PropertyIndex

Edgewater Residences 2

Under Construction · Due Q3 2026 · 13%|97 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Edgewater Residences 2 is an under-construction apartment development by M G S DEVELOPMENT L.L.C in Palm Deira, comprising 97 registered units. 87 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,120 per sqft. At AED 2,120 per sqft, Edgewater Residences 2 prices 15% below the Palm Deira average of AED 2,496 per sqft on registered sales.

PIX© price · 1.2% YoY
2.84MAED
Typical
2,120AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
87
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Edgewater Residences 2

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
725 – 2,323 sqft
972.84M2,1201.2%
1 Bed · Apartment
725 – 1,870 sqft
32
2 Bed · Apartment
1,082 – 2,070 sqft
54
3 Bed · Apartment
1,576 – 2,323 sqft
11
No rental contracts registered — the project has not handed over.
Sales — Project-Wide87 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
Floor Analysis
last 24 months
Median PSF · 87 sales
Floors 1-6 · 44 sales
Floors 7-12 · 43 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
7 Jul 2026Floor 31,2722,827,8872,223StandardOff-Plan Sale
3 Jul 2026Floor 21,5533,369,1152,170Entry LevelOff-Plan Sale
3 Jul 2026Floor 31,5503,400,7392,194Entry LevelOff-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 2

Answered from Dubai Land Department registered transactions.

How much does a property in Edgewater Residences 2 cost?

Property in Edgewater Residences 2 sells at a current PIX© price of AED 2,120 per sqft, or about AED 2,841,304 for a typical unit, based on 87 sales registered with the Dubai Land Department.

When is Edgewater Residences 2 handing over?

Edgewater Residences 2 is under construction, due q3 2026, and is 13% complete against the Dubai Land Department's reported progress.

Who is the developer of Edgewater Residences 2?

Edgewater Residences 2 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 2?

Edgewater Residences 2 holds 97 registered units, per the Dubai Land Department unit register.

Have prices in Edgewater Residences 2 gone up or down?

Price per sqft has risen +1.2% over the last 12 months, to AED 2,120, across 87 registered sales.