Edgewater Residences 2

Under Construction · Date not reported|97 units · 1 building

Edgewater Residences 2 is an under-construction development by M G S DEVELOPMENT L.L.C in Dubai Islands, comprising 97 registered units. 87 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,115 per sqft. At AED 2,115 per sqft, Edgewater Residences 2 prices 8% below the Dubai Islands median of AED 2,292 per sqft on registered sales.

PIX© price · ↓0.7% YoY

2.86MAED

Typical

2,115AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDubai Islands

Drive times · typical

Downtown Dubai22 min · 20.8 km

DXB Airport18 min · 9.8 km

DIFC24 min · 18.5 km

Dubai Marina34 min · 38.6 km

Palm Jumeirah34 min · 40.9 km

Nearest · straight-line

Metro stationGold Souq Metro Station 22.7 km

MallKeswa1.6 km

SchoolKB-TKIT KHALIFAH INDONESIA2 km

HospitalDr. Ismail Polyclinic (Branch), Gold souk | Deira2.5 km

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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.

Floor

Units on floor 1

…

Select a unit to read its record.

Edgewater Residences 22,115AED/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 725 - 2,323 sqft	97	2.86M	2,115	↓0.7%
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

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
7 Jul 2026	2 Bed	Edgewater Residences 2 · Floor 3	1,272	2,827,887	2,223	-	Standard	Off-Plan Sale
3 Jul 2026	2 Bed	Edgewater Residences 2 · Floor 3	1,550	3,400,739	2,194	-	Entry Level	Off-Plan Sale
3 Jul 2026	2 Bed	Edgewater Residences 2 · Floor 2	1,553	3,369,115	2,170	-	Entry Level	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 compare

This project

Edgewater Residences 2

Compared with

Flow Residences

PIX© PSF

2,154

Rank

#38 of 58

#37 of 58

Typical price

2.68M

Yield

—

Units

Sales

Rents

—

Developer

M G S DEVELOPMENT L.L.C

MAIN REALTY REAL ESTATE L.L.C

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Sunset Bay Grand By Imtiaz IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	98					81	—
	Bay Grove Residence 8 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	67					69	—
	Ayamore Residence AYAT REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	94					81	—
	Beach Residences Dubai Islands B3 NAKHEEL AND EXCELSIOR REAL ESTATE L.L.C · U/C · Off-plan pricing	100					111	—
	Flow Residences MAIN REALTY REAL ESTATE L.L.C · U/C · Off-plan pricing	50					25	—
38	Edgewater Residences 2 M G S DEVELOPMENT L.L.C · U/C · Off-plan pricing	97	2,154	Subject	2.68M	—	88	—
	Capital Horizon Terrace CAPITAL INTERNATIONAL REAL ESTATE DEVELOPER L.L.C · Pre-launch · Off-plan pricing	63					30	—
	Beach Walk Residences 3 IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · U/C · Off-plan pricing	82					84	—
	Samana Ocean Pearl SAMANA STAR REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	196					151	—
	Wellington Ocean A N K MOTIWALA REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	49					32	—
	Allegro Park MILL HILL RIVIERA DEVELOPMENT L.L.C · U/C · Off-plan pricing	52					24	—

Community median 2,292 AED/sqft. Showing the closest-ranked peers of 58 ranked projects in the community. 15 community projects excluded for insufficient recorded sales. 2 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.

Wellington OceanAED 2,102/sqft
Allegro ParkAED 2,101/sqft
Beach Walk Residences 3AED 2,138/sqft
Samana Ocean PearlAED 2,138/sqft
Capital Horizon TerraceAED 2,140/sqft
Meriden Beach ResidencesAED 2,073/sqft

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 2,115 per sqft, or about AED 2,856,735 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 in the Dubai Land Department project register. No handover date is on record.

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 fallen -0.7% over the last 12 months, to AED 2,115, across 87 registered sales.