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M G S DEVELOPMENT L.L.C

Edgewater Residences 2

Under Construction · Date not reported|97 units · 1 building
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Edgewater Residences 2 is an under-construction development by M G S DEVELOPMENT L.L.C in Dubai Islands, comprising 97 registered units. 88 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,067 per sqft. At AED 2,067 per sqft, Edgewater Residences 2 prices 11% below the Dubai Islands median of AED 2,313 per sqft on registered sales.

PIX© price · ↓5.0% YoY
2.53MAED
Typical
2,067AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
88
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
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.

Floor
Units on floor 6
…

2 Bed on Floor 6, Edgewater Residences 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 202620 d
Current owner
1Owner 118 Oct 20242.0 yrs
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2 Bed · Floor 6 · Edgewater Residences 2
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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
972.53M2,067↓5.0%
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-Wide88 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 BedEdgewater Residences 2 · Floor 61,1442,393,3352,0920.0%Entry LevelOff-Plan Sale
7 Jul 20262 BedEdgewater Residences 2 · Floor 31,2722,827,8872,223-StandardOff-Plan Sale
3 Jul 20262 BedEdgewater Residences 2 · Floor 31,5503,400,7392,194-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 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 2,067 per sqft, or about AED 2,531,819 for a typical unit, based on 88 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 -5.0% over the last 12 months, to AED 2,067, across 88 registered sales.