DAMAC · Business Bay
Altitude de Grisogono Golden Visa
The Residency Line Runs Through the Middle of This Tower
Altitude de Grisogono prices from AED 1.18M ≈ USD 321K to AED 8.86M ≈ USD 2.41M, and the AED 2M ≈ USD 545K Golden Visa threshold falls between the 1 bedroom and 2 bedroom tiers. See which apartments clear it alone, and when a 70/30 buyer can apply ahead of the Q1 2028 handover.
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Eligibility Snapshot
Altitude de Grisogono Golden Visa Facts
Altitude de Grisogono is a 348-apartment freehold tower by DAMAC on the eastern bank of the Dubai Water Canal in Business Bay, registered with the Dubai Land Department under project number 2626 on 31 May 2023, with construction under way since 8 August 2023 across a 27,674.35 sq m plot and certified at 26.12% progress at the RERA inspection of 24 March 2026. The detail that decides residency planning here is where the AED 2M ≈ USD 545K minimum property investment lands: it falls in the gap between the 1 bedroom tier at AED 1.93M ≈ USD 526K and the 2 bedroom tier at AED 3.30M ≈ USD 899K. Roughly AED 70K ≈ USD 19K separates an apartment that cannot carry an application on its own from the tier where qualification begins. Handover is expected in Q1 2028, when Oqood registration converts to a title deed.
AED 2M ≈ USD 545K
AED 1.18M ≈ USD 321K
2 Bedroom Apartment
Freehold, open to all nationalities
Oqood now, Title Deed at Q1 2028 handover
DAMAC
Data as of August 2026, based on Dubai Land Department project registration records and current DAMAC releases. Figures are updated quarterly.
Unit by Unit
Which Altitude de Grisogono Apartments Meet the AED 2M Threshold
Most Business Bay towers sit entirely on one side of the residency line. Altitude de Grisogono sits on both, because its ladder spans five typologies from a 440 sq ft studio to a 4,140 sq ft duplex. For a buyer whose main reason for purchasing is residency, that single structural fact narrows the tower from five choices to three, and it moves the entry point from AED 1.18M ≈ USD 321K up to AED 3.30M ≈ USD 899K. Buyers whose priority is rental yield rather than a visa read the same table in the opposite direction.
| Unit Type | Saleable Area | Starting Price | Qualifies Alone |
|---|---|---|---|
| Studio Apartment | 440 sq ft (41 sq m) | AED 1.18M ≈ USD 321K | No |
| 1 Bedroom Apartment | 845 sq ft (79 sq m) | AED 1.93M ≈ USD 526K | No |
| 2 Bedroom Apartment | 1,325 sq ft (123 sq m) | AED 3.30M ≈ USD 899K | Yes |
| 3 Bedroom Apartment | 2,035 sq ft (189 sq m) | AED 6.28M ≈ USD 1.71M | Yes |
| 2 Bedroom Duplex | 4,140 sq ft (385 sq m) | AED 8.86M ≈ USD 2.41M | Yes |
| Qualification starts at the 2 bedroom apartment. Studios and 1 bedroom apartments sit below the threshold and cannot support an application on their own. | |||
Why this matters: eligibility is assessed on the registered purchase value, so a 2 bedroom apartment contracted at AED 3.30M ≈ USD 899K sits above the line from the moment the sale is registered, well before handover. A studio at AED 1.18M ≈ USD 321K or a 1 bedroom at AED 1.93M ≈ USD 526K does not, and a buyer at those price points would be looking at a combined registered ownership route across more than one property, subject to the rules in force at the time of application. Resale units in the qualifying tiers also need checking individually, since eligibility follows the contract value rather than the typology.
Payment Plan and Timing
When Off-Plan Buyers at Altitude de Grisogono Can Apply
Altitude de Grisogono sells on a 70/30 construction-linked plan: 20% on booking, 50% spread across monthly installments during construction, and 30% on completion, with the launch structure carrying a 4% DLD registration fee waiver on the developer's terms. Off-plan applications are typically supported by Oqood registration, which DAMAC completes after booking, together with proof that the purchase meets the qualifying value and any payment conditions applied by the Dubai Land Department and residency authorities at the time you apply.
My read on the timing: the shape of this plan matters more here than on a milestone schedule. Because half the price is released in small monthly steps rather than in a few large tranches, paid value climbs gradually, and a buyer entering now inherits a compressed version of the original 44-month run rather than the whole of it. Buyers relocating families or opening UAE bank accounts usually want residency early and can apply on the strength of an Oqood-registered contract in a qualifying tier once the applicable paid-value conditions are met during construction, which runs to Q1 2028. Investors with no urgency often prefer the simplest possible file: wait for handover, when the title deed is issued and the application rests on completed, registered ownership. Because requirements for off-plan applications are updated from time to time, confirm the current paid-value condition before submitting.
VIP processing, zero service fee: for buyers who purchase through me, the full application service, document preparation, submission, and status follow-up, is included free. You pay only the official government fees published by the issuing authorities.
The Project
The Canal-Front Tower Behind a Qualifying Business Bay Address
A residency visa runs for ten years, and the apartment that earns it should still make sense on the day you sell. The full Altitude de Grisogono guide covers what your qualifying purchase actually buys: layouts, current pricing, amenities, and the Business Bay canal frontage around it.
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 GuideGolden Visa Guides
Requirements, Process, and Benefits in Full
Program rules apply identically to every Dubai property, so they sit in the dedicated guides below instead of being restated on this page.
Golden Visa Requirements: AED 2M in Real Estate Registered in Your Name
Golden Visa requirements for property investors: real estate worth at least AED 2M, ownership proof, mortgages, off-plan rules and documents.
Read the requirements guideApplying for the Golden Visa in Seven Steps, From Purchase to Approval
For a property investor, the seven steps run from the purchase to the visa, usually within weeks of ownership being confirmed.
Read the application guideGolden Visa Benefits: Residency, Family Sponsorship and Long Periods Abroad
Golden Visa benefits: residency without an employer, long periods abroad without losing status and the right to sponsor your family.
Read the benefits guideInsights
Project Insights for Altitude de Grisogono Buyers
A Golden Visa purchase here rests on more than picking a qualifying tier. Buyers should track certified construction progress toward the title deed and confirm that every installment lands in the project escrow account. Explore the resources below before you commit.
Altitude de Grisogono Golden Visa Guide
This page: which apartments clear the AED 2M ≈ USD 545K threshold and when off-plan buyers can apply.
Altitude de Grisogono Construction Progress, Business Bay Canal Front
Altitude de Grisogono, DAMAC's 348-residence canal-front tower in Business Bay, stood at 26.12% at the 24 March 2026 RERA inspection.
View Altitude de Grisogono Construction Updates
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 AccountStructure
Explore the Business Bay Structure
A qualifying apartment holds its value through the district around it. Compare Altitude against the rest of the canal-front stock, read how Business Bay behaves as a rental market, and review what DAMAC has already delivered before finalizing your Golden Visa purchase.
Business Bay Properties for Sale
Compare canal-front towers, branded stock, and resale pricing across the district, and see which tiers clear the Golden Visa threshold.
See Business Bay Properties for Sale
Business Bay Community
Understand the canal promenade, the office core, metro access, and the tenant demand drivers behind long-term value at Altitude.
Explore the Business Bay Community Guide
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 Properties Developer ProfileFAQs
Altitude de Grisogono Golden Visa Frequently Asked Questions
Three of five. 2 bedroom apartments start at AED 3.30M ≈ USD 899K, 3 bedroom apartments at AED 6.28M ≈ USD 1.71M, and 2 bedroom duplexes at AED 8.86M ≈ USD 2.41M, so each of those clears the AED 2M ≈ USD 545K minimum property investment on a single purchase. Studios and 1 bedroom apartments sit below it. Full criteria are covered in the Golden Visa requirements guide.
Not on their own. Studios start at AED 1.18M ≈ USD 321K and 1 bedroom apartments at AED 1.93M ≈ USD 526K, both below the AED 2M ≈ USD 545K threshold, and the 1 bedroom tier misses it by roughly AED 70K ≈ USD 19K. A buyer at those price points would need to look at a combined registered ownership route across more than one property, subject to the conditions in force at the time of application.
Off-plan applications are typically supported by Oqood registration and proof that the purchase meets the qualifying value and any paid-value conditions applied at the time of application. Buyers who prefer a simpler file can wait for the title deed at handover in Q1 2028. The process is explained step by step in the off-plan Golden Visa guide.
The plan is 20% on booking, 50% across monthly installments during construction, and 30% on completion, with the launch structure carrying a 4% DLD registration fee waiver on the developer's terms. Because the construction portion is released in small monthly steps rather than a few milestones, paid value builds gradually, so the point at which a buyer meets the commonly applied paid-value conditions depends on when they entered and how much of the schedule remains.
Yes. The tower is freehold and open to all nationalities, with full ownership registered at the Dubai Land Department, which is a requirement for property-based Golden Visa eligibility. Buyer payments are protected through a DLD-registered escrow account with Abu Dhabi Islamic Bank, detailed on the Altitude de Grisogono escrow account page.
The property investment route currently carries a 10-year renewable residency term, and holders can sponsor immediate family members under the conditions in force at the time of application. What the visa covers, and what it does not, is set out in the Golden Visa benefits guide.
No. For buyers who purchase through this advisory, the VIP application service, covering document preparation, submission, and status follow-up, is included at no charge. Only the official government fees apply, as published by the issuing authorities at the time of application.
No. Buying in a qualifying tier makes you eligible to apply, but approval depends on satisfying all requirements in force at the time of application, including ownership verification and standard background checks. Construction status can be checked at any time on the Altitude de Grisogono construction updates page.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is making sure the property you buy actually qualifies before you commit, with the VIP visa application service included free for my buyers. 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.
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