Studio · 479 sqftChic Tower by de GRISOGONO, Business Bay · completed 2025

508, 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 508 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 994K10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Chic Tower by de GRISOGONO

What is 508 worth today?

Last sold for AED 994,000 in 2023

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10 Jan 2023Sold by developerOff-plan
AED 994,000AED 2,076 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
Studio apartment
Size
479 sqft
Parking
1
Developer
Pax Investment
Completed
2025
Last sold
AED 994K · January 2023

About 508, Chic Tower by de GRISOGONO

508 is a studio of 479 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 994,000, or AED 2,076 per sqft, 8% below the AED 2,251 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Chic Tower by de GRISOGONO
1M1.05M1.1M202220242026Typical 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 994,000 (AED 2,076 per sqft)

508 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 508 sits

All 197 studios →

508 last sold in January 2023 at AED 2,076 per sqft, 8% below what studios in Chic Tower by de GRISOGONO were fetching at the time (AED 2,251). 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 →

508, Chic Tower by de GRISOGONO in numbers

  • Sold once: by Pax Investment on 10 January 2023 for AED 994,000, or AED 2,076 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 10 January 2023.

Questions about 508, Chic Tower by de GRISOGONO

What did unit 508 last sell for?

AED 994,000 on 10 January 2023, sold by the developer: AED 2,076 per sqft for 479 sqft. It is the only registered sale of the unit.

How big is unit 508?

479 sqft (44.5 sqm): a studio of a 34-storey tower completed in 2025.

What is unit 508 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 508, Chic Tower by de GRISOGONO

Starts from the last sale price (AED 994K, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 994,000
Deposit, UAE resident (20%)
AED 198,800
Deposit, non-resident (40%)
AED 397,600
Monthly over 25 years at 3.7%
AED 4,067

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