Studio · 592 sqftChic Tower by de GRISOGONO, Business Bay · completed 2025

515, Chic Tower by de GRISOGONO

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 1.27M22 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Chic Tower by de GRISOGONO

What is 515 worth today?

Last sold for AED 1,265,000 in 2024

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22 May 2024SoldOff-plan
AED 1,265,000AED 2,137 per sqft
29 Dec 2022Sold by developerOff-plan
AED 1,094,000AED 1,848 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
Studio apartment
Size
592 sqft
Parking
1
Developer
Pax Investment
Completed
2025
Last sold
AED 1.27M · May 2024

About 515, Chic Tower by de GRISOGONO

515 is a studio of 592 sqft of Chic Tower by de GRISOGONO, a 34-storey tower in Business Bay completed in 2025 by Pax Investment . It last sold on 22 May 2024 for AED 1,265,000, or AED 2,137 per sqft, 5% below the AED 2,244 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical studio in Chic Tower by de GRISOGONO
1M1.2M202220242026Typical 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, December 2022: AED 1,094,000 (AED 1,848 per sqft)Sold, May 2024: AED 1,265,000 (AED 2,137 per sqft)

515 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Chic Tower by de GRISOGONO, and where 515 sits

All 197 studios →

515 last sold in May 2024 at AED 2,137 per sqft, 5% below what studios in Chic Tower by de GRISOGONO were fetching at the time (AED 2,244). 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 →

515, Chic Tower by de GRISOGONO in numbers

  • Sold twice: first on 29 December 2022 for AED 1,094,000, last on 22 May 2024 for AED 1,265,000 (AED 2,137 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 22 May 2024.

Questions about 515, Chic Tower by de GRISOGONO

What did unit 515 last sell for?

AED 1,265,000 on 22 May 2024: AED 2,137 per sqft for 592 sqft. The unit has 2 registered sales; the first was AED 1,094,000 in December 2022.

How big is unit 515?

592 sqft (55.0 sqm): a studio of a 34-storey tower completed in 2025.

What is unit 515 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 515, Chic Tower by de GRISOGONO

Starts from the last sale price (AED 1.27M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,265,000
Deposit, UAE resident (20%)
AED 253,000
Deposit, non-resident (40%)
AED 506,000
Monthly over 25 years at 3.7%
AED 5,176

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