One River Point Property Development By Ellington
Last Updated on: 2nd November 2024, 05:58 am
Introducing One River Point, an exquisite luxury residential project in Miami, developed by the esteemed Ellington Group real estate developer. Located in the vibrant Business Bay area, this waterfront living development comprises more than 50 floors and approximately 450 units, offering a diverse range of housing options including studios, 1 to 4-bedroom apartments, penthouses, and duplexes complete with private pools. Starting prices are set at 1,482,828 AED (about $403,710 USD) for studios, with a flexible payment plan allowing for 20% down, then 50% during construction, and the remaining 30% upon completion, along with a one-time 4% payment to the Dubai Land Department for property registration1.
Ellington Properties, known for their commitment to quality, anticipates that this remarkable project will be completed by the second quarter of 2027. As a key player in the market, this development aligns with the best real estate projects Miami, blending luxury and strategic investment opportunities in a rapidly expanding urban environment. With the expected growth of Dubai’s population, projected to reach 5.8 million by 2040, One River Point represents not just a home, but a smart investment aimed at yielding high returns2.
Key Takeaways
- One River Point features 450 units, including studios to 4-bedroom apartments.
- Initial investment starts from 1,482,828 AED ($403,710 USD) for studios.
- Flexible payment plans offer a manageable purchase process.
- Completion date is set for the second quarter of 2027, promising a cutting-edge living experience.
- Ellington Properties is recognized for delivering outstanding residential environments.
Overview of One River Point
One River Point signifies a new standard in luxury condos Miami, presenting a remarkable opportunity for exclusive waterfront living Miami. This mixed-use development, conceptualized by the renowned Ellington Group real estate developer, showcases two 65-story residential towers, consisting of over 350 residences that capture the essence of contemporary urban living. The variety of unit options includes everything from charming studios to expansive 4-bedroom residences and opulent penthouses.
Introduction to the Development
The luxury residential project Miami features thoughtfully crafted condos with floor plans ranging from 1,079 to 1,921 square feet, catering to diverse lifestyles. Each unit is designed to embrace natural light with large glass windows, offering residents magnificent views of the vibrant surrounding skyline and the tranquil waterfront. Notably, the expected construction timeline started in spring 2016 and reached completion in fall 2018, marking a significant achievement in the pursuit of architectural excellence and superior living standards34.
Architectural Excellence
The aesthetic appeal of One River Point is underscored by architectural brilliance, curated by the esteemed Rafael Viñoly Architects. This luxury residential project Miami elevates the concept of urban living, featuring an innovative design that emphasizes sleek lines and a harmonious blend of indoor and outdoor spaces. The project boasts a stunning 85-foot cascading waterfall and a 4-story floating podium, enhancing its visual orientation while integrating with the riverfront environment5. Such distinctive features reflect the meticulous craftsmanship and high-quality materials that resonate throughout the entire property.
As a key investment in the heart of Miami, One River Point stands out due to its comprehensive amenities, including an infinity-edge pool, a 6,000 square foot fitness center, and an inviting kid’s indoor and outdoor activity play area. Residents benefit from additional conveniences such as security and concierge services, encapsulating the luxurious lifestyle that this development offers. With starting prices for condos set at $651,240, One River Point represents an enticing venture for discerning homeowners and astute investors34.
Luxury Amenities and Lifestyle at One River Point
One River Point is not just a place to live; it offers a lavish lifestyle complemented by exceptional One River Point amenities. Residents can indulge in luxurious living spaces surrounded by beautifully landscaped areas that create a serene atmosphere. This development features exclusive amenities, making it stand out among the best real estate projects Miami has to offer.
Exclusive Amenities
The impressive array of amenities available at One River Point elevates the living experience. Notable features include:
- Infinity-edge oasis pool and a separate lap pool, perfect for relaxation and exercise.
- A 35,000-square-foot members-only club, featuring upscale dining and entertainment options.
- Fitness and yoga studios well-equipped to meet a variety of wellness needs.
- Play areas thoughtfully designed for children, promoting a family-friendly community.
- Access to a med spa, ensuring relaxation and rejuvenation for residents.
Dining is a delight, with gourmet eateries lining an 8,000 square foot promenade next to the Miami River, providing residents with various culinary experiences. The luxurious lifestyle at One River Point is designed to meet the expectations of discerning buyers looking for luxury amenities Miami offers.
Family-Friendly Community
One River Point is designed with families in mind, aiming to create a welcoming community for all ages. Key features include:
- Proximity to educational institutions and healthcare facilities, ensuring families have access to essential services.
- Multiple recreational areas nearby that encourage outdoor activities and family engagement.
- Short drives to schools and parks, facilitating convenience and quality family time.
With its exceptional offering of waterfront real estate Miami and an environment that encourages connection and community, One River Point is an ideal choice for families considering Miami luxury property investment opportunities.
For further details on the luxurious experiences provided by these One River Point amenities, visit this link678.
Conclusion
One River Point by Ellington Properties stands as a landmark in the realm of luxury residential projects in Miami, offering a blend of elegance and sophistication that is truly unmatched. With its state-of-the-art design, exquisite amenities, and a family-friendly environment, it establishes an unparalleled opportunity for exclusive waterfront living in Miami.
As the project continues to develop, its architectural brilliance and thoughtful community planning signal a bright future for potential residents. The combination of the scenic Miami River with a vibrant community makes One River Point not just a residence, but an investment in a prestigious lifestyle that will undoubtedly meet the demands of discerning individuals seeking luxury.
With substantial investment potential shaped by current real estate trends, One River Point is positioned to raise the bar in Miami’s luxury market. To learn more about this exceptional project and discover its luxurious offerings, you can explore more details here9.
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Source Links
- https://www.one-river-point.com/
- https://www.propertyfinder.ae/en/new-projects/ellington/one-river-point
- https://kafka-franz.com/oneriverpoint.htm
- https://www.condohotelcenter.com/condominiums/featured-properties/one-river-point.html
- https://www.lxcollection.com/article/metaverse-real-estate-220-central-park-west-one-river-point-miami/
- https://oneriverpointdubai.com/
- https://luxlifemiamiblog.com/one-river-point-at-the-miami-river/
- https://brickell.com/one-river-point-condos/
- https://dkvrealestate.com/2023/11/14/one-river-point-the-epitome-of-luxury-living-in-dubai/