Edgewater Residences

Under Construction · Date not reported|504 units · 5 buildings

Edgewater Residences is an under-construction community by M G S DEVELOPMENT L.L.C in Dubai Islands, comprising 504 registered units. 304 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,440 per sqft. At AED 2,440 per sqft, Edgewater Residences prices in line with the Dubai Islands median of AED 2,462 per sqft on registered sales.

PIX© price · ↓3.3% YoY

2.75MAED

Typical

2,440AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

304

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

88 sales · 0 rentals

SATELLITE

LocationDubai Islands

Drive times · typical

Downtown Dubai22 min · 20.9 km

DXB Airport18 min · 9.9 km

DIFC24 min · 18.6 km

Dubai Marina34 min · 38.7 km

Palm Jumeirah34 min · 41.0 km

Nearest · straight-line

Metro stationGold Souq Metro Station 22.6 km

MallKeswa1.7 km

SchoolKB-TKIT KHALIFAH INDONESIA2.2 km

HospitalDr. Ismail Polyclinic (Branch), Gold souk | Deira2.4 km

Exclusive to PropertyIndex©

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 4

…

1 Bed on Floor 4

Size
Record: Aug 2024 to Aug 2026
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	17 Aug 2026				31 d	Current owner
1Owner 1	5 Aug 2024				2.0 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 4

Nightly rateAED

Occupancy (237 nights)

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Edgewater Residences2,440AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 548 - 4,826 sqft	504	2.75M	2,440	↓3.3%
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-Wide304 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
14 Sep 2026	2 Bed	Floor 12	1,319	3,093,093	2,346	-	Standard	Off-Plan Sale
10 Sep 2026	1 Bed	Floor 9	846	2,236,354	2,643	-	Entry Level	Off-Plan Sale
8 Sep 2026	1 Bed	Floor 10	786	2,275,880	2,895	-	Premium	Off-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.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Edgewater Residences

Compared with

Bay Grove Residence 11

PIX© PSF

2,426

Rank

#30 of 57

#29 of 57

Typical price

2.60M

Yield

—

Units

504

106

Sales

307

109

Rents

—

Developer

M G S DEVELOPMENT L.L.C

DUBAI HOLDING (L.L.C)

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Esme Beach Residences ELYSIAN LUXURY REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	109					105	—
	Edgewater Residences 3 M G S DEVELOPMENT L.L.C · U/C · Off-plan pricing	328					147	—
	Bay Grove Residence 10 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	118					120	—
	Beach Walk Grand 2 IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	108					107	—
	Bay Grove Residence 11 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	106					109	—
30	Edgewater Residences M G S DEVELOPMENT L.L.C · U/C · Off-plan pricing	504	2,426	Subject	2.60M	—	307	—
	Luzora Residences D I A HOMES REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	108					26	—
	Octa Isle Interiors OCTA DI DEVELOPMENT CO. L.L.C · U/C · Off-plan pricing	112					96	—
	Seacliff by Imtiaz IMTIAZ LUXURY REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	170					50	—
	Bay Grove Residence 4 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	115					117	—
	Iluka Residences MS HOMES DEVELOPERS L.L.C · U/C · Off-plan pricing	57					30	—

Community median 2,462 AED/sqft. Showing the closest-ranked peers of 57 ranked projects in the community. 15 community projects excluded for insufficient recorded sales. 3 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai Islands

The closest-priced registered projects in Dubai Islands.

Bay Grove Residence 11AED 2,462/sqft
Luzora ResidencesAED 2,411/sqft
Octa Isle InteriorsAED 2,395/sqft
Seacliff by ImtiazAED 2,377/sqft
Beach Walk Grand 2AED 2,506/sqft
Bay Grove Residence 4AED 2,347/sqft

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 2,440 per sqft, or about AED 2,745,899 for a typical unit, based on 304 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 -3.3% over the last 12 months, to AED 2,440, across 304 registered sales.