DAMAC Altitude Tower
- AVA001024DAMAC Altitude Tower (Altitude De GRISOGONO), Marasi Drive, Business Bay, Dubai, United Arab Emirates
DAMAC Altitude Tower
- AVA001024DAMAC Altitude Tower (Altitude De GRISOGONO), Marasi Drive, Business Bay, Dubai, United Arab Emirates
Altitude de GRISOGONO by DAMAC Properties is a landmark under-construction address on the banks of the Dubai Water Canal in Business Bay, one of the most central districts in Dubai. Designed as a sculptural tower with a distinctive curved, tapering crown, the building delivers a curated collection of two and three-bedroom apartments and duplex residences, each with a separate living and dining area, a fully fitted kitchen and generous wraparound balconies that open to canal, marina and Downtown Dubai skyline views. Interiors are crafted in collaboration with the Swiss high-jewellery house de GRISOGONO, translating the maison's signature palette of deep purples, precious stones and sculptural forms into the lobbies, residences and amenity spaces. The amenity programme is arranged over a landscaped podium and dedicated wellness levels: an infinity lap pool cantilevered over the canal, leisure and swimming pools, solar-powered sun loungers, a luxury spa retreat with floating therapy pods, an opulent fitness gym, the Illumine beauty studio, a Serenity Sphere lounge, stargazing pods and a planets-inspired garden, complemented by cafes, restaurants, valet parking and round-the-clock security. Access to Sheikh Zayed Road and Al Khail Road places Downtown Dubai, Burj Khalifa, The Dubai Mall, the Dubai Fountain and the wider city within minutes. The project is offered on a 20/55/25 payment plan with handover scheduled for the first quarter of 2028.
Property Details
- Micro-market
- Business Bay / Dubai
- Configuration
- Apartment
- Property Type
- Apartment
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| 2 BHK | — | AED 3.33M | Under Construction | |
| 3 BHK | — | Price on request | Under Construction |
Property Information
- Community: Business Bay
- Project Name: DAMAC Altitude Tower
- Listing Price: AED 3.33M
- List Date: Aug 26, 2026
- Days on Market: 0
- Listing ID: AVA001024
- Status: Under Construction
- Construction Type: Business Bay canal-front tower
- Security: 24/7 security
- Parking: Valet parking
- Pool: Infinity lap pool over the Dubai Water Canal; podium pools
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Off-plan DAMAC Business Bay tower (Altitude de GRISOGONO); handover Q1 2028; 20/55/25 plan
- Capital Appreciation: 8%
- Property Tax Jurisdiction: UAE - 0% property tax on residential
Location
DAMAC Altitude Tower (Altitude De GRISOGONO), Marasi Drive, Business Bay, Dubai, United Arab Emirates
- Airport: Dubai International Airport (DXB) - 15.5 km
- Metro: Business Bay Metro Station - 2.2 km
- Highway: Sheikh Zayed Road (E11) - 3.1 km
- Highway: Al Khail Road (E44) - 4.2 km
- Shopping: Bay Avenue Community Market - 1.6 km
- Shopping: Downtown Boulevard Retail - 3.3 km
- Tourist hub: Burj Khalifa - 1.4 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| — | Dubai Water Canal | Waterfront Promenade | Cooler months | 0 km |
| 9 / 10 | The Dubai Mall Fountains | Leisure Destination | Evening | 1.3 km |
| 9 / 10 | Burj Khalifa | Landmark | Sunset | 1.4 km |
| 8 / 10 | Dubai Aquarium & Underwater Zoo | Leisure Destination | — | 1.7 km |
| 9 / 10 | The Opus | Architectural Landmark | Evening | 0.7 km |
| 9 / 10 | La Perle | Theater Show | Weekdays | 2.6 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹21,699.92
per month
20 years • 8.5% interest • Fixed rate
₹22K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
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Net Rental Yield
1.9%
Monthly Income
₹5K
Rental Breakdown
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