Studios to four-bedroom penthouses at One River Point, Business Bay
One River Point in Business Bay is a 37-storey residential tower by Ellington Properties, built in a joint venture with Dutco. It stands on the south-west side of the district, on what Ellington's brochure calls a "vast triangular plot" facing the Dubai Water Canal to the north. Homes run from studios to a four-bedroom penthouse. Ellington states the ownership as freehold, gives an anticipated service charge of AED 20 per sq ft and an anticipated completion date of Q2 2027. The payment plan is 70/30, with the instalments tied to the reservation date and to construction stages.
On the canal. Ellington gives the Dubai Water Canal Boardwalk as one minute from the building and the Dubai Waterfall as two. Business Bay Metro Station is five minutes away, and Burj Khalifa and The Dubai Mall seven.
Shared spaces on the podium. The private amenities are grouped on three podium levels: a clubhouse and family pool deck on level 1, a fitness club and multi-sport hall on level 4, and an adults' infinity-edge pool and terrace on level 6.
A public ground floor. The ground floor is given over to an F&B and retail promenade, a second F&B promenade and a public plaza.
Parking. Studios, one-bedroom and two-bedroom apartments come with one space. Three and four-bedroom homes come with two.
Nearby
One River Point is on the south-west side of Business Bay, with the Dubai Water Canal along its northern edge. Ellington Properties' project brief gives these driving times from the building:
| Destination |
Driving time |
| Dubai Water Canal Boardwalk |
1 min |
| Dubai Waterfall |
2 min |
| Business Bay Metro Station, Business Bay Marina, Al Quoz Pond Park |
5 min |
| Burj Khalifa and The Dubai Mall |
7 min |
| Museum of the Future |
8 min |
| Dubai International Financial Centre, City Walk, Meydan Racecourse |
10 min |
| Mall of the Emirates |
13 min |
| Dubai Design District, Dubai Festival City, Kite Beach |
15 min |
| Burj Al Arab |
17 min |
| Palm Jumeirah |
19 min |
| Emirates Golf Club, Dubai International Airport |
20 min |
| Al Maktoum International Airport |
39 min |
Driving times as printed in Ellington Properties' One River Point project brief, grouped as Ellington groups them.
For a tenant who works in the centre of the city, Burj Khalifa and The Dubai Mall are seven minutes from the building and the metro station five. DIFC and City Walk are ten minutes away. Dubai International Airport is 20 minutes out.
The canal boardwalk is a minute's drive away. At the weekend, Kite Beach is 15 minutes from the building and Palm Jumeirah 19.
Our Business Bay investment guide covers the wider district. Every project brief we publish in the community is listed on the Business Bay projects page.
Homes
Ellington Properties builds seven home types at One River Point, from a studio to a four-bedroom penthouse. Every size in the project brief is a total living area: the internal living area plus the outdoor living area of the balcony or terrace.
Studios. 19 homes, from 487 sq ft. Each comes with one parking space.
One-bedroom. 94 homes, from 958 to 1,199 sq ft.
Two-bedroom. 146 homes, from 1,447 to 1,795 sq ft.
Three-bedroom. 31 homes, from 2,397 to 3,968 sq ft. Each comes with two parking spaces.
Penthouses and duplexes. Two three-bedroom penthouses of 3,502 and 3,734 sq ft. Two four-bedroom duplexes of 4,971 and 5,576 sq ft, which Ellington's design-strategy diagram shows with private terraces. One four-bedroom penthouse, from 5,847 sq ft.
Specification. Ellington lists home automation and a resident access-control system for the apartments. It describes integrated drop-in sinks as a feature of its premium units. A footnote in the project brief limits an additional kitchen feature to three-bedroom apartments, duplexes and penthouses.
Ellington describes the interiors as soft, contemporary and welcoming, with low lighting.
When you compare One River Point with another building, compare internal area with internal area. The total living area on these plans includes the outdoor living area.
Payment terms
Ellington Properties' payment plan for One River Point asks for 20% at the time of booking. Four instalments follow on fixed days counted from the reservation date: 10% at 30 days, 10% at 90 days, 5% at 150 days and 5% at 240 days. Four more of 5% each fall due on completion of 30%, 40%, 50% and 60% construction of the project. The last 30% is due on completion.
The first four instalments run on the calendar from the day of reservation, so plan the cash for them from the start. A buyer who intends to fund the 30% completion payment with a mortgage should speak to a lender well before the building is finished.
Ellington gives an anticipated service charge of AED 20 per sq ft. An investor can set that against the expected rent when working out the net return on a unit.
For how this structure compares with other plans in the Dubai market, see our guide to off-plan payment plans in Dubai. For the steps from reservation to handover, see how to buy off-plan property in Dubai.
