Altitude de GRISOGONO Dubai is an off-plan residential tower in Business Bay, on the edge of the Dubai Canal, which DAMAC Properties lists as branded by de GRISOGONO with a project handover of Q1, 2028.

This profile reads the developer’s project page, two portal pages and the official Dubai registration pages as they stood on 13 November 2026, and shows each figure beside its source. The developer page prints no price, no unit count and no floor count, and the portals differ on floors, unit mix, payment plan and price, so the differences are set out in tables and not resolved. It is an information profile of a project, not an offer; availability and price are confirmed only in a written reservation document.
On the developer’s page, DAMAC places the tower in Business Bay, labels it off-plan and prints “Branded by de GRISOGONO” as the brand wording. The introduction block shows a payment plan of 60/40* and a project handover of Q1, 2028. Five amenity cards are listed: pool, promenade, solar, spa and pods. The unit card on the page shows one type, a two-bedroom apartment, while the developer’s FAQ says the tower will offer studios as well as one, two and three-bedroom apartments in multiple layouts.

The page does not print the tenure, a RERA or Dubai Land Department project number, an escrow bank, a unit count, a floor count, an architect or a contractor. Of the brand partnership it prints only the words above, and this profile says nothing more about it.
Sotheby’s Realty gives the address as Marasi Drive, on the south bank of the Dubai Canal. The map data on the developer page carries the coordinates 25.182357, 55.281266. A search-result snippet of a DAMAC blog page, which was not opened, describes the tower as the fourth in a series with Canal Heights 1, 2 and Canal Crown; that wording is the blog’s, not a figure confirmed here.
| Altitude de GRISOGONO Dubai: what each source prints | As published (13 November 2026) |
|---|---|
| Location | Business Bay, at the edge of the Dubai Canal (developer FAQ); Marasi Drive, south bank of the Dubai Canal (Sotheby’s) |
| Status | Off-plan (developer); off-plan, construction started 22 April 2024, no progress percentage (Property Finder) |
| Handover | Q1, 2028 (developer, Property Finder, Sotheby’s, Bayut listing); exact dates in section 2 |
| Buildings | Not printed by the developer; 1 (Property Finder) |
| Floors | Not printed by the developer; 38 (Bayut listing); 43 (Metropolitan Real Estate snippet); about 35 above a 3-level podium (another Bayut snippet); podium plus 35 residential floors and a roof (Realiste snippet, Arabic) |
| Total units | Not stated by any source seen |
| Unit types | 2-bedroom apartment only on the unit card (developer); studios and 1 to 3 bedrooms (developer FAQ); studio to 3 bedrooms, 440 to 2,035 sq ft (Sotheby’s); 2 and 3 bedrooms plus a duplex (Property Finder) |
| Tenure | Not printed by the developer; Freehold (Property Finder) |
| Brand | Branded by de GRISOGONO (developer wording) |
| Amenities listed | Pool, promenade, solar (sun beds), spa, pods (developer) |
The floor figures in the table are third-party snippets, each read as a search result and not as a primary document. They are shown together because they cannot all be right, and none is chosen here; the approved building permit and the sale contract are the documents that fix the floor count.
The developer prints no construction percentage. Property Finder records the start of construction as 22 April 2024 and an expected completion of 31 March 2028, with no progress figure. The developer’s page data carries one two-bedroom inventory record flagged as available, but no count of units remaining. No page read describes the tower as sold out, and none prints how many units are left.
| Source (date seen) | Handover as printed |
|---|---|
| Developer page (13 November 2026) | Project Handover Q1, 2028; page data date 31 March 2028 |
| Property Finder (13 November 2026) | Q1 2028 and March 2028; expected completion 31 March 2028 |
| Sotheby’s Realty (13 November 2026) | Handover Q1 2028 |
| Bayut listing 8665313 (added 21 June 2024; figures per the data file, the page returned HTTP 503 on a re-check on 13 November 2026) | Q1 2028 |
The four sources print the same quarter. Other years appear in aggregator snippets that were not opened, so they are not used. A quarter on a sales page is not a contractual date; the contract wording is covered in section 6.
The developer’s unit card reads “From Loading…”, because the figure is filled in by script. The page data holds integers that look like AED amounts multiplied by 100, and the developer’s project list shows 3,621,000 with a pound sign because the page was set to display in GBP while the data currency is AED.
The data file therefore infers AED 3,621,000 for the lowest two-bedroom unit by dividing the data integer by 100. That is an inference, not a printed price, and the table marks it so. USD figures are arithmetic at the pegged rate of 3.6725 per USD.
| Source (date seen) | Figure | AED | USD at 3.6725 |
|---|---|---|---|
| Developer page unit card | No price printed (“From Loading…”) | – | – |
| Developer page data, inferred (divide by 100) | 2-bedroom from; up to, 1,457 to 4,243 sq ft (135.4 to 394.2 m²) | 3,621,000 to 10,233,000 | about USD 985,977 to about USD 2,786,385 |
| Property Finder, starting price | Launch price 3.3M AED | 3,334,000 | about USD 907,828 |
| Property Finder, unit table | 2 beds from 3.3M (1,328 to 1,440 sq ft); duplex 2 beds from 3.4M (3,686 sq ft); 3 beds from 5.7M (2,014 sq ft) | 3,300,000; 3,400,000; 5,700,000 (rounded as printed) | about USD 898,570; about USD 925,800; about USD 1,552,076 |
| Sotheby’s Realty, price from | Studio to 3 bedrooms, 440 to 2,035 sq ft; currency read as AED | 1,100,000 | about USD 299,523 |
| Bayut listing, 21 June 2024 | 1 bed from 864 sq ft; 2 beds from 1,252 sq ft; 3 beds from 2,014 sq ft | 2.4M; 3.3M; 6.2M (rounded as printed) | about USD 653,506; about USD 898,570; about USD 1,688,223 |
The starting figures run from AED 1,100,000 to AED 3,621,000 and refer to different unit types (studio to three bedrooms in one source, two bedrooms in others), so they are not like-for-like. Unit sizes differ too: the developer data gives 1,457 sq ft as the smallest two-bedroom, Property Finder 1,328 sq ft, Bayut 1,252 sq ft. Listing prices are indications on portals or in press snippets, not DAMAC prices, and no per-area price is shown here because no source states one.
| Source | Plan as printed |
|---|---|
| Developer page | 60/40* (the asterisk is printed; its terms are not shown on the page) |
| Property Finder | Option 1: 20% down at launch, 55% during construction, 25% on handover. Option 2: 20% down, 80% during construction in 8 instalments (its FAQ text also adds 20% on handover, so the two statements differ). Option 3: 20% down, 55% during construction in 8 instalments, 25% on handover |
| Bayut listing (added 21 June 2024) | 70/30 |
| Metropolitan Real Estate (search snippet) | 70/30 with 20% booking |
| Inside Realty (search snippet) | 20% down, 50% during construction, 30% on handover |
The plan that applies to a unit is the one written into its sale agreement. A split such as 60/40 or 70/30 does not say when each part falls due, so the instalment dates or construction milestones are asked for in writing.
The developer’s FAQ says the tower is in Business Bay at the edge of the Dubai Canal, with the Burj area, The Dubai Mall, Dubai Opera, City Walk, the Jumeirah district and Sheikh Zayed Road “minutes away”. The Dubai Canal, according to Wikipedia, is a 3.2 km waterway that starts from Business Bay and runs to the Persian Gulf through Safa Park and Jumeirah; it was inaugurated on 9 November 2016.

The travel times below are the developer’s own, printed on the project page as minutes. The page does not state the mode of travel except for the airports, which are given as drive times, and the times were not measured independently for this profile.
| Category | Place | Time as printed by the developer |
|---|---|---|
| Shopping | The Dubai Mall; City Walk; Box Park | 5 mins each |
| Shopping | Oasis Mall; Mall of the Emirates | 10 minutes; 15 minutes |
| Healthcare | Emirates Hospital; Mediclinic The Dubai Mall | 5 mins each |
| Healthcare | Medcare Hospital Al Safa; Aster Clinic; Prime Medical Centre | 10 mins; 20 mins; 25 mins |
| Schools | Al Ittihad School; Safa British School | 5 mins each |
| Schools | Horizon International School; The English College; JSS Private School | 10 mins; 15 mins; 15 mins |
| Hotels | JW Marriott Marquis; Habtoor Palace; The Oberoi | 5 mins each |
| Airports | Dubai International Airport | 20-minute drive |
| Airports | Al Maktoum International Airport | 35-minute drive when fully operational |
These are location facts printed by the seller. The developer page gives no information on parking, metro access or service charges for this tower.
The rules below are quoted from official Dubai sources read on 13 November 2026. They apply to any off-plan purchase in Dubai, including this tower; they are not a statement that this tower meets each of them, which is for the registers and the sale contract to show.

Who may buy. Under Law No. 7 of 2006, as printed in the Dubai legislation compendium of Dubai Land Department, ownership of real property in Dubai is restricted to UAE and GCC nationals and their wholly owned companies, and non-UAE nationals may, in areas determined by the Ruler and subject to approval, be granted freehold ownership or a usufruct or leasehold of up to 99 years.
Regulation No. 3 of 2006 lists the first areas, a list dating from that year, so the areas open to foreign buyers are confirmed with Dubai Land Department for the plot in question. The developer page prints no tenure for this tower; Property Finder prints Freehold. The tenure of the unit is read in the contract and confirmed with Dubai Land Department. See also can foreigners buy apartments in Dubai and freehold versus leasehold in Dubai on this site.
Registration and fees. DLD’s service to register the initial sale of off-plan units runs through its Oqood portal and lists the fees as the seller 2% and the purchaser 2% of the sale value, plus AED 10 knowledge and AED 10 innovation fees.
A DLD news item of 31 May 2021 says that the 4% of the property value is paid according to the agreement between seller and buyer. Property Finder shows a 4% government fee for this project. As arithmetic only, 4% of AED 3,334,000 is AED 133,360 and 4% of the inferred AED 3,621,000 is AED 144,840.
Escrow and project registration. Law No. 8 of 2007, in the English text of the same compendium, requires a developer who wishes to sell off-plan to ask DLD to open an escrow account (Article 6). The account is opened under a written agreement with an escrow agent in the name of the project (Article 7), is dedicated to construction of that project and cannot be attached by the developer’s creditors (Article 9).
After the completion certificate, the agent retains 5% of the account’s total value until one year from the registration of units in the purchasers’ names (Article 14). The compendium notes that the Arabic text prevails.
DLD’s register-project service describes project registration with an escrow account for off-plan sales, and its FAQ says progress can be checked through the project status tracking pages.
Payment schedule and construction stage. DLD’s escrow activation service page ties a developer’s request to activate disbursement from the escrow account to a recent technical report issued by DLD. The percentage splits printed by sellers, such as the plans in section 2, are commercial terms and are not DLD schedules; the sensible check is to compare each instalment in the contract with the project’s recorded progress on the DLD project status page.
Golden Visa. The UAE government portal u.ae lists real estate among the Golden visa categories, with a minimum capital of AED 2 million and, for the real estate route, property ownership.
This page does not claim residence or Golden Visa eligibility for any unit of this tower. The qualifying value, the treatment of off-plan and mortgaged purchases and the documents are set and checked by the authority, and the explanation on this site is in the Dubai Golden Visa guide. Mortgage questions are in mortgage in Dubai for foreigners, and recurring ownership costs in property tax in Dubai; older figures in guides should be checked against the sources named there.
| Step | Who | Official source |
|---|---|---|
| Project registered, escrow account opened in the project name | Developer, DLD, escrow agent | Law No. 8 of 2007, Articles 6, 7 and 9; DLD register-project service |
| Sale agreement signed for a named unit | Buyer, developer | Terms in the contract; DLD requires the signed contract to register the sale |
| Initial sale registered through the Oqood portal | Developer, buyer | DLD service to register the initial sale |
| DLD registration fees paid as the contract agrees | Buyer and seller | DLD service page; DLD news item of 31 May 2021 |
| Instalments paid into the project escrow account | Buyer | Law No. 8 of 2007, Article 7 |
| Completion, handover and title | Developer, DLD | Law No. 8 of 2007, Article 14 for the 5% retention |
DAMAC Properties is a Dubai developer; Wikipedia gives its headquarters as Dubai. A press release of 20 November 2024 says that since its founding in 2002 DAMAC has launched over 75 towers, and that it had delivered more than 47,000 homes, with over 40,000 more in planning and development. Wikipedia gives 28 January 1982 as the date the group was founded, so the two dates are shown as reported, not reconciled.

A second release, of 4 September 2026, says more than 50,000 homes have been handed over and that 55,000 or more units are in planning and development, with 8,800 or more units targeted for delivery in 2026 in other DAMAC communities.
Both are the company’s own statements. The 2024 release names Hussain Sajwani as founder and chairman. At this tower the only partnership printed is the de GRISOGONO branding line. The profile of the developer on this site is DAMAC Properties, and the wider list is at Dubai developers.
Because the developer page prints no price list, unit availability, project number or escrow details, the usual file of a Dubai off-plan purchase is assembled from the seller. The list below is what a buyer asks for in writing before paying a reservation deposit.

Any answer given only in a conversation or on a portal should be put into the contract or a signed document before payment; the authority’s own records are the reference where the seller’s paperwork and a portal differ.
The developer prints Project Handover Q1, 2028, and its page data carries 31 March 2028. Property Finder, Sotheby’s Realty and a Bayut listing of 21 June 2024 also print Q1 2028. The date that binds the developer is the one written in the sale agreement.




The developer page prints no price. Sources differ: AED 3,621,000 inferred from the developer data for a two-bedroom, a Property Finder starting price of AED 3,334,000, and a Sotheby’s price from AED 1,100,000. At 3.6725 per USD these are about USD 985,977, USD 907,828 and USD 299,523.
The developer page prints no tenure. Property Finder prints Freehold as the ownership type. Tenure is read in the contract and confirmed with Dubai Land Department; this profile does not decide it.
The developer prints neither. Third-party snippets give 38, 43 and about 35 floors above a podium, and no source seen states a unit total. Figures from the building permit and the contract are the ones to rely on.
The developer prints 60/40* without the terms of the asterisk. Property Finder lists three 20% down options, and other sources print 70/30 or 20/50/30. The plan for a unit is the one in its sale agreement.
This page does not claim it. The UAE government portal lists a minimum capital of AED 2 million for the real estate category, and the authority checks the qualifying value, the type of purchase and the documents for each case.
The table lists other DAMAC projects with a profile on this site, and existing listings in Business Bay and the wider Dubai portfolio. Entries describe only what the profile or listing covers; none is a ranking or a comparison of quality.
| Project | Area | What the profile covers |
|---|---|---|
| DAMAC Canal Heights 2 de GRISOGONO Dubai | Business Bay (developer data) | de GRISOGONO co-branded tower; developer prints Project Handover Q3, 2027 |
| Couture by Cavalli Dubai | Business Bay (developer data); area labels differ by source | Cavalli-branded building; developer prints Project Handover Q2, 2027 |
| Safa One de GRISOGONO Dubai | Sheikh Zayed Road (developer data) | Information profile; handover and price figures differ by source |
| Safa Two de GRISOGONO Dubai | Sheikh Zayed Road (developer data) | Information profile; the same project also has a separate entry, Safa Two de GRISOGONO Tower B |
| Celestia, Dubai South | Dubai South | Existing DAMAC listing on this site |
| The Quayside by Ellington | Business Bay | Existing listing by another developer |
| The Crestmark by Ellington | Business Bay | Existing listing by another developer |
| Bayz by Danube | Business Bay | Existing listing by another developer |
For the wider picture, the UAE page, the Dubai page and the Dubai market guide on this site list the other properties, and the off-plan buyers guide explains the general steps for an off-plan purchase.
Last checked: 13 November 2026. Sources:
This is not legal, tax or financial advice.
