Altitude de GRISOGONO by DAMAC Properties

Altitude de GRISOGONO is an impressive project by DAMAC Properties and the fashionable jewelry house de GRISOGONO. The high-rise tower will be built on the Dubai Canal waterfront, near the pier in Marasi Bay. Studios, 1-3 bedroom apartments, and 2-bedroom duplexes are available for purchase. It is also possible to acquire an entire floor in the project.

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$ 525 000
Price
Q1 2028
Completion
70/30
Payment plan
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About the project

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a luxurious tower

Altitude de GRISOGONO in Business Bay

Altitude de GRISOGONO is a luxurious tower by renowned developer DAMAC Properties located on the waterfront in Business Bay. With its exceptional location, you will be able to enjoy picturesque views of Downtown Dubai and the Dubai Water Canal. The completion of the construction is planned for the first quarter of 2028.

Altitude de GRISOGONO is a luxurious high-rise tower that includes a ground floor, several podium levels with project infrastructure, 35 residential floors, and a roof. The total height of the building is 173m. The developer is collaborating with the globally renowned jewelry brand de GRISOGONO on the complex. The overall concept of the tower is inspired by the precious gemstone opal.

The complex offers branded studios, 1 to 3-bedroom apartments, and 2-bedroom duplexes, ranging in size from 41 sqm to 385 sqm. The lower levels will have up to 13 residential units per floor, and up to 4 units on the top of the building. All residences come with balconies or terraces, spacious kitchen areas with appliances, and built-in wardrobes in the bedrooms. Additionally, the duplexes will feature a maid's room, two separate kitchens, a laundry room, and a spacious rooftop terrace.

The ceiling height in the residences is at least 2.7m in living areas and 2.4m in the kitchen and bathroom. Premium materials are used in the finishes, such as ceramic granite, ceramic tiles, stainless steel surfaces for sinks and fittings.

Interested investors can purchase one of the three types of floors in the project, starting from 729 sqm.

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Key Advantages

In the Altitude de GRISOGONO DAMAC Properties complex, exclusive recreational and entertainment locations are created: shining spheres, a unique planetarium - a garden of planets, a beauty bar, an infinity pool with solar-powered loungers, and special floating spa capsules. You can engage in sports or dedicate time to self-care in the branded gym, luxury spa, and beauty studio.

  • shimmering spheres
  • unique planetarium-garden
  • beauty bar
  • solar-powered infinity pool with loungers
  • floating spa capsules
  • fitness center
  • luxury spa and beauty studio
  • designer lobby
  • learn more

All common areas are designed in the de GRISOGONO style. Upon entering the complex, guests and residents find themselves in a stunning designer lobby with 5-meter high ceilings. At the top of the tower, there will be an amazing observation deck, from which you can admire views of Burj Khalifa, Dubai Water Canal, and more.

On the promenade and nearby, you can enjoy an evening at one of the restaurants: Kutsia Dubai, Pure Punjabi Restaurant, Long Teng Seafood Restaurant, La Cruise Restaurant Business Bay, Alphorn Restaurant. All of them are within a 5-10 minute drive.

Within a 5-15 minute drive, you will find a wide selection of educational institutions. Students can choose from a number of international schools, including the British Hartland International School, the American Dubai International School and Clarion School, and others. For children up to four years old, there is Blossom Downtown Nursery, Jumeirah International Nursery, Blossom Design District Nursery, and others.

There are many medical institutions around the project: IKIGAI Medical Centre, Amana Healthcare, Emirates Hospital Clinics - Business Bay, and others. The trip to them will take less than 10 minutes. Just a minute's drive away is the HealthGPS office, where you can have a medical examination.

In early 2024, the price of residences in the Altitude de GRISOGONO complex starts from AED 1.9 million (USD 517 thousand) for one-bedroom apartments. Studios are offered at a price starting from AED 1.18 million (USD 321 thousand). Duplexes can be purchased starting from AED 8.86 million (USD 2.4 million).

You can buy an entire floor for a price starting from AED 22.1 million (USD 6 million).

Infrastructure

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The branded Altitude de GRISOGONO project will become part of an elite district in the center of Dubai on the Dubai Canal waterfront. The promenade belongs to Business Bay, one of the most popular and well-thought-out areas in the emirate. Here, you will find not only offices of major global companies, but also important infrastructure facilities, popular places for recreation and entertainment.

Next to the complex is the Marasi Marina Transport Station, where there are several water transport rental points and taxis. Within a few minutes' walk is the Claytone Residences 2 bus stop.

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Floor plans

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Location

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5-15 minutes

Downtown Dubai, Dubai Design District, Jumeirah Beach, Ras Al Khor Wildlife Sanctuary

20-30 minutes

Dubai International Airport (DXB), Dubai Marina, Palm Jumeirah

The new branded complex Altitude de GRISOGONO is located near Marasi Drive, which provides quick access to Financial Center Road, Al Asayel Road, and other important highways of the emirate. It will only take 10-15 minutes to reach the tourist hub of Downtown Dubai and the fashion and design center of Dubai Design District. It takes about 25 minutes to get to Dubai International Airport (DXB).

It will take 10-15 minutes to reach the beaches in the Jumeirah area and the Ras Al Khor Wildlife Sanctuary. Dubai Marina and the stunning beach locations on Palm Jumeirah are a half-hour drive from the tower.

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advantages of the purchase

Economic Attractiveness

The Altitude de GRISOGONO complex is being built in an elite location on the Dubai Water Canal waterfront in the Business Bay area. The stunning location, diverse types of real estate, comfortable layouts, and exceptional design of each residence will appeal to young couples, families with children, businessmen, and employees of corporations in Business Bay and DIFC.

At the beginning of 2024, DAMAC Properties introduced convenient installment payment plans of 70/30 for the project. The final 30% is paid after the project is completed in the first quarter of 2028.

Purchasing residences in the Altitude de GRISOGONO complex will be a good option for those planning to generate stable income from real estate investments. The average cost of one-bedroom apartments in January 2024 is AED 105,000 (USD 29,000). Such real estate in the Business Bay area traditionally enjoys demand from tenants and demonstrates an ROI of 6.4%. Owners of full-floor real estate will be able to customize and rent out the residences profitably.

UAE residency visa

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Purchasing property in Altitude de GRISOGONO is an opportunity to obtain a residence visa for two years or ten years for yourself and your family. The type of visa depends on the cost of the residence. The documents can be renewed an unlimited number of times as long as you remain the owner of the property.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
Metropolitan Expert
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
person
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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