Developer: MGS Development · Dubai Islands
Edgewater Residences is a residential project by MGS Development in Dubai Islands, Dubai, with handover Q3 2026, construction 27.9% complete per the DLD registry, 79 units.
| Type | Units | Size, sq.ft |
|---|---|---|
| 1 Bedroom | 21 | 548–1 070 |
| 2 Bedroom | 33 | 1 051–2 342 |
| 3 Bedroom | 25 | 1 365–3 436 |
All units are freehold. Data from the DLD registry.
The purchase price is split into these stages.
The exact schedule is confirmed in the sale agreement for the selected unit.
Data from the Dubai Land Department project registry (updated 21.08.2026 09:55).
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 17.08.2026 | 1 BR | 69.4 | 1 700 000 |
| 03.08.2026 | 3 BR | 138.4 | 3 100 017 |
| 14.07.2026 | 2 BR | 104.8 | 2 292 606 |
| 02.02.2026 | 2 BR | 98.8 | 2 250 000 |
| 24.12.2025 | 1 BR | 50.9 | 1 275 000 |
| 17.12.2025 | 1 BR | 51.2 | 1 380 000 |
| 15.12.2025 | 1 BR | 50.9 | 1 400 000 |
| 12.12.2024 | 2 BR | 104.8 | 2 259 922 |
| 09.12.2024 | 1 BR | 69.4 | 1 649 680 |
| 27.11.2024 | 3 BR | 126.9 | 2 795 681 |
| 25.11.2024 | 3 BR | 126.9 | 2 640 163 |
| 25.11.2024 | 3 BR | 126.9 | 2 447 282 |
| 22.11.2024 | 2 BR | 97.6 | 2 098 283 |
| 22.11.2024 | 2 BR | 104.5 | 2 118 719 |
| 20.11.2024 | 3 BR | 138.4 | 2 853 559 |
| 15.11.2024 | 3 BR | 138.4 | 2 670 103 |
| 15.11.2024 | 3 BR | 128.1 | 2 460 837 |
| 15.11.2024 | 3 BR | 131.3 | 2 700 414 |
| 15.11.2024 | 2 BR | 97.6 | 2 221 501 |
| 15.11.2024 | 3 BR | 131.3 | 2 526 146 |
Dubai Land Department transaction registry, updated 2026-08-21. 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.
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 51 | 1 400 000 | 27 451 | 25 |
| 2 bedrooms | 104 | 2 250 000 | 21 635 | 23 |
| 3 bedrooms | 131 | 2 700 414 | 20 614 | 23 |
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 is an active apartment development by MGS Development on Dubai Islands. The project comprises 79 units in one residential building and is scheduled for handover in Q3 2026. Construction began on 30 April 2024, with recorded completion progress at 27.88%.
Edgewater Residences is planned as a ground-floor residential building with two podium levels, 12 typical residential floors and a roof level. The building is designed with a concrete structure, blockwork, and internal and external finishes. It contains 79 residential units within one building. The development is located on Dubai Islands, a waterfront district on Dubai’s northern coastline. Its project status is active, and construction started on 30 April 2024. Recorded construction progress stands at 27.88%. The scheduled handover date is Q3 2026, placing Edgewater Residences among the active residential projects under development on Dubai Islands.
Edgewater Residences contains 79 apartments across its single-building configuration. Apartments are offered with one, two or three bedrooms. The planned arrangement combines a ground floor, two podium levels, 12 typical residential storeys and a roof level. The development is positioned as a waterfront apartment project on Dubai Islands. Its residential design is paired with a range of shared leisure, fitness and recreation facilities, including swimming pools, a gymnasium, children’s play areas and outdoor activity spaces. The project’s unit count, building count and construction configuration are defined within the registered project details.
The amenity selection for Edgewater Residences includes beach access, swimming pools and an infinity pool. Fitness and outdoor activity facilities include a fitness centre, gymnasium, jogging track, running track, cycling trails and walking paths. Recreation areas include a padel tennis court, ping-pong facilities, a yoga area, landscaped gardens and children’s playgrounds. The listed facilities also include a kids’ play area, sports courts and recreation areas. Indoor parking, covered parking, 24-hour security and concierge service form part of the stated resident services. Restaurants, retail outlets, a supermarket and a beach club are also included in the project’s listed features.
Edgewater Residences is located on Dubai Islands. Dubai Islands Beach is 0.3 km from the development. Dubai Heritage Village is 3.6 km away, while Dubai Museum is 4.0 km away and the Queen Elizabeth 2 is 4.4 km away. Maritime City Park is 4.2 km from the project and Al Mamzar Beach Park is 5.7 km away. Dubai Creek Golf & Yacht Club is 7.3 km away, while Al Badia Golf Club is 11.5 km away. Nearby cinema destinations include Vox Cinema at City Centre Shindagh at 4.0 km, Vox Cinemas at BurJuman Mall at 5.1 km, and Vox Cinemas at Deira City Centre at 6.4 km.
Edgewater Residences has a 60/40 payment plan. The payment structure begins with a 10% down payment on booking. A further 50% is payable during construction through the first to eighth instalments. The remaining 40% is payable on handover, at 100% completion. The project’s scheduled handover is Q3 2026. Construction commenced on 30 April 2024 and the project is active. Its recorded completion ratio is 27.88%, providing a current construction-progress measure for buyers assessing the development timeline.
MGS Development is the developer of Edgewater Residences. Founded in 2023, MGS Development is developing the project on Dubai Islands. The development consists of one residential building containing 79 units. Its registered project configuration is ground floor, two podium levels, 12 typical residential floors and a roof level. MGS Development’s Edgewater Residences is active, with construction having started on 30 April 2024. The recorded construction completion ratio is 27.88%, and the scheduled handover is Q3 2026. The project combines one- to three-bedroom apartments with beach access, pools, fitness facilities and outdoor recreation areas.
We will send floor plans, the payment plan and available units for this project.
Project data comes from the Dubai Land Department (DLD) registry.
