For sale flat in city Dubai Dubai

One River Point: New Development by Ellington Properties in Business Bay

Project Description:

One River Point is an exclusive residential project by Ellington Properties located in Business Bay, directly on the shore of the Dubai Water Canal. Rising over 50 stories, this skyscraper houses 37 floors dedicated exclusively to residential apartments. The project is being built in collaboration with the Dutco Group, known for its involvement in iconic projects such as the Dubai Mall, the Museum of the Future and Dubai International Airport. Construction is scheduled for completion in the second quarter of 2027.

Unit Types:

One River Point offers a wide range of housing solutions, including studios, 1-3 bedroom apartments, 3-4 bedroom penthouses, and duplexes. Units range in size from 45 square meters to 545 square meters. Modern interiors feature light colors and dark accents, creating a calm, contemporary atmosphere.

Features and Comfort:

Kitchens feature a hidden pantry and ample storage space. Apartments with 3-4 rooms feature a built-in sink with a rinse well and a retractable fume hood with touch control and charcoal filter. Duplexes and penthouses include an extra pantry and terrace, with some properties also boasting a private pool. Large picture windows flood the spaces with natural light, offering spectacular views of the Dubai Water Canal.

Amenities and Common Areas:

One River Point offers world-class luxury amenities, including an infinity pool, lounge chairs, gazebo, barbecue area, fitness and yoga studios, restaurants, a terrace, lounge, and a steam room and sauna with changing rooms. The clubhouse includes a relaxation space, a co-working area, and a café overlooking the pool through panoramic doors. Children can have fun in the dedicated pool and outdoor play area with soft floors, while an indoor area offers interactive games, a bathhouse, and a baby changing station.

Unique Feature:

The complex includes an exclusive dive room, ideal for those who want to escape the daily hustle and bustle and immerse themselves in the wilderness through a projection screen and comfortable sofas.

Parking and Location:

Each studio and 1-2 room apartment receives one parking space, while 3-4 room apartments have two parking spaces. One River Point is conveniently located near many restaurants, parks, and points of interest such as Dubai Mall, Dubai Opera, and Safa Park. It is easily accessible from Sheikh Zayed Road and is only 20 minutes from Dubai International Airport, Palm Jumeirah, and the Emirates Golf Course.

Education and Health:

There are quality kindergartens and schools nearby, such as Canadian Kids Nursery and Safa British School. For medical care, Prime Medical Center - Jumeirah, Aster Clinic Business Bay and Medcare Hospital are within a 10-minute drive.

Investment Opportunities:

One River Point represents a solid investment opportunity due to the expected growth in property values. Purchasing a property offers the possibility of a 15-20% return on investment once the project is completed. During the development phase, an advantageous 70/30 payment plan with a 20% down payment is available.

Visas for Investors:

Upon property transfer, foreign investors can apply for a 2-year UAE residential visa. If the amount invested reaches AED 2 million (USD 545,000), a 10-year Golden Visa can be obtained, which can also be extended to spouse, children and domestic staff.

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