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Golden Visa
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Business Bay, Dubai·DAMAC Properties

Altitude

AED 3.33MPublished estimate: 11.5
0-3
Bedrooms
1-4
Bathrooms
424–4,141 sq ft+
Sqft
Q1 2028
Handover
Explore Business Bay
View community info, amenities & nearby attractions
→

About This Project

Altitude by DAMAC Properties in Business Bay, Dubai. Freehold studio to 3-bedroom apartments and 2-bedroom duplexes, approximately 424–4,141 sq ft with 1–4 bathrooms. Under construction with published handover Q1 2028. Catalogue starting price AED 3,334,000. The available residences include Studio–3-bedroom apartments and duplex residences with 1–4 bathrooms, spanning approximately 424–4,141 sq ft. The lifestyle offering features Retail outlets, Swimming pool, Gymnasium, Parks and gardens, Cabanas, and Barbecue areas. As an off-plan project, it carries a published 20/55/25; 20/80 payment plan and a Q1 2028 handover target. For investment planning, the working model uses a 6.5% stabilized gross rental yield and 11.5% expected ROI; ROI includes a fixed 5% appreciation assumption, and actual returns can vary with costs, vacancy and market conditions. Its recorded starting price also meets the AED 2 million screening threshold for UAE property-investor Golden Visa consideration, subject to the selected unit value, qualifying amount paid, supporting documents and authority approval. Buyers should reconfirm current availability, service charges, final layouts and contractual terms before committing.

Amenities

Retail outlets
Swimming pool
Gymnasium
Parks and gardens
Cabanas
Barbecue areas
Parking
Meditation decks
Wellness spaces
Valet parking
Spa

Related Keywords

AltitudeDAMAC PropertiesBusiness BayDubaiApartmentDuplexStudio–3 bedrooms

Key Features

Theme
Apartment, Duplex
Unique
Business Bay, Dubai
Price
AED 3.3M

Property Documents

Request available documents for this property

Investment Potential

11.5
Published ROI Estimate

Verify assumptions independently

6.5
Published Rental Yield

Gross/net basis may vary

Property Price: AED 3.33M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

May be relevant to property-based residency criteria; verify current rules

Payment Plan

20/55/25; 20/80
10%Booking
28%During
62%On
Booking
AED 0.33M(10%)
During Construction
AED 0.93M(28%)
On Handover
AED 2.07M(62%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Q1 2028

Frequently Asked Questions

What property types are available at Altitude?

The verified project mix includes freehold studio to 3-bedroom apartments plus 2-bedroom duplexes.

What is the payment plan for Altitude?

The published payment plan is 20/55/25; 20/80. Purchase terms should be confirmed before reservation.

When is Altitude expected to be completed?

The published handover target is Q1 2028. Construction schedules may be revised by the developer.

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Mortgage Calculator

Property Price
AED 3,334,000
Down Payment25% (AED 833,500)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 2,500,500
Monthly PaymentAED 12,788
Total InterestAED 1,335,900

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeApartment, Duplex
Payment Plan20/55/25; 20/80
HandoverQ1 2028
DeveloperDAMAC Properties
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Check Your Eligibility
Review current property-based residency criteria

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