Altitude de GRISOGONO By Damac

  • AED 1,180,000
Downtown Dubai, Dubai, United Arab Emirates
For Sale Off-Plan Waterfront
Altitude de GRISOGONO By Damac
Downtown Dubai, Dubai, United Arab Emirates
  • AED 1,180,000

Overview

  • Apartment, Studio, Apartments, Duplexes, Residential
  • Property Type
  • Studio-3BR
  • Bedrooms
  • 440-2035
  • Sqft

Description

Altitude de GRISOGONO, an upscale residential enclave nestled in the bustling heart of Business Bay, stands as a distinguished project by DAMAC Properties, with an expected completion date in Q1 2028.

Featuring an array of residences, including studios, 1–3 bedroom apartments, and 2-bedroom duplexes, the waterfront complex offers diverse property sizes ranging from 440 sq. ft to 4,140 sq. ft. Prospective investors have the option to acquire a complete floor, providing an opportunity to create a spacious personal residence or rent out multiple units simultaneously. Every residence boasts breathtaking views of the canal and the iconic Burj Khalifa.

Altitude de GRISOGONO residents are treated to an array of luxurious amenities, such as solar-powered sun loungers, floating therapy pods, a beauty bar, a scenic promenade, an infinity lap pool, and a rooftop observation deck. The development’s standout feature is the captivating planet-inspired garden. Designed with families in mind, the complex features a dedicated children’s playground within its premises.

Altitude de GRISOGONO finds itself enveloped by renowned landmarks, predominantly situated in the vibrant locale of Downtown Dubai. Notable attractions in close proximity include the record-setting Burj Khalifa, a towering skyscraper that houses an observation deck and an array of upscale restaurants. Another nearby gem is the Dubai Mall, the world’s largest shopping and entertainment hub, offering an extensive range of retail outlets and a cinema. The travel time to these iconic destinations is approximately 10 minutes by car.

Positioned in the thriving business hub of Business Bay, Altitude de GRISOGONO proves to be an ideal residence for business professionals. Its family-centric infrastructure and spacious living areas also make it an appealing choice for larger families with children.

Prospective investors have the option to acquire a residence in Altitude de GRISOGONO for rental purposes. The average annual rental price for a 1-bedroom apartment in the vicinity stands at AED 105,000 (USD 28,600), with an average property ROI ranging between 6-7% in Business Bay. Another investment avenue involves purchasing an off-plan property for future resale at a higher value.

Foreign property owners are eligible to apply for a 2-year visa, and those investing in a residence valued at a minimum of AED 2 million (USD 545,000) can seek a coveted 10-year UAE Golden Visa. Both visa options extend sponsorship privileges to include spouses and children.

Details

Updated on November 14, 2024 at 4:52 am
  • Price: AED 1,180,000
  • Property Size: 440-2035 Sqft
  • Bedrooms: Studio-3BR
  • Property Type: Apartment, Studio, Apartments, Duplexes, Residential
  • Property Status: For Sale, Off-Plan

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