One River Point

One River Point is a residential tower on the Dubai Water Canal in Business Bay, developed by Ellington Properties with the Dutco group under the Dutco Ellington brand. It was launched in November 2023 and construction began in March 2024, when the partners described it as a AED 1.2 billion development due for completion in Q2 2027. Property Finder gives June 2027.

Ellington's announcements describe 295 homes: studios, one-, two- and three-bedroom apartments, three- and four-bedroom penthouses and four-bedroom duplexes with private pools, with views towards the canal, Burj Khalifa and Burj Al Arab. Property Finder's description gives a different figure of about 450 units, so rely on the developer's number.

Stock is now limited. On 13 November 2026 Property Finder said the starting price was not currently available and showed every unit type on request except a four-bedroom apartment of 5,576 sq ft from AED 16 million. Its unit table lists studios of 487 sq ft, one-bedrooms of 1,060 to 1,199 sq ft, two-bedrooms of 1,461 to 1,795 sq ft, three-bedrooms of 2,397 to 3,502 sq ft, three-bedroom duplexes and a three-bedroom penthouse. The launch price shown was AED 3.4 million.

The plan published at launch was 20%, then 50% in eight instalments during construction, then 30% on handover. With completion less than a year away, ask what is due now on any unit still unsold.

Amenities include two infinity pools, a children's pool, a canal boardwalk, a club lounge and clubhouse, an immersive projection room, fitness and yoga studios, a pets' wash and play area, and shops and restaurants facing the canal.

One River Point suits buyers who want a large, finished-soon apartment on the canal close to Downtown, and who can pay a large share near handover. The remaining units are at the upper end of Business Bay pricing, and the district has heavy new supply, so compare carefully with ready canal-front resale.