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Edgewater Residences 1
Edgewater Residences 1Dubai Islands
1,130,000 AEDstarting
2,071 AED/ft²
307 units28%Available Now
MGS Development

Edgewater Residences 1

Dubai Islands

1 - 3 BedsApartment

Launch price

1,130,000 AED

Payment Plan: 10/25/65
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Buildings
Dubai Islands
Edgewater Residences 1
MGS Development

Edgewater Residences 1

Dubai Islands

1 - 3 BedsApartment

Launch price

1,130,000 AED

Payment Plan: 10/25/65

Edgewater Residences 1

Dubai Islands

by MGS Development

Booking
10%

Booking

Construction
25%

Construction

Handover
65%

Handover

Local Information

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Description

Edgewater Residences offers luxury apartments for sale in Dubai Islands — an off-plan development by MGS Development with 79 units. MGS Development designed the project to feature 1, 2, and 3-bedroom apartments across 12 residential floors, complemented by a ground floor and two podium levels. The contemporary coastal architecture incorporates linear facades and neutral finishes, harmonizing with the waterfront setting and offering views of the Arabian Gulf. Completion is anticipated in Q3 2026. A structured payment plan requires 10% deposit, 50% during construction, and 40% upon handover. Located on Island A of Dubai Islands, the development provides access to Dubai Islands Beach and is near an upcoming mall. Dubai International Airport is approximately 20 minutes away. Current construction progress stands at 16%. [cite: 3, 4, 5, 6, 7, 8, 10, 11 ```json { "description":

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Price Analysis for Edgewater Residences 1

Apartment

1 B/R

21%
21 units
547 – 1,069 ft²
No market history available yet

Starting price

1.13M

2,071 /ft²

Current price

1.38M

2,505 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Edgewater Residences 1

DatePriceTypeBeds
24 Dec 20251,275,000Apartment1 B/R548 ft²—2,327
17 Dec 20251,380,000Apartment1 B/R551 ft²—2,505
15 Dec 20251,400,000Apartment1 B/R548 ft²—2,555
9 Dec 20241,649,680Apartment1 B/R747 ft²—2,208
24 Dec 2025
1,275,000
1 B/RApartment

548 ft²

—

2,327

17 Dec 2025
1,380,000
1 B/RApartment

551 ft²

—

2,505

15 Dec 2025
1,400,000
1 B/RApartment

548 ft²

—

2,555

9 Dec 2024
1,649,680
1 B/RApartment

747 ft²

—

2,208

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 4 most recent sales transactions

What's Available for Edgewater Residences 1

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

No units to display

Price Trends

For units in Dubai Islands

Comparable Buildings in Dubai Islands

Assigned Schools

Affordability

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FAQ

Edgewater Residences 1 is situated on Island A, also known as the Central Island, within the Dubai Islands master-planned waterfront community. This location provides residents with proximity to the Arabian Gulf coastline and is part of a broader development featuring extensive beach access and marina facilities.
MGS Development is the developer responsible for Edgewater Residences 1. The company has partnered with Miami-based architectural firm AYENK to design this residential project.
The building features a range of leisure and wellness facilities, including a swimming pool, kids' pool, and a gym with male and female changing rooms. Additional amenities include a kids' play area, an open-air gym, a padel court, table tennis, a yoga space, and a dedicated quiet zone for relaxation.
This development relies on road-based transport, as there is currently no direct Dubai Metro station on Dubai Islands. Residents typically access mainland Dubai via the Infinity Bridge, with the nearest metro station, Gold Souq, located a short drive away on the mainland.
The tower is primarily suited for investors and end-users seeking a waterfront lifestyle in a developing freehold area. The project's mix of 1, 2, and 3-bedroom apartments and its location on Dubai Islands cater to those looking for a coastal environment with proximity to future retail and hospitality infrastructure.
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Price Trends

For units in Dubai Islands

AED/ft²

Mean 1 B/R value
Edgewater Residences 1: 2,505

AED/ft²

Mean value
Edgewater Residences 1:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Dubai Islands

BuildingPrice per ft²ConstructionHandoverDeveloper
Edgewater Residences 3 - Building BMGS Development
2,797 AED/ft²
11.7%
15%
Q1 2027
Edgewater Residences 3 - Building B
2,797 AED/ft²11.7%
15%
Q1 2027
MGS Development logo
Edgewater Residences 3 - Building CMGS Development
2,650 AED/ft²
5.8%
15%
Q1 2027
Edgewater Residences 3 - Building C
2,650 AED/ft²5.8%
15%
Q1 2027
MGS Development logo
Bay Grove Residences B3Nakheel
2,202 AED/ft²
12.1%
4%
Q1 2028
Bay Grove Residences B3
2,202 AED/ft²12.1%
4%
Q1 2028
Nakheel logo
Edgewater Residences 3 - Building AMGS Development
2,651 AED/ft²
5.8%
15%
Q1 2027
Edgewater Residences 3 - Building A
2,651 AED/ft²5.8%
15%
Q1 2027
MGS Development logo
Capital Horizon TerracesCapital International Real Estate
2,278 AED/ft²
9.1%
0%
Q4 2026
Capital Horizon Terraces
2,278 AED/ft²9.1%
0%
Q4 2026
Capital International Real Estate logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Dubai Islands neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Dubai Islands
157 Buildings For You
Buy: AED 620K - 48.7M
YoY Price Change: +8.8%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.