Chic Tower vs Velor Penthouses
A neutral, data-only comparison of Chic Tower in Business Bay and Velor Penthouses in Business Bay, built from published developer figures. No project is recommended over the other; the table simply puts the numbers side by side.
| Detail | Chic Tower | Velor Penthouses |
|---|---|---|
| Developer | DAMAC | Ginco Properties |
| Location | Business Bay, Dubai | Business Bay, Dubai |
| Starting price | AED 4,705,000 – AED 27,593,000 | AED 8,250,000 – AED 19,215,000 |
| Price per sqft | AED 2,700 – 3,318 | AED 2,750 – 2,983 |
| Unit types | Apartments, Duplex | Penthouse |
| Unit sizes | 1,743 sqft – 8,316 sqft | 3,000 sqft – 6,018 sqft |
| Handover | Q4 2026 | Q2 2028 |
| Down payment | — | — |
| Post-handover plan | No | No |
| Amenities listed | 7 | 11 |
| Status | Under Construction | Under Construction |
Chic Tower vs Velor Penthouses — Frequently Asked Questions
- Which is cheaper, Chic Tower or Velor Penthouses?
- Chic Tower has the lower published entry price at AED 4,705,000, versus AED 8,250,000 at the other project. Entry price alone can be misleading: compare price per sqft, which is AED 2,700 – 3,318 at Chic Tower and AED 2,750 – 2,983 at Velor Penthouses.
- Which hands over first, Chic Tower or Velor Penthouses?
- Chic Tower is scheduled for handover in Q4 2026, ahead of the other project.
- Do Chic Tower and Velor Penthouses offer post-handover payment plans?
- Chic Tower: no post-handover instalments published. Velor Penthouses: no post-handover instalments published.