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 Nov 9, 2026, Dubai Land Department recorded 487 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay. Their median price is AED 2,642 per sq ft (about AED 1,168,000 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), 1% 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
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 2,670 per sq ft
Similar off-plan homes: AED 2,642 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you 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.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 236,000+ AED 47,200 DLD fee
AED 283,200
Dec 2026While it is built · 50%
While it is built
50%
AED 590,000
AED 873,200
Jan 2027Keys · 30%
Keys
30%
AED 354,000
AED 1,227,200
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
Total costPrice plus the DLD fee
AED 1,227,200
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.
A mortgage at the keys
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.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
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 487 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay, from Nov 10, 2025 to Nov 9, 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 487 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,642 per sq ft
AED 1,678 to AED 2,028 per sq ft
18 sales
AED 2,028 to AED 2,378 per sq ft
71 sales
AED 2,378 to AED 2,727 per sq ft
191 sales
This project's from price is in this band.
AED 2,727 to AED 3,077 per sq ft
82 sales
AED 3,077 to AED 3,427 per sq ft
46 sales
AED 3,427 to AED 3,777 per sq ft
65 sales
AED 3,777 to AED 4,127 per sq ft
8 sales
AED 4,127 to AED 4,477 per sq ft
6 sales
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 2,457 to AED 3,119 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,678 to AED 2,028 per sq ft
18
AED 2,028 to AED 2,378 per sq ft
71
AED 2,378 to AED 2,727 per sq ft
191
AED 2,727 to AED 3,077 per sq ft
82
AED 3,077 to AED 3,427 per sq ft
46
AED 3,427 to AED 3,777 per sq ft
65
AED 3,777 to AED 4,127 per sq ft
8
AED 4,127 to AED 4,477 per sq ft
6
The 3 closest sales
Picked from the 487 similar sales above, closest in size to this project's smallest home.
Dec 2025AED 1,292,000AED 2,920 per sq ftCANAL HEIGHTS, 443 sq ft
Jun 2026AED 913,000AED 2,070 per sq ftBinghatti Aquarise - TOWER C, 441 sq ft
Mar 2026AED 1,138,999AED 2,582 per sq ftBinghatti Aquarise - TOWER B, 441 sq ft
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.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 1,180,000 here
Off-plan medianAED 1,204,000AED 2,667 per sq ft
Sales868
1% above 487 similar sales
1-bed apartment
Off-plan medianAED 2,291,000AED 2,671 per sq ft
Sales1,749
2-bed apartment
Off-plan medianAED 3,570,000AED 2,691 per sq ft
Sales953
3-bed apartment
Off-plan medianAED 5,829,000AED 3,046 per sq ft
Sales219
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
6.2%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.9%
Typical gross yield of similar ready homes
7.4%
Median rent of studio apartments in Business Bay
AED 73,000 a year
Service charge a year, from the keysThe area median, AED 30 per sq ft from 36 buildings, as of 2024, for the smallest home (442 sq ft)
AED 13,260
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
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 1.0% above 487 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 487 studio off-plan sales in Business Bay in the 12 months to November 2026. The from price per square foot is 1.0% 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.
