One River Point by Ellington Properties in Business Bay Golden Visa concept graphic with a gold card overlay above a rendered residential tower and skyline in Dubai - Presented by Tohid Fetrat

Ellington Properties · Business Bay

One River Point Golden Visa

Residency Starts One Bedroom Up

From the 1 bedroom apartments upward, every One River Point tier starts above the AED 2M ≈ USD 545K Golden Visa threshold; the studio, from AED 1.50M ≈ USD 408K, does not. See exactly which units qualify, how the 70/30 payment plan shapes application timing, and what off-plan buyers need before the expected Q2 2027 handover.

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AED 1.50M ≈ USD 408KStarting Price
AED 2M ≈ USD 545KGolden Visa Threshold
35.43%DLD Register Reading
Q2 2027Expected Handover

Eligibility Snapshot

One River Point Golden Visa Facts

One River Point is a 295-residence freehold tower by Ellington Properties on the Dubai Water Canal in Business Bay, entered on the Dubai Land Department register as project 2929 on 25 January 2024, with construction recorded as started on 24 October 2023 and a reading of 35.43% on the Dubai Land Department project register, recorded on 21 July 2026. That reading was 98 days old when this page was compiled on 27 October 2026, so a newer figure may already be on the register. The detail that matters for residency planning: the 1 bedroom apartments start at AED 3.31M ≈ USD 903K, so a single 1 bedroom or larger home clears the AED 2M ≈ USD 545K minimum property value the UAE Golden Visa program uses, under whatever regulations are in force when your application is filed, while the studio, from AED 1.50M ≈ USD 408K, does not reach it. Handover is expected in Q2 2027, against a registered completion date of 09 June 2027 on the register, and that is the point at which the Oqood registration converts to a title deed.

Golden Visa Threshold

AED 2M ≈ USD 545K

One River Point Starting Price

AED 1.5M ≈ USD 408K

Lowest Qualifying Unit

1 Bedroom from AED 3.31M ≈ USD 903K

Ownership

Freehold, open to all nationalities

Registration Type

Oqood now, Title Deed at the expected Q2 2027 handover

Developer

Ellington

Data as of July 2026, based on the Dubai Land Department project register (reading recorded 21 July 2026) and current One River Point release prices. Figures are updated quarterly; check Dubai REST for a newer register reading.

Unit by Unit

Which One River Point Homes Meet the AED 2M Threshold

At One River Point the Golden Visa line falls between the first two rungs of the price list. The studio, from AED 1.50M ≈ USD 408K, sits AED 500K ≈ USD 136K under the AED 2M ≈ USD 545K threshold, while the 1 bedroom apartments open at AED 3.31M ≈ USD 903K, well clear of it. Nothing on the current list is priced in between, so a buyer whose first priority is residency is choosing among the six larger tiers, and the studio is a purchase made on other grounds.

Unit TypeSize RangeStarting PriceQualifies Alone
StudioFrom 487 sq ft (45 sq m)AED 1.50M ≈ USD 408KNo
1 Bedroom Apartments958 to 1,199 sq ft (89 to 111 sq m)AED 3.31M ≈ USD 903KYes
2 Bedroom Apartments1,447 to 1,795 sq ft (134 to 167 sq m)AED 4.22M ≈ USD 1.15MYes
3 Bedroom Apartments & Duplexes2,397 to 3,968 sq ft (223 to 369 sq m)AED 6.26M ≈ USD 1.70MYes
3 Bedroom Penthouses3,502 to 3,734 sq ft (325 to 347 sq m)AED 10.52M ≈ USD 2.86MYes
4 Bedroom Duplexes4,971 to 5,576 sq ft (462 to 518 sq m)AED 16.47M ≈ USD 4.49MYes
4 Bedroom Penthouse5,847 sq ft (543 sq m)AED 17.56M ≈ USD 4.78MYes
Six of the seven current tiers qualify individually on their starting prices, from the 1 bedroom apartments upward. The studio does not reach the threshold.
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Why this matters: the authorities look at the registered purchase value, so a 1 bedroom apartment bought at AED 3.31M ≈ USD 903K sits above the value threshold on its registered price, long before handover. A studio at AED 1.50M ≈ USD 408K, or any resale unit registered below AED 2M ≈ USD 545K, falls short on its own, so check the registered contract value of the exact unit before you file.

Payment Plan and Timing

When Off-Plan Buyers at One River Point Can Apply

One River Point sells on Ellington Properties' 70/30 plan: 20% at the time of booking (plus the 4% DLD registration fee), then 10%, 10%, 5% and 5% at 30, 90, 150 and 240 days after the reservation date, four 5% instalments on completion of 30%, 40%, 50% and 60% construction of the project, and the final 30% on completion. Under the developer's booking steps, Ellington Properties registers the unit with the Dubai Land Department once the SPA is executed, and that Oqood record, together with evidence of the purchase value and of any paid-amount condition the residency authorities apply at the time, is what an off-plan application typically rests on.

Where the plan stood at the last reading: by the 21 July 2026 register reading of 35.43%, the 30% construction instalment had been triggered, while the 40%, 50% and 60% instalments had not. Reservation-date instalments run from each buyer's 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.

My read on the timing: with 70% of the price scheduled before completion, One River Point buyers have two realistic windows, and the better one is decided by what the visa is for. A family moving to Dubai, or a buyer who needs UAE banking and school places soon, generally wants residency during the build, filed against the Oqood-registered contract once the paid-value condition in force at that point has been met. Investors with no urgency often prefer the cleaner file: wait for handover, expected in Q2 2027, when the title deed is issued in the buyer's name. The register lists 09 June 2027 as the registered completion date, so confirm the current construction timetable with the developer in writing before planning around either window. Off-plan conditions are commonly applied and updated from time to time, so check the current requirement before submitting.

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VIP processing, zero service fee: for buyers who purchase through me, the full application service, document preparation, submission, and status follow-up, is included free. You pay only the official government fees published by the issuing authorities.

Read the full Off-Plan Property Golden Visa guide

The Project

A Canal-Side Tower to Anchor a Ten-Year Residency

Ten years of residency ties you to one building, so the tower that carries the visa deserves the same scrutiny as the threshold. The One River Point project guide covers layouts, current prices, amenities, and the Business Bay canal setting.

One River Point by Ellington Properties in Business Bay project rendering of a tall residential tower beside a road and landscaped green space against the Business Bay skyline in Dubai - Presented by Tohid Fetrat

One River Point by Ellington: A Canal-Side Business Bay Tower

One River Point is an Ellington tower with 295 residences over 37 floors, from studios to a four bedroom penthouse.

View the One River Point Project Guide

Golden Visa Guides

Requirements, Process, and Benefits in Full

Program rules do not change from one Dubai tower to the next, so the full criteria, steps, and benefits sit in the dedicated guides below instead of on this page.

Golden Visa Requirements: AED 2M in Real Estate Registered in Your Name

Golden Visa requirements for property investors: real estate worth at least AED 2M, ownership proof, mortgages, off-plan rules and documents.

Read the Dubai Golden Visa Requirements Guide

Applying for the Golden Visa in Seven Steps, From Purchase to Approval

For a property investor, the seven steps run from the purchase to the visa, usually within weeks of ownership being confirmed.

Read the UAE Golden Visa Application Guide

Golden Visa Benefits: Residency, Family Sponsorship and Long Periods Abroad

Golden Visa benefits: residency without an employer, long periods abroad without losing status and the right to sponsor your family.

Read the Dubai Golden Visa Benefits Guide

Insights

Project Insights for One River Point Golden Visa Buyers

A Golden Visa purchase at One River Point is also an off-plan purchase, so the threshold is only one of three checks. Follow the register readings that carry the tower toward its title deed, and confirm that every instalment is paid into the project escrow account before you commit.

One River Point by Ellington Properties in Business Bay Golden Visa concept graphic with a gold card overlay above a rendered residential tower and skyline in Dubai - Presented by Tohid Fetrat
You Are Here

One River Point Golden Visa Guide

This page: which One River Point homes meet the Golden Visa threshold, why the studio does not, and when off-plan buyers can apply.

One River Point by Ellington Properties in Business Bay construction updates cover image featuring a project rendering of the tower and podium against the city skyline in Dubai - Presented by Tohid Fetrat

One River Point: Ellington's Canal-Side Business Bay Tower

One River Point, Ellington Properties' 295-residence tower beside the Dubai Water Canal, stood at 35.43% on 21 July 2026.

View One River Point Construction Updates
One River Point by Ellington Properties in Business Bay escrow account concept graphic with a shield and padlock over a rendered residential building entrance in Dubai - Presented by Tohid Fetrat

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 the One River Point Escrow Account

Structure

Explore the Business Bay Market Around One River Point

Whether a qualifying home holds its value across a ten-year residency depends on Business Bay as much as on the tower. Compare other Business Bay listings, read the master community profile, and review Ellington Properties before you finalise a Golden Visa purchase.

Business Bay properties for sale featuring modern residential towers and premium Dubai skyline views Captured by Tohid Fetrat.

Business Bay Properties for Sale

Browse apartments and penthouses across Business Bay, compare towers and prices, and see which price points reach the Golden Visa threshold.

See Business Bay Properties for Sale
Business Bay skyline view featuring Opus Tower Bugatti Residences by Binghatti The Binary by Omniyat and Ahad Tower with modern high rise architecture and urban city streets captured by Tohid Fetrat.

About Business Bay Master Community

The canal-side district, its road and metro links, and the urban amenities that sustain long-term residential demand at One River Point.

Explore the Business Bay Master Community
Exterior view of Ocean House by Ellington featuring sculptural architecture, curved balconies, lush landscaping and luxury waterfront residences in Dubai Presented by Tohid Fetrat

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 Properties Developer Profile

FAQs

One River Point Golden Visa Frequently Asked Questions

Six of the seven current tiers. 1 bedroom apartments start at AED 3.31M ≈ USD 903K, 2 bedroom apartments at AED 4.22M ≈ USD 1.15M, 3 bedroom apartments and duplexes at AED 6.26M ≈ USD 1.70M, 3 bedroom penthouses at AED 10.52M ≈ USD 2.86M, the 4 bedroom duplexes at AED 16.47M ≈ USD 4.49M, and the 4 bedroom penthouse at AED 17.56M ≈ USD 4.78M, all above the AED 2M ≈ USD 545K property value threshold on their starting prices. The studio, from AED 1.50M ≈ USD 408K, is below it. Eligibility is assessed on the registered purchase value of the specific unit, and approval rests with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) under the rules in force at the time of application. Full criteria are set out in the Dubai Golden Visa requirements guide.

Not on its starting price. One River Point studios start at AED 1.50M ≈ USD 408K, which is AED 500K ≈ USD 136K below the AED 2M ≈ USD 545K property value threshold used for the Golden Visa property route. Because eligibility is assessed on the registered purchase value, the lowest One River Point tier that reaches the threshold is the 1 bedroom apartment, from AED 3.31M ≈ USD 903K.

Off-plan applications typically rest on the Oqood registration that Ellington Properties completes with the Dubai Land Department after the SPA is executed, plus evidence of the registered value and of any paid-amount condition the authorities apply on the filing date. A buyer who would rather file on completed ownership can wait for handover, expected in Q2 2027, when the title deed for the freehold unit is issued in their name. Each stage of the off-plan route is set out in the off-plan property Golden Visa guide.

Under the developer's plan, buyers pay 20% at the time of booking plus the 4% DLD registration fee, 30% across four instalments set 30, 90, 150 and 240 days after the reservation date, 20% across four instalments tied to 30%, 40%, 50% and 60% construction of the project, and 30% on completion. That registration fee is paid to the Dubai Land Department and does not count toward the property value threshold. By the 21 July 2026 register reading of 35.43%, the 30% construction instalment had been triggered and the later construction instalments had not, so the amount a buyer has paid at any point depends on their own reservation date and the latest register reading, which matters wherever a paid-value condition applies to an off-plan application.

Financing does not automatically rule out an application, but the conditions applied to mortgaged property, such as how much of the value must already be paid and what confirmation the lending bank must provide, are set by the authorities and updated from time to time. Because One River Point is under construction and 70% of the price falls due before completion under the developer's plan, buyers planning to finance should confirm both the lender's off-plan terms and the Golden Visa conditions in force at the time of application before relying on a mortgage.

Joint ownership is commonly assessed on each owner's share of the registered value, under the rules in force at the time of application. As simple arithmetic on starting prices, an equal two-way split of a 2 bedroom apartment from AED 4.22M ≈ USD 1.15M gives each owner a share of AED 2.11M ≈ USD 575K, above the AED 2M ≈ USD 545K threshold, while an equal split of a 1 bedroom apartment from AED 3.31M ≈ USD 903K leaves each share below it. The treatment of co-owners, including spouses, should be confirmed against the current requirements before purchase.

The Golden Visa currently allows the main holder to sponsor family members, such as a spouse and children, subject to the conditions in force at the time of application. One qualifying One River Point unit, at 1 bedroom or above, supports the main application, and dependants are then added under the program's family rules rather than through a separate property purchase. The family provisions are covered in the Dubai Golden Visa benefits guide.

The program's current term is 10 years, renewable. Renewal is generally tied to continuing to meet the qualifying conditions, including still holding the qualifying property, so selling a One River Point unit would affect the basis of the visa. Terms are set by the authorities and may be updated, so the renewal conditions in force should be confirmed as the visa approaches expiry.

No. For buyers who purchase through this advisory, the VIP application service, covering document preparation, submission, and status follow-up, is included at no charge. Only the official government fees apply, as published by the issuing authorities at the time of application.

No. A qualifying purchase makes a buyer eligible to apply, but the ICP decides each application against every requirement in force on the filing date, which includes verification of the ownership record and the usual security screening. Progress toward the title deed can be followed on the One River Point construction updates page.

Portrait of Tohid Fetrat, Dubai real estate advisor and portfolio manager with expertise in luxury developments

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Tohid Fetrat

Independent of the developer: I work for the buyer, and my only job on this page is making sure the property you buy actually qualifies before you commit, with the VIP visa application service included free for my buyers. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.

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