Developer Deal
From
AED 1,910,000
Handover
Q1 2027
Payment Plan
35/65
Down Payment
5%
Back to Developer DealsDeveloperMGS DevelopmentView developer profile
Edgewater Residences 2
Dubai Islands, Dubai, UAE
DeveloperMGS DevelopmentView developer profileDLD Waiver
—
Discount
—
Handover
Q3 2028
Post Handover
—
Payment Plan
60%
40%
10% down
About Edgewater Residences 2
MGS Development presents “Edgewater Residences 2,” a waterfront residential sanctuary located on the prestigious Dubai Islands. This 15-storey development epitomizes luxury island living, crafted with meticulous attention to detail and equipped with cutting-edge amenities. Designed to inspire and motivate, Edgewater Residences 2 offers a serene environment complemented by luxurious accommodations …
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
10/50/40 Payment Plan
- Deposit
- 10%
- During construction
- 50%
- On handover
- 40%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Edgewater Residences 2
Median sale price/sqft
AED 2,039/sqft
Median sale price
AED 2,418,454
Median price/sqft over time
Oct 24Range AED 2,003 – AED 2,114Dec 24
Transaction activity
LiquidityStrong
48 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-19 | Edgewater Residences 2 | 3 | 1,654 sqft | AED 3,375,042 | 2,041 |
| 2024-12-19 | Edgewater Residences 2 | 3 | 1,654 sqft | AED 3,375,042 | 2,041 |
| 2024-12-16 | Edgewater Residences 2 | 2 | 1,235 sqft | AED 2,517,045 | 2,037 |
| 2024-12-16 | Edgewater Residences 2 | 2 | 1,235 sqft | AED 2,517,045 | 2,037 |
| 2024-12-16 | Edgewater Residences 2 | 2 | 1,235 sqft | AED 2,517,045 | 2,038 |
| 2024-12-13 | Edgewater Residences 2 | 2 | 1,117 sqft | AED 2,485,274 | 2,226 |
Completed transactions in Dubai Islands
Median sale price/sqft
AED 1,934/sqft-15.6%
Median sale price
AED 4,018,800
Gross rental yield
0.7%
Median annual rent
AED 29,791
Median price/sqft over time
Dec 23Range AED 1,423 – AED 2,567Dec 24
Community activity
LiquidityStrongPrice momentumFalling
1,840 sales and 20 rentals in the last 12 months
Primary vs resale
Primary 62.4%Resale 37.6%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Bay Villas | 4 | 3,925 sqft | AED 6,000,000 | 1,529 |
| 2024-12-13 | Hatimi Residences | 1 | 842 sqft | AED 2,300,000 | 2,732 |
| 2024-12-13 | Edgewater Residences 2 | 2 | 1,117 sqft | AED 2,485,274 | 2,226 |
| 2024-12-13 | Bay Villas | 4 | 4,660 sqft | AED 6,000,000 | 1,288 |
| 2024-12-13 | Bay Villas | 4 | 3,925 sqft | AED 6,000,000 | 1,529 |
| 2024-12-13 | Hatimi Residences | 1 | 841 sqft | AED 2,300,000 | 2,735 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Edgewater Residences 2
Our team will send you the complete payment schedule, floor plans and current offer from MGS Development.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Edgewater Residences 2
- What is the handover date for Edgewater Residences 2?
- Edgewater Residences 2 is scheduled for handover in Q3 2028.
- What is the starting price of Edgewater Residences 2?
- Prices start from AED 1,070,000. Contact our team for current availability.
- Who is the developer of Edgewater Residences 2?
- Edgewater Residences 2 is being developed by MGS Development.
- Where is Edgewater Residences 2 located?
- Edgewater Residences 2 is located in Dubai Islands, Dubai, UAE.