Skip to content
  • Altitude Tower, image 1
  • Altitude Tower, image 2
  • Altitude Tower, image 3
  • Altitude Tower, image 4
  • Altitude Tower, image 5
  • Altitude Tower, image 6
  • Altitude Tower, image 7

Swipe for more

Altitude Tower, Business Bay: photos

Off-planKeys Jan 2027

Altitude Tower

New homes in Business Bay, by DAMAC Properties

New homes in Altitude Tower start at AED 1,180,000; keys are due Jan 2027; you pay 20% to book, 50% while it is built and 30% at the keys.

In the 12 months to Oct 19, 2026, Dubai Land Department recorded 609 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay. Their median price is AED 2,604 per sq ft (about AED 1,151,000 at 442 sq ft). This project's from price is AED 2,670 per sq ft (AED 1,180,000 for its smallest home, 442 sq ft), 3% more.

Keys
Jan 2027
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
Studio to 3 beds
Sizes
442 to 2,025 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.

Dubai Land Department register

From price per sq ft
AED 2,670 per sq ft
Similar off-plan homes: AED 2,604 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.

Paying for it

You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.

WhenStageShareAmount
NowBooking20%AED 236,000
Dec 2026While it is built50%AED 590,000
Jan 2027Keys30%AED 354,000
By Dec 2026 you will have paid AED 826,000, 70% of the price.Still to pay: AED 354,000.
Booking payment, 20%
AED 236,000
Dubai Land Department fee (Oqood), 4%
AED 47,200
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 283,200
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

Before you buy

Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 30 per sq ft a year in 2024, from 36 buildings on the Dubai Land Department register. For the smallest home (442 sq ft) that is about AED 13,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

Dubai Land Department recorded 609 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

We compare with off-plan sales across Business Bay, as this project isn't on the Dubai Land Department register yet or has too few sales.

Dubai Land Department recorded 609 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 2,604 per sq ft

AED 1,678 per sq ftAED 4,477 per sq ft

This project AED 2,670 per sq ft

Half of the sales sold for AED 2,409 to AED 3,062 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table
Price per sq ftSales
AED 1,678 to AED 2,028 per sq ft29
AED 2,028 to AED 2,378 per sq ft107
AED 2,378 to AED 2,727 per sq ft240
AED 2,727 to AED 3,077 per sq ft90
AED 3,077 to AED 3,427 per sq ft56
AED 3,427 to AED 3,777 per sq ft73
AED 3,777 to AED 4,127 per sq ft8
AED 4,127 to AED 4,477 per sq ft6

The 3 closest sales

Picked from the 609 similar sales above, closest in size to this project's smallest home.

  1. Dec 2025AED 1,292,000AED 2,920 per sq ftCANAL HEIGHTS, 443 sq ft
  2. Jun 2026AED 913,000AED 2,070 per sq ftBinghatti Aquarise - TOWER C, 441 sq ft
  3. Mar 2026AED 1,138,999AED 2,582 per sq ftBinghatti Aquarise - TOWER B, 441 sq ft

Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

The median price of off-plan homes with the same number of bedrooms that sold in Business Bay in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

TypeOff-plan medianSalesAgainst similar sales
Studio apartmentFrom AED 1,180,000 hereOff-plan medianAED 1,204,000AED 2,667 per sq ftSales8683% above 609 similar sales
1-bed apartmentOff-plan medianAED 2,291,000AED 2,671 per sq ftSales1,749
2-bed apartmentOff-plan medianAED 3,570,000AED 2,691 per sq ftSales953
3-bed apartmentOff-plan medianAED 5,829,000AED 3,046 per sq ftSales219

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price
6.2%
Typical for similar ready homes
7.4%
Median rent of studio apartments in Business Bay
AED 73,000 a year
Rent contracts counted
2,745
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 73,000 a year
1-bed apartment
AED 98,000 a year
2-bed apartment
AED 140,000 a year
3-bed apartment
AED 200,000 a year

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 73,000 ÷ AED 1,180,000 = 6.2%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

  • Business Bay Metro Station1.5 km, 4 min driveMetro station
  • Mercato Beach4.4 km, 11 min driveBeach
  • Business Bay creek front250 m, 4 min walkWaterfront
  • GEMS Our Indian School1.8 km, 5 min driveSchool
  • Horizon English School2.4 km, 6 min driveBritish school
  • Dubai International School1.8 km, 6 min driveAmerican school
  • Hartland International School3.1 km, 11 min driveIB school
  • JSS School2.3 km, 7 min driveIndian school
  • Bay Avenue ​Mall1.1 km, 18 min walkMall
  • Nexx Home Healthcare Services1.3 km, 3 min driveHospital
  • Business Bay100 m, 2 min walkOffices
  • Bayside Park 3400 m, 6 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Altitude Tower

Altitude Tower is a DAMAC Properties tower in Business Bay that carries the de GRISOGONO brand, with studio to three-bedroom apartments from AED 1,180,000. The listed handover is January 2027, and the from price per square foot is 2.5% above 609 studio off-plan sales in Business Bay.

The listed handover is January 2027, about two months away. Ask DAMAC for a construction update and when it expects the completion certificate. If you can, visit the site. The developer says the tower overlooks the Dubai Canal.

The Dubai Land Department lists 609 studio off-plan sales in Business Bay in the 12 months to October 2026. The from price per square foot is 2.5% above their median. Those sales cover the whole area, so also ask what recent buyers in this tower have paid.

The plan is 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 236,000 on booking, AED 590,000 during construction and AED 354,000 at handover. Separately, the 4% DLD fee comes to AED 47,200; ask when it is due. Get the dated schedule for the construction payment.

Apartments run from studios to three bedrooms, about 442 to 2,025 sq ft. Facilities include a spa and beauty bar, a pool with sunbeds, flotation pods and pods for star-gazing. The Business Bay creek front is about 270 m away and a clinic about 350 m. Business Bay Metro Station is about 1.5 km away, around 4 minutes by car, and GEMS Our Indian School is about 1.8 km away.

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

  • 1 BR
  • 2 BR
  • 3 BR
  • Studio

Altitude Tower: floor plans

How prices moved

Median price of studio apartments in Business Bay, over the 12 months to each dateDown 6% from Dec 2024 to Sep 2026.

Dec 2024AED 2,832 per sq ft

Sep 2026AED 2,667 per sq ft

Show as table
12 months toMedian priceSales
Sep 2026AED 2,667 per sq ft868 sales
Jun 2026AED 2,706 per sq ft2,699 sales
Mar 2026AED 2,678 per sq ft3,291 sales
Dec 2025AED 2,658 per sq ft3,689 sales
Sep 2025AED 2,636 per sq ft3,804 sales
Jun 2025AED 2,601 per sq ft2,413 sales
Mar 2025AED 2,783 per sq ft2,312 sales
Dec 2024AED 2,832 per sq ft2,018 sales

Off-plan sales registered with the Dubai Land Department.

Questions about this project

Which developer is behind Altitude Tower?

DAMAC Properties. The tower is in Business Bay and carries the de GRISOGONO brand.

How does the price compare with recent sales in Business Bay?

The from price per square foot is 2.5% above the median of 609 studio off-plan sales in Business Bay over the 12 months to October 2026.

When is handover?

The listed handover is January 2027. Ask DAMAC for a construction update and the expected completion certificate date.

How much do I pay before handover?

70% of the price: AED 236,000 on booking and AED 590,000 during construction at the from price. The other AED 354,000 is due at handover.

Can foreigners buy here?

Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.

How close is the metro?

Business Bay Metro Station is about 1.5 km away, around 4 minutes by car.

More projects in Business Bay

See every project in Business Bay
  • Avarra by Palace Business Bay, image 1
    Keys Jun 2031

    Business Bay

    Avarra by Palace Business Bay

    by Emaar Properties

    1 to 6 beds · ⁦10 / 80 / 10⁩ plan

    FromAED 2,700,000

    32% above 773 similar sales
  • BAYZ 101 BY DANUBE, image 1
    Keys Jun 2028

    Business Bay

    BAYZ 101 BY DANUBE

    by Danube

    Studio to 4 beds · ⁦10 / 63 / 27⁩ plan

    FromAED 1,175,000

    8% below 40 similar sales
  • BAYZ 102 by Danube, image 1
    Keys Dec 2028

    Business Bay

    BAYZ 102 by Danube

    by Danube

    Studio to 4 beds · ⁦10 / 59 / 31⁩ plan

    FromAED 1,350,000

  • Binghatti Aquarise, image 1
    Keys Jun 2027

    Business Bay

    Binghatti Aquarise

    by Binghatti

    Studio to 4 beds · ⁦20 / 50 / 30⁩ plan

    FromAED 1,110,000

    In line with 146 similar sales
  • Binghatti Skyhall, image 1
    Keys Dec 2026

    Business Bay

    Binghatti Skyhall

    by Binghatti

    Studio to 1 bed · ⁦20 / 50 / 30⁩ plan

    FromAED 985,000

    9% below 46 similar sales
  • Binghatti Skyrise, image 1
    Keys Dec 2026

    Business Bay

    Binghatti Skyrise

    by Binghatti

    Studio to 3 beds · ⁦20 / 50 / 30⁩ plan

    FromAED 975,000

    20% below 216 similar sales

We use cookies to see how the site is used and improve it. Cookie settings