED 1,705,200 on 10 January 2023, sold by the developer: AED 2,044 per sqft for 834 sqft. It is the only registered sale of the unit.

How big is unit 1609?

834 sqft (77.5 sqm): a one-bedroom apartment of a 34-storey tower completed in 2025.

What is unit 1609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Chic Tower by de GRISOGONO sold for AED 1,817,920 to 1,817,920 in the last 12 months, around AED 2,334 per sqft.

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Mortgage on 1609, Chic Tower by de GRISOGONO

Starts from the last sale price (AED 1.71M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,705,200
Deposit, UAE resident (20%)
AED 341,040
Deposit, non-resident (40%)
AED 682,080
Monthly over 25 years at 3.7%
AED 6,977

Plus AED 76,628 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →