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Edgewater Residences, Dubai Islands

Edgewater Residences in Dubai Islands, Dubai is an off-plan project from AED 2.1M, handover 29 Sept 2026, by MGS Development. Review 1 Bed - 3 Bed across apartments, penthouses, Pre-handover schedule: 60%, Post-handover schedule: 40%, 3 floor-plan signals, amenities and comparable market evidence before requesting current availability.

Dubai Islands, Dubai

From price

AED 2.1M

Bedrooms

1 Bed - 3 Bed

Size range

548 - 4,826 sqft

Handover

29 Sept 2026

Median PSF

AED 2,441

Advisor support

Get latest availability / payment plan

Confirm current prices, unit availability, incentives and payment terms before shortlisting.

Community Intelligence

Location and Nearby: Dubai Islands

Community-level evidence for this project location.

Median sale

AED 44.4M

AED 3,254 / sqft

Recent sales

5,619

1,471 in 3m

Rental benchmark

--

-- / sqft

Off-plan supply

411

tracked projects

About Edgewater Residences

Edgewater Residences is tracked by PropertyStellar as an off-plan opportunity in Dubai Islands, Dubai by MGS Development. This page combines project data, unit-type ranges, and community market evidence so investors can review the opportunity before requesting current availability. The visible unit mix covers 1 Bed - 3 Bed across apartments, penthouses. Handover is listed for 29 Sept 2026.

Developer: MGS Development
Unit mix: 1 Bed - 3 Bed across apartments, penthouses
Handover: 29 Sept 2026

Prices and Unit Types

Compare bedroom mix, size and price ranges. Floor-plan buttons appear only where an image is available.

4 unit typesplans available

Apartments

From AED 1.5M

1 Bed

1BR Apartments

Area

747 sqft

Price

AED 1.5M-2.9M

2 Bed

2BR Apartments

Area

2,342 sqft

Price

AED 2.3M-3.9M

3 Bed

3BR Apartments

Area

2,185 sqft

Price

AED 2.8M-21.5M

Penthouses

From AED 4.5M

3 Bed

3BR Penthouses

Area

2,186 - 2,559 sqft

Price

AED 4.5M-7.6M

Payment Plan

Milestone% value
Pre-handover schedule
60%
Post-handover schedule
40%

Handover and Construction Status

Confirm handover and construction status before booking because developer release schedules and incentives can change.

Handover

29 Sept 2026

Launch

TBC

Construction status

To verify

Last refreshed

16 Jun 2026

Dubai Land Department

Official Project Status

Not enough verified official data is available yet. We will update this section once the evidence is stronger.

Advisor check

Official status

Advisor check

Review status

To verify

Last inspection

22 Jun 2026

Developer record

mismatch

Area service charge

Dubai Islands Service-Charge Benchmark

DLD Service Charge Index benchmark from official records available for this community.

Details

Median

AED 0.5/sqft/yr

Average

AED 0.5/sqft/yr

Range

AED 0.3/sqft/yr - 0.6/sqft/yr

Records reviewed

3

Service-charge recordYearAED/sqft
Dubai Island - Dubai Island - Dubai Island-A - Under Construction - Residential - Palm Deira2026AED 0.6/sqft
Dubai Island - Dubai Island - Dubai Island-A - Villa - Under Construction - Residential - Palm Deira2026AED 0.5/sqft
Dubai Island - Dubai Island - Dubai Island-A - Vacant - Residential - Palm Deira2026AED 0.3/sqft
Dubai Island - Dubai Island - Dubai Island-A - Under Construction - Residential - Palm Deira2025AED 0.6/sqft

Evidence

Comparable Project Evidence & Trends

Recent project evidence where available, with community benchmark evidence when direct project records are not strong enough yet.

Project-level evidence

Matched sales

293

293 in 12m

Matched median sale

--

-- / sqft

Latest verified sale

TBC

Project-level evidence

Community sales

5,619

1,471 in 3m

Community rent

--

-- / sqft

Period trend series is not available for this community snapshot yet.

Recent Sales

DateBedsTypeSale
17 Jun 20262 BedapartmentAED 3.0M
3 Jun 20262 BedapartmentAED 3.0M
8 May 20261 BedapartmentAED 2.2M
28 Apr 20261 BedapartmentAED 2.2M
14 Apr 20261 BedapartmentAED 2.2M

Recent Rentals

DateBedsTypeRent
22 Jun 20261 BedapartmentAED 150K

Comparable Projects

Comparable projectFromEvidence

241 Waterside

Legacy Star Development

AED 2.1MDirect project evidence

The Tides by AMIS

Amis Properties

AED 2.1MDirect project evidence

Bay Grove Residences C Building 11

Nakheel

AED 2.1MDirect project evidence

Sunset Bay 2 by Imtiaz

Imtiaz Developments

AED 2.1MDirect project evidence

Wellington Ocean

ANK Developer

AED 2.1MDirect project evidence

Lifestyle & Amenities

Gym or Health Club
Swimming Pool
Kids Play Area
Barbeque Area
Data detailscollapsed

Developer

MGS Development

Project reference

20231

DLD reference

2930

Official status

Advisor check

Service charge

AED 0.5/sqft/yr

Launch

TBC

Handover

29 Sept 2026

Last refreshed

16 Jun 2026

Transaction scope

Tower/unit evidence

Internal links

Similar Off-Plan Projects

Frequently asked questions

Off-Plan Project FAQ

What is the starting price of Edgewater Residences?

Edgewater Residences starts from AED 2.1M based on the currently available off-plan records.

When is the handover date for Edgewater Residences?

Edgewater Residences handover is listed for 29 Sept 2026.

Who is the developer of Edgewater Residences?

Edgewater Residences is listed by MGS Development.

What unit types are available at Edgewater Residences?

Edgewater Residences currently shows 1 Bed - 3 Bed across apartments, penthouses.

What payment plan is offered for Edgewater Residences?

Pre-handover schedule: 60%, Post-handover schedule: 40%

What amenities does Edgewater Residences offer?

Edgewater Residences amenities include Gym or Health Club, Swimming Pool, Kids Play Area, Barbeque Area.

Is Edgewater Residences a good investment?

Review the price and payment plan against market evidence: median project PSF is AED 2,441, 293 verified sales rows, 5,619 community sales in 12 months.

Where is Edgewater Residences located?

Edgewater Residences is located in Dubai Islands, Dubai. Compare it with other off-plan projects in Dubai Islands and the community intelligence page before shortlisting.

Are floor plans available for Edgewater Residences?

Edgewater Residences currently has 3 floor-plan signals in the available records.

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