Studio · 454 sqftChic Tower by de GRISOGONO, Business Bay · completed 2025

1407, 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 1407 · DLD and Ejari recordsUpdated 25 January 2023
Last soldAED 954K25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Chic Tower by de GRISOGONO

What is 1407 worth today?

Last sold for AED 954,480 in 2023

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25 Jan 2023Sold by developerOff-plan
AED 954,480AED 2,100 per sqft

Source: Dubai Land Department. Updated 25 January 2023.

Key facts

Type
Studio apartment
Size
454 sqft
Parking
1
Developer
Pax Investment
Completed
2025
Last sold
AED 954K · January 2023

About 1407, Chic Tower by de GRISOGONO

1407 is a studio of 454 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 25 January 2023 for AED 954,480, or AED 2,100 per sqft, 5% below the AED 2,216 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical studio in Chic Tower by de GRISOGONO
1M1.1M202220242026Typical sale price by year: 2022 AED 1,068,500; 2023 AED 1,026,500; 2024 AED 1,001,000; 2025 AED 1,000,000; 2026 AED 1,089,000Sold by developer, January 2023: AED 954,480 (AED 2,100 per sqft)

1407 has sold once; the dashed line is the studio median of each year in the building.

Studios in Chic Tower by de GRISOGONO, and where 1407 sits

All 197 studios →

1407 last sold in January 2023 at AED 2,100 per sqft, 5% below what studios in Chic Tower by de GRISOGONO were fetching at the time (AED 2,216). Over the last 12 months studios sold for AED 939,000 to 1,350,900, around AED 2,154 per sqft.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 20261,008,000
3 Aug 20261,008,000
22 Jul 20261,350,900
25 Mar 20261,142,960
15 studio sales 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 →

1407, Chic Tower by de GRISOGONO in numbers

  • Sold once: by Pax Investment on 25 January 2023 for AED 954,480, or AED 2,100 per sqft.
  • Studios in Chic Tower by de GRISOGONO sold for AED 939,000–1,350,900 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 25 January 2023.

Questions about 1407, Chic Tower by de GRISOGONO

What did unit 1407 last sell for?

AED 954,480 on 25 January 2023, sold by the developer: AED 2,100 per sqft for 454 sqft. It is the only registered sale of the unit.

How big is unit 1407?

454 sqft (42.2 sqm): a studio of a 34-storey tower completed in 2025.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Chic Tower by de GRISOGONO sold for AED 939,000 to 1,350,900 in the last 12 months, around AED 2,154 per sqft.

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Mortgage on 1407, Chic Tower by de GRISOGONO

Starts from the last sale price (AED 954K, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 954,480
Deposit, UAE resident (20%)
AED 190,896
Deposit, non-resident (40%)
AED 381,792
Monthly over 25 years at 3.7%
AED 3,905

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