The Allsopp & Allsopp Dubai Property Market Report for Q3 2024 is now availableRead the report
As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.
The city of architectural dreams is set to see yet another shining marvel on the star-studded skyline of Dubai. and hotels just at a stone's throw away - Dubai is the epitome of a good life.
And let’s not forget that Dubai’s property market isn’t slowing down anytime soon either. Just picking itself up and reaching new heights, Dubai’s property market has been breaking one too many records. As the population rises, the rise and demand of properties has been soaring too welcoming many new off-plan developments and luxury residences to the market.
So, what’s the newest one on the market, you might ask?
Dubai's real estate landscape is set to welcome a new gem with the joint venture of Dutco and Ellington Properties, One River Point. This waterfront project is poised to redefine luxurious living in the heart of the bustling Business Bay neighbourhood.
Dutco Construction is a conglomerate that dates back with a legacy to 1947. Being pioneers in the construction business, they have now joined forces with Ellington Properties, who are Dubai's award-winning boutique developer, to create a series of premium residential developments. Their newest and latest addition, One River Point, currently stands as the newest one with a lot more than luxury to offer!
One River Point boasts a collection of 295 meticulously designed studios, one, two, and three-bedroom apartments, along with 3 and 4-bedroom penthouses. There are also exclusive four-bedroom duplexes with private pools that offer a distinctive touch for anyone seeking that ultra-luxurious living.
And of course, each residence provides panoramic views of Dubai's iconic landmarks, including the Dubai Water Canal, Burj Khalifa, and Burj Al Arab.
This project is scheduled for completion in Q2 2027.
Nelson Gibb, who is the Group CEO of Dutco, expressed his confidence in One River Point, describing it as the shared vision with Ellington Properties.
Elie Naaman, who is the CEO of Ellington Properties, also emphasised the significance of this strategic partnership between themselves and Dutco, further discussing their commitment to delivering high-quality living across the city.
One River Point also offers an array of world-class amenities. Two resort-style infinity pools, a dedicated children’s pool, a state-of-the-art fitness studio, yoga studio, immersive experience room, outdoor and indoor kids’ play areas, pets’ wash and play area, open terraces, barbeque deck, and an exclusive clubhouse cater to the wellness-oriented and sophisticated lifestyle of its residents.
I mean, what more could one need, am I right?
Situated strategically, One River Point ensures seamless connectivity to major city hotspots, with proximity to Dubai International Airport and vibrant Downtown Dubai.
Ellington Properties' diverse portfolio includes award-winning projects across Dubai, further solidifying their commitment to providing high-quality living experiences. One River Point, under the Dutco Ellington brand, emerges as a pinnacle of luxury living in Dubai's thriving real estate market.
Want to call it your next investment? Get in touch with our Head of Developer Sales; Fintan Flannelly