Developer Deal
From
AED 1,070,000
Handover
Q3 2028
Payment Plan
60/40
Down Payment
10%
Back to Developer DealsDeveloperMGS DevelopmentView developer profile
Edgewater Residences 3
Dubai Islands, Dubai, UAE
DeveloperMGS DevelopmentView developer profileDLD Waiver
—
Discount
—
Handover
Q1 2027
Post Handover
—
Payment Plan
35%
65%
5% down
About Edgewater Residences 3
Experience coastal luxury at Edgewater Residences Phase 3, an elite address on Dubai Islands by MGS Development. These three 12-storey towers present 328 beautifully appointed 1- to 3-bedroom apartments spanning 646-3,576 sq. ft., each with a private balcony offering captivating views. The internationally acclaimed AYENK studio of Miami has conceived an architectural vision of serene elegance, sho…
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
5/30/65 Payment Plan
- Deposit
- 5%
- During construction
- 30%
- On handover
- 65%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Dubai Islands
Median sale price/sqft
AED 1,934/sqft-15.6%
Median sale price
AED 3,615,392
Gross rental yield
0.8%
Median annual rent
AED 29,791
Median price/sqft over time
Jan 24Range AED 1,423 – AED 2,567Dec 24
Community activity
LiquidityStrongPrice momentumFalling
1,922 sales and 18 rentals in the last 12 months
Primary vs resale
Primary 63%Resale 37%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-30 | Azura Residences | 1 | 847 sqft | AED 1,669,858 | 1,971 |
| 2024-12-30 | Haven Bay | 2 | 1,252 sqft | AED 2,614,000 | 2,087 |
| 2024-12-30 | Bay Villas | 4 | 5,541 sqft | AED 10,200,000 | 1,841 |
| 2024-12-30 | Dubai Islands | — | 33,153 sqft | AED 28,500,000 | 860 |
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 3
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 3
- What is the handover date for Edgewater Residences 3?
- Edgewater Residences 3 is scheduled for handover in Q1 2027.
- What is the starting price of Edgewater Residences 3?
- Prices start from AED 1,910,000. Contact our team for current availability.
- Who is the developer of Edgewater Residences 3?
- Edgewater Residences 3 is being developed by MGS Development.
- Where is Edgewater Residences 3 located?
- Edgewater Residences 3 is located in Dubai Islands, Dubai, UAE.