One River Point by Ellington – 1-Bedroom Apartment in Business Bay (1,060 sq ft, Off-Plan)

One River Point is Ellington Properties' landmark residential tower rising within Business Bay – Dubai's central business and waterfront district, a neighbourhood defined by Dubai Canal frontage, seamless connectivity to Downtown Dubai, and a growing stock of design-led residential buildings. This one-bedroom residence offers a total built-up area of 1,060 sq ft, comprising 930 sq ft of internal living space and an additional 130 sq ft of private external area – a generous footprint for a one-bedroom configuration in this part of the city.

Priced at AED 3,380,828 (approximately AED 3,189 per sq ft), the apartment is available through Ellington's off-plan programme with a 70/30 payment plan: 70% payable during the construction phase and the remaining 30% upon handover. The annual service charge is set at AED 20 per sq ft per year, resulting in an indicative annual service fee of approximately AED 21,205 based on the total built-up area. Prospective buyers should factor this figure into their holding-cost calculations alongside any mortgage or financing arrangements.

Ellington Properties is widely recognised in Dubai's residential market for an interior-first design philosophy that prioritises ceiling heights, material quality, and considered spatial planning. One River Point this approach, positioning itself among the more architecturally distinctive addresses currently available within Dubai's active off-plan pipeline. The 70/30 structure spreads capital commitment across the construction timeline, which appeals to buyers who want to preserve liquidity while securing a fixed entry price.

Business Bay's evolution from a pure commercial hub into a mixed-use waterfront neighbourhood continues to attract both end-users and investors. For a broader perspective on what drives yield and capital performance across Business Bay's residential and commercial stock, the Business Bay asset performance case study offers data-grounded context. Buyers comparing districts should also consult the 2026 guide to the best areas for off-plan property in Dubai, which benchmarks Business Bay against other leading locations on metrics such as developer track record, infrastructure maturity, and liquidity.

Key facts at a glance: 1 bedroom · 1,060 sq ft total (930 sq ft internal + 130 sq ft external) · AED 3,380,828 · AED 3,189/sq ft · 70/30 payment plan · AED 20/sq ft/yr service charge · Off-plan by Ellington Properties · Business Bay, Dubai.