What is the payment plan for Altitude de Grisogono?

Altitude de Grisogono by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on completion, as published by the developer.

How much is the booking amount for Altitude de Grisogono?

5% of the price. On the cheapest unit at AED 1.31M that is AED 65,400.

How much do I pay before I get the keys to Altitude de Grisogono?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.31M that is AED 1.31M by handover in Q1 2028.

Does Altitude de Grisogono have a post-handover payment plan?

No. The published plan completes at handover in Q1 2028.

What are the registration fees on Altitude de Grisogono?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.31M that is AED 52,320. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Altitude de Grisogono?

Damac publishes Q1 2028, which is 16 months from now.

Damac · Business Bay · handover Q1 2028

Altitude de Grisogono payment plan, price and handover

Altitude de Grisogono by Damac in Business Bay, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 1.31M, that is AED 1.31M (100%) paid by handover in Q1 2028. Handover is 16 months away.

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The Altitude de Grisogono payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	5%
During Construction	55%
On completion	40%

On the cheapest unit (Apartments, 434 sqft, AED 1.31M)

On Booking	AED 65,400
During Construction	AED 719,400
On completion	AED 523,200
Total (100%)	AED 1,308,000
Months to handover	16

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 1,308,000. Registration and other fees are not included.

The Altitude de Grisogono instalment schedule, line by line

Every instalment Damac publishes for Altitude de Grisogono, in order, with the charges listed alongside the plan.

Payment plan

Published by Damac

Stage	Instalment	Share	On AED 1,308,000
On Booking5%	On Booking	5%	AED 65,400
	Oqood fee	fixed	AED 1,000
During Construction55%	1 month after booking	10%	AED 130,800
	3 month after booking	5%	AED 65,400
	2% From 4 to 12 months after booking	14%	AED 183,120
	3% in months 6, 8 after booking	6%	AED 78,480
	5% From 13 to 16 months after booking	20%	AED 261,600
On completion40%	On completion	40%	AED 523,200
Total of the plan		100%	AED 1,308,000

Lines marked fee (Oqood fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Damac; the dirham column applies each percentage to the published starting price of AED 1,308,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Altitude de Grisogono

The same plan, applied to the starting price Damac publishes for each size in the building.

Unit	From	On Booking (5%)	During Construction (55%)	On completion (40%)
Apartmentsfrom 434 sq ft	AED 1,308,000	AED 65,400	AED 719,400	AED 523,200
Studiofrom 490 sq ft	AED 1,399,000	AED 69,950	AED 769,450	AED 559,600
1 bedfrom 1,189 sq ft	AED 2,754,000	AED 137,700	AED 1,514,700	AED 1,101,600
2 bedfrom 1,336 sq ft	AED 3,334,000	AED 166,700	AED 1,833,700	AED 1,333,600

Starting price per size as published by Damac; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Altitude de Grisogono

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Damac and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
Apartments	AED 1,308,000	AED 52,320
Studio	AED 1,399,000	AED 55,960
1 bed	AED 2,754,000	AED 110,160
2 bed	AED 3,334,000	AED 133,360

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Altitude de Grisogono

Altitude de Grisogono payment plan: questions buyers ask

What is the payment plan for Altitude de Grisogono?: Altitude de Grisogono by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on completion, as published by the developer.
How much is the booking amount for Altitude de Grisogono?: 5% of the price. On the cheapest unit at AED 1.31M that is AED 65,400.
How much do I pay before I get the keys to Altitude de Grisogono?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.31M that is AED 1.31M by handover in Q1 2028.
Does Altitude de Grisogono have a post-handover payment plan?: No. The published plan completes at handover in Q1 2028. If you sell before handover, this is how it works.
What are the registration fees on Altitude de Grisogono?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.31M that is AED 52,320. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Altitude de Grisogono?: Damac publishes Q1 2028, which is 16 months from now.