2-bed · 1,528 sqftChic Tower by de GRISOGONO, Business Bay · completed 2025

506, Chic Tower by de GRISOGONO

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

Unit 506 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 2.81M8 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Chic Tower by de GRISOGONO

What is 506 worth today?

Last sold for AED 2,813,000 in 2023

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8 Feb 2023Sold by developerOff-plan
AED 2,813,000AED 1,840 per sqft

Source: Dubai Land Department. Updated 8 February 2023.

Key facts

Type
2-bed apartment
Size
1,528 sqft
Parking
1
Developer
Pax Investment
Completed
2025
Last sold
AED 2.81M · February 2023

About 506, Chic Tower by de GRISOGONO

506 is a two-bedroom apartment of 1,528 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 8 February 2023 for AED 2,813,000, or AED 1,840 per sqft, 7% below the AED 1,971 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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, February 2023: AED 2,813,000 (AED 1,840 per sqft)

506 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 506 sits

All 74 2-beds →

506 last sold in February 2023 at AED 1,840 per sqft, 7% below what two-beds in Chic Tower by de GRISOGONO were fetching at the time (AED 1,971). 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 →

506, Chic Tower by de GRISOGONO in numbers

  • Sold once: by Pax Investment on 8 February 2023 for AED 2,813,000, or AED 1,840 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 8 February 2023.

Questions about 506, Chic Tower by de GRISOGONO

What did unit 506 last sell for?

AED 2,813,000 on 8 February 2023, sold by the developer: AED 1,840 per sqft for 1,528 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,528 sqft (142.0 sqm): a two-bedroom apartment of a 34-storey tower completed in 2025.

What is unit 506 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 506, Chic Tower by de GRISOGONO

Starts from the last sale price (AED 2.81M, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,813,000
Deposit, UAE resident (20%)
AED 562,600
Deposit, non-resident (40%)
AED 1,125,200
Monthly over 25 years at 3.7%
AED 11,509

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