Ellington Properties · Business Bay · Construction Update
One River Point Construction Update - July 2026
July 2026 DLD Register Reading Places One River Point at 35.43% Construction Progress in Business Bay
Structure, external envelope, internal finishes, and MEP works were progressing at different stages across One River Point when RERA inspected the tower on 21 July 2026.
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DLD Register Data
One River Point Construction Snapshot
A 6.64 point rise since the previous DLD reading, an earlier reading the register shows without a date, places One River Point in the superstructure band, where each recorded step starts to decide which construction-linked instalments fall due.
One River Point by Ellington Properties
2929
Active
35.43%
21 July 2026
24 October 2023
295 residences
41,828.15 sq m
09 June 2027
Data source: DLD project register reading recorded on 21 July 2026 for project 2929, registered to developer number 1647, DUTCO ELLINGTON CANAL FRONT REAL ESTATE L.L.C, with inspection notes from the RERA progress monitoring report of the same date. The image at the top of this page is a developer rendering of the planned tower, not a site photograph. Construction tracking against RERA inspection data runs across the full tohidfetrat.com project portfolio and is reviewed after every published cycle. Last updated: July 2026.
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This Inspection Cycle
One River Point Construction Progress Summary
The register moved from a previous reading of 28.79%, listed without an inspection date, to 35.43% on 21 July 2026, and the RERA report of that day explains the figure: enabling works, piling, and foundation works were recorded as completed, while structure, internal works, external envelope, internal finishes, and MEP works were progressing at different stages. The work had moved out of the ground and into the tower itself.
- Enabling works on the canal-side Business Bay plot
- Piling works beneath the tower
- Foundation works, per the 21 July 2026 RERA report
- Structure of the 3B+G+5P+37F+R+1UR concrete tower
- Internal works and internal finishes
- External envelope across the podium and tower
- MEP works, each package at a different stage
- Remaining structure, envelope, finishes, and MEP packages
- Further RERA inspection cycles recorded on the DLD register
- Handover expected in Q2 2027, the developer's anticipated date
Payment Linked Progress
What 35.43% Progress Means for One River Point Buyers
One River Point runs on a 70/30 plan in which four 5% instalments fall due as construction reaches 30%, 40%, 50%, and 60%, so the register reading decides when money moves. By the 21 July 2026 reading of 35.43%, the 30% construction instalment had been triggered; the 40%, 50%, and 60% instalments had not. At this stage, four actions matter most.
Verify the escrow account
Every instalment still ahead, including the 40% construction instalment, should go only to the DLD regulated escrow account held with Emirates NBD for project 2929. One River Point escrow account verification is the step before any transfer; the lookup itself takes about two minutes against the official DLD project record.
Reread your SPA milestone schedule
Check how your sale and purchase agreement defines the construction-linked instalments and how each one is notified, then map those clauses against the 21 July 2026 reading. Reservation-date instalments run from your own reservation date: as an example, a buyer who reserved more than 240 days before that reading would have had 55% of the price fall due by then (20% + 10% + 10% + 5% + 5% + 5%). Not sure how your instalments map to this reading? Send me your SPA schedule and I will map it against the recorded milestones.
Confirm your Oqood registration
Off-plan purchases are recorded on the Dubai Land Department register through Oqood, and under the developer's booking steps Ellington Properties registers the unit after booking. Check that the unit, project 2929, and your name match on the Oqood record before the next construction-linked payment. The One River Point Golden Visa guide covers how off-plan registration fits a residency application.
Track the next readings
The 40% construction instalment is the next payment a register reading will trigger, and this page shows the record as of 21 July 2026. The One River Point construction updates hub collects each new reading as it is published.
General framework, not legal advice: milestone definitions, notice periods, and fee obligations are set by your individual SPA and the DLD record, and both should be read directly.
Buying at 35.43%?
Entering a tower in its structure stage sits between a launch purchase and a near-complete one: the ground works are recorded as completed, the 40%, 50%, and 60% construction instalments and the 30% completion payment still lie ahead, and instalments due under the developer's current terms are settled at signing. Every payment goes to the DLD-registered escrow account for project 2929, released against verified construction progress.
- Enabling, piling, and foundation works recorded as completed on 21 July 2026
- Handover expected in Q2 2027, the developer's anticipated date
- 40%, 50%, and 60% construction instalments not yet triggered at that reading
- Construction risk carried from excavation to handover
- Two to four years of waiting is the usual delivery horizon
- Longer instalment runway, priced at launch levels
5 Units Available as listed for this update; availability shifts between cycles.
About the Development
One River Point Project Details
With its foundations recorded as completed in July 2026, One River Point is a single canal-side tower in its structure stage, holding 295 residences that run from studios to a 4 bedroom penthouse. Starting prices: AED 1.50M ≈ USD 408K.
For buyers entering at this stage, the trade off is a mid-plan entry point against a wait to the Q2 2027 handover the developer anticipates, with most construction-linked instalments still tied to future readings.
One River Point by Ellington Properties Project GuideSite Context This Cycle
Explore One River Point Location on Dubai Map
One River Point stands on a canal-side plot in Business Bay that the developer's project brief describes as overlooking the Dubai Canal and Burj Khalifa, with Al A'amal Street and Al Asayel Street running beside the water. In the July 2026 cycle the external envelope was among the packages progressing, the work that will set how the tower meets the canal.
Business Bay is an established district, so the tower is rising into working roads and transport rather than an area still being built out: Business Bay Metro Station is about 5 minutes' drive and the Dubai Water Canal Boardwalk about 1 minute's drive, per the developer's location guide. For buyers weighing a Q2 2027 handover against rental or occupancy plans, that maturity matters. See the project's position on the interactive Dubai real estate map. See the project’s position on the interactive Dubai real estate map.
Buyer Resources for This Project
Investing in One River Point During the Structure Stage
In the superstructure band, payment protection and residency planning carry more weight than handover logistics. Each resource below is matched to where One River Point stood on 21 July 2026.
One River Point Construction Updates
This page: the 21 July 2026 DLD register reading and RERA notes for One River Point.
One River Point Golden Visa: Residency Starts One Bedroom Up
Ellington Properties' One River Point, 295 residences on Dubai Water Canal, qualifies at six of seven tiers; only studio sits below.
Read One River Point Golden Visa Guide
One River Point Escrow: Ellington's Business Bay Account at Emirates NBD
Ellington Properties' One River Point, DLD project 2929, escrows 298 units at Emirates NBD, 35.43% certified in July 2026.
Verify One River Point Escrow AccountUpdate Timeline
Other One River Point Construction Updates
This July 2026 page is the first monthly record in the One River Point series; the hub gathers every reading as the tower moves through each construction phase.
Where This Update Fits
Explore One River Point Structure
The July 2026 reading sits inside a wider picture: the Business Bay market One River Point will compete in, the canal district around the plot, and the developer building the tower.
Business Bay Properties for Sale
Browse canal-front apartments, penthouses and branded residences for sale across Business Bay.
See Business Bay Properties for Sale
Business Bay Community Overview
Read the Business Bay guide: canal-front towers, offices and residences minutes from Downtown, with prices and rental demand covered.
Explore the Business Bay Community
Ellington Properties: Design-Led Boutique Residences With Curated Interiors
Ellington Properties, founded in 2014, is a design-led developer of apartments, villas and waterfront homes, with 30 developments launched and delivered.
View the Ellington Developer ProfileFAQs
One River Point Construction Progress in July 2026: Frequently Asked Questions
The DLD project register shows One River Point, project 2929, at 35.43% construction progress in the inspection report dated 21 July 2026. The figure is a register reading: the RERA progress monitoring report of the same date prints no percentage and gives the main contract status as progressing. How readings are tracked from cycle to cycle is covered on the One River Point construction updates hub.
The register lists the previous inspection at 28.79% beside the 35.43% current reading, but shows no date for that earlier inspection. Because the period between the two readings is not recorded, the step between them cannot be turned into a monthly pace; a measured rate becomes possible once two dated readings are on record.
At the 21 July 2026 inspection, enabling works, piling, and foundation works were recorded as completed. Structure, internal works, external envelope, internal finishes, and MEP works were progressing at different stages on site. The report also carries inspection photographs, which form part of the official record and are not reproduced on this page.
At the time of the 21 July 2026 reading, the DLD register listed a registered completion date of 09 June 2027, inside the Q2 2027 quarter the developer gives as its anticipated handover. Registered dates can be revised between inspection cycles, so buyers should confirm the current construction timetable with the developer in writing.
No. The image at the top of this page is a developer rendering of the planned tower facade and podium, used to illustrate the July 2026 update. It does not show the site on 21 July 2026; the construction status on this page comes from the DLD register reading and the RERA report notes of that date.
The 35.43% reading carries the inspection date 21 July 2026, and this page is the record for that inspection. New readings are posted to the DLD project register for project 2929, viewable through the Dubai REST app, after each RERA site visit, and each new monthly record for the tower is added to the One River Point construction updates hub.
A Question the FAQ Can Not Answer?
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Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is helping you read the July 2026 inspection record for One River Point correctly before your next payment decision. Client identities and transactions are never published or referenced. Message me directly: you will always reach me personally, never a call center or sales team.
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