Palm Jumeirah AED 3,548/sqftDubai Maritime City AED 3,132/sqftDowntown Dubai AED 2,855/sqftDubai Islands AED 2,754/sqftDubai Creek Harbour AED 2,558/sqftBusiness Bay AED 2,487/sqftDubai Hills Estate AED 2,464/sqftDubai Marina AED 2,458/sqftJumeirah Lakes Towers AED 2,322/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,585/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,324/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,548/sqftDubai Maritime City AED 3,132/sqftDowntown Dubai AED 2,855/sqftDubai Islands AED 2,754/sqftDubai Creek Harbour AED 2,558/sqftBusiness Bay AED 2,487/sqftDubai Hills Estate AED 2,464/sqftDubai Marina AED 2,458/sqftJumeirah Lakes Towers AED 2,322/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,585/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,324/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO NOV 2026
Tower at Altitude de Grisogono — Business Bay, waterfront — Mitchell's Commercial Real Estate

DAMAC Properties

Altitude de Grisogono

Business Bay · Dubai

Altitude de Grisogono by DAMAC Properties: a 40-storey Business Bay tower beside the Dubai Water Canal with studios, one and two-bedroom apartments and duplexes.

Unit typesApartments
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At a glance

Project summary

3 lines
Developer
DAMAC Properties
Community
Business Bay, Dubai
Unit mix
Apartments

The brief

About this project

Altitude de Grisogono by DAMAC Properties in Business Bay

Altitude de Grisogono, a residential tower by DAMAC Properties, is under construction in Business Bay, Dubai, directly beside the Dubai Water Canal. DAMAC is delivering it through One Quantem, a subsidiary, and the tower takes its name from de Grisogono, the Geneva jewellery house DAMAC worked with on the scheme.

The project began life under the working name Canal Crown 2 and took the name Altitude when sales formally opened. The design theme throughout is the opal, a gemstone known for the way its colours shift with the light, and the interior design draws on it.

Former name
Canal Crown 2
Brand partner
de Grisogono, jewellery and watch house, Geneva
Location
Business Bay, Dubai, beside the Dubai Water Canal
Building
Residential skyscraper of 40 storeys
Basement
3 levels, used for parking
Apartments
Studios, 1 and 2 bedrooms
Other units
Duplex units; townhouses with garden spaces
Status
Under construction

The building and its units

Altitude rises 40 storeys over a basement of three levels, all of which hold car parking.

The units listed for the tower run from studios to one- and two-bedroom apartments, with duplex units as well. The tower is also listed as containing a number of townhouses, each with a garden space.

Inside the apartments, the specification calls for a neutral palette and clean lines, with layouts arranged to make the most of natural light. The lobby is designed around flowing lines, with iridescent details and reflective finishes.

Amenities

The leisure facilities specified for the tower, with the pool and sun loungers on the podium level, are:

  • a swimming pool
  • sun loungers that run on solar power
  • pods beside the pool set aside for stargazing at night
  • a gymnasium

A separate wellness offer is specified alongside them:

  • a spa and a salon
  • a beauty bar stocked with skincare products
  • hydrotherapy services
  • therapy pods offering hot and cold treatments
  • flotation pods with temperature control

The de Grisogono brand

Founded in Geneva in 1993, de Grisogono makes jewellery and watches. The house became known for unconventional designs and for black diamonds, a stone rarely seen in high-end jewellery until it took them up, and its collections set large coloured stones in sculptural mounts. It went on to open boutiques across several international markets.

In January 2020 the company entered bankruptcy proceedings in Switzerland. Two years later DAMAC's wider group bought the brand, with the aim of reviving it as a jeweller rooted in Geneva. The brand partner on Altitude and its developer therefore sit within the same group.

In depth

In depth

Detail, in the order it was written

Location: Business Bay

Business Bay is a freehold district on the Dubai Canal, the waterway that runs from Deira, where it leaves Dubai Creek, to the sea at Jumeirah Beach. Its master developer is Dubai Properties Group, and it lies about 1.5 km from Burj Khalifa. The district takes in 64 million sq ft of freehold projects: towers for offices and for residents, landscaped gardens, roads and waterways. Since the 2008 downturn, residential buildings have taken a larger share of the district compared with commercial ones.

Al Habtoor City, which fronts Sheikh Zayed Road, was the first major scheme on the canal; it covers 10 million sq ft and pairs three residential towers with three hotels carrying five-star ratings. Bay Square and Bay Avenue Mall & Park are completed sub-communities within the district.

What is close to the tower

Three parks lie within about 1.3 km: Business Bay South Park about 1.0 km away, Bayside Park 7 about 1.2 km away and Business Bay East Park about 1.3 km away. KidZania is about 1.4 km away, and the Fountains at Dubai Mall about 1.6 km.

For films, there is a Paramount-branded screening room in DAMAC Towers about 1.1 km away, Cinema City inside the Address Dubai Mall hotel about 1.4 km away, and Reel Cinemas inside Rove Downtown about 2.3 km away. The nearest golf is The Track Meydan Golf, about 3.8 km away, with Dubai Hills Golf Club about 7.0 km away and the Dubai Creek golf and yacht club about 8.8 km away.

Neighbouring districts include Downtown Dubai, about 1.7 km away; District One, about 1.8 km away; Sobha Hartland, about 2.8 km away; City Walk, about 3.1 km away; and Dubai International Financial Centre, about 3.5 km away.

Day-to-day shops sit within a few hundred metres. There are supermarkets in Fairview Residency, about 0.2 km away, and in Bayz by Danube, about 0.3 km away, while the Bay Square buildings, roughly 0.3 to 0.4 km away, house a pharmacy, a dental clinic, a medical clinic and a gym. Hotels within 0.5 km include Hyde Hotel Dubai and The First Collection Waterfront at about 0.2 km, Holiday Inn Business Bay at about 0.3 km, the Business Bay Hilton Garden Inn at about 0.4 km and a DoubleTree by Hilton at about 0.5 km.

For schooling, Hartland International School in Sobha Hartland is about 2.3 km away. Fourteen schools in the surrounding area hold one of the two top grades in Dubai's government school inspections, Very Good or Outstanding; Jumeirah English Speaking School and Horizon English School Dubai are both rated Outstanding.

Getting around

Two highways run the full length of Dubai, Al Khail Road and Sheikh Zayed Road, and Business Bay connects to each. Work on phase 2 of Business Bay's Parallel Roads Improvement Project finished in June 2018: it widened the western parallel roads between Al Meydan Street and Financial Street from three lanes to four in each direction and added service roads along most of the route. The RTA has also converted key streets in the district into dual carriageways and added lanes at busy junctions.

Business Bay Metro station serves the district by rail. The canal itself is 100 metres wide, and landing stations on both banks serve private boats and water buses, linking Business Bay by water with Dubai Creek, Jumeirah, Al Wasl and Sheikh Zayed Road.

About DAMAC Properties

DAMAC Properties is developing Altitude de Grisogono through One Quantem, a company within its group. The same group owns the de Grisogono brand that gives the tower its name.

Enquire about Altitude de Grisogono

Mitchell's Commercial Real Estate acts for buyers, not developers. If you are considering a unit in Altitude de Grisogono, we can check the unit, its plan and its paperwork against the developer's sales documents before you commit, and set it alongside other canal-side towers in Business Bay. Contact us to talk it through. Our buying costs calculator sets out the fees on a purchase.

Location

Area and connectivity

Altitude de Grisogono is in the Business Bay area.

Location record
Area
Business Bay

Area and community are from our own project record.

Area and community: our own project record. Neither is a survey.

Location

Altitude de Grisogono — Business Bay

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The developer

DAMAC Properties

DAMAC Properties is the developer named on this brief.

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Questions

Common questions

Where is Altitude de Grisogono?

Altitude de Grisogono is being built in Business Bay, Dubai, directly beside the Dubai Water Canal. Business Bay South Park is about 1.0 km away and the Fountains at Dubai Mall about 1.6 km away.

What units does Altitude de Grisogono have?

Studios, one- and two-bedroom apartments and duplex units are listed for the tower. A number of townhouses, each with a garden space, are also listed for the tower.

How tall is Altitude de Grisogono?

The tower has 40 storeys above ground. Below it are three basement levels, all used for car parking.

What is the de Grisogono connection?

DAMAC worked with de Grisogono on the tower; de Grisogono is a jewellery and watch house founded in Geneva in 1993. DAMAC's wider group acquired the de Grisogono brand in 2022.

What amenities are specified for Altitude de Grisogono?

The specified facilities include a swimming pool, sun loungers that run on solar power, stargazing pods beside the pool, a gymnasium, a spa, a salon, a beauty bar, hydrotherapy, therapy pods offering hot and cold treatments, and flotation pods with temperature control.

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