One River Point — Dutco Ellington on the Dubai Water Canal

One River Point is a Business Bay tower on the Dubai Water Canal, developed jointly by Dutco and Ellington Properties under the "Dutco Ellington" brand. The official project site lists studios, one- to three-bedroom apartments, three- and four-bedroom penthouses and four-bedroom duplexes, overlooking the canal and Burj Khalifa. [1]

OffplanInsight is an independent research site for buyers, not the developer's sales page. Off-plan means years of instalments before keys, so the sharp questions here are the unit, the total cost, and which 2027 handover date actually holds - because the sources do not agree. [1] [2] Hard figures appear below only where the official site, the 2024 construction release or a building-guide record states them. See our Method.

Key facts

Developer
Ellington Properties
Area
Business Bay
Status
On sale
Construction
under construction (off-plan)
Handover
2027 target (official site Q3 2027; 2024 release Q2 2027) — reconfirm contractually (unverified)
Price from
AED 1,480,000 (unverified)

Who it’s for

Buyers who want a central Business Bay canal-front address from the Dutco Ellington venture, can wait for a 2027-target handover [1], and will reconfirm the handover quarter, seller entity and unit price contractually before committing.

Who it’s not for

Buyers who need a firm, guaranteed completion date from this page, cannot absorb a shifting off-plan timeline, or are budgeting only from a portal "from" price without unit-tied availability.

Snapshot (what we can state)

  • Developers — Dutco and Ellington Properties, "Dutco Ellington" brand (high) [2]
  • Location — Business Bay, directly on the Dubai Water Canal (high — official) [1]
  • Homes — studios, 1-3 bedroom apartments, 3-4 bedroom penthouses, 4-bedroom duplexes (high — official)
  • Total units — about 295 (med — official release and portals; this is lower than some early estimates) [2]
  • Building — described as a 43-storey residential building on a building-guide record (med) [3]
  • Handover target — 2027, but the quarter has shifted: the official site now shows Q3 2027, while the 2024 construction release said Q2 2027 (low — reconfirm) [1] [2]
  • Entry price signal — from AED 1,480,000 at sales launch per a building-guide record; not on the official page reviewed (low) [3]
  • RERA / escrow IDs — not on file here (unknown)

The 2027 handover - why it needs reconfirming

This is the one number to pin down. The Ellington construction-start release, dated 26 March 2024, said the project was "estimated to be completed in Q2 2027." The current official project site instead states a Q3 2027 handover, and at least one portal still repeats the older Q2 2027 date. [2] [1]

We publish 2027 as the sourced target with low confidence: the 2024 estimate predates today by over two years, the quarter has already moved once, and off-plan dates can move again. [2] [1] Do not treat any quarter as fixed - reconfirm the completion date contractually on your SPA before relying on it, and model a delay buffer.

Product shape and price signal

Ellington's site describes a waterfront mix: studios, one-, two- and three-bedroom apartments, three- and four-bedroom penthouses, and four-bedroom duplexes (the 2024 release noted private pools on the duplexes). The joint release counts the scheme at about 295 homes - materially fewer than some third-party "hundreds of units" framings, so we publish the sourced 295 rather than a larger guess. [1] [2]

On price, a building-guide record reports units "priced from AED 1,480,000" at the time of the sales launch, but that is not shown on the official page we reviewed. [3] Treat it as indicative only and request current, unit-tied availability. The same record describes the tower as 43 storeys — verify the floor plan against the actual building documents rather than marketing framings. [3]

Area and developer context

Developers: Ellington Properties, a design-led Dubai residential developer, in a joint venture with Dutco under the Dutco Ellington brand. The Dutco partnership is a distinguishing feature of this project versus a standalone Ellington tower; confirm which entity signs the SPA and holds the escrow. [2]

Area: Business Bay, on the Dubai Water Canal with canal and Burj Khalifa views. [1] OffplanInsight analysis: a central waterfront address may carry a premium over peripheral off-plan; test any premium against the specific unit and your hold horizon, not the render.

Checks before a reservation

  1. Reconfirm the handover quarter in writing - the official Q3 2027 versus the 2024 release's Q2 2027 [1] [2] - plus delay/penalty terms.
  2. Confirm which entity (Dutco / Ellington) is the seller on the SPA and holds the escrow account.
  3. Get a dated, unit-tied price and availability sheet; do not budget from the AED 1,480,000 launch-time figure. [3]
  4. Match floor, orientation, net sq ft and canal view to the floor plan and SPA.
  5. Rebuild the payment schedule from the SPA in a spreadsheet - the launch plan was reported as 20% on booking, 50% during construction and 30% on handover. [3]
  6. Verify the RERA project registration and escrow before transferring funds - neither is asserted here.
  7. OffplanInsight analysis: ask for the annual service charge estimate and compare it with one other Business Bay canal-front off-plan.

We do not publish ROI, guaranteed appreciation or "limited units" claims.

Bottom line

Developer partnership (Dutco Ellington), Business Bay / Dubai Water Canal location and the home types are well sourced from Ellington's official page and 2024 release. The 2027 handover is low-confidence: the quarter has already shifted from Q2 2027 (2024 release) to Q3 2027 (current site) and can move again - reconfirm contractually. [2] [1] Unit count is a sourced 295 [2], the price signal is a launch-time building-guide figure [3], and RERA/escrow are unverified here. Confirm everything on your SPA - this is independent research, not official disclosure.

FAQ

Who is developing One River Point?

It is a joint development by Dutco and Ellington Properties, marketed under the "Dutco Ellington" brand, on the Dubai Water Canal in Business Bay. [2] Confirm which entity is the contracting seller before you reserve.

When is handover?

2027 is the sourced target, but the quarter has moved - the official site now shows Q3 2027 [1] while the 2024 construction release said Q2 2027. [2] Treat it as a non-guaranteed target and reconfirm the completion date on your SPA.

What homes are offered?

The official site lists studios, 1-3 bedroom apartments, 3-4 bedroom penthouses and 4-bedroom duplexes [1], with 295 homes in total per the joint release. [2]

What is the starting price?

A building-guide record reports units from AED 1,480,000 at sales launch [3], and the official page we reviewed did not display a price. Treat it as a launch-time signal and request current availability with unit prices.

How tall is the building?

A building-guide record describes it as a 43-storey residential building. [3] Marketing framings can differ - verify the storey and floor numbering from official documents before relying on view or floor claims.

Sources

  1. One River Point — Ellington Properties (Dutco Ellington). Accessed 2026-07-27.
  2. Dutco and Ellington Properties commence construction of AED 1.2 billion development One River Point — Ellington Properties. Accessed 2026-07-27.
  3. One River Point Building Guide — Propsearch. Accessed 2026-07-27.

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