Altitude by DAMAC Properties

Reasons to Buy*

TAX FREE

Living in Dubai offers clear financial advantages, especially when it comes to the absence of personal income tax, property tax, and capital gains tax. This tax-free environment allows individuals to enjoy their full earnings, save more, and maintain a higher standard of living compared to many other countries. Businesses, while subject to corporate tax, still benefit from Dubai’s highly attractive tax rates compared to global standards.

POPULATION GROWTH

Dubai’s population is projected to hit 4 million by 2025, and aims to reach 7.8 Million+ population by 2040, driving unprecedented demand for residential properties.

STRONG TOURISM INDUSTRY

Dubai is famous for its iconic landmarks—Burj Khalifa, Palm Jumeirah, and Dubai Mall. These attractions draw millions of visitors every year. In 2024 alone, Dubai welcomed over 17 million tourists. This massive influx of tourists creates high demand for rental properties, which is great for property investors. Additionally, Dubai’s growing appeal as a hub for business travelers, with events like Expo 2020, have put Dubai firmly on the global map. This makes buying property in Dubai a great opportunity for investors wanting to capitalize on short-term rentals.

SAFETY & QUALITY OF LIFE

Dubai ranks among the safest cities in the world. Safety is a major factor when considering buying property, especially if you plan to move with your family. Dubai’s low crime rates, coupled with world-class healthcare and education, make it an attractive destination for families. In addition to safety, the quality of life in Dubai is unbeatable. Picture this: year-round sunshine, pristine beaches, and a modern city with all the amenities you could need. It’s not just about buying property in Dubai; it’s about buying into a lifestyle.

BOOMING ECONOMY & INFRASTRUCTURE

Dubai is investing heavily in infrastructure. From new metro lines to better road networks, the city is expanding rapidly. The booming infrastructure projects add value to property investments. Imagine buying property in Dubai now and seeing its value increase as new facilities, parks, and roads get developed around it. Dubai’s economy is also thriving, with major sectors like tourism, finance, and real estate contributing significantly. As a result, buying property in Dubai isn’t just a short-term play; it’s a long-term investment in a city that continues to grow.

REPUTABLE DEVELOPER

DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region and around the world, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, Maldives, Canada, United States and United Kingdom. Since then, the company has delivered approximately 46,000 homes, with a development portfolio of more than 33,000 at various stages of planning and progress.*

Quick Facts*

Developer: DAMAC
Address: Business Bay, Dubai, United Arab Emirates
Pricing: Starting at $321,000 USD 
Occupancy: March 2028
Suite Types: Studio, 1-3 Bedroom Condos, and 2 Bedroom Duplex
Square Footage: 424 – 4,140 sq ft.
Maintenance Fees: TBD.
Deposit Structures: 70/30 Payment Plan and 4% DLD Waiver*
Incentives*: Limited time payment plan, please contact us for more details.
Amenities: Planets Inspired Garden, Infinity Lap Pool, Floating Therapy Pods, Beauty Studio, Beauty Bar, Spa Retreat, Gym, Solar Powered Sun Lounger