Dutco and Ellington Properties have commenced construction on One River Point, a new luxury waterfront residential development in Dubai Business Bay, UAE.

The Dh1.2bn ($326.76m) project under the Dutco Ellington brand is expected to be completed in the second quarter (Q2) of 2027. 

The latest announcement comes after the companies revealed the launch of this residential development in November last year. 

One River Point will have 295 design-led studios, one-, two-, and three-bedroom apartments, as well as exclusive three and four-bedroom penthouses and four-bedroom duplexes with private pools.  

It will include amenities such as two resort-style infinity pools, a children's pool, a fitness studio with adult climbing provisions, a yoga studio with a virtual trainer, and more. 

The development will also feature an immersive experience room, a barbecue deck, children's play areas, a pets’ wash and play area, open terraces with views of the Dubai Canal and an exclusive clubhouse. 

One River Point will also host upscale food and beverage and retail options. 

Dutco group CEO Nelson Gibb said: “The ground-breaking 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.” 

Ellington Properties has a diverse portfolio of projects across Dubai and Ras Al Khaimah.  

These projects include Ocean House in Palm Jumeirah, Art Bay in Al Jaddaf, Ellington House in Dubai Hills Estate, UH by Ellington Properties in Jumeirah Lakes Towers, and more.