Altitude
Apartments
By DAMAC
1,180,000 AED
Starting Price
St.-3BR
Available Units
Business Bay
Location
Altitude de GRISOGONO is a 43-storey branded development in Business Bay by DAMAC Properties and the luxury jewellery brand, de GRISOGONO. The complex includes a collection of studios, 1-3 bedroom apartments and just two 2-bedroom duplexes. You can also buy a full foor.
About Altitude
The master developer offers a convenient 70/30 payment plan, which includes a 20% booking fee. During construction and upon estimated completion in Q1 2028, you must pay 50% and 30%, respectively.
As of Q1 2024, the gross yield for 1-bedroom units in Business Bay averages at 6.4%. The starting price for rent is AED 53K (USD 14K) per annum. As you can see, you can receive a stable cash flow if you lease your property in Altitude de GRISOGONO.
According to DAMAC Properties, off-plan apartments in Business Bay recorded 73% capital value appreciation from Q1 2021 to Q4 2023. The surge was driven by the growing influx of tourists and expat workers. This means that you can profitably resell your property in this complex, even while it is still under construction.
Property owners in Altitude de GRISOGONO become eligible for either a 2- or 10-year visa, depending on the purchase price. Both of these visas include family sponsorship, while the 10-year Golden visa additionally covers domestic staff.
The master developer offers a convenient 70/30 payment plan, which includes a 20% booking fee. During construction and upon estimated completion in Q1 2028, you must pay 50% and 30%, respectively.
As of Q1 2024, the gross yield for 1-bedroom units in Business Bay averages at 6.4%. The starting price for rent is AED 53K (USD 14K) per annum. As you can see, you can receive a stable cash flow if you lease your property in Altitude de GRISOGONO.
According to DAMAC Properties, off-plan apartments in Business Bay recorded 73% capital value appreciation from Q1 2021 to Q4 2023. The surge was driven by the growing influx of tourists and expat workers. This means that you can profitably resell your property in this complex, even while it is still under construction.
Property owners in Altitude de GRISOGONO become eligible for either a 2- or 10-year visa, depending on the purchase price. Both of these visas include family sponsorship, while the 10-year Golden visa additionally covers domestic staff.
Payment Plan
|
Developer
|
Area from
|
Townhouses
|
Total Amount of Units
|
Payment Plan
|
|---|---|---|---|---|
|
DAMAC
|
2,297 sq. ft.
|
4-5BR
|
1900
|
70/30
|
Amenities & Features
The size of the residencesranges from 440 sq. ft to 4,140 sq. ft. In terms of the layouts, the residences will come with a balcony, a laundry room and a powder room. The duplexes are complemented with a maid’s room and a private terrace.
The kitchens at Altitude de GRISOGONO are fitted with a refrigerator, a cooker, a hood, a washing machine, a porcelain backsplash and a stainless steel sink. The bedrooms, meanwhile, have built-in wardrobes.
The amenities and infrastructure available in the Altitude de GRISOGONO community include:
- Infinity lap pool
- Solar-powered sun loungers
- Serenity sphere
- Planet-inspired garden
- Beauty bar
- Gym
- Spa
- Floating therapy pods
- Stargazing observatory
- Children’s play area
- Observation deck
- Grand lobby
- Promenade retail
Nearby Facilities
Altitude de GRISOGONO is located next to Marasi Dr, ensuring easy connectivity with Al Khail Rd, which is one of Dubai’s key highways. As a result, you can reach Dubai International Airport, Dubai Marina and Palm Jumeirah in just 20 minutes or less.
Right next to the complex are 2 bus stations: Volante Dubai Tower 1 and Volante Dubai Tower 2. This is perfect for those who prefer to get around by public transport.
The facilities that are accessible within walking distance are:
- Gala Supermarket
- Florence Medical Center
- LIFE Pharmacy – Life Mayfair
- Maple Bear Nursery Business Bay
Also, it will take about 10 minutes by car to get to a range of Dubai’s most popular attractions. These include the Coca-Cola Arena, Dubai Mall, Dubai Opera, Burj Khalifa, The Dubai Fountain, Winter Garden at Habtoor Palace Dubai and more.
