Chic Tower construction progress
Chic Tower in Business Bay is 84% built at the Land Department inspection of August 2026. Developer Pax Investment. Completion registered for July 2025.
84%
Built, at the Land Department site inspection of 17 August 2026
14 months past its registered completion date
- Completion date (Land Department)
- July 2025
- Finish at recent pace
- January 2027
- Construction started
- March 2023
- Registered with the Land Department
- October 2022
- Developer
- Pax Investment
- Community
- Business Bay
- Units
- 467
- Escrow bank
- Mashreq Bank
- Name in Arabic
- شييك تاور
- Land Department project number
- 2460
- Land Department site inspections
- 11
Schedule
Chic Tower was registered to complete in July 2025, 14 months ago, and is still under construction. Over the last year of inspections it has added about 3.1 points a month. Kept at that rate, the site would reach 100% around January 2027.
Site inspections
17 August 2026
84%+10 pts
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8 April 2026
74%+15 pts
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11 December 2025
59%+11 pts
4 August 2025
48%+18 pts
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10 April 2025
30%+11 pts
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21 January 2025
19%+3.8 pts
5 July 2024
15%+7.6 pts
14 March 2024
7.3%+3.3 pts
9 August 2023
4.0%+3.9 pts
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11 April 2023
0.1%+0.1 pts
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Context
Business Bay has 43 projects under construction, 35% built on average. Chic Tower is ahead of that average.
Own a unit in Chic Tower?
Mulki follows this project for you: each new Land Department inspection, your payment plan, the handover date and what the unit is worth today, in one private app.
Track the handoverQuestions
- When will Chic Tower be completed?
- The completion date registered with the Dubai Land Department is July 2025. At the pace of its recent inspections the site would reach 100% around January 2027. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Chic Tower is built?
- 84%, measured at the Land Department site inspection on 17 August 2026. The Land Department engineers have inspected the site 11 times since September 2022.
- Is Chic Tower delayed?
- Yes. Its registered completion date of July 2025 has passed and the Land Department still lists it as under construction.
- Who is building Chic Tower?
- The registered developer is Pax Investment.
- Which bank holds the escrow account for Chic Tower?
- Mashreq Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- Burj PacificNearby in Business Bay. 99%, Due January 2023, passed.
- 77sNearby in Business Bay. 14%, Due December 2028.
- West Bay TowerNearby in Business Bay. 83%, Due February 2024, passed.
- Aykon City 3Nearby in Business Bay. 31%, Due December 2027.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.