303 200 €
303 200 €
Sale price | 303 200 € |
Price per square meter | 7 395.11 € |
Floor area | 41 m² |
Total number of rooms | 1 |
Number of bedrooms | 1 |
Number of bathrooms | 1 |
Construction phase | Off-plan |
Facility completion deadline | 2028 1К |
Address | UAE, Dubai, Altitude de GRISOGONO raspolozhen ryadom s Marasi Dr |
Type | Single-room Apartment |
Altitude de GRISOGONO is a 43-storey branded complex in Business Bay. This is a joint project between the developer DAMAC Properties and the premium jewelry brand de GRISOGONO. It features a collection of studios, 1-3 bedroom apartments and just two two bedroom duplexes. You can also buy an entire floor in the complex.
The area of residences is from 41 sq. m. m up to 385 sq. m. The layouts include a balcony, laundry room and powder room, and the duplexes are complemented by a maid's bedroom and a private terrace.
Altitude de GRISOGONO kitchens will have porcelain countertops, a stainless steel sink and appliances - refrigerator, stove, hood, washing machine. The bedrooms are equipped with built-in wardrobes.
Altitude de GRISOGONO will create amazing recreational infrastructure:
infinity pool;
sun loungers with solar panels;
"sphere of calm";
garden in space style;
beauty bar;
Gym;
spa;
floating therapeutic capsules;
observatory for observing stars;
children's play area;
Observation deck;
large lobby;
shopping promenade.
Altitude de GRISOGONO is located next to Marasi Dr, which has easy access to Al Khail Rd, one of Dubai's key highways. Thanks to this, you can reach Dubai International Airport, Dubai Marina and Palm Jumeirah in a maximum of 20 minutes.
There are two bus stops near the complex: Volante Dubai Tower 1 and Volante Dubai Tower 2.
Among the nearest supermarkets, medical centers and other infrastructure facilities:
Gala Supermarket;
Florence Medical Center;
LIFE Pharmacy - Life Mayfair;
Maple Bear Nursery Business Bay.
It will take about 10 minutes by car to a number of popular attractions in Dubai - Coca-Cola Arena, Dubai Mall, Dubai Opera, Burj Khalifa, The Dubai Fountain, Winter Garden at Habtoor Palace Dubai, etc.
Economic attractiveness
The developer offers an attractive 70/30 payment plan, which includes a 20% booking fee. During construction and upon completion in the first quarter of 2028, 50% and 30% must be paid.
As of the first quarter of 2024, the average return on investment for one-bedroom apartments in Business Bay is 6.4%, and the starting rental price is AED 53 thousand (USD 14 thousand) per year. Therefore, you can count on stable passive income from renting out a residence in Altitude de GRISOGONO.
According to DAMAC Properties, from the first quarter of 2021 to the fourth quarter of 2023, the capital value of apartments in Business Bay increased by 73%. This was facilitated by the growing influx of tourists and expats. This trend confirms that you will be able to profitably resell your property in this complex, even if it is still under construction.
Owners of a residence in Altitude de GRISOGONO are eligible for a 2-year or 10-year visa depending on the cost of the property. Both allow you to sponsor a family, and the 10-year Golden Visa