One River Point by Ellington

One River Point is a residential tower by Ellington Properties on the Dubai Water Canal in Business Bay, Dubai. It holds 295 residences across studios, 1 to 3 bedroom apartments, 3 and 4 bedroom duplexes, 3 bedroom penthouses and a 4 bedroom penthouse, set over 37 residential floors above a ground floor and five podium levels. The project is under construction, with handover expected in Q2 2027.

One River Point sits on the Dubai Water Canal in Business Bay, close to Sheikh Zayed Road. Per the developer's location guide, the Dubai Water Canal Boardwalk is about 1 minute's drive away, Business Bay Metro Station about 5 minutes, Burj Khalifa and The Dubai Mall about 7 minutes, DIFC about 10 minutes and Dubai International Airport about 20 minutes.

The price list covers seven tiers: studios from 487 sq ft (45 sq m), 1 bedroom apartments of 958 to 1,199 sq ft (89 to 111 sq m), 2 bedroom apartments of 1,447 to 1,795 sq ft (134 to 167 sq m), 3 bedroom apartments and duplexes of 2,397 to 3,968 sq ft (223 to 369 sq m), 3 bedroom penthouses of 3,502 to 3,734 sq ft (325 to 347 sq m), 4 bedroom duplexes of 4,971 to 5,576 sq ft (462 to 518 sq m) and a 4 bedroom penthouse of 5,847 sq ft (543 sq m). Studio, 1 and 2 bedroom homes come with one parking space; 3 and 4 bedroom homes come with two.

Prices start from AED 1.50M ≈ USD 408K for a studio. 1 bedroom apartments start from AED 3.31M ≈ USD 903K, 2 bedroom apartments from AED 4.22M ≈ USD 1.15M, 3 bedroom apartments and duplexes from AED 6.26M ≈ USD 1.70M, 3 bedroom penthouses from AED 10.52M ≈ USD 2.86M, 4 bedroom duplexes from AED 16.47M ≈ USD 4.49M, and the 4 bedroom penthouse from AED 17.56M ≈ USD 4.78M. The final price of a specific unit depends on its floor, view and the developer's current release.

The developer lists two resort-style infinity pools (a family infinity-edge pool on level 01 and an adults' infinity-edge pool on the level 06 terrace, per the project brief), a kids' pool, sun loungers and cabanas, a residential clubhouse with business centre and lounge, a fitness studio with an adult climbing net, a yoga studio with virtual trainer, indoor and outdoor kids' play areas, an immersive experience room, changing rooms with steam shower and sauna, a barbecue deck, and a pets' play area with pet wash. The project brief puts total amenity space at 980 sq m (10,549 sq ft). Inside the homes, the finishes schedule includes large-format porcelain floors, full-length wardrobes, European-brand kitchen appliances, a gas cooktop and a home automation system for the apartments.

Handover is expected in Q2 2027, in line with the developer's anticipated completion date. Off-plan timetables are set by the developer and can be revised, so buyers should confirm the current construction timetable with the developer in writing before signing. Progress against the Dubai Land Department register and the RERA inspection record is tracked in the One River Point construction updates guide.

The developer's plan is 70/30. Buyers pay 20% at the time of booking together with the 4% DLD registration fee, then 10% 30 days after the reservation date, 10% at 90 days, 5% at 150 days and 5% at 240 days. Four further 5% instalments are tied to the 1st, 2nd, 3rd and 4th construction milestones set by the developer, and the remaining 30% is paid on completion. Buyers entering now settle the instalments already due under the developer's current terms at signing, so the exact schedule should be confirmed with the developer.

The main additional cost at purchase is the 4% DLD registration fee, payable to the Dubai Land Department alongside the booking instalment. Once the building is operating, owners pay an annual service charge, which the developer's documents give as an anticipated AED 20 per sq ft. Because it is an anticipated figure, the final rate is set once the building's service charge budget is approved.

Yes. One River Point is a freehold development, so buyers of any nationality, including non-residents, can own units outright in their own name.

The 10 year UAE Golden Visa property route uses an AED 2M ≈ USD 545K value threshold. At One River Point, the 1 bedroom apartments, from AED 3.31M, and every larger home start at or above that level on their starting prices. The studio, from AED 1.50M, does not reach the threshold on its own. Approval is decided by the ICP under the rules in force at the time of application, so the purchase price alone does not settle eligibility. The One River Point Golden Visa guide sets out the eligibility steps in detail.

Off-plan payments at One River Point are made into the project's escrow account with Emirates NBD and released to the developer against verified construction progress, a framework regulated by the Dubai Land Department. The One River Point escrow account guide explains how the account works and how buyers can check it.

Yes. Under the developer's booking steps, the buyer pays the booking amount and submits the required documents, completes the down payment and registration fees, signs and returns two copies of the SPA, and Ellington Properties then registers the unit with the DLD. None of these steps requires being in Dubai, and I manage the process end to end with the developer on the buyer's behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.