PropertyIndex

Edgewater Residences 3

Under Construction · Due Q1 2027 · 5%|328 units · 3 buildings

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Edgewater Residences 3 is an under-construction apartment development by M G S DEVELOPMENT L.L.C in Palm Deira, comprising 328 registered units. 144 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,703 per sqft. At AED 2,703 per sqft, Edgewater Residences 3 prices 8% above the Palm Deira average of AED 2,496 per sqft on registered sales.

PIX© price · 6.3% YoY
3.38MAED
Typical
2,703AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
144
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Edgewater Residences 3

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
645 – 4,826 sqft
3283.38M2,7036.3%
1 Bed · Apartment
645 – 1,748 sqft
166
2 Bed · Apartment
1,081 – 2,618 sqft
105
3 Bed · Apartment
1,533 – 4,826 sqft
57
No rental contracts registered — the project has not handed over.
Sales — Project-Wide144 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
Tower & Floor Analysis
last 24 months
All towers · 144 sales
Floors 1-6 · 73 sales
Floors 7-12 · 71 sales
Building B · 76 sales
Floors 1-6 · 36 sales
Floors 7-12 · 40 sales
Building A · 34 sales
Floors 1-6 · 20 sales
Floors 7-12 · 14 sales
Building C · 34 sales
Floors 1-6 · 17 sales
Floors 7-12 · 17 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
16 Jul 20261 BedBuilding B · Floor 87862,227,4582,834PremiumOff-Plan Sale
3 Jun 20262 BedBuilding C · Floor 31,2612,999,5432,379StandardOff-Plan Sale
8 May 20261 BedBuilding B · Floor 77892,235,6922,834StandardOff-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 3

Answered from Dubai Land Department registered transactions.

How much does a property in Edgewater Residences 3 cost?

Property in Edgewater Residences 3 sells at a current PIX© price of AED 2,703 per sqft, or about AED 3,382,914 for a typical unit, based on 144 sales registered with the Dubai Land Department.

When is Edgewater Residences 3 handing over?

Edgewater Residences 3 is under construction, due q1 2027, and is 5% complete against the Dubai Land Department's reported progress.

Who is the developer of Edgewater Residences 3?

Edgewater Residences 3 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 3?

Edgewater Residences 3 holds 328 registered units, per the Dubai Land Department unit register.

Have prices in Edgewater Residences 3 gone up or down?

Price per sqft has risen +6.3% over the last 12 months, to AED 2,703, across 144 registered sales.