
Business Bay·Developer: Ellington Properties
This is a 2-bedroom off-plan apartment in One River Point by Ellington Properties in Business Bay, priced at AED 4,958,828. Unit 1302 offers 1,688.32 sqft with a 70/30 payment plan, making it suitable for buyers seeking a branded Ellington residence in a central Dubai location with defined service charge and price-per-sqft metrics.
One River Point is Ellington Properties' signature residential tower rising within Business Bay, Dubai's dynamic central business and lifestyle district — a location defined by its Dubai Canal frontage and immediate proximity to Downtown Dubai. This 2-bedroom apartment offers a combined built-up area of 1,688 sq ft, comprising approximately 1,510 sq ft of internal living space complemented by around 179 sq ft of external area, giving residents meaningful outdoor space in one of the city's most coveted mid-rise addresses.
Ellington Properties is a design-led developer known for curated interiors and architectural detail. One River Point continues that philosophy, positioning it firmly among the standout off-plan residential projects currently available in Dubai. The asking price is AED 4,958,828 — translating to approximately AED 2,937 per sq ft — structured under a 70/30 payment plan that allows buyers to stage payments during construction with the remaining 30% due at handover. The annual service charge is rated at AED 20 per sq ft, giving prospective owners a clear picture of ongoing holding costs from day one.
Business Bay's appeal to owner-occupiers and investors alike is well documented. The district sits at the nexus of Sheikh Zayed Road, Al Khail Road, and the Dubai Canal waterway, offering connectivity to the wider emirate while keeping residents within walking distance of Downtown Dubai's retail, dining, and cultural anchors. For a deeper look at yield dynamics and asset performance in this submarket, the Business Bay cap-rate case study on the platform's blog provides granular context drawn from actual transactions in the district.
Buyers evaluating where Business Bay ranks against other growth corridors in 2026 may also find value in the platform's 2026 buyer's shortlist of the best areas to purchase off-plan property in Dubai, which benchmarks Business Bay alongside competing master communities on key investment metrics.
Key figures at a glance:
Dubai's central business district with Dubai Canal and Downtown views.
Payment Plan: 70/30 · Service Charge: AED 20/sqft/yr · Price per sqft: AED 2,937.