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Edgewater Residence 3

Beach Residences Dubai Islands, Rixos Dubai Islands Hotel & Residences, Dubai Islands, Dubai, UAE

DeveloperMGS-DevelopmentView developer profile

DLD Waiver

Discount

Handover

Q4 2026

Post Handover

Payment Plan

35%
65%

5% down

Starting price

AED 2,178,736

35/65 · 5% down

About Edgewater Residence 3

Edgewater Residences Phase 3 is the final and most exclusive chapter of MGS Development's waterfront community on Dubai Islands. Three elegant 12-storey towers, designed by American studio AYENK, house 328 semi-fitted 1–3 bedroom apartments with BOSCH kitchens. Set amid lush greenery and pristine shorelines, residences from the 5th floor enjoy uninterrupted sea and golf-course views, moments from …

Project documents

Brochures

Not available yet

Payment schedule

Payment Plan 997

Deposit
5%
During construction
30%
On handover
65%

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

DateBuildingBedsAreaPriceAED/sqft
2024-12-31Zephyra Residences1763 sqftAED 1,585,2532,079
2024-12-31Zephyra Residences1763 sqftAED 1,585,2532,079
2024-12-30Azura Residences1847 sqftAED 1,669,8581,971
2024-12-30Haven Bay21,252 sqftAED 2,614,0002,087
2024-12-30Bay Villas45,541 sqftAED 10,200,0001,841
2024-12-30Dubai Islands33,153 sqftAED 28,500,000860

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 Residence 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

Frequently asked questions about Edgewater Residence 3

What is the handover date for Edgewater Residence 3?
Edgewater Residence 3 is scheduled for handover in Q4 2026.
What is the starting price of Edgewater Residence 3?
Prices start from AED 2,178,736. Contact our team for current availability.
Who is the developer of Edgewater Residence 3?
Edgewater Residence 3 is being developed by MGS-Development.
Where is Edgewater Residence 3 located?
Edgewater Residence 3 is located in Beach Residences Dubai Islands, Rixos Dubai Islands Hotel & Residences, Dubai Islands, Dubai, UAE.