1BR Apartment in One River Point, Business Bay

This 1-bedroom, 2-bathroom apartment at One River Point by Ellington Properties offers 1,060 sq ft on the Dubai Canal in Business Bay, priced from AED 3,314,828 (about AED 3,127 per sq ft), with handover expected in Q2 2027.

One River Point is an Ellington Properties tower of more than 50 storeys on the Dubai Canal waterfront in Business Bay, with about 450 homes from studios to 4-bedroom apartments, penthouses and duplexes, some with private pools, and views of Burj Khalifa, the canal and the sea; sales opened in October 2023. The Dubai Land Department lists it as project 2929 (Dutco Ellington Canal Front Real Estate L.L.C), registered in January 2024 with 298 units: 295 homes (19 studios, 94 one-bedroom, 146 two-bedroom, 33 three-bedroom and 3 four-bedroom) and 3 commercial units. Construction stood at 35.43% at the latest DLD inspection on 21 July 2026. Facilities include a swimming pool, a health club and gym, a yoga zone, landscaped gardens, a kids' play area, restaurants, cafés and retail.

Dubai Mall is about 5 minutes away by car, Burj Al Arab about 15 minutes and Dubai Marina about 25 minutes.

The 1-bedroom layout suits professionals and investors who want a design-led canal-front apartment near Downtown.

What is the payment plan for One River Point? 20% on booking, 50% during construction in eight instalments and 30% on handover (a 70/30 plan). Dubai Land Department registration adds 4% of the purchase price.

How does the price compare with Business Bay? Registered sales in Business Bay had a median of AED 2,431 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 4,754 sales). At about AED 3,127 per sq ft, this unit is around 29% above that median.

What rental yield can investors expect in Business Bay? The median annual rent was AED 95,000, a gross yield of about 4.6% over the same period (Dubai Land Department, 17,685 Ejari contracts in Business Bay). Actual returns depend on the unit, floor and market at handover.

When will One River Point be completed? Our feed lists handover in Q2 2027.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.