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EDGEWATER RESIDENCES

Project video
104 - 131 m2
Area
Q3 2026
Completion date
From 10%
Downpayment

About Edgewater Residences

Location Dubai
Project status New project
Distance to the sea 150 m
Developer MGS Development
Type of property Development
Payment plan 60 / 40
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EDGEWATER RESIDENCES in Dubai

Edgewater Residences in Dubai Islands is a mid-rise residential project scheduled for completion in Q3 2026. The development offers apartments with 1–3 bedrooms. The cost of premium units starts from:

  • AED 1.1 million (USD 300,000) for 1-bedroom units
  • AED 2 million (USD 545,000) for 2-bedroom properties
  • AED 2.6 million (USD 708,000) for 3-bedroom properties

The down payment is 10% of the property's value and is required to book the property.

50% must be paid in eight instalments before construction is completed. The remaining balance is due upon the handover of the property.

The internal infrastructure of the complex includes the following amenities:

  1. Recreation area with a swimming pool, sun loungers and sun umbrellas;
  2. Gym;
  3. Outdoor sports areas;
  4. Playground;
  5. Barbecue area;
  6. Car park.

Off-plan property in EDGEWATER RESIDENCES for investment

Housing in the emirate is a highly liquid and growing asset. Amid rapidly increasing demand, prices rose by 21% year-on-year in Q2 2024. There are no indications of a price reduction for off-plan properties for sale in EDGEWATER RESIDENCES, so apartments in this new complex represent an excellent option for investors seeking capital growth.

By finalising a deal at the early stages of construction, investors will be able to profit from resale as early as 2026. Typically, property prices increase by an average of 25–35% from the excavation stage to the handover of keys.

Well-appointed beaches and prestigious leisure and recreational facilities further enhance the appeal of flats in this area, making them a potential source of high and stable rental income. The average return on investment for residential property in the Emirate ranges from 5 to 9% per annum, with properties located in coastal areas offering the highest profitability.

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Project details

  • Close to the beach
  • Near public transportation
  • Close to shopping malls
  • Close to schools
  • Close to the kindergarten
  • Prestigious district
  • Close to international schools
  • Great location
  • Sea nearby
  • Near metro
  • Near restaurants
  • Sea view
  • City view
  • Park/garden view
  • Beautiful view
  • Community view
  • Direct line to the security
  • Alarm system
  • Panoramic windows
  • Balcony
  • Terrace
  • TV
  • Internet
  • Furnished
  • Finished
  • Upgraded interior
  • Luxury real estate
  • Premium class
  • New development project
  • Tap water
  • Electricity
  • Driveway to the land plot
  • Restaurant
  • Cafe
  • Bar
  • Lobby in Building
  • Recreation area
  • Fitness room
  • Private Gym
  • Elevator
  • CCTV
  • Security
  • Children's playground
  • Children's pool
  • Landscaped garden
  • Landscaped green area
  • Fresh sea air
  • Social and commercial facilities
  • Community garden
  • Car park
  • Promenade with amenities
  • Benches
  • Well-developed facilities
  • Swimming pool
  • Shop
  • Supermarket
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Layouts Edgewater Residences

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2D
Living space 104.33m²
Bathrooms 2
Bedrooms 2
Min. price 2 253 957 AED
2D
Living space 104.61m²
Bathrooms 2
Bedrooms 2
Min. price 2 259 922 AED
2D
Living space 128.49m²
Bathrooms 2
Bedrooms 2
Min. price 2 682 186 AED
2D
Living space 134.06m²
Bathrooms 2
Bedrooms 2
Min. price 2 804 369 AED
1
out of
4
2D
Living space 126.72m²
Bathrooms 3
Bedrooms 3
Min. price 2 603 493 AED
2D
Living space 127.93m²
Bathrooms 3
Bedrooms 3
Min. price 2 617 913 AED
2D
Living space 131.09m²
Bathrooms 3
Bedrooms 3
Min. price 2 687 390 AED
2D
Living space 138.15m²
Bathrooms 3
Bedrooms 3
Min. price 2 840 535 AED
1
out of
4
Get all floor plans

Comparison of parameters and prices in Edgewater Residences

Layouts
Bedrooms
Type of property
Living space
Price
2 bedrooms 2 253 957 AED
2 bedrooms
Apartment
104.33 m²
2 253 957 AED
2 bedrooms 2 259 922 AED
2 bedrooms
Apartment
104.61 m²
2 259 922 AED
2 bedrooms 2 682 186 AED
2 bedrooms
Apartment
128.49 m²
2 682 186 AED
2 bedrooms 2 804 369 AED
2 bedrooms
Apartment
134.06 m²
2 804 369 AED
3 bedrooms 2 603 493 AED
3 bedrooms
Apartment
126.72 m²
2 603 493 AED
3 bedrooms 2 617 913 AED
3 bedrooms
Apartment
127.93 m²
2 617 913 AED
3 bedrooms 2 687 390 AED
3 bedrooms
Apartment
131.09 m²
2 687 390 AED
3 bedrooms 2 840 535 AED
3 bedrooms
Apartment
138.15 m²
2 840 535 AED

Payment plan

INSTALLMENT PLAN
Fase
PAYMENT (%)
Downpayment10%
On Booking
10%
DLD Fee4%
Fee
4%
1st Instalment10%
2 months after booking
10%
2nd Instalment10% (per 3 mounth 5%)
2 installments (5 mounth after reservation)
10% (per 3 mounth 5%)
3nd Instalment10%
11 month after reservation
10%
4nd Instalment20% (per 3 month 5%)
4 installments (14 month after reservation)
20% (per 3 month 5%)
Final Payment40%
Upon delivery
40%
Consultation with an expert
We will help you with your choice at any time, we are online 24/7. You will receive complete information about the property you are interested in and the available layout options.

Uniqueness

EDGEWATER RESIDENCES by MGS Development

Future residents will be just a few minute's drive from key infrastructure, including schools, kindergartens, medical clinics, pharmacies, supermarkets and parks. The island where the complex is located benefits from an established transport network, providing easy access to all areas of the emirate.

The Dubai International Airport is only 15 minutes away, while Downtown Dubai and Dubai Mall are a 25-minute drive, making the flats highly desirable for frequent travellers. Within half an hour's drive, residents can also reach some of the world's most popular attractions, including the tallest skyscraper and one of the largest shopping centres.

Apartments in EDGEWATER RESIDENCES

Buyers can choose from 1-bedroom flats starting at 46 square metres, 2-bedroom flats starting at 91 square metres and 3-bedroom flats starting at 112 square metres. The layouts of the premium unit include a spacious living room, an open-plan kitchen, a dining area, a laundry room and 1–4 bathrooms.

Some properties also feature walk-in wardrobes and balconies or terraces. The interior design is characterised by light colours and natural materials. Panoramic floor-to-ceiling windows offer stunning sea views of the Arabian Gulf and allow plenty of natural light to flood the spaces.

Map

Al Ghubaiba
4 km
Gold Souq
2.8 km
Baniyas Square
3.6 km
  • Museum 3.5 km
  • Hospital 3 km
  • Mall 1.7 km
  • Marina 1.5 km
Places nearby
Starbucks
Union Coop Abu Hail
Dubai Islands Marina
Souk Al Marfa
迪拜香港饭店 HONGKONG RESTAURANT
Park Regis by Prince Dubai Islands
Waterfront Market
Dubai Islands

Dubai Islands

Dubai Islands is a 17-square-kilometre mixed-use community comprising five artificial islands. Upon completion, the archipelago will feature numerous health resorts, prestigious hotels and shopping centres. The developers also plan to expand the beaches and increase the areas designated for public parks. The neighbourhood is easily accessible by road and sea, with residents able to use buses, taxis and water transport.

FAQ

What is the completion date for the apartments for sale in EDGEWATER RESIDENCES?
The premium flats are scheduled for completion in Q3 2026.
Who is the developer of EDGEWATER RESIDENCES in the UAE?
MGS Development is constructing the building.
What is the address of EDGEWATER RESIDENCES?
The new residential development is located on the Dubai Islands.
What are the offered unit types?
The project offers premium apartments with 1–3 bedrooms.
How much does an apartment cost in EDGEWATER RESIDENCES?
At EDGEWATER RESIDENCES, prices from the developer start from AED 1.1 million (USD 300,000).
What are the Payment Plans for EDGEWATER RESIDENCES?
Buyers can pay for the flats using the 60/40 plan. The first instalment is 10%, followed by 50% paid in instalments during construction. The remaining 40% is due upon the handover of the property.
Can a foreigner buy flats in EDGEWATER RESIDENCES?
Yes, the project is located in a freehold zone, allowing foreigners the right to purchase and own apartments indefinitely.
Can I obtain residency if I buy real estate in EDGEWATER RESIDENCES?
To obtain a two-year residence permit, a foreigner must invest at least AED 750,000 (USD 205,000) in Emirati property and for a five-year permit, the investment must be AED 2 million (USD 545,000). Therefore, foreign buyers of 1-bedroom flats will qualify for a two-year residence permit, while buyers of 2- and 3-bedroom flats will be eligible for a five-year permit.
Is EDGEWATER RESIDENCES a prime location to live in Dubai?
Yes, EDGEWATER RESIDENCES offers a prime living location for expatriates planning to settle in the emirate. The complex’s proximity to essential infrastructure, well-designed layouts, cosy interior designs and world-class amenities such as swimming pools, gym and concierge service make it an excellent choice for permanent residence.
What are the pros and cons of waterfront living in Dubai Islands?
The main advantages of the area include well-maintained beaches, numerous green spaces, a convenient location, a tranquil environment and a well-developed infrastructure featuring over 80 resorts, multiple shops and restaurants. However, for some individuals, the lack of vibrant nightlife typically found in the city centre may be seen as a disadvantage. Nonetheless, the community primarily attracts families with children and tourists seeking a peaceful holiday.

Developer MGS Development

7 Total
0 Completed projects
7 Ongoing projects

MGS Development is a renowned property development company with extensive experience in creating high-quality buildings in Dubai. With a team of over 5,000 employees, the company specialises in sustainable construction methods, innovative design and exceptional customer service. Since its establishment, the organisation has completed 900 projects and commissioned 8,160 residential units.

Contact us

Tim Ward
Property expert
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