Altitude de Grisogono by DAMAC in Business Bay construction updates cover image featuring a project rendering of curved waterfront towers beside the canal in Dubai - Presented by Tohid Fetrat

DAMAC · Business Bay

Altitude de Grisogono Construction Updates

Following a 35-Floor Canal-Front Tower From Foundations to Handover

Altitude de Grisogono recorded 26.12% construction at its 24 March 2026 RERA inspection, with superstructure rising above completed foundations on the Business Bay canal front.

Construction tracking against RERA inspection data, updated after every recorded inspection.

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26.12%Construction Progress
24 March 2026Latest RERA Inspection
348 residential unitsTotal Units
Project 2626DLD Registration

Construction Snapshot

Altitude de Grisogono at a Glance

Altitude de Grisogono is DAMAC's 348-residence canal-front address in Business Bay, held in the Dubai Land Department register as project 2626 under the name Canal Crown 2. Two years and seven months separate the 08 August 2023 construction start from the 26.12% logged on 24 March 2026, and the registered anchors behind that reading are set out below. Because the whole scheme is one vertical volume on plot 316 rather than a spread of phases, every point added from here comes from a single frame climbing, which makes this record easier to read than a multi-building masterplan.

DLD Project Number

2626

Project Status

Active

Construction Start

08 August 2023

Total Units

348 residential units

Total Built-Up Area

27,674.35 sq m

Registered Completion Date

Q1 2028

Figures from Dubai Land Department registration records, updated after each recorded inspection. How every project on this site is tracked is explained once on the Dubai Construction Updates hub.

Inspection Record

Altitude de Grisogono Construction Update Timeline

One dated reading carries this record so far: 26.12%, verified on 24 March 2026 and the first cycle published on this hub. The register also holds an earlier figure of 20.28% with no inspection date attached to it, so that number is acknowledged in prose but never plotted, tabled or turned into a rate on this page. The track below therefore shows a single dot, and the table row links the full report behind it.

Inspection MonthConstruction ProgressInspection DateFull Update
March 202626.12%24 March 2026View the March 2026 update
!

The 20.28% held in the register as the preceding reading carries no published inspection date. Without a date to anchor it, that figure stays out of the track, out of the table and out of every pace calculation below, and each new dated cycle is added here as it publishes.

Pace Analysis

How Fast Altitude de Grisogono Has Been Built

With a single dated inspection on the record, honest pace reading means separating what is measured from what is merely implied. Three figures frame where this tower stands:

  • Register's undated 20.28% to 26.12% on 24 Mar 2026: a certified 5.84-point gainInterval not on record
  • 08 Aug 2023 start to 26.12% on 24 Mar 2026: roughly 31.5 months elapsedAbout 0.8 points per month, derived
  • 26.12% to a finished building inside the Q1 2028 window: 73.88 points leftAbout 3.1 points per month, schedule-implied

The derived 0.8 figure is a whole-project average, not a running speed, and it is held down by everything that happens below ground: mobilization on plot 316, piling into the canal-front footprint and foundations under three basement levels absorb months while moving the certified percentage very little. That is why the required 3.1 points per month ahead looks steep against it but is not, in itself, a warning sign. Superstructure work above a closed podium is repetitive by nature, one floor cycle after another to level 35, and it is the stretch where recorded progress usually climbs fastest. What this record cannot yet tell an investor weighing entry or a buyer already committed is whether that acceleration has actually started, because a second dated reading is needed before any pace claim on this page becomes a measurement.

Get the Next Inspection Figure First

Tell me you are tracking Altitude de Grisogono and I will send you the next recorded figure and site photos directly, ahead of the page update.

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Project Profile

About Altitude de Grisogono at Business Bay

A percentage only means something once you know what it is building toward. The project guide covers the address behind this record:

Altitude de Grisogono by DAMAC in Business Bay illuminated tower crown with curved architectural arches overlooking the Downtown Dubai skyline and Burj Khalifa at night in Dubai - Presented by Tohid Fetrat

Altitude de Grisogono, DAMAC's Jeweller-Styled Tower on the Dubai Canal

Altitude de Grisogono is a 35-storey DAMAC tower on the Dubai Canal, shaped with the Geneva jeweller de GRISOGONO.

View the Altitude de Grisogono Project Guide

Considering an Entry During the Superstructure Phase?

Inventory at Altitude de Grisogono moves between inspection cycles, and the layouts released early are rarely the ones left later. If this record is the reason you are reading, tell me what you are after and I will confirm what is open today.

Ask About Remaining Availability on WhatsApp

Stage Record

Altitude de Grisogono Build Stages, Mapped to the Inspections

Each stage below is tied to the window it occupies in this project's own record rather than to a generic construction sequence, so the single dated reading of 26.12% can be placed inside the build rather than read in isolation.

May 2023 to Aug 2023

Registration and Site Mobilization

Registered with the Dubai Land Department on 31 May 2023 as project 2626, with construction formally starting on plot 316 on 08 August 2023.

Aug 2023 to the Mar 2026 reading

Enabling, Piling and Foundations

Enabling works, piling and the foundations carrying three basement levels were all recorded complete by the inspection of 24 March 2026.

Current Phase26.12% recorded on 24 Mar 2026

Super-Substructure Above the Podium

The frame is rising at varying levels through ground and the three podium floors toward level 35, the stage now driving almost every recorded point.

Early stages at 26.12%

Envelope, MEP and Internal Finishes

Facade, services and internal finishing were all logged as started but early on 24 March 2026, running behind the frame as it climbs.

Toward the Q1 2028 window

Commissioning and Building Completion

Mechanical floor, roof, full facade closure and systems commissioning across 348 units precede completion certification and the handover appointments.

What each construction stage involves in general is covered once in the guides on the Dubai Construction Updates hub, so this page stays focused on Altitude de Grisogono's own record.

Buyer Position

Tracking Your Position at Altitude de Grisogono

This page is one of four project resources that together cover a Altitude de Grisogono purchase from payment protection to residency to handover. You are on the construction record; the siblings sit one click away:

Altitude de Grisogono by DAMAC in Business Bay construction updates cover image featuring a project rendering of curved waterfront towers beside the canal in Dubai - Presented by Tohid Fetrat
You Are Here

Altitude de Grisogono Construction Updates

This page: every dated Altitude de Grisogono reading in sequence, from site mobilization to completion certification.

Altitude de Grisogono by DAMAC in Business Bay Golden Visa graphic with a gold UAE Golden Visa card positioned above a rendering of curved waterfront towers in Dubai - Presented by Tohid Fetrat

Altitude de Grisogono Golden Visa: The Line Runs Through the Middle

DAMAC's Altitude de Grisogono in Business Bay: studios and 1 bedroom apartments sit below AED 2M, qualification starts at 2 bedrooms.

Read the Altitude de Grisogono Golden Visa Guide
Altitude de Grisogono by DAMAC in Business Bay escrow account protection graphic with shield and padlock icons above a waterfront podium, swimming pools, landscaped terraces, and the canal in Dubai - Presented by Tohid Fetrat

Altitude de Grisogono's Escrow Account on the Business Bay Canal

DAMAC's Altitude de Grisogono pays into Abu Dhabi Islamic Bank escrow, DLD project 2626, 351 units certified 26.12% in March 2026.

Verify the Altitude de Grisogono Escrow Account

Approaching Handover

Between 26.12% and Handover: What Altitude de Grisogono Buyers Should Do Now

Roughly three quarters of this build still sits between the March 2026 reading and a finished tower, which puts buyers here in the longest stretch of the purchase rather than the last one. Installments on the plan of record fall due month after month through the superstructure years, so each cycle carries a payment decision rather than a handover decision, and the three habits below are worth forming now rather than in 2028.

First, confirm before each transfer that your money is going into the regulated trust account attached to project 2626; the Altitude de Grisogono escrow account page sets out the account details and the certified-milestone mechanism that releases funds from it.

Second, read each new dated reading against your own payment schedule rather than against the calendar, since a percentage that moves slowly does not by itself move the dates your agreement commits you to; the March 2026 inspection record is the baseline every later cycle will be measured from.

Third, settle residency questions early rather than near completion, because eligibility depends on the value and paperwork of your purchase; the Altitude de Grisogono Golden Visa guide covers what qualifies and when the application can realistically start.

Send me your unit number on WhatsApp and I will tell you what the latest inspection means for your handover and map the sequence for your specific unit.

The Wider Picture

Explore Business Bay Structure

The tower is only part of what a buyer here underwrites; the district around plot 316 is the rest. These three pages set this record in its market, community, and developer context:

Business Bay properties for sale featuring modern residential towers and premium Dubai skyline views Captured by Tohid Fetrat.

Business Bay Properties for Sale

Browse canal-front apartments, penthouses and branded residences for sale across Business Bay.

See Business Bay Properties for Sale
Business Bay skyline view featuring Opus Tower Bugatti Residences by Binghatti The Binary by Omniyat and Ahad Tower with modern high rise architecture and urban city streets captured by Tohid Fetrat.

Business Bay Community Overview

Read the Business Bay guide: canal-front towers, offices and residences minutes from Downtown, with prices and rental demand covered.

Explore the Business Bay Community
DAMAC Properties development overlooking Dubai skyline and waterfront with modern architecture at sunset in Dubai Presented by Tohid Fetrat

DAMAC Properties: Lagoon Communities, Golf Villas and Branded Collaborations

Founded in 2002, DAMAC has delivered 48,000 homes and is known for large-scale master communities, luxury residential projects and branded collaborations.

View the DAMAC Developer Profile

Construction tracking for other Dubai projects is indexed on the Dubai Construction Updates hub.

FAQs

Altitude de Grisogono Construction Updates Frequently Asked Questions

Altitude de Grisogono is an active DLD-registered development, project number 2626, standing at 26.12% construction progress at the RERA inspection dated 24 March 2026. That reading places the tower in its superstructure phase, with substructure work signed off beneath it. The dated record sits in the inspection timeline above.

The 24 March 2026 inspection put the tower at 26.12%. That figure stands 5.84 points ahead of the 20.28% retained in the register as the reading before it, and since no inspection date is published against that earlier number, the time behind the gain cannot be stated and is not estimated here. The site report behind the reading sits in the March 2026 construction update.

At the 24 March 2026 reading, enabling works, piling and the foundations under three basement levels were recorded complete, and the super-substructure was progressing at varying levels across the tower. Envelope, MEP and internal finishing were logged as started but at early stages, which is consistent with a building measured at 26.12%.

Only one dated reading exists on this record, so no measured pace between inspections can be published. Across the whole span from the 08 August 2023 construction start to the 26.12% recorded on 24 March 2026, roughly 31.5 months, the derived average is about 0.8 points per month. Reaching completion inside the Q1 2028 window implies roughly 3.1 points per month from here, a schedule-implied figure rather than an observed one. The reasoning sits in the pace analysis above.

Q1 2028 is the handover window carried on this project, stated as it stood when the 24 March 2026 reading published. Measured from 26.12%, that leaves 73.88 points of certified progress between the tower and a finished building. Completion timing can be revised between cycles, and any revision is written into this page when the next inspection is recorded.

The development is planned as 348 residential units across a built-up area of 27,674.35 sq m, held in a single Business Bay tower that runs three basement levels, a ground floor, three podium decks and 35 residential floors beneath a mechanical level and roof. Layouts run from studios to duplexes and are set out in the Altitude de Grisogono project guide.

Construction started on 08 August 2023, following registration of the project with the Dubai Land Department on 31 May 2023. The first inspection reading published on this hub is the 26.12% dated 24 March 2026, which means the ground and substructure years sit behind the record rather than inside it.

Official records hold this tower under the name Canal Crown 2 against project number 2626, listing One Quantem Real Estate Development L.L.C as registered developer on plot 316 in Business Bay. Searches of the register, of ownership records or of the trust account need that name rather than the marketing one, and the same reference governs the Altitude de Grisogono escrow account guide.

Portrait of Tohid Fetrat, Dubai real estate advisor and portfolio manager with expertise in luxury developments

Your Advisor

Tohid Fetrat

Independent of the developer: I work for the buyer, and my only job on this page is keeping the Altitude de Grisogono construction record accurate, inspection by inspection, until handover, walking the site personally each inspection period. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.

Ask your question, get your answer. No obligation and no follow-up unless you ask for it.

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