Edgewater Residences 3

Under Construction · Date not reported|328 units · 3 buildings

Edgewater Residences 3 is an under-construction community by M G S DEVELOPMENT L.L.C in Dubai Islands, comprising 328 registered units. 146 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,686 per sqft. At AED 2,686 per sqft, Edgewater Residences 3 prices 7% above the Dubai Islands median of AED 2,501 per sqft on registered sales.

PIX© price · ↑4.2% YoY

3.39MAED

Typical

2,686AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

146

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDubai Islands

Drive times · typical

Downtown Dubai23 min · 21.1 km

DXB Airport19 min · 10.1 km

DIFC25 min · 18.8 km

Dubai Marina35 min · 38.9 km

Palm Jumeirah35 min · 41.2 km

Nearest · straight-line

Metro stationGold Souq Metro Station 22.7 km

MallKeswa1.8 km

SchoolKB-TKIT KHALIFAH INDONESIA2 km

HospitalDr. Ismail Polyclinic (Branch), Gold souk | Deira2.6 km

OPEN IN GOOGLE MAPS →

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 1

…

Select a unit to read its record.

Edgewater Residences 32,686AED/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 645 - 4,826 sqft	328	3.39M	2,686	↑4.2%
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-Wide146 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
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
16 Jul 2026	1 Bed	Floor 8	786	2,227,458	2,834	-	Standard	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 3

Compared with

Arya Residences

PIX© PSF

2,668

Rank

#20 of 55

#19 of 55

Typical price

2.80M

Yield

—

Units

328

Sales

147

Rents

—

Developer

M G S DEVELOPMENT L.L.C

CITI DEVELOPERS REAL ESTATE DEVELOPMENT L.L.C

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Hatimi Residences FAKHRUDDIN PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	116					100	—
	Flora Isle FLORA ISLE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	251					243	—
	Ellington Sands 1 Block A ELLINGTON PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	350					319	—
	Ellington Sands 1 ELLINGTON PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	471					429	—
	Arya Residences CITI DEVELOPERS REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	68					56	—
20	Edgewater Residences 3 M G S DEVELOPMENT L.L.C · U/C · Off-plan pricing	328	2,668	Subject	2.80M	—	147	—
	Bay Grove Residence 7 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	118					119	—
	AQUORA by Casa Vista Development CASA VISTA DEVELOPMENT L.L.C · U/C · Off-plan pricing	111					20	—
	997 Residences REEF LUXURY DEVELOPMENT L.L.C · U/C · Off-plan pricing	63					19	—
	Beach Walk Residences 4 IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · U/C · Off-plan pricing	70					63	—
	Esme Beach Residences ELYSIAN LUXURY REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	109					105	—

Community median 2,501 AED/sqft. Showing the closest-ranked peers of 55 ranked projects in the community. 15 community projects excluded for insufficient recorded sales. 5 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.

Arya ResidencesAED 2,711/sqft
Bay Grove Residence 7AED 2,653/sqft
Ellington Sands 1AED 2,756/sqft
AQUORA by Casa Vista DevelopmentAED 2,614/sqft
Ellington Sands 1 Block AAED 2,775/sqft
997 ResidencesAED 2,589/sqft

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 2,686 per sqft, or about AED 3,390,582 for a typical unit, based on 146 sales registered with the Dubai Land Department.

When is Edgewater Residences 3 handing over?

Edgewater Residences 3 is under construction in the Dubai Land Department project register. No handover date is on record.

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 +4.2% over the last 12 months, to AED 2,686, across 146 registered sales.