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Altitude de GRISOGONO

By DAMAC Properties in Business Bay, Dubai

Price from
AED 3,621,000
about £742K or $986K
Payment plan
5/55/40
60% before handover
Handover
Q1 2028
Status
Under construction

Payment plan

5/55/40

60% due before handover

  1. Booking depositOn purchase5%AED 181,050
  2. During construction14 instalments from month 1 to month 15 after purchase55%AED 1,991,550
  3. On completionQ1 202840%AED 1,448,400
  4. Paid before handoverAED 2,172,600

DAMAC plan PP-648029 (November 2026), published for 2-bedroom apartments under the name Canal Crown 2. DAMAC's schedule shows 9% due immediately; the instalments total 104% of the price, so this includes the 4% DLD registration fee.

Amounts are worked on a 2-bedroom apartment at its starting price of AED 3,621,000. Change home type

For 2-bedroom apartments

Homes and prices

Altitude de GRISOGONO offers 2-bedroom apartments and 3-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

Some starting prices are Property Finder listings, as noted against each home type; the others come from the sources listed on this page. Checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments
  • 2 to 3 bed
  • 1,457 to 4,242 sq ft
  • Freehold
Location
Business Bay, Dubai
Sales launched
January 2024
Brand
de GRISOGONO
Golden Visa
Prices reach the AED 2 million threshold

Overview

A de GRISOGONO branded DAMAC tower on the Dubai Canal in Business Bay. In November 2026 DAMAC listed two-bedroom apartments from AED 3,621,000, with handover in Q1 2028.

Altitude de GRISOGONO is a residential tower by DAMAC on the edge of the Dubai Canal in Business Bay, with interiors branded by the jewellery house de GRISOGONO. DAMAC's FAQ describes studios and one, two and three-bedroom apartments in several layouts, and Property Finder also shows two-bedroom duplexes. DAMAC's records give a sales launch in January 2024, and Property Finder records construction starting in April 2024.

On 13 November 2026 DAMAC's own site offered two-bedroom apartments only: four units from AED 3,621,000 to AED 10,233,000 and from 1,457 to 4,242 sq ft. The spread is wide, so ask for the floor plan and floor of any unit before comparing prices. These are the units on offer in November 2026, not the full range in the building. Studios and one-bedroom apartments are not currently offered online. Property Finder shows three-bedroom apartments from AED 5.7 million at 2,014 sq ft and two-bedroom apartments from AED 3.3 million, below DAMAC's cheapest listed unit; we rely on DAMAC's figure.

The project page headlines a 60/40 plan. The schedule DAMAC publishes for the two-bedroom units (November 2026) asks for 9% immediately, 55% in 14 instalments within 15 months of purchase, and 40% on completion. The instalments add up to 104% of the price because the first payment includes the 4% DLD registration fee, so on the price itself the plan is 5/55/40. Most of the money is therefore paid more than a year before handover.

One detail needs clearing up. The plan carries the name Canal Crown 2, and the unit codes on DAMAC's listing begin CCRN2. Property Finder lists Canal Crown 2 as a separate DAMAC tower in Business Bay with handover in Q4 2027. Ask DAMAC to confirm in writing which building the unit is in and which completion date applies. For Altitude itself, DAMAC and Property Finder agree on handover in the first quarter of 2028.

Who it suits: buyers who want a branded canal-side apartment close to Downtown, with a handover date that two sources agree on. DAMAC puts The Dubai Mall, City Walk and Box Park five minutes away, Mall of the Emirates 15 minutes and Dubai International Airport 20 minutes. What to weigh: Business Bay keeps adding new towers, the brand premium may not carry through to resale, and service charges have not been published.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry 2-bedroom apartment at Altitude de GRISOGONOAED 3,621,000
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 144,840
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 3,766,860about £772K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Every unit type here is priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

On the edge of the Dubai Canal in Business Bay. DAMAC places it a few minutes from the Burj area, The Dubai Mall, Dubai Opera, City Walk and Sheikh Zayed Road.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

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The Dubai Mall
5 min
City Walk
5 min
Box Park
5 min
Emirates Hospital
5 min
Safa British School
5 min
Mall of the Emirates
15 min
Dubai International Airport
20 min
Al Maktoum International Airport
35 min

Approximate drive times in normal traffic.

About Business Bay

  • About five minutes by car from Downtown Dubai and 15 minutes from Dubai International Airport (Bayut area guide)
  • Red Line metro at Business Bay station
  • Dubai Water Canal promenade for walking, running and waterside restaurants
  • Very wide choice of buildings and developers at every budget

Business Bay area guide

Amenities

  • Swimming pool
  • Waterfront promenade
  • Sun loungers
  • Spa
  • Stargazing pods

Developer: DAMAC Properties

Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers.

Founded
2002
Headquarters
Dubai, UAE
Ownership
Privately held by founder Hussain Sajwani. Listed on the Dubai Financial Market from 2015 and delisted in 2022 after he bought out the minority shareholders.

DAMAC Properties profile and track record

Adviser's view

What works

  • DAMAC and Property Finder agree on handover in the first quarter of 2028.
  • On the Dubai Canal, five minutes from The Dubai Mall and City Walk on DAMAC's figures.
  • de GRISOGONO branded interiors, with a spa, pool and stargazing pods in the plan.
  • Two-bedroom apartments from AED 3,621,000, with prices published unit by unit.

What to weigh

  • Only two-bedroom apartments were offered online in November 2026, priced from AED 3.6 million to AED 10.2 million.
  • DAMAC's payment plan and unit codes for this stock carry the Canal Crown 2 name; confirm the building and completion date in writing.
  • 60% of the price falls due within 15 months of purchase.
  • Business Bay continues to add new towers, which can weigh on rents and resale prices.

Questions buyers ask

What is the starting price at Altitude de GRISOGONO?

On 13 November 2026 DAMAC listed two-bedroom apartments from AED 3,621,000 to AED 10,233,000. Property Finder shows three-bedroom apartments from AED 5.7 million, which DAMAC's site did not list.

When is Altitude de GRISOGONO due for handover?

DAMAC and Property Finder both give the first quarter of 2028. Because DAMAC's plan for the listed units carries the Canal Crown 2 name, confirm the building and completion date in the sale agreement.

What is the payment plan at Altitude de GRISOGONO?

DAMAC's November 2026 plan (PP-648029) asks for 9% immediately, which includes the 4% DLD registration fee, then 55% in 14 instalments within 15 months of purchase and 40% on completion.

Which unit types are available at Altitude de GRISOGONO?

DAMAC describes studios and one, two and three-bedroom apartments, but in November 2026 its site offered only two-bedroom apartments, from 1,457 to 4,242 sq ft.

Who is the developer of Altitude de GRISOGONO?

Altitude de GRISOGONO is being developed by DAMAC Properties. About DAMAC Properties: Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers.

Can foreigners buy at Altitude de GRISOGONO?

Yes. Business Bay is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD.

Does buying at Altitude de GRISOGONO qualify for a Golden Visa?

Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Altitude de GRISOGONO, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our Golden Visa guide.

What fees are payable on top of the price at Altitude de GRISOGONO?

The main cost is the DLD transfer fee (4%). On the entry price of AED 3,621,000 that comes to about AED 144,840, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

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