Altitude de GRISOGONO is a luxurious 43-storey development by DAMAC Properties located in the vibrant area of Business Bay. The new complex offers a wide range of residential options. Branded by de GRISOGONO, the luxury designer studio, 1, 2 and 3-BR apartments showcase refined interiors and details that inspire comfort and sophistication. Experience new heights of wellness at Altitude. From soothing hydrotherapy to solar-powered sun loungers, indulge in an array of exceptional amenities. 

Properties in the waterfront complex are presented by studios, 1–3 bedroom apartments and 2-bedroom duplexes, with property sizes ranging from 440 sq. ft to 4,140 sq. ft. Interested investors can also purchase a full floor in the complex, enabling you to construct your own huge residence or rent out multiple units at once. All residences offer amazing views of the canal and the world famous Burj Khalifa.

Altitude De Grisogono by Damac

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 Starting from 1.18 M AED

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Designer Studio, 1 - 3 Bedroom Apartments

by de GRISOGONO in Business Bay

Where Luxury Soars 

Our specialists will advise you on the best luxury real estate investment opportunities and ensure maximum benefits from your transaction.

Amenities

 Overlooking the impressive Dubai Canal, ALTITUDE is only minutes away from iconic landmarks like the Burj Khalifa, Dubai Mall, and DIFC, with Dubai International Airport a short drive away. 

Recognised as the heart of new Dubai, Business Bay is surrounded by highly desirable neighbourhoods, including the iconic Burj area with its globally acclaimed landmarks and Sheikh Zayed Road. A brief drive from Altitude brings you to the urban leisure destinations of City Walk and the timeless Jumeirah Beach.

Location

2030 Trasport Master Plan by RTA - Business Bay 

Marine Station

Tram Station

Sky Pods

Avg. Quarterly Launches (2021-2023) - 927

Avg. Quarterly Sales* (2021-2023) – 1,365

Avg. Rental Yield of 6.5% to 7.5%

Capital Values Appreciation (2021-2023)* - 73%

Avg. New Rental Ticket Value Growth (2022-2023) – 30%

  •  All off plan apartments in Business Bay location recorded 73% capital value appreciation from Q1 2021 to Q4 2023 driven by the growing influx of tourist and workforce. 
  • Branded residencies are likely to command premium in capital value growth as they have recorded a 70% jump from the H1 2021 to H2 2023 when compared to non-branded residencies with 62% for the same period. 
  • Further, as we anticipate renewed investor interest for short leasing, branded apartments may tend to command higher rentals compared to non-branded.

Why Invest in Business Bay ?

Business Bay Apartment Dynamics  

Tourist Influx

➢ Tourist influx - 15.37 M in 2023 from 12.82 M in 2022.

 
➢ Homeowners renting for long terms has exceeded the short-term rents.

 
➢ Business Bay recorded 2.8% all rental transactions in 2023, of which 50% are new. Indicating strong end user demand.

 
➢ Branded residencies are expected to witness increase preference for short term leasing.

➢ According to Savills, Business Bay office rentals have recorded consistent increase in last six months.

 
➢ Despite new office supply, the vacancy levels have come down, indicating more job creation in the location.

Office Occupancy

➢ It has been observed that around 23% of the total sales of 2023 account for branded. Of which secondary account for 19%.

 
➢ Further, DAMAC is the market leader accounting for a share of 89% in 2023 sales of branded units.

Branded vs Non Branded

➢ Canal front living with access to the metro and marine transportation along with waterfront F&B, night life and entertainment is a major boost to tourism and a luxury water front lifestyle.

Canal Front Living

Fast Four Facts  

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Pricing & Payment Plan

Q1 2028

Handover

Pay 70%

During Construction

Pay 30% 

On Handover

AED 1.18 M 

Starting Price

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RERA Permit Number : 0631762931

RERA Permit Number: 0631762931