Developer: M G S Development · Dubai Islands
Edgewater Residences 3 is a residential project by MGS Development in Dubai Islands, Dubai, with handover Q1 2027, construction 30.4% complete per the DLD registry, 328 units.
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
The purchase price is split into these stages.
The exact schedule is confirmed in the sale agreement for the selected unit.
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Data from the Dubai Land Department project registry (updated 23.09.2026 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 |
|---|---|---|---|
| 10.09.2026 | 1 BR | 78.6 | 2 236 354 |
| 08.09.2026 | 1 BR | 73.0 | 2 275 880 |
| 16.07.2026 | 1 BR | 73.0 | 2 227 458 |
| 04.06.2026 | 2 BR | 117.2 | 2 999 543 |
| 11.05.2026 | 1 BR | 73.3 | 2 235 692 |
| 28.04.2026 | 1 BR | 78.6 | 2 238 914 |
| 14.04.2026 | 1 BR | 73.1 | 2 199 608 |
| 10.04.2026 | 1 BR | 73.9 | 2 232 255 |
| 01.04.2026 | 1 BR | 78.8 | 2 234 488 |
| 30.03.2026 | 1 BR | 73.3 | 2 282 532 |
| 30.03.2026 | 1 BR | 78.6 | 2 227 996 |
| 23.03.2026 | 1 BR | 73.8 | 2 268 207 |
| 23.03.2026 | 1 BR | 73.3 | 2 232 380 |
| 23.03.2026 | 1 BR | 73.3 | 2 187 091 |
| 03.03.2026 | 1 BR | 72.8 | 2 191 480 |
| 02.03.2026 | 1 BR | 73.0 | 2 218 077 |
| 02.03.2026 | 1 BR | 73.9 | 2 223 257 |
| 02.03.2026 | 1 BR | 73.8 | 2 221 283 |
| 02.03.2026 | 1 BR | 71.7 | 2 235 056 |
| 19.02.2026 | 1 BR | 73.3 | 2 187 688 |
Dubai Land Department transaction registry, updated 2026-09-21. 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 | 73 | 2 187 688 | 29 968 | 95 |
| 2 bedrooms | 109 | 2 949 969 | 27 064 | 34 |
| 3 bedrooms | 220 | 5 217 456 | 23 716 | 18 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
Edgewater Residences 3 is a residential development by M G S Development on Dubai Islands. The active project comprises 328 units across three buildings, with one-, two- and three-bedroom apartments planned. Construction began on 30 November 2024, and the recorded completion ratio is 15.01%, with completion dated 31 January 2027.
Edgewater Residences 3 is configured as a G+2P+12F+R residential development: a ground floor, two podium levels, 12 residential floors and a rooftop. The registered project includes three buildings and 328 units. Its construction specification is a concrete structure with blockwork and internal and external finishes. The apartment collection is planned in one-, two- and three-bedroom configurations. The scheme is located on Dubai Islands, a multi-island waterfront destination on Dubai’s northern coastline. The project’s recorded total area is 38,375.67.
The planned residences comprise one-, two- and three-bedroom apartments. The building format places the apartments across 12 residential floors above the ground floor and two podium levels, with a rooftop forming the upper part of the configuration. The project has 328 units in total across its three buildings. The homes are described with large windows, contemporary fixtures, modern appliances and finishes. These specifications form part of the planned residential offering for Edgewater Residences 3.
Planned facilities at Edgewater Residences 3 include a swimming pool, fitness centre, gymnasium, landscaped gardens and a children’s play area. The amenity programme also includes sports courts, cycling trails, jogging trails and a running track. Covered indoor parking and a parking facility are included, together with 24-hour security. Retail outlets, restaurants and a supermarket are listed among the on-site facilities. The project also includes social spaces, a beach club BBQ area and sea views. These facilities are intended to sit within the residential development on Dubai Islands.
Edgewater Residences 3 is on Dubai Islands. Dubai Islands Beach is 0.2 km from the project, while Dubai Heritage Village is 3.8 km away and Dubai Museum is 4.1 km away. Queen Elizabeth 2 is 4.6 km away. Maritime City Park is 4.4 km from the development, and Al Mamzar Beach Park is 5.6 km away. Dubai Creek Golf & Yacht Club is 7.3 km away. Vox Cinema at City Centre Shindagh is 4.2 km away, while Vox Cinemas at BurJuman Mall and Deira City Centre are 5.2 km and 6.4 km away respectively. Dubai Islands comprises five islands: Marina Island, Central Island, Shore Island, Golf Island and Elite Island.
The stated payment plan allocates 5% as a down payment on booking, 30% during construction across the first to fourth instalments, and 65% on handover at 100% completion. Construction started on 30 November 2024. The project is active, and its recorded completion ratio is 15.01%, based on an inspection dated 4 May 2026. The recorded completion date is 31 January 2027. Buyers considering the payment structure can therefore distinguish between the booking payment, the construction-stage instalments and the final handover payment.
Edgewater Residences 3 is developed by M G S Development. The company was founded in 2023. For this project, M G S Development is delivering a 328-unit residential scheme on Dubai Islands with a ground floor, two podium levels, 12 residential floors and a rooftop. The project is active and was started on 30 November 2024. Its recorded completion date is 31 January 2027. The development brings together one-, two- and three-bedroom apartments with planned facilities including a swimming pool, fitness centre, landscaped gardens, children’s play space, sports courts and parking.
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Project data comes from the Dubai Land Department (DLD) registry.
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How to cite:Edgewater Residences 3 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-09-09, https://continentalclub.ae/project/edgewater-residences-3-dubai-islands/
