Altitude de Grisogono by DAMAC

Altitude de Grisogono is a branded residential tower by DAMAC on the Dubai Canal in Business Bay, designed in collaboration with the Geneva jeweller de GRISOGONO. The building rises 35 floors above three podium levels and a ground floor, with a rooftop observation deck, and holds 348 residential units ranging from studios to two bedroom duplexes.

The tower is located in Business Bay, Dubai, on the eastern bank of the Dubai Water Canal. It has direct access to Sheikh Zayed Road and Al Khail Road, and sits approximately four minutes from Business Bay Metro Station and five minutes from Burj Khalifa and Downtown Dubai.

The tower offers studios and one and two bedroom apartments on levels 2 to 33, two and three bedroom apartments on levels 34 and 35, and a limited collection of two bedroom duplex residences with lower, upper and private terrace levels. Sizes run from approximately 440 sq ft (41 sq m) for a studio to approximately 4,140 sq ft (385 sq m) for a duplex.

Handover is expected in Q1 2028. The tower is currently under construction, and progress against RERA inspection data is tracked month by month in the Altitude de Grisogono construction updates guide.

Prices start from AED 1.18M ≈ USD 321K for a studio apartment. One bedroom apartments start from AED 1.93M ≈ USD 526K, two bedroom apartments from AED 3.30M ≈ USD 899K, three bedroom apartments from AED 6.28M ≈ USD 1.71M, and two bedroom duplexes from AED 8.86M ≈ USD 2.41M.

The project follows a 70/30 construction linked payment plan with a 4% DLD waiver. Twenty percent is payable on booking, fifty percent is spread across monthly installments during construction, and the remaining thirty percent falls due on completion. Because the tower is already partway through construction, a buyer entering now inherits a shortened version of the original installment schedule rather than the full run.

It depends on the tier. The property investment threshold for the 10 year UAE Golden Visa is AED 2M ≈ USD 545K. Two bedroom apartments, three bedroom apartments and the duplex residences all sit above that line and qualify. Studios at AED 1.18M and one bedroom apartments at AED 1.93M fall below it and do not qualify on their own, although a buyer may combine qualifying properties to reach the threshold. The Altitude de Grisogono Golden Visa guide sets out the eligibility steps in detail.

Yes. Altitude de Grisogono is a freehold development, open to buyers of all nationalities, including non-residents purchasing from outside the UAE.

Yes. Reservation, the sales and purchase agreement, payment and registration can all be completed remotely without travelling to Dubai, and I manage the process end to end with the developer on your behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.

Every off plan installment is paid into the project's DLD-registered escrow account rather than to the developer directly, and funds are released only against verified construction progress. The framework is regulated by the Dubai Land Department. The mechanics are explained in full in the Altitude de Grisogono escrow account guide.

The tower carries two distinct investment profiles. The studio and one bedroom tiers target rental yield, supported by Business Bay's established tenant demand from the DIFC and Downtown employment cores. The three bedroom apartments and duplexes on the top levels are scarcity assets, where only a small number of units exist and resale performance depends on brand equity and view corridor rather than rental income. Which profile fits depends on entry price, holding horizon and whether the exit is a resale before handover or a long term hold.