Altitude de Grisogono
Business Bay , Dubai
AED 1,180,000
≈
AED 1,180,000
Free Residency Visa
Construction Progress20%
Description
Positioned along the breathtaking Dubai Canal in the lively Business Bay, Altitude de GRISOGONO exists as a symbol of opulence. A project by DAMAC Properties, it offers studios, 1, 2 and 3-bedroom apartments. The in-house facilities will include an outdoor swimming pool with sun beds powered by solar energy, a children's play area, a fitness centre and temperature-controlled flotation pods.
A short drive from Altitude will take you to the urban recreational spots of City Walk and the everlasting charm of Jumeirah Beach, providing residents with unmatched access to both contemporary conveniences and natural beauty.
Amenities & Features
Gym or Health Club
Swimming Pool
Kids Play Area
Property Details
CompletionOff-Plan -
Q1 2027
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,180,000
DLD Fee (4%)AED 47,200
Trustee FeeAED 4,200
Agency (2%)AED 23,600
Total
InvestmentAED 1,255,000
Expected Annual Returns
Expected Annual RentAED 97,940
Service Charges (Est)-AED 6,600
Net Annual
IncomeAED 91,340
Net Annual ROI7.3% (after expenses)
Payback Period13.7 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa1.8 km
Dubai Mall1.7 km
Dubai Airport (DXB)11.6 km
Mall of the Emirates10.7 km
Dubai Marina18.2 km