DAMAC Altitude by DAMAC Properties

🏙️ Project Snapshot

Developer: DAMAC Properties in collaboration with de GRISOGONO

Location: Business Bay, directly overlooking Dubai Canal with prime skyline and Burj Khalifa views 

Tower Configuration: High-rise tower with 3 basements, ground floor, 3 podium levels, 35 residential floors, plus rooftop 

📅 Timeline & Payment Plans

Handover: Targeted Q1 2028 (some sources mention Jan 2027; likely updated to 2028) 

Payment structure:

20% on booking/down payment

55–60% during construction (typically via 8 installments)

20–30% upon handover 

🏠 Available Units & Starting Prices

Unit Type             Starting Price (AED)          Size Range (approx.) 

Studio    1,180,000–1,100,000      ~401–478 sq ft 

1 Bedroom          ~1.93 m              

2 Bedroom          ~3.30 m              

3 Bedroom          ~6.28 m–6.8 m  

Developers also offer duplex and full-floor units ranging from ~440 sq ft to 3,900+ sq ft  .

🌟 Highlights & Amenities

Signature design by de GRISOGONO

Panoramic canal/Burj Khalifa views, especially from upper floors 

 Amenities include infinity podium pool, solar-powered sun loungers, meditation decks, hydrotherapy spa, beauty bar, gym, retail promenade, and landscaped gardens 

Each unit includes a balcony and at least one parking space 

💼 Resale & Market Feedback 

Resale listings currently show 1‑BR resale units from AED 2.17 m to AED 2.63 m, 2‑BR from AED 2.4 m to AED 3.33 m, and 3‑BR around AED 6.27 m–6.34 m 

Community sentiment: Some off-plan buyers are cautious, citing limited near-term appreciation and developer reputation variability, though location and views are strong positives 

✅ Summary

DAMAC Altitude presents a luxury canal-side living opportunity in Business Bay featuring high-end finishes, strong architectural design, and comprehensive amenities. The 20/55/25 payment plan makes it accessible for investors. Launch prices range from AED 1.18 m for studios to over AED 6 m for 3‑BR units. Market resale values show moderate appreciation so far, with demand tied to unit size, view, and floor level.