Ellington, Dutco break ground for Dh1.2 billion One River Point

Staff Report,
Dubai, UAE

Ellington Properties, a leading boutique developer in the UAE, along with Dutco has announced the commencement of the construction of their luxury waterfront residential development, One River Point, in Business Bay. The Dh1.2 billion project is slated for completion in Q2 2027.

One River Point is composed of 295 units. These include studios, one-, two-, and three-bedroom apartments, three- and four-bedroom penthouses and four-bedroom duplexes with private pools. The property features a host of amenities including two resort-style infinity pools, a children’s pool, a fitness studio with adult climbing provisions, a yoga studio with virtual trainer, an experience room, kids’ play areas, a pets’ wash and play area, open terraces with Dubai Canal views, a barbecue deck, and a clubhouse. Food & beverage and retail options overlooking Dubai Canal are also featured at One River Point. Additionally, the development offers panoramic views of Dubai’s iconic landmarks.

Nelson Gibb, Group CEO, Dutco, said, “The groundbreaking of One River Point reinforces Dutco’s strategic commitment to advancing our real estate portfolio in collaboration with Ellington Properties. This venture aligns seamlessly with our business objective of delivering high-value, sophisticated residences in key locations such as Business Bay. We are not just creating living spaces but curating an upscale lifestyle, contributing to our vision of setting new benchmarks in Dubai’s competitive real estate market. Dutco’s top-tier construction arm will deliver a high-quality product to our discerning customers.”

The initiation of the construction of One River Point marks a pivotal moment in the enduring collaboration between Dutco and Ellington Properties, embodying their collective vision to enhance the value proposition of prominent residential communities such as Business Bay.

Joseph Thomas, Co-Founder, Ellington Properties, said, “The groundbreaking of One River Point stands as a vivid testament to Ellington’s steadfast dedication to curating remarkable lifestyles. It signifies more than just the initiation of construction; it embodies our unwavering commitment to redefining urban living. This ceremony boldly asserts our vision of setting new benchmarks in the realm of real estate, showcasing our determination to shape environments that reflect the aspirations and values of our discerning clientele.”

Ellington Properties has various projects in Dubai and Ras Al Khaimah. These include Ocean House in Palm Jumeirah, One River Point in Business Bay, Art Bay in Al Jaddaf, Ellington House in Dubai Hills Estate, UH by Ellington Properties in Jumeirah Lakes Towers, and Porto Playa in Hayat Island, Ras Al Khaimah.

Ends

Also read: Dutco and Ellington Properties launch Art Bay in Al Jaddaf  

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