Business Bay · Ellington Properties Development and Dutco
These are the starting prices as of the date shown, not today's list: off-plan they are revised several times a year, and more often upwards than down.
Figures come from the developer's own materials sent to brokers, dated 20 August 2026. The commentary behind them is written up in the Russian version of this page.
43-storey residential building in Business Bay. Developer — Ellington Properties Development and Dutco. Architect — Brewer Smith Brewer Group.
Specifications for One River Point per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
One River Point is a 43-storey residential building in Business Bay, currently under construction.
The developer is Ellington Properties Development and Dutco. The architecture is by Brewer Smith Brewer Group.
The building holds 295 apartments in total.
The database currently holds 1 lot in this project, from 7 300 000 AED.
A 43-storey Ellington and Dutco tower in Business Bay with 295 residences, under construction. Two lots in our own stock, both AED 7.3 million (~$1.99M).
One River Point is a residential skyscraper in Business Bay by Ellington Properties Development together with Dutco, engineered by Brewer Smith Brewer Group. 43 storeys, 295 residences, under construction. Confirmed amenities: pool and 24/7 security.
295 apartments over 43 storeys works out to around seven units per floor. That's a large unit mix for Business Bay: spacious layouts, few neighbours per floor.
Ellington builds systematically in the district — our series has covered its Crestmark and Quayside. The developer has a recognisable signature: compact projects rather than thousand-apartment towers, with an emphasis on architecture and finishes.
Our two listings are priced at AED 7.3 million each, at an average price per square foot around AED 2,583 (~$705/ft²). That's almost half the Business Bay average of AED 4,900, while the cheque is double the district median of AED 3.5 million.
The combination reads unambiguously: these are large apartments, not compact premium units. For a buyer who needs space rather than the address for the smallest possible cheque, this profile works better — the same money buys more square footage.
The rule stays the same: compare by price per square foot against similarly sized units, not against the district median, which in Business Bay reflects compact lots.
River Point refers to the Dubai Canal, along which the district's promenade is built. Position relative to the water is the main price factor within Business Bay, more important than floor in mid-rise buildings — the same waterfront premium logic buyers weigh in Chicago's Streeterville or Vancouver's Coal Harbour.
Check the master plan for what stands between the building and the canal, and what's permitted to be built there: the district is densifying, and today's water view doesn't guarantee the same view in a few years.
Ellington launched One River Point at the turn of October and November 2023, with studios, one- to three-bedroom apartments and penthouses. Studios started from about USD 403,700.
propsearch factsheet (storeys, residence count, developers, engineer, status, amenities) and our own stock as of 27 August 2026 (two lots in the building, price per square foot for the building and for Business Bay). Unit mix and launch price — sales-launch announcement, November 2023.
Ellington Properties Development and Dutco. The architecture is by Brewer Smith Brewer Group.
43. The building has 295 apartments.
The project is under construction. I check the exact date for a particular unit in the contract before the deal.
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
The database currently holds 1 lot in this project, from 7 300 000 AED. Prices move every day, so it is worth asking for the current list for this building.
What has been written about the building, its developer and Business Bay
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
Deyaar is building DWTN (Downtown) Residences in Business Bay: twin 445 m, 111-storey towers with 522 homes — 432 apartments, 76 duplexes, 13 penthouses and a “Royal Palace”. From AED 1.86m with half due at keys. Construction began in January 2026; completion is quoted for 2029–2030.
In October 2024 Binghatti said it would lift its portfolio from about AED 40bn to AED 100bn ($27.2bn) in 18 months. In 2025 revenue reached AED 12.43bn, more than 17 000 units were sold, and the AED 30bn Binghatti City launched in Nad Al Sheba. What the growth means for buyers.
Downtown is Dubai's tourist and status core, around AED 2 433/sqft on our own data. Business Bay is the business district next door, home to 17 000+ companies, around AED 1 871/sqft. We compare lifestyle, rental economics and who should pick which.
SOM designed Burj Khalifa and a 74-metre metro station in Creek Harbour that will be the tallest in the world. Zaha Hadid Architects built The Opus and is now building Oystra in Ras Al Khaimah. What separates a real premium from a marketing line.
Three major office schemes are rising around DIFC and Business Bay: Immersive Tower ($300m, 58 573 sq m, 2027), Aldar's 88 000 sq m tower by Emirates Towers metro (Q4 2027), and an office park with a theatre on Business Bay's largest plot. Vacancy in central clusters sits at 2–5%.
The RTA and Dubai Holding signed an AED 6bn (about $1.6bn) road programme: four new JVC access points with interchanges, double the capacity and 70% shorter journeys. Hessa Street phase two adds a 780 m bridge and a 480 m tunnel out of JVC. What it means for owners and buyers.
Message me for the free layouts in One River Point, the real entry price and what owners and tenants say — not the brochure copy.
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