PropertyIndex

Edgewater Residences

Under Construction · 9%|79 units · 1 building

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Edgewater Residences is an under-construction apartment development by M G S DEVELOPMENT L.L.C in Palm Deira, comprising 79 registered units. 69 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,108 per sqft. At AED 2,108 per sqft, Edgewater Residences prices 16% below the Palm Deira average of AED 2,496 per sqft on registered sales.

PIX© price · 4.4% YoY
2.15MAED
Typical
2,108AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
69
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Edgewater Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
548 – 3,436 sqft
792.15M2,1084.4%
1 Bed · Apartment
548 – 1,070 sqft
21
2 Bed · Apartment
1,051 – 2,342 sqft
33
3 Bed · Apartment
1,365 – 3,436 sqft
25
No rental contracts registered — the project has not handed over.
Sales — Project-Wide69 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
13 Jul 20262 BedFloor 91,1282,292,6062,0330.0%StandardOff-Plan Sale
2 Feb 20262 BedFloor 81,0632,250,0002,116+4.9%StandardOff-Plan Sale
24 Dec 20251 BedFloor 25481,275,0002,329+7.1%StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Deira

The closest-priced registered projects in Palm Deira.

Common questions about Edgewater Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Edgewater Residences cost?

Property in Edgewater Residences sells at a current PIX© price of AED 2,108 per sqft, or about AED 2,146,498 for a typical unit, based on 69 sales registered with the Dubai Land Department.

When is Edgewater Residences handing over?

Edgewater Residences is under construction, and is 9% complete against the Dubai Land Department's reported progress.

Who is the developer of Edgewater Residences?

Edgewater Residences is developed by M G S DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Edgewater Residences?

Edgewater Residences holds 79 registered units, per the Dubai Land Department unit register.

Have prices in Edgewater Residences gone up or down?

Price per sqft has risen +4.4% over the last 12 months, to AED 2,108, across 69 registered sales.