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

1206, Chic Tower by de GRISOGONO

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

Unit 1206 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 2.88M1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Chic Tower by de GRISOGONO

What is 1206 worth today?

Last sold for AED 2,878,000 in 2023

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1 Mar 2023Sold by developerOff-plan
AED 2,878,000AED 1,944 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

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

About 1206, Chic Tower by de GRISOGONO

1206 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 1 March 2023 for AED 2,878,000, or AED 1,944 per sqft, in line with the AED 1,969 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Chic Tower by de GRISOGONO
3M3.5M20222023202420252026Typical sale price by year: 2022 AED 3,238,000; 2023 AED 3,035,190; 2024 AED 3,117,193; 2025 AED 3,585,880Sold by developer, March 2023: AED 2,878,000 (AED 1,944 per sqft)

1206 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 1206 sits

All 74 2-beds →

1206 last sold in March 2023 at AED 1,944 per sqft, in line with what two-beds in Chic Tower by de GRISOGONO were fetching at the time (AED 1,969). Over the last 12 months two-beds sold for AED 2,924,000, around AED 1,857 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Oct 20262,924,000
17 Oct 20254,359,000
3 Sep 20252,835,750
26 Aug 20252,960,000
1 2-bed sale in the last 12 months

Chic Tower by de GRISOGONO

Building

50 apartments, studios to 2-bed over 34 floors in Business Bay, completed in 2025 by Pax Investment . 23 sold in the last 12 months.

Typical price per sqft
AED 2,154 Down 0.1%
Typical sale
AED 1.14M
Typical rent
Few contracts
Typical yield
Chic Tower by de GRISOGONO, Business Bay: prices, sales and rents →

1206, Chic Tower by de GRISOGONO in numbers

  • Sold once: by Pax Investment on 1 March 2023 for AED 2,878,000, or AED 1,944 per sqft.
  • Two-beds in Chic Tower by de GRISOGONO sold for AED 2,924,000–2,924,000 in the 12 months to November 2026; the building's median across all types is AED 2,154 per sqft.

Source: Dubai Land Department. Updated 1 March 2023.

Questions about 1206, Chic Tower by de GRISOGONO

What did unit 1206 last sell for?

AED 2,878,000 on 1 March 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 1206?

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

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Chic Tower by de GRISOGONO sold for AED 2,924,000 to 2,924,000 in the last 12 months, around AED 1,857 per sqft.

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Mortgage on 1206, Chic Tower by de GRISOGONO

Starts from the last sale price (AED 2.88M, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,878,000
Deposit, UAE resident (20%)
AED 575,600
Deposit, non-resident (40%)
AED 1,151,200
Monthly over 25 years at 3.7%
AED 11,775

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →