One Riverpoint | Studios, Apartments, & Penthouses
Business Bay Dubai
AED1,400,000
Overview
Property ID: HZORE-03
Apartment, Penthouse
Property Type
1-4
Bedrooms
4-6
Bathrooms
958
Sq Ft
2027
Year Built
Description
One River Point, situated along the Dubai Water Canal in Business Bay, is an innovative project comprising a building exceeding 50 stories, with 37 floors exclusively designated for residential units. Developed in collaboration with Dutco Group, a key player in notable projects such as Dubai Mall, Museum of the Future, and Dubai International Airport, Ellington Properties anticipates the completion of the project by the second quarter of 2027.
The interiors feature a modern design characterized by light hues and dark accents, creating a serene ambiance. The property offers a range of residential options, including studios, 1-3 bedroom apartments, 3-4 bedroom penthouses, and duplexes, with sizes ranging from 485 sq. ft to 5,850 sq. ft.
Kitchens are equipped with a concealed pantry and ample cabinetry, while 3-4 bedroom residences boast additional features such as a built-in kitchen sink with a rinsing well and an integrated pull-out downdraft extractor hood with touchscreen control and a charcoal filter. Duplexes and penthouses include an extra pantry and a terrace, with some featuring a private pool.
Panoramic windows flood the living spaces with natural light, enhancing the cozy and spacious feel of the homes, all while offering breathtaking views of the Dubai Water Canal.
One River Point offers world-class services, ensuring a luxurious living experience. The complex features a resident and guest drop-off zone with concierge services, a bright and spacious lobby furnished with luxurious sofas, and premium amenities such as an infinity pool, poolside lounge chairs, gazebos, BBQ area, fitness and yoga studios, F&B establishments, terrace, lounge, steam room, sauna with locker rooms, and a clubhouse with a co-working space and a coffee shop, offering a fantastic view of the pool through panoramic doors.
The community caters to children with a separate pool and outdoor playground with specially designed soft floors for safety. An indoor playground equipped with interactive games, a bathroom, and a baby changing station is also available.
A distinctive feature of the complex is the exclusive immersion room, providing an escape into a tranquil environment through a projection screen and comfortable sofas.
Parking allocations include one space for studios and 1-2 bedroom apartments, while 3-4 bedroom residences are provided with two parking spaces.
Location.
One River Point is surrounded by various dining options, all accessible within a 5-minute drive or a 20-minute walk, including So Tasty, Kitopi Business Bay, Yummitos, and Mama’esh Business Bay. Safa Park, a half-hour stroll away, features lush greenery for leisurely walks, basketball courts for sports enthusiasts, and lake docks for boating.
Al A’amal St offers proximity to renowned landmarks in Downtown Dubai. Dubai Mall, a 15-minute drive away, boasts 1,200+ shops, cafes, and restaurants, housing attractions like the Dubai Aquarium, Underwater Zoo, an Airbus 380 flight simulator, and the world’s largest sweet shop, Candylicious. Dubai Opera, nearby, offers immersive experiences in ballet, opera, plays, and creative performances.
A quick exit to Sheikh Zayed Road near One River Point connects to various parts of the emirate. Within 20 minutes, reach Dubai International Airport, Palm Jumeirah’s beaches, Emirates Golf Course, and its 36-hole golf course with dining options.
Numerous kindergartens and schools are within a 15-minute drive, including Canadian Kids Nursery, Maple Bear Nursery Business Bay, Safa British School, and Jumeirah English Speaking School. Medical assistance is accessible within a 10-minute drive to Prime Medical Center – Jumeirah, Aster Clinic Business Bay, and Medcare Hospital.
Situated in the prestigious Business Bay, One River Point is a solid investment. Post-completion, housing costs are expected to rise, providing an opportunity for a 15-20% return on investment. One-bedroom apartments in Business Bay yield an ROI of approximately 5.8%, renting for AED 95K (USD 26K) annually.
During the off-plan phase, Ellington Properties offers a favorable 70/30 payment plan with a 20% down payment requirement.
Upon One River Point’s handover, foreign investors can apply for a 2-year UAE residence visa. Meeting the AED 2M (USD 545K) minimum threshold qualifies investors for the 10-year Golden Visa, covering spouses, children, and domestic staff.