Developer: MGS Development · Dubai Islands
Edgewater Residences 2 is a residential project by MGS Development in Dubai Islands, Dubai, with planned handover Q3 2026, construction 54.7% complete per the DLD registry, 97 units, 90 DLD-registered sales since 2022.
Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology
| Type | Units | Typical size, sq.ft |
|---|---|---|
| 1 Bedroom | 32 | 791–1 383 |
| 2 Bedroom | 54 | 1 082–1 553 |
| 3 Bedroom | 11 | 1 577–1 989 |
Size range excludes the smallest and largest 5% of units of each type.
All units are freehold. Data from the DLD registry.
For UAE residents the down payment starts at 20% with terms up to 25 years. Estimate your payment and purchase costs for your budget.
Estimates only; not a bank approval.
All Dubai projects handing over in 2026 →
Data from the Dubai Land Department project registry (updated 01.10.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: MGS Development · District: Dubai Islands
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 07.07.2026 | 2 BR | 118.2 | 2 827 887 |
| 06.07.2026 | 2 BR | 144.0 | 3 400 739 |
| 06.07.2026 | 2 BR | 144.2 | 3 369 115 |
| 17.06.2026 | 2 BR | 118.2 | 2 952 439 |
| 30.03.2026 | 2 BR | 150.1 | 2 892 806 |
| 24.03.2026 | 2 BR | 127.9 | 3 188 940 |
| 23.03.2026 | 2 BR | 118.2 | 3 014 714 |
| 06.03.2026 | 2 BR | 118.2 | 2 890 639 |
| 03.03.2026 | 2 BR | 118.0 | 3 017 312 |
| 17.02.2026 | 3 BR | 148.4 | 3 634 041 |
| 02.02.2026 | 2 BR | 121.7 | 3 032 413 |
| 08.01.2026 | 2 BR | 127.9 | 3 054 396 |
| 02.01.2026 | 1 BR | 100.4 | 2 058 321 |
| 19.12.2025 | 2 BR | 121.7 | 3 097 316 |
| 15.12.2025 | 1 BR | 106.0 | 2 139 512 |
| 15.12.2025 | 1 BR | 78.6 | 2 034 550 |
| 15.12.2025 | 2 BR | 110.7 | 2 853 310 |
| 17.11.2025 | 1 BR | 78.2 | 2 088 645 |
| 14.11.2025 | 1 BR | 78.1 | 2 064 600 |
| 29.10.2025 | 1 BR | 78.6 | 2 120 294 |
Dubai Land Department transaction registry, updated 2026-09-30. Explore Dubai property transactions →
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +5% over the same period, so the building grew faster.
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 81 | 1 961 158 | 24 212 | 32 |
| 2 bedrooms | 113 | 2 541 096 | 22 488 | 44 |
| 3 bedrooms | 153 | 3 252 177 | 21 256 | 12 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
From 2024 to 2026 — +12% on the price per square metre in this building. The district moved +48% over the same period, so the building lagged the market.
Top to bottom: purchase price per m², year, annual rent per m², gross yield.
All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.
* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
DLD has recorded 90 sales in this building since 2022, 2 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.
Edgewater Residences 2 is a one-building residential project by M G S Development on Dubai Islands. The project comprises 97 units and is configured as a G+2P+12TYP+R building. It is active, with a completion ratio of 54.7% recorded on 31 August 2026 and a scheduled completion date of 31 August 2026.
Edgewater Residences 2 is planned as a single residential building with 97 units. Its registered building configuration is G+2P+12TYP+R, comprising a ground level, two podium levels, 12 typical floors and a roof level. The project start date is 30 June 2024, and its recorded total area is 10,971.55. The development sits within Dubai Islands, a five-island waterfront masterplan on Dubai’s northern coastline. The islands are named Marina Island, Central Island, Shore Island, Golf Island and Elite Island. Dubai Islands combines residential projects with hospitality, marina and public-realm components.
The project is active. Its completion ratio was 54.7% at the inspection dated 31 August 2026. The scheduled completion date is 31 August 2026. Construction began on 30 June 2024. The building’s 97-unit count and one-building structure are registered for the project. These details position Edgewater Residences 2 as an under-construction residential building with a defined project completion date. The construction status and completion ratio identify the current stage of work, while the scheduled completion date sets the recorded delivery target for the development.
Dubai Islands is a masterplan of five islands spanning residential, hospitality, marina and public-realm uses. Its development pattern includes waterfront villas, apartment projects, resorts, hotels, public beaches, parks and marina facilities. Central Island is designed around Deira Mall and The Night Market. The wider masterplan includes 37 hotels and resorts, while the RIU and Centara resorts are open. Dubai Islands also includes public beaches and two square kilometres of parks and open areas. Nakheel Marinas Dubai Islands launched in May 2023. The marina provides 248 wet berths for vessels up to 47 metres, 40 dry berths for trailers up to 20 metres, and capacity for up to 13 superyachts at one time.
Dubai Islands Beach is 0.3 km from Edgewater Residences 2. Maritime City Park is 4.5 km away, and Al Mamzar Beach Park is 5.5 km away. Dubai Heritage Village is 3.8 km from the project, Dubai Museum is 4.1 km away, and Queen Elizabeth 2 is 4.6 km away. Vox Cinema at City Centre Shindagh is 4.2 km away. Vox Cinemas at BurJuman Mall is 5.2 km away, while Vox Cinemas at Deira City Centre is 6.3 km away. Dubai Creek Golf & Yacht Club is 7.2 km from the project, and Al Badia Golf Club is 11.5 km away.
Dubai International Airport is 9.6 km from Dubai Islands by road. Downtown Dubai is 13.8 km away, The Dubai Mall is 13.7 km away, Business Bay is 15.3 km away and Dubai International Financial Centre is 12.1 km away. The nearest Dubai Metro access is Green Line station G22, at a distance of 4.7 km. Palm Jumeirah is 28.3 km from the islands, Dubai Marina is 31.1 km away and JBR Beach is 31.7 km away. Road and bridge works form part of the area’s planned and ongoing infrastructure, including bridge projects associated with the Shindagha Corridor Project.
Edgewater Residences 2 is developed by M G S Development. The company was founded in 2023. M G S Development is the name used for the project’s developer, while the registered development entity is M G S Development L.L.C. The project is one of the residential developments within Dubai Islands, alongside the masterplan’s waterfront housing, hotel, resort, marina and public-beach components. Edgewater Residences 2 is registered as a 97-unit residential building with a scheduled completion date of 31 August 2026.
Dubai market as a whole: prices, transactions and trends (DLD data) →
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Project data comes from the Dubai Land Department (DLD) registry.
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How to cite:Edgewater Residences 2 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/edgewater-residences-2-dubai-islands/
