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M G S DEVELOPMENT L.L.C

Edgewater Residences

Under Construction · Date not reported|504 units · 5 buildings
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Edgewater Residences is an under-construction community by M G S DEVELOPMENT L.L.C in Dubai Islands, comprising 504 registered units. 305 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,425 per sqft. At AED 2,425 per sqft, Edgewater Residences prices in line with the Dubai Islands median of AED 2,439 per sqft on registered sales.

PIX© price · ↓12.2% YoY
2.61MAED
Typical
2,425AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
305
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Explore locations
2 inside Edgewater Residences
Edgewater Residences 3
147 sales · 0 rentals
Edgewater Residences 2
89 sales · 0 rentals
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 6
…

2 Bed on Floor 6, Tower 2

Size
Record
Oct 2024 to Oct 2026
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 213 Oct 202619 d
Current owner
1Owner 118 Oct 20242.0 yrs
PIX© Airbnb Calculator

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2 Bed · Floor 6 · Tower 2
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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 - 4,826 sqft
5042.61M2,425↓12.2%
1 Bed · Apartment
548 - 1,870 sqft
219
2 Bed · Apartment
1,051 - 2,618 sqft
192
3 Bed · Apartment
1,365 - 4,826 sqft
93
No rental contracts registered - the project has not handed over.
Sales - Project-Wide305 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
13 Oct 20262 BedTower 2 · Floor 61,1442,393,3352,0920.0%Entry LevelOff-Plan Sale
14 Sep 20262 BedFloor 121,3193,093,0932,346-StandardOff-Plan Sale
10 Sep 20261 BedFloor 98462,236,3542,643-Entry 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 Dubai Islands

The closest-priced registered projects in Dubai Islands.

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 2,425 per sqft, or about AED 2,608,463 for a typical unit, based on 305 sales registered with the Dubai Land Department.

When is Edgewater Residences handing over?

Edgewater Residences is under construction in the Dubai Land Department project register. No handover date is on record.

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 504 registered units, per the Dubai Land Department unit register.

Have prices in Edgewater Residences gone up or down?

Price per sqft has fallen -12.2% over the last 12 months, to AED 2,425, across 305 registered sales.