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
- Reconfirm the handover quarter in writing - the official Q3 2027 versus the 2024 release's Q2 2027 [1] [2] - plus delay/penalty terms.
- Confirm which entity (Dutco / Ellington) is the seller on the SPA and holds the escrow account.
- Get a dated, unit-tied price and availability sheet; do not budget from the AED 1,480,000 launch-time figure. [3]
- Match floor, orientation, net sq ft and canal view to the floor plan and SPA.
- 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]
- Verify the RERA project registration and escrow before transferring funds - neither is asserted here.
- 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
- One River Point — Ellington Properties (Dutco Ellington). Accessed 2026-07-27.
- Dutco and Ellington Properties commence construction of AED 1.2 billion development One River Point — Ellington Properties. Accessed 2026-07-27.
- One River Point Building Guide — Propsearch. Accessed 2026-07-27.